InsurTech Analyst on LinkedIn: JAB Holding Company launches global insurance platform (2024)

I always say that the insurance industry needs to remain relevant to its clients and that is Howden Ventures' job: to supercharge innovation by bringing great talent and quality capacity together with a turnkey platform to solve the big problems.#Howden #innovation #clients

476

6 Comments

Howden Group Holdings Launches World-First Insurance Innovation Hub with £500M of Delegated Underwriting CapacityHowden, the global insurance group, has today launched Howden Ventures, subject to Lloyd's approval, with £500m of delegated underwriting capacity, to create an investment and risk incubator that will fast-track insurance product development. Commenting on the launch, Tom Hoad, Head of Howden Ventures said: “Innovation is all about working together and, for the first time, Howden Ventures will assemble the most innovative thinkers in the insurance ecosystem to help solve some of the world’s most critical risks. Combining the Managing General Agent (MGA) model with insurtech innovation provides the ideal platform to foster collaboration, and to merge external talent, fresh thinking, new technology, funding, and underwriting capacity. By doing so Howden Ventures is aligning interests from all corners of the market to create an economic model that will help the insurance industry invest in the type of long-term, innovative solutions that clients are looking for.”https://lnkd.in/e6qixGDPDavid Howden Dawn Miller, ARM, ERMP Daniel Whiteside Tony Hildrew#FFNews #Fintech #FintechMagazine #FintechFinance #Paytech #PaytechMagazine #Insurtech #InsurtechMagazine #KYC #Lendtech #Regtech

155

In just five years, ORIX Life Insurance transformed its #investment strategy with total assets surging from $10B to $18B, and an impressive 50 basis points growth in portfolio returns.Under the visionary leadership of CIO Shintaro Yoshida, its dynamic investment team focuses on #alternativeassets – private equity, debt, real estate, and infrastructure. And in partnership with ORIX Group company Robeco they manage allocations to nearly 100 funds with excellence in sourcing, risk management, and processing.Explore their evolution in #lifeinsurance investment in our latest #ORIXINACTION article. https://lnkd.in/gbCAmE6Q

125

5 Comments

Discover how Ansel, shaking up the insurance industry with $20m funding, is simplifying supplemental insurance across the US! #InsurTech #Innovation #FundingRevolution #insurance #insurtech #technologyhttps://lnkd.in/epH9Ywt3

We're talking all about #companyculture over on the blog today, and how it can supercharge an insurance organisation's ability to innovate. Find out:👉 Three key areas to evaluate within your current culture👉 Why it's important for insurers to get comfortable taking risks 👉 Our own cultural framework, known as The Nuon Way, drawing inspiration from GitHub, Valve corporation & MiroCheck it out:https://lnkd.in/eShw4y_R#inspiration #culture #insurance

4

Why is Capsule a name that resonates within the VC community? 💡 Because unlike traditional insurers, Capsule’s approach is unique to the ever-evolving needs of fast-growth businesses! 🚀 Pretty cool right! Read on to find out more 👇🏻 #scaleup #highgrowth #vc #vcfunding #nextlevelthinking

1

Distribution management has emerged as a critical factor in maintaining a competitive edge, fostering effective relationships with intermediaries, and accelerating business growth.Check out this Duck Creek Technologies blog on the current state and challenges of distribution management in #insurance:https://lnkd.in/dhHXa_xT#propertyandcasualty #ditributionmanagement #insuranceindustrytrends

17

Zala Insurtech News: CatX, a platform designed to facilitate the flow of alternative capital into the insurance sector, has successfully raised $2.7 million in seed funding. The post CatX Raises US$2.7 Million to Bring More Alternative Capital into the Insurance Sector appeared first on Insurtech Insights. Read on below >> #insurance #innovation #insurtech

M&A IN INSURANCE: BOLD STEPS IN A SLOW GAMEEven as dealmaking slowed in 2023, many insurance companies didn't back down. They used this as an opportunity to utilize M&As in order to reinforce their positions and enhance their offerings. In our most recent M&A report, we uncover two major themes that have steered the past year's deal activity: Some companies are staying ahead of the curve by targeting new technologies, while others are focusing on acquisitions that allow for a greater emphasis not only on protection but also on prevention. Additionally, more companies are opting for partnerships as they test new waters, but they require as much preparation as acquisitions. Dive into our full report here: https://lnkd.in/eXece7ub

20

Press Release: Root accelerates expansion plans after Invenfin investmentWe are delighted to announce that Invenfin the venture and growth capital arm of Remgro Limited, has made a further investment in our company!Theo van den Berg, Investment Executive at Invenfin, commented: “Root is a great example of the type of company that Invenfin looks to invest in: a strong team building a world-beating product that’s winning in its South African home market and has clear potential globally. We believe in Root’s vision that the future of insurance is embedded, enabling companies to provide much more accessible, contextual and affordable insurance to consumers. We’re excited to back Root again following our first investment in 2021, as it accelerates its growth in the UK and beyond.”Louw Hopley, Co-Founder at Root, said: “We’ve built a trusted partnership with Invenfin since they invested in our business two years ago, and I’m delighted that they see further potential in our growth strategy and want to continue to invest in our future as we scale up internationally.We want to continue to expand in the UK while also making strides into the rest of Europe, and this growth capital from Invenfin enables us to do just that. The time is right for us, as lots of insurers are realising that innovative partner insurance channels such as embedded insurance are essential, and they want to invest in the robust, API-first technology they need to get to market quickly and confidently. We’re excited about what is to come over the next few years for our business.”Read the full press release: https://lnkd.in/e-eusHrPHuge thanks to the team at Invenfin for the support! We are looking forward to the next phase of our international growth. #Growth #Expansion #PressRelease #Insurtech #Insurance #EmbeddedInsurance #Distribution #API

46

1 Comment