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Amplify gets backing for life insurance investment product
Amplify Life Insurance, a digital life insurance platform focused on helping customers build wealth through permanent life insurance, has raised $12m in Series A funding.
USAA launches life insurance product for younger customers
USAA Life Insurance Company has launched a digital life insurance product that requires no medical exam to 47 states in the US.
MetLife and YuLife join forces for life insurance
Global insurer MetLife UK and tech-driven insurance company YuLife have entered into a partnership which will see MetLife become an underwriter for YuLife’s Group Life cover policies.
Azos secures funding to modernise life insurance in Brazil
Brazilian digital life insurance provider Azos has raised $10m in a Series A funding round led by Prosus Ventures, a report by Coverager has revealed.
Sproutt eyes bolstered life insurance offering following $26m Series B raise
Life insurance firm Sproutt has raised $26m from a Series B funding round led by MoreTech Ventures.
Bestow and Equitable team up to provide digital life insurance
Life insurance technology company Bestow has partnered with Equitable, a financial services company, to launch a digital term life insurance offering.Powered by Bestow’s platform,...
Chubb to acquire Cigna’s life and non-life insurance firms in select APAC markets
P&C insurer Chubb has entered a deal to buy the life and non-life insurance companies of Cigma in seven Asia Pacific markets for a total of $5.75bn.
UK-based InsurTech YuLife nabs a $70m Series B to reinvent life insurance
Tech-driven insurance company which incentivises and rewards users to focus on their physical and mental health through a gamified interface, YuLife raised $70m in Series B funding led by Target Global.
Canara HSBC OBC Life Insurance ties up with CtrlS to upgrade its technological infrastructure
Canara HSBC Oriental Bank Of Commerce Life Insurance partnered with data centre and managed services provider CtrlS Datacenters to boost its tech infrastructure and facilitate a more digital journey for its customers.
Confie ties up with iBindiQ and BackNine to boost its suite of life insurance...
Personal lines insurance distribution company Confie entered into a new partnership with iBindiQ and BackNine that will boost its life insurance offerings to millions of consumers.