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Octave Specialty narrows Q2 loss as Everspan ratio plunges and distribution revenue soars 51%
Insurance

Octave Specialty narrows Q2 loss as Everspan ratio plunges and distribution revenue soars 51%

Revenue jumps 51% to $83M, while Everspan's combined ratio improves over 600 bps. The company also launched an AI-driven...

Tamar Rosen Aug 08 👁 29 💬 0
Mapfre Takes 38.9% Stake in Insurtech Tuio to Expand AI-Driven Distribution
Insurance

Mapfre Takes 38.9% Stake in Insurtech Tuio to Expand AI-Driven Distribution

Spanish insurance giant Mapfre acquires a significant minority stake in Tuio, betting on the startup's AI agents to mode...

Tamar Rosen Jul 30 👁 63 💬 0
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