Turkiye: New market players expand traffic insurance capacity

Published on October 15, 2025
The supply problem in compulsory motor third-party liability insurance, also called traffic insurance, has been largely overcome, according to Mr Ahmet Yasar, president of Maher Holding Insurance
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Xceedance receives growth investment from Portage Capital Solutions

October 14, 2025
Xceedance, a global provider of technology-driven business solutions for the insurance industry, has received a growth investment from Portage Capital Solutions, an investor focused on financial technology.With this latest investment, which gives Portage a minority equity stake, Xceedance’s total raised capital, across equity and debt, stands at approximately $100 million.The capital will be used

Allianz UK appoints Mansoor Reehana as Head of AI

October 15, 2025
Allianz UK, part of the financial services group Allianz SE, has appointed Mansoor Reehana to the newly created role of Head of Artificial Intelligence (AI), to lead the strategic growth of AI initiatives.In his new role, Reehana will drive strategy, architecture, and product delivery of AI projects within the central data team, aligning cutting-edge technologies with Allianz’s business goals.Addi