China to Tighten Supervision of Country’s Booming On-line Insurance policies Organization | Investing Information

Amber

BEIJING (Reuters) – China’s banking and insurance coverage regulator issued draft policies on Monday to rein in threats gathered in country’s booming on the net insurance plan sector. The regulations, on which the regulator is trying to find community suggestions until Oct. 28, will ban unlicensed establishments and individuals from […]

NexPhase Funds Announces Sale of Insurance policies Technologies to Thomas H. Lee Partners

Amber

NEW YORK, Sept. 14, 2020 /PRNewswire/ — NexPhase Money, LP (“NexPhase” or the “Firm”), an operationally concentrated non-public equity business and sub-advisor to the Moelis Cash Associates (“MCP”) Chance Resources, nowadays declared that it has entered into a definitive agreement to market Insurance policies Systems, LLC (“Insurance plan Technologies” or “InsTech” […]

Merging technologies, promises & usage-based mostly insurance policies

Amber

Sensor-primarily based components is providing insurers with one more selection to seize precious data for processing statements following an accident. (Image: Syda Productions/Shutterstock) Due to the fact its introduction to the earth, insurance policy telematics technological innovation has been closely connected to the progression and adoption of utilization-based mostly insurance […]