discovermarket Expands into Latin America, Launching in Brazil

discovermarket, a global Insurtech leader and innovator in embedded insurance solutions, has announced its official launch in Latin America, beginning with establishing a legal entity in Brazil. With this expansion, discovermarket aims to transform the future of embedded insurance in the region by bringing innovative insurance solutions, technology, and expertise to Latin America’s rapidly evolving Insurtech landscape. The Latin American insurance market is among the world’s fastest-growing in both life and non-life segments thanks to...

HUDSONPOINT capital joins Arete Wealth network of wealth management firms

Arete Wealth, a full-service Broker-Dealer (BD) and Registered Investment Advisory Firm (RIA), is proud to announce HUDSONPOINT capital has joined its network of wealth management firms. HUDSONPOINT capital has significantly enhanced its capabilities and its access to exclusive investment opportunities by affiliating with Arete Wealth’s broker-dealer, registered investment advisor, and insurance agency. For over two decades, HUDSONPOINT capital has been dedicated to guiding clients towards more promising returns by providing access to alternative investment strategies and...

Bishop Street Underwriters to Acquire Landmark Underwriting

Bishop Street Underwriters (“Bishop Street”), a RedBird Capital Partners portfolio company, today announced that it will acquire Landmark Underwriting, a specialty focused managing general agent (MGA) in the London Insurance market. Financial terms were not disclosed. The acquisition is subject to United Kingdom’s Financial Conduct Authority regulatory approval. Founded in 2017, Landmark Underwriting provides multi-disciplined product offerings, globally to brokers and clients, with a dedicated focus on complex and specialty (re)insurance across multiple classes including...

Insurtech Leader iCover Raises Undisclosed Seed Funding

iCover, a Missouri-based Insurtech that provides an algorithmic underwriting Platform as a Service (paas) for life insurance companies, raised an undisclosed amount in seed funding.  The company intends to use the funds raised to expand insurance distribution through a direct-to-consumer offering, increase technical staff and expand sales and marketing efforts. iCover also announced a multi-year partnership with KSKJ Life, headquartered in Joliet, IL, that allows iCover to onboard KSKJ Life’s full suite of products which includes Final...

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