Browsing: US market

German insurance giant ERGO Group has acquired Israeli-founded NEXT Insurance in a $2.6 billion all-cash deal, marking ERGO’s entry into the US insurance market.

ManyPets, a pet insurance startup, is withdrawing from the US market to concentrate on the UK. Odie Pet Insurance will provide ongoing coverage to ManyPets’ existing US customers.

The Lloyd’s Market Association (LMA) is increasing its direct engagement with the US insurance market to build on Lloyd’s existing substantial presence in North America.

The United States life insurance market is expected to experience substantial expansion, driven by changing consumer needs and technological advancements. This report provides an overview of market dynamics, including key trends, challenges, regional analysis, and a forecast for the coming years.