Private equity firm Apollo Global Management has agreed to buy the rest of its insurance affiliate Athene Holding it does not already own in an all-stock transaction worth nearly $11bn.
Re/insurance broker Aon has partnered with crypocurrency insurtech firm Nayms and Bermudian specialist insurer Realm to launch a new blockchain-enabled crypto pilot.
Content services provider Hyland Software has signed an agreement providing for exclusive negotiations to acquire Nuxeo, a content services platform and digital asset management (DAM) provider. The transaction is expected to close in April 2021.
LARUS Business Automation today announced results of the application of the LARUS Galileo Graph Explainable Artificial Intelligence (GXAI) platform powered by Fujitsu Deep Tensor® Technology at a large insurance company in Italy. Based on the preliminary results, the fraud detection rate improved from 18% to
81%.
Travel insurer Allianz Partners is rolling out enhancements to its travel insurance products that provide coverage to customers who become ill with Covid-19, are individually ordered to quarantine, or are denied boarding due to a suspected illness.
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