Guidewire confirmed a definitive agreement to buy ProNavigator, the AI-powered knowledge management platform, aiming to fold its insurance-trained intelligence into the broader Guidewire ecosystem.
Omnix Medical, a Jerusalem biotech working on anti-infective drugs, closed a $25 mn Series C funding round co-led by Harel Insurance & Finance and the European Innovation Council (EIC) Fund. Existing ...
S&P Global Ratings shifted its outlook on Vienna Insurance Group and its reinsurer VIG RE to positive from stable. The agency kept both entities at A+ for insurer financial strength and issuer credit.
Flood insurer Wright Flood, a subsidiary of Brown & Brown, said it will acquire the assets of Poulton Associates, one of the largest national catastrophe managing general agents. Closing is scheduled ...
Metropolitan Tower Life Insurance, a MetLife subsidiary, has entered into a $1.8 bn pension risk transfer deal with Eastman Kodak following the company’s decision to terminate its longstanding Kodak ...
State Farm Insurance Co. is under fire in federal court over claims it denied or canceled policies using what the plaintiffs call “cheat-and-defeat AI algorithms.” The lawsuit, filed in the U.S.
Howden US Services is staring at another legal fight. Willis Towers Watson says the broker has been staging “coast-to-coast raids” to build its U.S. business, including an alleged grab of an entire ...
10 major banks—including Bank of America, Goldman Sachs, Deutsche Bank, and UBS—just confirmed they’re teaming up to study the launch of a stablecoin tied to G7 currencies. Citi, MUFG, Barclays, TD ...
The employer-sponsored medical plan costs worldwide to climb 9.8% in 2026, according to Aon’s Global Medical Trend Rates Report. That projection marks a shift back to single-digit growth for the first ...
SiriusPoint has agreed to sell its 49% equity stake in Arcadian Risk Capital to Lee Equity Partners for $139mn, a deal that includes a pre-close dividend. The transaction, announced this week, ...
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