(IN BRIEF) Admiral Group plc has completed the sale of its U.S. motor insurance business, Elephant, to private investment firm J.C. Flowers & Co., effective 31 December 2025. The transaction includes Elephant Insurance Company and Elephant Insurance Services and allows … Read the full press release
Posted in Automotive, Business, Financial, Government, Industrial, Insurance, Investment, Management, Security & Safety, United Kingdom
Tagged Admiral Group Completes Sale of U.S. Motor Insurance Business Elephant to J.C. Flowers, Admiral Group plc, Alberto Schiavon, Costantino Moretti, digital insurance platform, Elephant Insurance, Elephant Insurance Company, Elephant Insurance Services, Eric Rahe, insurance acquisition, international strategy, J.C. Flowers & Co, J.C. Flowers Acquires Elephant Insurance from Admiral Group in Strategic U.S. Deal, private investment firm, Richmond Virginia, U.S. motor insurance, UK insurance group
(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
Posted in Artificial Intelligence (AI), Banks, Business, Economy, Financial, Germany, Government, Industrial, Insurance, Investment, Management, News, Technology
Tagged advertising, AI, Alex Thomson, automation, BlueOrchard, claims processing, DEG, digital insurance platform, digitalization, economic growth, equity capital, financial inclusion, Financial Transformation, Hollard, IFC, insurance model, InsureTech, insurtech, market expansion, Monika Beck, Naked, partnership, product expansion, South Africa, sustainability, technology platform, Yellowwoods
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