AgentSync raises $50M in Funding
October 27, 20236 min
AgentSync doubles down on building the most modern and connected producer management and compliance solutions to provide flexibility in distribution channels for carriers, agencies, and MGAs
Applied announces New Innovation Across Product Portfolio
October 26, 202311 min
Recent investments drive digital growth with increased portfolio integration, data-enriched workflows and expanded connectivity to carrier markets
QuoteWell raised over $15M in Series A funding led by NEA
October 25, 20235 min
QuoteWell, a tech-enabled commercial insurance wholesale brokerage that is at the forefront of innovating the distribution side of insurance, announced the launch of its brokerage operations to serve independent retail agents. QuoteWell helps agents who are often overlooked and given poor customer service due to low premiums associated with their accounts and provides best-in-class in-house brokers to efficiently find and place the risk. In the lead-up to public launch, QuoteWell, founded in 2021, has secured...
FANHUA announces Joint Ventures with Asia Insurance
October 23, 20235 min
FANHUA Inc. (“FANHUA” or “the Company”) (Nasdaq: FANH), a leading independent financial services provider in China, is excited to announce a strategic partnership with Asia Insurance Co., Ltd. (“Asia Insurance”), a wholly-owned subsidiary of Asia Financial Holdings Ltd (HKSE: 0662). Together, the two companies are forming two joint ventures: a life insurance brokerage company and an insurance technology company. FANHUA will be the majority shareholder of both joint ventures, with a 60% ownership stake in...
Markel makes a strategic investment in leading tax MGA, Certa
October 20, 20234 min
Markel, the insurance operation within Markel Group Inc. (NYSE: MKL), announces a 49% strategic investment in Certa, the market-leading tax MGA. This move will accelerate the UK-based tax specialist’s product development and geographical expansion plans, while giving Markel further access to the significant long-term growth opportunity in the niche, maturing sector. Certa was formed in 2019 by four market professionals – Ed Beckwith, Tom Cartwright, Rachel Hine, and Adam Singer – to establish a dedicated tax underwriting MGA, with the...
APRIL International acquires Expat & Co in Belgium
October 19, 20235 min
APRIL Group, Europe's leading wholesale insurance broker, announces the acquisition of Expat & Co, a specialist in international health insurance in Belgium.
Majesco Gears Up for an Action-Packed Week at InsureTech Connect
October 18, 20235 min
Majesco, a global leader of cloud insurance solutions for insurance business transformation, announced it is gearing up for the much-anticipated 2023 InsureTech Connect event with an exciting panel session and booth exhibit. This annual event is set to take place at the Mandalay Bay in Las Vegas, running from October 31st through November 2nd. It stands as the foremost InsurTech gathering, offering unparalleled access to a global array of insurers, MGAs, reinsurers, tech entrepreneurs, investors, and...
NFP acquires The Cronin Insurance Consultancy Limited
October 17, 20233 min
Acquisition of West Midlands commercial insurance firm, NFP's second in recent months, continues regional expansion
CheckMate passes 50,000 Insurance Check Payments Processed
October 16, 20236 min
The insurance-centric lockbox integrates with Vertafore's AIM, Sagitta and MGA Systems, with more integrations in development.