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UK-based MNK Group has completed the acquisition of 100% of ETU Forsikring, a Danish non-life insurer.
The deal, the transaction value of which was not revealed, marks MNK Group’s first risk carrier domiciled in the EU.
The acquisition of the insurer, which is headquartered in Rødekro in Southern Jutland, followed approval from the Danish Financial Supervi...
A GlobalData survey found that insurers face a significant trust challenge as they expand the use of AI, particularly when the technology is involved in decisions that directly affect customers. While AI offers opportunities to improve efficiency across the insurance value chain, transparency and appropriate safeguards will be crucial to encourage customer acceptance.
...Truepic has partnered with ISB Global Services, a Canadian provider of insurance data, technology and investigative solutions, to introduce “authenticated” photo and video inspections through the ISB Portal.
The integration allows Canadian insurers to order authenticated visual evidence directly through the ISB Portal to support claims decisions.
Under the...
AXA has entered into a partnership with US technology company Publicis Sapient to support the next phase of its AI transformation.
The French insurer said the arrangement centres on the continued buildout of its Global AI Hub, which is designed to scale AI agents across the group’s operations.
Publicis Sapient supplies enterprise AI platforms and services....
Specialist insurance intermediary PIB Group has finalised its purchase of Romanian corporate insurance broker SC CND International Insurance Broker SRL (CND).
CND was founded in 2002 by Magda Gales.
The business has operated in Romania’s corporate insurance market for more than two decades, serving clients across a range of industries and developing streng...