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Technology

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XL Catlin unveils autonomous tech insurance

Mike McGavick, chief executive officer of XL Catlin, said: “Autonomous technologies are changing the world around us, the way companies operate and the risks they face. We recognise the new and complex risks that are emerging and, as underwriters, we know we have the expertise to develop and deliver the right insurance solutions

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IFC led investors infuse USD 22 mn in Murthy’s Coverfox

“India has one of the most underpenetrated insurance markets, with low penetration rates for women and rural populations. By investing in Coverfox, IFC is giving a push to the country’s digitization agenda by leveraging technology to deliver insurance products to customers outside metros and to women who are currently underserved,” said Jun Zhang, IFC Country Head for India

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