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Allianz hires new CEO for InsurTech unit

German insurance giant Allianz has hired a new CEO for its InsurTech incubator Allianz X. Peter Borchers will join the firm from Deutsche Telekom, where he founded the company’s hub:raum incubator.

Allianz picks up stake in Simplesurance

Berlin-based fintech startup Simplesurance has won German insurance group Allianz as new investor.
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