Category Archives: Insurance

Insurance Press Releases & News distributed via EuropaWire

SABIO GROUP TAKES IT’S ‘DISRUPT’ CX PROGRAMME ACROSS EUROPE

(IN BRIEF) Sabio Group announced that its highly regarded “Disrupt” digital customer experience transformation programme is expanding across Europe in 2025, now reaching three major cities: Madrid, London, and Paris. This expansion comes as the CX industry faces rapid AI … Read the full press release

Prudential and Vama Forge New Health Insurance Venture to Propel India’s ‘Insurance for All’ Ambitions

(IN BRIEF) Prudential plc has announced a joint venture with Vama Sundari Investments (Delhi) Private Limited to establish a standalone health insurance business in India. Under the new arrangement, Prudential Group Holdings Limited will hold a 70% stake, while Vama … Read the full press release

Commission Report Urges State Vocational Rehabilitation and Corporate Transparency for Healthier Working Lives

  (IN BRIEF) The final report from the Commission for Healthier Working Lives, set up by the Health Foundation, has been released after a nine-month study. Aviva was actively involved in the process, providing evidence on maintaining employee health and … Read the full press release

Aviva Study Reveals Critical Gaps in UK Women’s Ovarian Cancer Awareness, Urges Early Detection

  (IN BRIEF) Aviva’s recent research, conducted during Ovarian Cancer Awareness Month, reveals significant gaps in the knowledge of ovarian cancer symptoms among UK women. The study found that 62% of women overall, and 73% of those over 55, feel … Read the full press release

VIG Bolsters Polish Market Dominance with Strategic Investment in Leading Financial Broker

(IN BRIEF) Vienna Insurance Group is strengthening its market position in Poland through a strategic investment in Phinance, a leading financial broker with an extensive network of customers and consultants. This move comes on the heels of the 2024 merger … Read the full press release

Prudence Foundation Unveils D-Tech Awards and AVPN Alliance to Accelerate Climate & Health Innovation

(IN BRIEF) Prudence Foundation, the community investment arm of Prudential plc, has announced the return of the SAFE STEPS Disaster Tech Awards for 2025. The awards, which feature two tracks—“Climate & Health” and “Smart Resilience”—will be held on 11 June … Read the full press release

Aegon Unveils Transformative Community Investment Initiative in Bermuda

(IN BRIEF) Aegon has unveiled a new community investment program in Bermuda through a partnership with local organizations. The initiative is geared toward reinforcing the local economy by funding projects that improve education, infrastructure, and job creation. Beyond just capital … Read the full press release

MAPFRE RE Partners with CyberCube to Boost Cyber Risk Management Capabilities

(IN BRIEF) MAPFRE RE has signed a three-year licensing deal with CyberCube to integrate its advanced cyber risk management tools, including a cyber accumulation solution, into its operations. This strategic partnership aims to enhance MAPFRE RE’s ability to assess and … Read the full press release

Rothesay Commits £150m to Boost UK Social Housing Retrofit with NWF and THFC

(IN BRIEF) Rothesay has committed £150m to a new unsecured debt facility for social housing retrofitting, launched by the National Wealth Fund (NWF) and The Housing Finance Corporation (THFC). The facility, with an initial £150m guarantee from the NWF, enables … Read the full press release

Barclays UK Appoints Jatin Patel to Lead Mortgages, Savings, and Insurance Business

(IN BRIEF) Barclays UK has appointed Jatin Patel to lead its mortgages, savings, and insurance division. Jatin brings over 20 years of experience in retail financial services, having held leadership positions at organizations like TSB Bank and Lloyds. He succeeds … Read the full press release

Prudential Joins Forces with MDRT in Strategic Three-Year Sponsorship to Empower Agents and Drive Agency Growth

(IN BRIEF) Prudential has announced a three-year premier sponsorship with the Million Dollar Round Table (MDRT) to support the professional growth of its agents. This collaboration will provide access to exclusive resources, bespoke development opportunities, and the launch of the … Read the full press release

Vienna Insurance Group Study Highlights Risk Awareness Gaps Among Young People and Pushes for Improved Education

(IN BRIEF) A study commissioned by Vienna Insurance Group (VIG) reveals significant gaps in risk awareness among young people aged 18-29, who are more prone to taking risks without fully understanding their potential consequences. The study, conducted across nine countries, … Read the full press release

MAPFRE RE Reshapes Organization with Key Appointments to Strengthen Life Business and Regional Operations

(IN BRIEF) MAPFRE RE has restructured its organization to focus on enhancing its Life business and strengthening its market presence. The restructuring includes key leadership changes, such as the appointment of Javier San Basilio as general manager, Carmen Bueso overseeing … Read the full press release

CNP Assurances Receives Prestigious MSCI ESG AAA Rating for Sustainability Efforts

(IN BRIEF) CNP Assurances has been upgraded to an MSCI ESG AAA rating, securing a 9.7/10 score and ranking 5th globally in the “Life and Health Insurance” category. The company’s commitment to sustainability is central to its operations, with a … Read the full press release

Naked Receives USD 4 Million Investment from DEG to Expand South Africa’s Digital Insurance Landscape

(IN BRIEF) Naked, South Africa’s fully digital insurance platform, has secured a USD 4 million equity investment from DEG to further its growth by enhancing automation, expanding its product offerings, and attracting more customers through targeted advertising. This is part … Read the full press release

MAPFRE Strengthens Presence in Asset Management Sector with Appointment of Alberto Matellán as General Manager of La Financière Responsable

(IN BRIEF) MAPFRE has appointed Alberto Matellán as the general manager of La Financière Responsable (LFR), a move that aligns with its strategy to enhance its asset management footprint. The appointment will help implement LFR’s new Strategic Plan, which focuses … Read the full press release

Allianz Halts Income Insurance Acquisition Plan Amid Singapore’s Regulatory Concerns, Reaffirms Commitment to Asia-Pacific Growth

(IN BRIEF) Allianz has withdrawn its offer to acquire a majority stake in Income Insurance Limited following regulatory concerns raised by the Singapore Government and amendments to the Insurance Act. The offer, announced in July 2024, was intended to secure … Read the full press release

Swiss Re Reports 2024 Insured Losses from Natural Catastrophes Exceeding USD 135 Billion

(IN BRIEF) Global insured losses from natural catastrophes in 2024 are projected to exceed USD 135 billion, marking the fifth consecutive year such losses have surpassed USD 100 billion, according to Swiss Re Institute. Hurricanes Helene and Milton caused nearly … Read the full press release

Zurich Highlights Rising Climate and AI Risks in G20 Business Survey by WEF

(IN BRIEF) Zurich Insurance Group, a strategic partner of the World Economic Forum, has contributed to the Executive Opinion Survey, which highlights top risks for G20 business leaders. Economic challenges such as downturns, labor shortages, and inflation remain dominant concerns, … Read the full press release

Sampo Donates €50,000 to Finnish Red Cross Disaster Relief Fund

(IN BRIEF) Sampo plc has donated €50,000 to the Finnish Red Cross Disaster Relief Fund to support global humanitarian aid for those affected by natural disasters and conflicts. The fund provides essentials like food, water, shelter, and field hospitals, while … Read the full press release