Amazon.com Inc. is launching a home insurance portal in Britain and has signed up three big-name insurers as it pushes further into financial services across the globe. Ageas UK, Co-op, and LV= General Insurance, a unit of German insurer Allianz, …
Canadian fintech company Ratehub Inc. has launched a property/casualty (P/C) brokerage called RH Insurance. Toronto-based Ratehub, which operates the financial product comparison site Ratehub.ca, said the launch brings the company one step closer towards achieving its goal of “being Canada’s …
Auto insurance comparison site Jerry has raised $28 million in new financing. The startup, which operates as a licensed insurance broker, plans to use the money to scale its signature product and pursue hiring, so it can expand into additional …
SoftBank Group Corp. is in talks to back leading online insurance aggregator PolicyBazaar at a valuation of at least $800 million, according to people familiar with the matter. The two sides are examining how the Japanese company can take a …
Independent insurance agents are accustomed to competition but many are watching with heightened interest the entry of one new competitor in particular, Google Compare. Bill Wilson, director of the Virtual University at the Big “I” (Independent Insurance Agents & Brokers …
Comparenow.com, an insurance price comparison website in the U.S., will now operate as compare.com, simplifying its name to better align with its services. The company, which has operated as comparenow.com since it launched in March 2013, felt its recent success …
White Mountains Insurance Group Ltd. purchased a majority stake in Tranzact for $178 million as the insurer renews its bet on policy sales through the Internet. White Mountains acquired 63 percent of Tranzact, which operates DirectHealth.com, the online insurance comparison …
