A Berlin-based InsurTech wefox will be providing insurance brokers access to a newly-launched technology platform called wefoxGo for free. This development comes after concerns emerged about the sales of these brokers being affected by the ongoing coronavirus pandemic.
Guy Carpenter has announced that Mr George Williams has been appointed as managing director, global head of client support services, effective immediately.
The Moroccan Federation of Insurance and Reinsurance Companies (FMSAR), has given assurances to policyholders and intermediaries as the Moroccan government announced a state of emergency which took effect on 20 March in a bid to curb the spread of COVID-19.
A leading Moroccan insurance and reinsurance broking and consulting company, Agma, has announced that its turnover
increased by 8.2% to MAD131.6m ($13.6m) for 2019 compared to the previous year.
AMTD Digital has announced a planned acquisition of PolicyPal, a Singaporean InsurTech start-up that acts as an online insurance broker and product comparison tool for customers. This move is part of AMTD Group's plan to build a Southeast Asian FinTech platform headquartered in Singapore.
2019 was another active year within Australia's insurance sector, albeit with more subdued volumes compared with previous years, says international professional services firm Deloitte.
The Democratic Republic of Congo has granted an insurance licence to a subsidiary of Hong-Kong-listed Frontier Services Group (FSG), a security and logistics company run by Mr Erik Prince, the founder of private security firm Blackwater.
S&P Global Ratings says that Aon's (A-/Stable/A-2) announced intention to acquire Willis Towers Watson (BBB/Watch Positive/--) has no immediate effect on its issuer credit rating on the company.
Aon and Willis Towers Watson announced yesterday a definitive agreement to merge in an all-stock transaction with an implied combined equity value of approximately $80bn.
E-commerce and online payment service company Paytm has announced that its group has an insurance broking licence from the IRDAI, a move which would broaden the group's expansion into financial services.