Insurtech

Marshmallow Achieves $2 Billion Valuation as BlackRock Enters Fundraising Round

27 days ago

In a significant boost for the insurtech startup Marshmallow, the company has recently reached a staggering valuation of $2 billion following a successful fundraising round, which saw the involvement of major investor BlackRock. This milestone reflects the growing confidence in the digital insurance market as it continues to evolve into a competitive landscape that caters to modern consumers.

Ageas Expands Its Portfolio: Acquires UK Insurer esure for $1.3 Billion

28 days ago

In a significant move within the insurance sector, Ageas, a prominent European insurance group, has announced its decision to acquire esure, a UK-based insurance provider, from Bain Capital for a staggering $1.3 billion. This strategic acquisition is expected to bolster Ageas's presence in the competitive UK market, particularly in the personal insurance sector.

Gary Cohn Appointed to Zinnia's Board: A Power Move in Insurance Technology

2 months ago

In a significant development for the insurtech sector, Gary Cohn, the former chief economic advisor to President Donald Trump, has joined the board of directors at Zinnia, an innovative insurance technology firm. This strategic appointment is being closely watched by industry experts as Cohn's extensive experience in finance and economics may play a pivotal role in shaping Zinnia's future growth and market positioning.