TDI Daily Newswire - 09th November 2020

Published: Mon, 11/09/20

Welcome to The Digital Insurer Newswire, a daily updated selection of curated InsurTech and digital insurance news from around the web.

Today's Newswire in full

Today’s top selected digital insurance content

AIG plans private sale of minority stake in life and retirement business

AIG plans to spin off its life and retirement unit through staggered private sale, initially focusing on just under 20% of the business. The firm doesn’t think the split with general insurance will require any additional capital for either unit, but the insurer will restructure debt.

COMMERCIAL RISK

Ushur Closes $25M Series B Funding

Ushur a startup offering a service engagement platform featuring conversational AI, has announced $25M in Series B funding, fueled by a rapidly modernizing insurance industry and a growing demand for self-service customer experiences.

IIR

AXA and HSBC debut new insurance plan for homeowners in Hong Kong

AXA Hong Kong has partnered with HSBC to launch a new insurance plan for homeowners in Hong Kong, where property prices are said to be relatively high.

LIFE INSURANCE INTERNATIONAL

GuideWell acquires insurance company WebTPA

GuideWell announced that they have signed a definitive agreement to acquire WebTPA , an administrator of self-funded employer health plans. WebTPA provides integrated and customizable administration solutions and products to employers, health systems and insurance companies.

COVERAGER

Intact and Tryg preparing a joint offer to acquire RSA

A consortium composed of Intact Financial Corporation and Nordic property and casualty insurer Tryg A/S is preparing a cash offer to acquire RSA plc for £7.2-billion.

CANADIAN UNDERWRITER

Today's Newswire in full

Have we missed some news? Please send us the link to our newsdesk and our team will review and publish if it is within our editorial guidelines.

Read more in-depth content from The Digital Insurer

If you would like to sign up a colleague to the daily Newswire then use the sign up link. Just share the email with your colleague and they can register.

View in Browser

"For your convenience this email is setup to auto login our members to their dashboard. Access to profile settings requires your password to ensure security”

Unsubscribe from Daily Newswire email service