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Top News In Insurtech Acceleration Program Today - Breaking & Trending Today

Wipro: Wipro acquires US insurtech firm Aggne Global for $66 million

Wipro will acquire 60% of the company in an all-cash deal, with an option to purchase the remaining stake over a period of time, as per a stock exchange filing. Revenues of the Aggne Group are $4.5 million for calendar year 2021, $9.1 million for 2022, and $17.9 million 2023. ....

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Risk-based capital framework will lead to efficient capital utilisation for insurers: IRDAI chief

The regulator has asked insurance companies to focus on developing products and solutions for new-age, tech-savvy customers. ....

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Luma names Gabriel Stoll head, business development and sales, Switzerland

Luma Financial Technologies (“Luma”), an award-winning independent multi-issuer structured products and alternatives platform, has appointed Gabriel Stoll as Head of Business Development and Sales for Switzerland. ....

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Mass Fintech Hub adds members

Today, the Mass Fintech Hub, a public-private partnership dedicated to making the state a global leader in fintech, announced expansion of its membership, adding four new organizations. ....

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Ripple to acquire Standard Custody

Ripple has agreed to acquire Standard Custody & Trust Company, an enterprise-grade regulated platform for digital assets. ....

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