Online insurance brokerage startup Coverfox has raised US$22 million in its series C round of funding led by World Bank's investment arm International Finance Corporation (IFC).
US-headquartered professional services company Cognizant and a consortium of leading Indian life insurers have developed a blockchain solution to facilitate cross-company datasharing. This will enable the insurers to reduce the risk of...
China's second-biggest e-commerce company, JD.com, will invest CNY537 million (US$85 million) in Allianz China General Insurance, taking a 33% stake and becoming its second largest shareholder, according to an announcement published by the...
Allianz X, the digital investment unit of the Allianz Group, yesterday announced US$35 million investment in GO-JEK, the leading Indonesian ride hailing platform that also offers various consumer on-demand and payment services.
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