Nigerian insurtech startup Curacel, an AI-powered platform for claims processing and fraud management in Africa, has secured US$450,000 in pre-seed funding to accelerate product development and expansion across the continent.
Utmost Group is set to acquire Quilter International from Quilter plc for £483m ($665m). Quilter International will become part of Utmost International, the international life assurance business of Utmost Group.
Chicago-based Aclaimant, an insight-driven workflow platform for safety and risk management, has raised $15 million in Series B equity and debt funding led by Next Coast Ventures.
IT firm HTC Global Services has joined Willis Towers Watson’s (WTW) Radar Live Collaboration programme to improve insurers’ operational efficiency and speed to market. Radar Live is a delivery and decision engine platform tailored to both P&C and life insurance markets.
Getsafe and Hiscox have parted ways just over a year after the German MGA partnered with the provider to enter the UK market. Since the launch, Getsafe has moved on to Wakam, a carrier from France.
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