Cardif

Igloo closes US$36M Pre-Series C fundraise with 50% valuation increase

Retrieved on: 
Wednesday, December 6, 2023

Matthieu Baret, Managing Partner - Venture at Eurazeo shared: "We are thrilled to invest in Igloo with the insurer BNP Paribas Cardif.

Key Points: 
  • Matthieu Baret, Managing Partner - Venture at Eurazeo shared: "We are thrilled to invest in Igloo with the insurer BNP Paribas Cardif.
  • "We have been following Igloo for some time now and have been impressed with their evolution into a diversified insurance platform across channels and products.
  • This latest round comes just 10 months after Igloo's previous Series B+ fundraise led by BlueOrchard-managed InsuResilience Investment Fund II.
  • In 2022, it launched Ignite by Igloo, a digital platform that enhances the productivity of sales intermediaries in Vietnam and Indonesia.

SCOR announces the acquisition of 9,000,000 of its own shares upon the partial exercise of the call option granted by Covéa in 2021, and the subsequent sale of these shares to BNP Paribas Cardif

Retrieved on: 
Wednesday, October 4, 2023

SCOR announces the acquisition of 9,000,000 of its own shares upon the partial exercise of the call option granted by Covéa in 2021, and the subsequent sale of these shares to BNP Paribas Cardif

Key Points: 
  • SCOR announces the acquisition of 9,000,000 of its own shares upon the partial exercise of the call option granted by Covéa in 2021, and the subsequent sale of these shares to BNP Paribas Cardif
    Under the June 2021 settlement agreement entered into between SCOR and Covéa in the presence of the Autorité de Contrôle Prudentiel et de Résolution, Covéa granted SCOR a binding and irrevocable call option on its full stake in SCOR – representing 8.8% of the share capital1 – at a price of EUR 28 per share.
  • The board of directors of SCOR authorized today the partial exercise of this call option for the purchase of 9,000,000 SCOR shares held by Covéa, representing 5.01% of SCOR’s share capital1.
  • Once delivered by Covéa to SCOR, the shares will be sold to BNP Paribas Cardif through an over-the-counter transaction.
  • These transactions aim to normalise SCOR’s shareholding.

Tech Training Pioneer Appoints Proven Exec as President

Retrieved on: 
Monday, August 7, 2023

NEW YORK, Aug. 7, 2023 /PRNewswire/ -- Today, global professional talent solutions leader, LHH, announced the appointment of Daniele Grassi as President of General Assembly, the organization's tech talent development arm. Grassi will lead the continued evolution of the Company that pioneered the coding bootcamp, and now serves major companies including Adobe, Disney, Booz Allen Hamilton, BNP Paribas Cardif, Guardian, L'Oreal, and Microsoft.

Key Points: 
  • A native of Italy, Daniele Grassi joins General Assembly from global training provider Ironhack, where he led the company's expansion into B2B as President and Chief Business Officer.
  • With LHH's world-class workforce insights and General Assembly's talent building expertise, we are set to create the next generation of tech talent," said Grassi.
  • "Daniele's vision builds on his track record of success with emerging talent strategies and a deep understanding of the evolving tech landscape.
  • We are thrilled to welcome him as the company's new President and look forward to working with him to realize this vision."

Coursera Reports Second Quarter 2023 Financial Results

Retrieved on: 
Thursday, July 27, 2023

Coursera, Inc. (NYSE: COUR) today announced financial results for its second quarter ended June 30, 2023.

Key Points: 
  • Coursera, Inc. (NYSE: COUR) today announced financial results for its second quarter ended June 30, 2023.
  • “Our strong second quarter results and improved 2023 outlook reflect the differentiated value of our branded, job-relevant credentials to learners and institutions around the world,” said Ken Hahn, Coursera’s CFO.
  • We have provided a reconciliation of GAAP to non-GAAP financial measures in the financial statement tables for our historical non-GAAP financial results included in this press release.
  • As previously announced, Coursera will hold a conference call to discuss its second quarter 2023 performance today, July 27, 2023, at 2:00 p.m. Pacific Time (5:00 p.m. Eastern Time).

Intermap’s Insurance Software Enhances BNP Paribas Cardif's Underwriting

Retrieved on: 
Monday, June 12, 2023

This upgrade provides BNP Paribas Cardif with access to Intermap’s latest generation of data and analytics through a subscription to its cloud-based Aquarius insurance risk analytics software.

Key Points: 
  • This upgrade provides BNP Paribas Cardif with access to Intermap’s latest generation of data and analytics through a subscription to its cloud-based Aquarius insurance risk analytics software.
  • Aquarius enables insurance companies to improve underwriting precision, conduct accurate risk assessments across portfolios and expand into new areas of insurance underwriting.
  • The new subscription also provides BNP Paribas Cardif with Intermap’s newest flood hazard maps, alongside a range of upgraded tools and datasets to inform its underwriting process.
  • “Our cutting-edge flood risk data and analytics enable global companies like BNP Paribas Cardif to make informed decisions and provide accurate portfolio evaluations for clients.

Global Pet Insurance Market Report 2023-2027 & 2032 Featuring Trupanion, Deutsche Familienversicherung,; Petplan, Animal Friends Insurance Services, & Figo Pet Insurance Among Others

Retrieved on: 
Tuesday, May 2, 2023

DUBLIN, May 2, 2023 /PRNewswire/ -- The "Pet Insurance Global Market Report 2023" report has been added to ResearchAndMarkets.com's offering.

Key Points: 
  • DUBLIN, May 2, 2023 /PRNewswire/ -- The "Pet Insurance Global Market Report 2023" report has been added to ResearchAndMarkets.com's offering.
  • Advancements and awareness in pet insurance has been a major trend in this market.
  • The regions covered in the pet insurance market report are Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East and Africa.
  • The increasing number of pet adoption is expected to continue during the forecast period driving pet insurance market.

BNP Paribas Cardif and Lemonade Join Forces to Offer 100% Online Renters Insurance

Retrieved on: 
Tuesday, February 14, 2023

To meet the expectations of customers, in particular younger generations, BNP Paribas Cardif is partnering with Lemonade to offer renters insurance.

Key Points: 
  • To meet the expectations of customers, in particular younger generations, BNP Paribas Cardif is partnering with Lemonade to offer renters insurance.
  • This B2C offer allows a simple and fluid client experience thanks to a 100% online policy subscription and claims submission process - all within seconds - on any device.
  • Renters can buy an insurance policy online at cardif.fr or lemonade.com/fr and through the Lemonade app.
  • Risks are covered by both BNP Paribas Cardif and Lemonade, who act as co-insurers for this offer.

Pinnacle Pet Group Welcomes C&F Pet Insurance UK

Retrieved on: 
Monday, October 31, 2022

Pinnacle Pet Group (PPG), a pan-European, fully integrated pet insurance & health services platform whose controlling shareholder is JAB Holding Company, today announced the completion of the acquisition of the United Kingdom operations of Crum & Forster Pet Insurance Group (C&F Pet), which includes Pet Protect, a Managing General Agent (MGA) pet insurance specialist with approximately 70,000 customers and 40 years experience offering flexible and affordable coverage for dogs and cats, and VioVet, a pet e-commerce and e-pharmacy company supplying pet products.

Key Points: 
  • Pinnacle Pet Group (PPG), a pan-European, fully integrated pet insurance & health services platform whose controlling shareholder is JAB Holding Company, today announced the completion of the acquisition of the United Kingdom operations of Crum & Forster Pet Insurance Group (C&F Pet), which includes Pet Protect, a Managing General Agent (MGA) pet insurance specialist with approximately 70,000 customers and 40 years experience offering flexible and affordable coverage for dogs and cats, and VioVet, a pet e-commerce and e-pharmacy company supplying pet products.
  • Pinnacle Pet Group was formed in 2021 and has been growing rapidly, including the two recently announced acquisitions of AGILA Pet Insurance and Veterfinas European Pet Insurance Business.
  • We would like to welcome Caroline Coleman, the Managing Director of Pet Protect and Mike Thornhill, the Managing Director of VioVet to the PPG family and are pleased to welcome a team and portfolio of brands that will advance our mission to build a pet insurance and health services platform comprising of pet insurance, pet ecommerce and epharmacy offerings, as we meet the evolving needs of pets and pet parents, said Dirk Beeckman, CEO of JABs pet insurance portfolio.
  • Pinnacle Pet Group (PPG or the Group) is a pan-European, fully integrated pet insurance & health services platform whose controlling shareholder is JAB Holding Company.

B2B2C Insurance Industry to Surpass $4.4 Billion by 2026 - Major Companies Focusing on Launching Innovative Programs to Create Solutions by Leveraging New-Age Technologies - ResearchAndMarkets.com

Retrieved on: 
Tuesday, July 12, 2022

The expansion of the automobile industry is expected to propel the growth of the B2B2C insurance market in the coming years.

Key Points: 
  • The expansion of the automobile industry is expected to propel the growth of the B2B2C insurance market in the coming years.
  • The launch of innovative programs to expand the insurance industry is shaping the B2B2C insurance market.
  • Major companies operating in the B2B2C insurance sector are focusing on launching innovative programs to create solutions by leveraging new-age technologies.
  • It compares the B2B2C insurance market with other segments of the B2B2C insurance market by size and growth, historic and forecast.

Cathay Innovation Launches €1B Global Venture Capital Fund to Support the Transformation of Industries & Society

Retrieved on: 
Tuesday, July 12, 2022

Cathay Innovation today announced the launch of its third venture capital fund, a 1B global fund investing in startups accelerating the sustainable transformation of industries and society.

Key Points: 
  • Cathay Innovation today announced the launch of its third venture capital fund, a 1B global fund investing in startups accelerating the sustainable transformation of industries and society.
  • Were committed to helping create the economy of tomorrow while having a positive impact on society, said Mingpo Cai, Founder and Chairman of Cathay Capital and Cathay Innovation.
  • Cathay Innovation is a global venture capital partnership, created in affiliation with Cathay Capital, investing in startups at the center of the digital revolution across North America, Latin America, Europe, Asia and Africa.
  • Cathay Capital Group is a global investment firm supporting companies at all stages throughout North America, Asia, Europe and Africa.