Browsing: #featured

Global insurtech bolttech, has partnered with Globe, the Philippines’ mobile leader, to launch Flagship Forever, a new device upgrade programme and the first for a telco in the Philippines. The offering is designed to give Globe customers freedom, accessibility, and affordability when it comes to owning the latest flagship smartphones. Launching this August in Globe stores nationwide and via relationship managers for Platinum subscribers, Flagship Forever will enhance and simplify the digital lifestyle of Filipinos. This follows bolttech and Globe’s earlier collaboration on Gadget Xchange, a mobile device programme designed to make postpaid device switching more convenient. With Flagship Forever,…

Driivz, a Vontier (NYSE: VNT) company and leading global software supplier to EV charging operators and service providers, today announced a partnership with ENAPI, a Berlin-based roaming connectivity platform, to deliver seamless, scalable EV charging across borders and networks, benefitting charge point operators (CPOs), e-mobility service providers (eMSPs), and EV drivers alike. This partnership unites the Driivz Smart EV Charging and Energy Management platform with ENAPI’s Open Charge Point Interface (OCPI)-based roaming broker, dramatically expanding reach and streamlining transactions between networks. This collaboration will provide Driivz customers with instant access to ENAPI’s extensive roaming network, which includes over 350,000 charge points connected via…

Global Indemnity Group, LLC (NYSE: GBLI) (“GBLI”), announced today that its subsidiary Penn-America Underwriters, LLC (“PAU”) has completed the acquisition of Sayata, an AI-enabled digital distribution marketplace and agency operations for commercial insurance. The acquisition complements GBLI’s recent strategic reorganization of its PAU business to focus on agency and insurance services. This acquisition will enable PAU to accelerate its roadmap by expanding distribution, product portfolio, and technology capabilities. Praveen K. Reddy, President and CEO of PAU, remarked, “The acquisition of Sayata directly supports our strategy to deliver faster, smarter distribution solutions for specialty insurance and new products. We are excited…

Honeycomb Insurance, the AI-powered digital insurer specializing in tailored property and casualty coverage for landlords and condominium associations, announced today that it has begun writing policies in Minnesota, with plans to expand into four additional states over the upcoming months. The move comes during a period of exceptional momentum for the company. In 2024, Honeycomb more than doubled its sales as it maintained a loss ratio significantly below the industry average. This performance reflects Honeycomb’s selective, data-driven underwriting approach, which uses proprietary computer vision and AI to assess each property with precision, enabling competitive coverage for well-maintained buildings that many…

On August 26, 2025, a non-binding memorandum of understanding (MoU) was signed between WeSure Global Tech and Technology Insurance Company Inc. (TIC), a subsidiary of the American insurance group AmTrust. This follows the July report on WeSure Technologies USA (WUS) signing an agreement with Hourly, Inc. to acquire 100% of Hourly’s issued and outstanding share capital. The report notes that AmTrust Group is an interested party in the company, currently holding about 15% of the company’s issued and outstanding share capital and about 30% of the issued and outstanding share capital of its subsidiary. According to the MoU, subject to…

At-Bay, the InsurSec provider for the digital age, today announced that AM Best has reaffirmed At-Bay Specialty Insurance Company’s Financial Strength Rating (FSR) of A- (Excellent) with a “Stable” outlook. The reaffirmation reflects AM Best’s confidence in At-Bay’s very strong balance sheet, disciplined underwriting strategy, and continued focus on operational excellence. The rating follows AM Best’s annual review and underscores At-Bay’s ability to meet its ongoing insurance obligations. At-Bay’s unique InsurSec approach—combining cyber insurance with proactive cybersecurity and incident response—has positioned the company as a forward-thinking carrier in a complex risk environment. “At-Bay is purpose-built to address one…

Powering Faster, Smarter Insurance Distribution, Together with Herald At Joshu, we’re on a mission to help insurers bring new products to market faster, with less friction, fewer IT bottlenecks, and more control in the hands of insurance professionals. ‍ Recently, we announced a new partnership with Herald, a leader in commercial insurance APIs. Together, we’re combining our strengths to offer carriers, MGAs, and insurtech platforms a seamless, end-to-end solution for launching and distributing digital insurance products at unprecedented speed. ‍ The Challenge: Digital Distribution Hasn’t Been Easy Traditionally, launching a new insurance product has been a long, fragmented process. Building the…

Sapiens International Corporation N.V. (NASDAQ: SPNS) (TASE: SPNS), “Sapiens” or the “Company”), a global leader in intelligent SaaS-based software solutions to the insurance industry, today announced that it has entered into a definitive agreement (the “Agreement”) to be acquired by Advent, a leading global private equity investor, for $43.50 per common share, in an all-cash transaction that values Sapiens at an equity value of approximately $2.5 billion. Existing Sapiens shareholder Formula Systems (1985) Ltd. (“Formula”) will retain a minority stake in the Company. Strategic Rationale and Benefits This strategic combination marks a significant milestone in Sapiens’ journey, enabling the company to accelerate its innovation…

Global insurtech bolttech announced the formation of its newly established Advisory Board, an external panel of experts, thought leaders, and industry specialists, to provide bolttech’s leadership with high-impact strategic advice and insights to support the company in its next stage of growth. The Advisory Board comprises eight experts from varied industries and backgrounds, including insurance, private equity, venture capital, professional services, and more, each bringing extensive experience and expertise to the table: Dawn Miller, Chief Commercial Officer, Lloyd’s and CEO, Lloyd’s Americas Edouard de Lamarzelle, Former CEO, Stellantis Insurance Felipe Fernandez Atela, Chairman & CEO, AdeA Information Intelligence Gaurav Garg, Partner…

Honeycomb Insurance, a deep-tech digital insurer specializing in tailored property and casualty coverage for landlords and condominium associations, has announced a partnership with Trisura Insurance Company, a leading insurance provider. This collaboration enhances Honeycomb’s admitted capacity and underscores its position as a stable, growth-focused insurer with strong underwriting performance. The addition of Trisura diversifies Honeycomb’s carrier partnerships while reinforcing the company’s commitment to providing scalable, AI-powered coverage solutions across the U.S. Advanced AI and machine learning capabilities enable Honeycomb to offer the most competitive coverages and pricing in the industry to well-maintained properties. Honeycomb more than doubled its sales in…

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