Monthly Archive: September 2018

Nestle To Sell Gerber Life Insurance To Western & Southern Financial Group

Nestle today announced that it agreed to sell the Gerber Life Insurance Company, to Western& Southern Financial G roup for USD 1.55 billion in cash. The transaction does not include Nestle’s Gerber Products business, a household brand in baby food and baby care, which Nestle will continue to develop. Nestle CEO Mark Schneider said: “We are delighted to have found an…

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Amazon will file for insurance licence

Internet giant gets ready to target first international market with both general and life cover. Are we next?

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InsurTechs, Ecosystems, and Consolidation

InsurTech has emerged over the past 10 years; with a rapid acceleration in the last 3 years. One feature has been a ‘no-holds-barred’ approach, where insurers, brokers, InsurTechs and others seek new insights and...