Insurance industry news from Blink Parametric, Brownyard Group, Beazley and more. (Photo: Shutterstock)

Blink Parametric has struck a deal which will see one of its flagship parametric products embedded across all Salaam Takaful Limited travel insurance policies. Recognized as one of the leading Takaful operators in Pakistan, Salaam Takaful Limited provides retail, travel and commercial insurance products and has built extensive partnerships with overseas Re-Takaful operators and assistance companies, enabling it to offer comprehensive coverage for large infrastructure projects and specialized risks. Its coverage is specially tailored for Islamic banking operators as well as for large corporate groups under Shariah guidelines.

Keystone Agency Partners partnered with Cartier Agency, an independent insurance agency serving the personal, commercial, life and health insurance needs of customers in Minnesota. Cartier Agency marks the 16th Platform Partner in KAP's growing network of independent agencies and the 48th transaction since its founding in 2020. Financial terms of the majority stake transaction were not disclosed.