insurance ecosystem - FinTecBuzz

Front Street Re appoints Edison Fong as Chief Executive Officer

May 9, 20245 min

Front Street Re (“FSR” or the “Company”), an international Insurtech and reinsurance company that focuses on annuity, life, health, and general reinsurance solutions and is an operating subsidiary of Lexasure Financial Group Limited (“Lexasure”), today announced the appointment of Edison Fong as Chief Executive Officer following a thorough search process. Mr. Ian Lim, Chief Executive Officer of Lexasure Financial Group and President of Front Street Re, stated, “Please join me in congratulating Edison as he assumes the CEO role at Front...

by GlobeNewswire

Insurance

Verisk named One of the UK’s Best Workplaces in Tech™ for 3rd Year

September 14, 20234 min

For the third consecutive year, data analytics and technology provider Verisk (Nasdaq: VRSK) has been named one of the UK’s Best Workplaces in Tech™. The Best Workplaces in Tech™️ list celebrates companies adept at developing dynamic, collaborative cultures that serve as a catalyst for innovation and personal growth for all. Lee Shavel, Verisk president and CEO said: “Insurance is a uniquely communal industry that helps individuals, businesses and communities effectively manage risks and aid in recovery when devastation occurs....

by PRNewswire

Insurance

ZhongAn unveils AI & AIGC Integration roadmap into insurance sector

July 10, 202313 min

On July 7, ZhongAn Online P&C Insurance Co., Ltd, China’s first online-only insurance company, presented its vision of how the transition from digital intelligence to “AI +insurance” at the “Next Generation Digital Infrastructure, Brand New Value for Insurance Ecosystem” subforum of the 2023 World Artificial Intelligence Conference (WAIC2023). The transition is set to revolutionize the entire process of the sale and management of insurance, paving the way for an entirely new insurance infrastructure. The presentation delved into...

by PRNewswire

Insurance

Kissterra Appoints Industry Veteran Udi Ziv as CEO

February 14, 20236 min

Former CEO of Earnix appointed to accelerate Kissterra's growth and innovation as it undergoes rapid growth

by PRNewswire

Insurance

Accelerant Announces Growth Funding Round in Excess of $190M

January 13, 20226 min

Accelerant, the insurtech empowering underwriters with superior risk exchange and data analytics coupled with long-term capacity commitments, today announced it has raised in excess of $190 million at a $2 billion pre-money valuation led by Eldridge, with participation from Deer Park, Marshall Wace, MS&AD Ventures, and others. Existing majority investor Altamont Capital Partners also participated in the round. Accelerant will deploy the capital to continue to rebuild the way that underwriters share and exchange risk to improve outcomes for program...