This site uses cookies to improve your experience. To help us insure we adhere to various privacy regulations, please select your country/region of residence. If you do not select a country, we will assume you are from the United States. Select your Cookie Settings or view our Privacy Policy and Terms of Use.
Cookie Settings
Cookies and similar technologies are used on this website for proper function of the website, for tracking performance analytics and for marketing purposes. We and some of our third-party providers may use cookie data for various purposes. Please review the cookie settings below and choose your preference.
Used for the proper function of the website
Used for monitoring website traffic and interactions
Cookie Settings
Cookies and similar technologies are used on this website for proper function of the website, for tracking performance analytics and for marketing purposes. We and some of our third-party providers may use cookie data for various purposes. Please review the cookie settings below and choose your preference.
Strictly Necessary: Used for the proper function of the website
Performance/Analytics: Used for monitoring website traffic and interactions
India's insurance sector is poised for a major transformation following the Finance Minister of Indias February 1, 2025 announcement of a proposal to increase the FDI limit in the sector from 74% to 100%. This development presents opportunities for foreign investors in one of the world's fastest growing insurance markets.
Global Banking and Finance – 2024 Insurance Predictions Janthana Kaenprakhamroy, Founder and CEO of Tapoly As we edge closer to 2024, the global insurance landscape is poised for a transformation driven by technological advancements, evolving customer expectations, and changing regulations.
UK’s Hiscox to sell Singapore and Thailand insurance business (Reuters) – British insurer Hiscox said on Wednesday it has agreed to sell DirectAsia, its motor insurance business in Singapore and Thailand, to Ignite Thailand Holdings following a strategic review. Reporting by […]
In a year generally marked by caution in dealmaking, the Canadian market saw heightened regulatory scrutiny, the growth of private capital financing and the effects of a mature representation and warranty insurance industry. By: Blake, Cassels & Graydon LLP
Beyond Traditional Insurance: The 831(b) Plan’s Response to Market Challenges By Van Carlson, Founder and CEO of SRA 831(b) Admin The Hardening of an Insurance Market: Then and Now The insurance market operates in cycles, influenced by a myriad of factors.
In the complex world of corporate finance and insurance, where innovation meets regulation, the Restricted Property Trust (RPT) stands out as a beacon of strategic brilliance.
Read PCE's Q2 2023 quarterly banking, finance and insurance report for the latest insights into M&A trends and industry movements, complete with charts and graphs.
By Piers Williams, Global Insurance Manager at AutoRek Imagine a world where insurance payments are processed within minutes, fraud detection happens in real time, and customers never face delays in claim payouts. The insurance industry is transforming, and payment processing is central to this change.
In addition to its equity investment alongside World's existing backer Charlesbank, Goldman Sachs is also leading debt financing in World. The post Goldman Sachs to invest in insurance brokerage World Insurance Associates appeared first on PE Hub.
By Dom Walbanke on Growth Business - Your gateway to entrepreneurial success If you’re a start-up in the construction or engineering industry, you may have come across an insurance product called delay insurance for start-ups – also known as DSU or Advanced Loss of Profits. This insurance is not taken out on its own.
Apollo was the first to use annuities to build a major financing business. Others followed, driving the growth of the private lending market and worrying regulators.
Lloyd’s of London insurer Hiscox profit spikes on premium rise By Carolyn Cohn LONDON (Reuters) -Lloyd’s of London insurer Hiscox posted a sharp rise in pretax profit on rising premium rates, but its shares fell on Wednesday as analysts focused on a disappointing retail outlook.
Digit Life Insurance, which is the newest licensee to get the regulatory approval to enter the life insurance space, on Monday said it has begun operations with the launch of a group term plan as its maiden product. Bengaluru-based Go Digit Life Insurance is a tech-backed life insurer and is part of Go Digit Group.
Credit Agricole beats estimates on insurance, consumer finance By Mathieu Rosemain PARIS (Reuters) – Credit Agricole SA, France’s second-largest listed bank, reported better-than-expected quarterly earnings on Friday, driven by strong insurance and consumer finance performances.
Why the need for insurance firms to innovate cannot be overstated By Piers Williams, Global Insurance Manager at AutoRek For firms operating in the insurance industry, transactional volumes and associated data is growing year-on-year.
Insurers look to ease UN climate alliance rules after member exodus – sources By Tommy Wilkes LONDON (Reuters) -The remaining insurers in a United Nations-backed coalition aimed at tackling climate change are poised to loosen the alliance’s membership requirements, after a recent exodus of members, according to two people familiar with (..)
Written By Sanket Das Artificial intelligence (AI) is transforming the insurance sector by automating routine tasks like policy servicing, customer queries, endorsements, and policy updates, allowing agents to focus on more complex and strategic roles.
It is important for policyholders to understand that standard car insurance policies might not provide adequate coverage for specific monsoon-related perils
According to a draft notification, the base premium rates for third party motor insurance cover have been proposed at Rs 2,094 for private cars below 1,000 cc, Rs 3,416 for cars
There are many different types of car insurance policies available, each with its own set of coverage options. It is important to choose a policy that meets the needs of the car owner
The Indian Railway Catering and Tourism Corporation (IRCTC) provides an optional travel insurance policy for passengers buying tickets from its online portal.
Regulator Irdai on Friday directed SBI Life Insurance Company to take over the policy liabilities of around two lakh policies along with assets of Sahara India Life Insurance Co. Ltd (SILIC) with immediate effect.
2024 Spotlight: How To Review the Top Life Insurance Brokers in the UK for Your Financial Security Choosing the right life insurance broker is a pivotal decision in securing your financial future.
In a remarkable demonstration of industry leadership and commitment to excellence, Allianz Trade in Asia Pacific has been honored with the prestigious title of Best Trade Credit Insurance Company Asia Pacific for the year of 2024 by the Global Banking & Finance Awards®.
is the most common question that we get from owners considering selling an insurance agency. This article seeks to cover the two most significant bases of selling an insurance agency - price and equity - to offer readers a more holistic sense of a positive deal structure. This is the natural consequence of getting an immediate payout.
For agency owners looking to sell their business in 2024, it’s helpful to know something about the insurance M&A buyer landscape before going in. The following section details the insurance M&A buyer landscape as of Q3 2024. To provide a sense of context for buyers’ current standing, we also include information from 2023.
The following article details the process of selling an insurance agency book of business in 2024, including deviations from the process of selling an agency, the valuation process, and common payout structures. Selling an insurance agency book of business has a few advantages over selling the agency in total. Why Sell Just the Book?
StoneX has moved to increase its remit and geographical reach through the acquisition of fixed income broker Octo Finances SA. StoneX will acquire 100% of Octo Finances SA shares once complete. Octo Finances is a highly respected French brokerage firm known for its excellent client service.
Insurtech is the digitisation of the insurance industry and is a sector which is also growing rapidly. There are direct insurers, who will offer – predominantly more competitive and flexible – premiums in competition to more traditional lenders, marketplaces which allow users to compare premiums and apps to manage existing premiums.
The sections below outline what insurance agency investment banks typically provide for clients, to help readers determine whether they are actually needed. Do You Need An Insurance Agency Investment Bank? Sica | Fletcher has been proud to represent thousands of insurance agencies and brokerages over the last 10 years.
If you're interested in breaking into finance, check out our Private Equity Course and Investment Banking Course , which help thousands of candidates land top jobs every year. Insurance Policies: These are classic examples where the insurer promises compensation for losses under specific conditions, against premium payments.
KPA is a provider of environmental health and safety and sales finance and insurance solutions. The post Providence Equity-backed KPA snaps up dealer compliance software firm ComplyNet appeared first on PE Hub.
Our research team’s latest report compares the top insurance agency investment banks of 2024. Insurance Agency Investment Banks: Investment banks that specialize in the insurance industry. Insurance Agency Investment Banks: Investment banks that specialize in the insurance industry.
Top Three Generative AI Use Cases in Insurance Industry By Syed Mohamed Thameem Nizamudeen, Principal Technical Program Manager Introduction The insurance industry is characterized by a multifaceted value chain, encompassing intricate processes from product development to claims management.
By Piers Williams, Global Insurance Manager at AutoRek Efficiency is a necessity in the intricate world of insurance but unfortunately for program administrators, complexity is an unavoidable reality. Success lies in the […]
This article examines the most common types of insurance agency sellers, which we break down into two distinct categories: the owners - agency CEOs and founders - and the partners - professionals in charge of overseeing a sale to ensure the best outcome.
An insurance underwriter is a professional responsible for evaluating the risk of insuring a person or asset and determining policy terms. Originating from marine insurance in Europe during the 17th century, underwriting has come a long way. The Process of Underwriting Risk Assessment Let's take the example of life insurance.
What We Learned About Finance Apps from Millions of Installs By Vanessa Bagnato, Director of Product Marketing, Alchemer Alchemer just released the 2023 Mobile Customer Engagement Benchmark Report, and customers in Fintech (credit score, mortgage, stocks and bonds, and loan consolidation.),
Purbeck Insurance Services Responds to the outcome of the U.K. General Election “Labour needs to prioritise small business growth and funding” 5th July 2024: Todd Davison, MD of Purbeck Insurance Services says: “We want to see Labour prioritising small business growth and funding.
The digital-first approach in the insurance sector has made customers change the way they interact and purchase policies. Powered by cutting-edge technologies, the insurance industry has become more efficient, accessible and affordable to many.
Over the past decade, India’s Direct-to-Consumer (D2C) insurance industry has experienced remarkable growth, fuelled by rising incomes and increased awareness. In this blog post, we delve into the unique cash flow challenges faced by D2C insurers and explore how Razorpay Line of Credit can help.
We organize all of the trending information in your field so you don't have to. Join 38,000+ users and stay up to date on the latest articles your peers are reading.
You know about us, now we want to get to know you!
Let's personalize your content
Let's get even more personalized
We recognize your account from another site in our network, please click 'Send Email' below to continue with verifying your account and setting a password.
Let's personalize your content