SelectQuote Inc. faces a DOJ whistleblower lawsuit over Medicare Advantage sales practices, triggering stock declines and investor class-action suits. Key updates on regulatory compliance and market impact.
Zain Group and Boubyan Takaful launch Kuwait’s first fully digital motor insurance app, enabling instant quotes, purchases, and claims management to enhance customer experience and support Kuwait Vision 2035.
Hong Kong's Bowtie, the first virtual insurer, relocates to a new headquarters with hybrid workspaces, a customer service center, and a branded coffee shop, signaling growth and innovation in the digital insurance market.
India's insurance sector experiences slowed premium growth and persistent underwriting losses amid efforts to increase insurance penetration and digital innovation. Regulatory reforms and Gujarat's GIFT City expansion offer growth opportunities.
Jerry’s AllCar app leads PYMNTS October 2025 insurance app rankings, reflecting consumer shifts amid rising auto insurance costs. Liberty Mutual and Lemonade also gain.
Explore the rapid expansion of the global unit linked insurance market driven by innovation, digital platforms, and evolving consumer demand for combined protection and investment products.
Lemonade's Q3 2025 earnings beat revenue expectations with 42.4% growth, driven by AI automation, auto insurance cross-selling, and operational efficiency. Positive outlook for EBITDA by Q4 2026.
Volvo Car Financial Services launches Volvo Car Insurance Services in the U.S., offering tailored policies with potential OEM parts coverage through leading insurers like Nationwide and Progressive. The agency integrates digital tools for seamless quoting and personalized support.
Wealth Express introduces term life insurance with guaranteed rates and no medical exams, eliminating hidden fees common in digital platforms. Transparent pricing restores consumer trust.
Shory partners with Wio Bank to offer embedded car insurance in the Wio Personal app, enabling monthly installment payments and enhancing insurance accessibility in the UAE market.
