THE MONTH THAT WAS
NET-ZERO THE TARGET FOR LEADING INSURER ALLIANZ
New net-zero initiatives , capital investment and continued AI implementation cap off the month that was ...
INSURTECH OPENLY RAISES US $ 100M IN SERIES D FUNDING
ALLIANZ WANTS TO ‘ LEAD BY EXAMPLE ’ WITH NEW NET-ZERO TARGETS
Insurance giant Allianz plans to reach net-zero emissions in its investment and P & C underwriting portfolios by 2050 , the company has announced .
As part of the commitment , the insurance company will increasingly target renewable and low-carbon energy , technologies that assist with the green transition , and sustainable mobility .
Premium homeowners insurance provider Openly has raised US $ 100m in a Series D funding round led by Eden Global Partners . Per the transaction , Eden Global Partner ’ s CEO David Dwek has joined Openly ’ s Board of Directors .
The funding comes as Openly bids to transform the homeowners ’ insurance journey with its comprehensive service and strong customer service , made possible through its proprietary technology platform .
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