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HDI Seguros and insureMO bring generative AI agents to insurance product engineering
HDI Seguros and insureMO are applying generative AI agents to insurance product engineering, following a migration of more than 11 million records in less than nine months. The release describes the move as the next phase of the companies' strategic partnership. In less than nine months, HDI integrated the life insurance portfolio it acquired from […]
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BPCE Assurances agrees to acquire GamaLife from Apax Funds
BPCE Assurances has agreed to acquire Portuguese and Italian life insurer GamaLife from Apax Funds, in what would be its first acquisition outside France.
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Approximately $340m deal sees Amdocs acquire insurance core platform provider EIS
Amdocs has acquired insurance core platform provider EIS for approximately $340m in cash, marking its first step into the insurance industry.
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$43m funding for Lazarus AI with participation from QBE and State Farm Ventures
Boston-headquartered Lazarus AI has announced $43m in funding, with participation from QBE, State Farm Ventures, and others.
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Crestview Partners invests in Novel Financial Holdings
Private equity firm Crestview Partners has invested an undisclosed amount in Novel Financial Holdings, whose managed carriers write around $2bn of annual gross written premium.
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£4.9m seed round for i23, the AI-native insurance broker
i23, the AI-native insurance broker co-founded by former economic secretary to the Treasury Bim Afolami and PrimaryBid co-founder Anand Sambasivan, has secured £4.9m in an oversubscribed seed round, according to Sky News.
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