Pacific Prime acquires MIT Insurance Brokers Sdn Bhd

Global insurance brokerage Pacific Prime is pleased to announce the full acquisition of MIT Insurance Brokers Sdn Bhd, Malaysia’s leading insurance brokerage firm specializing in risk management, insurance, and reinsurance. With unwavering dedication to providing exceptional service, MIT has been at the forefront of Malaysian property and casualty, financial lines, and employee benefits solutions since 1973. Previously under the ownership of the largest state development corporation in Malaysia, MIT has provided high-profile clients with retail brokerage and...

Ascend appoints Saima Shaukat as New Advisory Board Member

Ascend, the first modern insurance financial operations automation platform, is pleased to announce the appointment of Saima Shaukat as the newest member of its advisory board. Saima’s combined technology and financial services industry experience will help advise Ascend as it seeks to expand its platform throughout the insurance distribution channel. Saima joins with over 20 years in sales leadership and marketing strategy for the software as a service (SaaS) industry. Starting her career with Salesforce, Saima...

PCF Insurance Services fuels growth strategy with hires & promotions

PCF Insurance Services (“PCF”), a top 20 U.S. insurance brokerage, announced appointments that will broaden its senior leadership team and fuel its continued growth strategy. “We’re at an exciting moment in time in our company’s growth,” said Felix Morgan, CEO of PCF Insurance. “To set the stage for continued expansion, we’re accelerating our M&A strategy, building out operational systems, optimizing back-office functions and expanding our senior leadership team.” The following strategic hires and promotions further strengthen...

Venbrook adds to Senior Leadership Roster, appoints Brooke Lais as CMO

Venbrook Group, LLC (“Venbrook”), one of the largest independent insurance distribution and services firms in the U.S., announced the appointment of Brooke Norton Lais to Chief Marketing Officer, effective immediately. Lais brings more than 20 years of high-level marketing and CMO experience to Venbrook across multiple businesses in the insurtech, fintech, and consumer goods space, including Green Dot Corporation, Procter & Gamble, Welcome Tech, and others. Most recently, Lais ran the eponymously named Brooke It Branding, a marketing...

Indemn secures $1.9 million in funding

Indemn, a pioneering insurtech platform, announced it has closed a $1.9 million pre-seed funding round, marking its continued growth in delivering insurance products through natural conversation powered by AI. The round was led by Markd, with participation from Afterwork Ventures, Everywhere Ventures, and a group of prominent entrepreneurs and insurance leaders from Australia and the U.S. Established in 2021, Indemn’s AI-driven platform revolutionizes engagement with digital insurance products by making information, product configuration, and underwriting accessible through natural conversation. Indemn’s...

Wisedocs closes $12.7M Oversubscribed Series A

Wisedocs, machine learning software-as-a-service (SaaS) for medical record review, indexing, and summarization closes $9.5M USD ($12.7M CAD) in oversubscribed Series A financing. The Series A is led by Information Venture Partners, an early-stage B2B fintech investment firm; and by Thomson Reuters Ventures and ManchesterStory. Connor Atchison, Founder and CEO of Wisedocs, states, “This latest financing round proves the success of our most recent technological advancements. The claims ecosystem has long remained a siloed and slow-moving machine. With the improvements in...

Vitable Health welcomes Vance Sible as Head of TPA Partnerships

Vitable Health, a leading enhanced direct primary care built to reduce claims cost under self-funded groups, is thrilled to announce the appointment of Vance Sible, CSFS, RHU, HIA, as the Head of TPA Partnerships. In his new role, Vance will spearhead collaborations with Third-Party Administrators (TPAs), Stop-Loss companies, and Broker partners to help expand the reach of Vitable Health nationwide. Vitable’s TPA and Stop-Loss partnerships will deliver active reductions in overall healthcare costs for self-insured employers while...

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