Welcome to The Digital Insurer Newswire, a daily updated selection of curated InsurTech and digital insurance news from around the web.
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Today’s top selected digital insurance content
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| | Prudential Myanmar Life Insurance and Yoma Bank have established an exclusive bancassurance partnership following regulatory approval. Yoma Bank will be distributing Prudential Myanmar’s life insurance plans at its branches. The nationwide bancassurance rollout across all Yoma Bank branches will
take place from July to December 2021.
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LexisNexis Risk Solutions has launched LexID, a solution it said will help brokers and providers create a cohesive single-customer view across underwriting, pricing, renewals and claims.
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| | San Francisco-based automated insurance verification platform TrustLayer announced it has raised $6.6 million in a seed round led by Abstract Ventures with participation from Propel Venture Partners, NFP Ventures, BoxGroup, and Precursor Ventures.
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| | Lockton Re, the global reinsurance business of Lockton Companies, has licensed CyberCube’s Portfolio Manager. The contract represents an expansion of CyberCube’s relationship with Lockton, which rolled out the vendor’s Broking Manager cyber analytics tool in 2020.
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| | KKR & Co has completed its previously announced acquisition of retirement and life insurance company Global Atlantic Financial Group.The transaction, which was announced in July last year, valued Global Atlantic at nearly $4.7bn.
LIFE INSURANCE INTERNATIONAL
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