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Tomatosystem hits daily limit up on US insurer CMS approval; insurtech business enters full swing

MCP Texas Receives Final Approval with Tomatosystem Stake Medicare Partners Health Plan Texas (MCP Texas), a U.S. insurer partially owned by South Korea's Tomatosystem, has received final approval. The approval marks a significant step for the...

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Tomato System soars as U.S. partner wins CMS nod, eyes insurtech push

Tomato System's U.S. Partner Gains CMS Approval, Aims at Insurtech Expansion Tomato System is experiencing growth as its U.S. partner has received...

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Over-80s turn to annuities as rates climb

Increase in Annuity Purchases Among Over-80s Observed A growing number of individuals aged over 80 are reportedly turning to annuities as interest...

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Venezuela insurtech market moves to form trade group and join AIP network

Venezuelan Insurtech Firms Aim to Form Trade Group and Explore Regional Alliance Venezuelan insurtech companies are reportedly working towards...

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Ex-Apollo executive admits to improperly using company documents

Former Apollo Executive Admits to Misusing Company Documents Imran Siddiqui, a former executive at Apollo, has acknowledged improper use of company...

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3 min read

FOCUS Names Mark Phillips Senior Vice Presidentof Business Development

Eighteen-year carrier and insurance-services leader joins the AI-enabled operations partner as carriers and MGAs reset how underwriting, service, and...

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Insurtech company Luzern Risk raises $45m in Series B round

Luzern Risk Secures $45 Million in Series B Funding Luzern Risk, a captive insurance manager based in the United States, has completed a Series B...

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Prince William’s Climate Hunt: African Insurtech Pula Named a £1m Earthshot Finalist

Pula Named Finalist for Prince William's Earthshot Prize African insurtech company Pula has been named a finalist for the Earthshot Prize, a...

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The real risk of private credit’s involvement in the annuity business

Liquidity Risks in Private Credit's Role in Annuities Concerns have been raised about liquidity and the ability to meet long-term commitments in the...

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How money moved across Mark Walter’s empire

Financial Flows at Mark Walter's Empire Raise Questions Recent reports have suggested questions surrounding the financial movements within Mark...

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