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News
ZeroRisk raises $4 mn to expand merchant risk platform in US
3+ day, 18+ hour ago (422+ words) ZeroRisk has raised $4 mn in a funding round led by Elkstone. The company will use the financing to expand its US operations, where it already works with several Tier 1 acquiring banks. Founded in 2023, ZeroRisk develops merchant risk and compliance software…...
Manulife Asia Insurance and Ant Health explore cross-border healthcare services
3+ day, 20+ hour ago (404+ words) Manulife Asia and Ant Health have signed a memorandum of understanding to explore cooperation across healthcare services and insurance technology. The initial work will focus on customers in Hong Kong SAR and the Chinese Mainland, with possible expansion to other…...
PB Fintech launches PB Pay payment aggregator in India
3+ day, 20+ hour ago (469+ words) PB Fintech has launched PB Pay, its payment aggregator platform for merchants in India. The service is now accepting merchant registrations and processing transactions after receiving authorization from the Reserve Bank of India in February 2026. PB Pay consolidates several payment…...
Cathay Life joins Global Asia Insurance Partnership as Principal Partner in Asia
3+ day, 20+ hour ago (497+ words) The Global Asia Insurance Partnership has named Cathay Life Insurance as a Principal Partner. The agreement will bring Taiwan’s largest life insurer into GAIP’s work on protection gaps and emerging risks across Asia. Cathay Life was established in 1962 and serves…...
EigenRisk adds GeoX data for 186 mn US properties
3+ day, 21+ hour ago (275+ words) EigenRisk, a provider of catastrophe risk management solutions, has added GeoX property intelligence to its EigenPrism catastrophe risk management platform. The integration gives (re)insurers, MGAs, brokers and risk managers access to AI-derived property attributes covering more than 186 mn commercial…...
Global Aerospace names Eric Donofrio president from 2027
3+ day, 21+ hour ago (310+ words) Global Aerospace has appointed Eric Donofrio as President of Global Aerospace, Inc., effective January 1, 2027. Donofrio will continue to serve as Chief Underwriting Officer alongside his new position. The appointment follows the planned retirement of Jeffrey Bruno at the end of…...
Emtech launches QMT 2.3 for autonomous insurance software testing
3+ day, 21+ hour ago (516+ words) Emtech has released QMT 2.3, a new version of its software testing platform for insurance carriers and InsurTechs. The update adds Autonomous Model Generation, Custom Test Cases and model-driven validation across legacy and modern enterprise systems. QMT is built around Emtech’s…...
Insurtech Shory launches Tesla insurance in UAE with EVS and Al Wathba
3+ day, 21+ hour ago (291+ words) Shory Group has partnered with Electric Vehicle Services and Al Wathba Insurance to launch motor insurance designed specifically for Tesla vehicles in the UAE. The product is available exclusively through Shory and combines digital insurance distribution with specialist electric vehicle…...
Chariot Re raises $700 mn in third capital round, taking total capital above $2 bn
1+ week, 2+ day ago (283+ words) Chariot Reinsurance has closed an oversubscribed third capital raise of approximately $700 mn in equity and debt financing. The Bermuda-based Class E life and annuity reinsurer said the additional funding will increase its capacity for new reinsurance transactions. MetLife and General…...
Great Hill invests in Aurenity, a technology-enabled E&S MGA, to support underwriting
1+ week, 2+ day ago (441+ words) Great Hill Partners has made a strategic investment in Aurenity, a technology-enabled excess and surplus lines managing general agent. Financial terms of the transaction weren’t disclosed. Aurenity’s founding investor, Agman, and the company’s management team will retain significant equity stakes…...