Ping An Ranks 47th on 2025 Fortune Global 500 List for 16th Year

Ping An Insurance Company of China, Ltd. is #47 globally on the latest Fortune Global 500 list, up six places from 2024, with operating revenue of about USD158.63 billion. The Company, which ranked 9th among global financial enterprises, has been included in the Fortune Global 500 list for 16 consecutive years. Ping An continues to advance its technology-enabled “integrated finance + health and senior care” strategy, accelerating its comprehensive digital transformation and the implementation of its “worry-free,...

Insurity Data Reveals Baby Boomers’ Digital Fatigue in Insurance

Insurity, a leading provider of cloud-based software for insurance carriers and intermediaries, including brokers and MGAs, announced new findings from its 2025 Digital Experience Index, a national survey measuring consumer sentiment around digital interactions with P&C insurers. Despite growing investment in digital transformation across the insurance industry, the survey found that many older policyholders remain skeptical of fully digital models and still prefer traditional forms of communication. According to the survey, 59% of Baby Boomers and...

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COVU Acquires Mitchell Insurance in Sixth Growth Deal

COVU, Inc., the leader in AI-native customer servicing for the insurance industry, today announced the acquisition of Mitchell Insurance Agency, a respected family-owned business with deep roots in the California market and long-standing relationships with both commercial and personal lines clients. As COVU’s sixth acquisition in its Rolling Thunder campaign, Mitchell represents a meaningful step forward in the company’s strategy to enhance its AI-native platform through strategic partnerships with high-quality agencies—delivering more scale, reach, and flexibility for...

ZhongAn Raises $500M in H Share Placement for Growth

ZhongAn Online P & C Insurance Co., Ltd. (“ZhongAn” or the “Company“; HKEX: 6060) announced on July 4 the successful completion of its H share placement, raising gross proceeds of approximately HK$3.92 billion (US$500 million). This marks the Company’s first equity financing since its 2017 IPO and signifies a major milestone in advancing its growth strategy. A total of 215 million new H shares were issued at HK$18.25 per share, representing approximately 12.76% of the Company’s enlarged share capital. The placement achieved...

Digital Finance Forum 2025 Held at Beijing Finance Park

On July 3, the Digital Finance Forum of the Global Digital Economy Conference 2025 was held at the Beijing Banking & Insurance Business Park. The forum was hosted by the Shijingshan District People’s Government of Beijing Municipality and Asia Digital Group. As a key event of the Global Digital Economy Conference, it brought together governments, financial institutions, and experts from countries including the United States, the United Kingdom, Germany, Japan, and Finland to engage in in-depth discussions on the theme of “Industry-City Synergy,...

Introducción a la carrera ‘ATLEFULCA Barranco de Telde’ La carrera ‘ATLEFULCA Barranco de Telde’ se ha consolidado como un evento deportivo emblemático en la comunidad atlética de Gran Canaria. Este acontecimiento no solo promueve la competencia atlética, sino que también fomenta la participación de atletas de todas las edades y niveles. Al recorrer una impresionante ruta de carrera, los participantes disfrutarán de un entorno natural que combina belleza y desafío, haciendo de esta experiencia algo...

King Risk Partners Acquires VIA Insurance Agency

King Risk Partners, the 56th largest insurance brokerage in the United States, is excited to announce the acquisition of VIA Insurance Agency, Inc. (Valvano Insurance Agency), a trusted independent insurance agency located in Holmdel, New Jersey. This acquisition enhances King’s footprint in New Jersey and underscores the dedication to delivering outstanding service and tailored insurance solutions to communities across New Jersey. VIA Insurance Agency, a respected independent agency based in Holmdel, New Jersey, has been serving individuals and businesses throughout the state...

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