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Business Moves: Insurtech wefox to Sell Italian Businesses to PE Firm J.C. Flowers
May 14 2025 // German Insurtech wefox has agreed to sell its Italian businesses, wefox MGA S.r.l. and wefox Services Italy S.r.l., to U.S. private equity firm J.C. Flowers & Co.Financial details of the deal were not disclosed....
As Execs Eye AI for Fraud Detection, Deloitte Predicts Billions in Savings
May 14 2025 // With a growing share of insurance executives viewing generative artificial intelligence as a tool for streamlining and improving functions like fraud detection, Deloitte predicts that AI technologies could save the...
State AI Regulation Ban Tucked Into Republican Tax, Fiscal Bill
May 14 2025 // A powerful House committee has tucked language preventing states from regulating artificial intelligence into President Donald Trump’s massive tax and spending bill, a move that would benefit many of the US’s...
Former XL CEO McGavick Returns to Insurance With AI Firm Mea Platform
May 13 2025 // Mike McGavick is returning to the insurance world as a strategic advisor and board chairman of Mea Platform, an artificial intelligence firm focusing on transactions and operations for carriers, managing general agents,...
Carrier Management announces agenda and speakers for its 2025 InsurTech Summit
May 12 2025 // San Diego, CA. May 12, 2025 — Today, Carrier Management announced the agenda and speakers for The InsurTech Summit 2025. The event is designed for: carrier executives, entrepreneurs and investors, insurance...
Britain to Face More Cyberattacks as AI Adoption Grows, Minister Says
May 7 2025 // The growth of AI will increase the number and sophistication of cyberattacks on Britain, senior minister Pat McFadden said on Wednesday.British companies, public bodies and institutions have been hit by a wave of...
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