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Asian insurance firm CXA Group raises $25m funding

Singapore based insurtech startup CXA Group has secured $25 million in a funding round led by HSBC, Singtel Innov8, Telkom Indonesia MDI Ventures, Sumitomo...

Intesa Sanpaolo invests in digital insurance startup Yolo

Intesa Sanpaolo Group has invested in Italian digital insurance services and brokerage group Yolo through Neva Finventures, the firm’s corporate venture capital company. The insurtech platform...

PNC, IBM team up with health insurers on blockchain project

PNC Bank and IBM Corp have teamed up with a group of health insurers including CVS Health Corp’s Aetna to create a blockchain network...