Insurtech firm backed by Warren Buffett enters UK

A South African company that has teamed up with one of Warren Buffett’s businesses is unveiling a specialist insurance product in the UK. Insurtech firm AllLife is launching a life insurance product for diabetics, partnering with Royal London and Gen Re, part of Buffett’s Berkshire Hathaway group. Royal London will underwrite the policies, which will be reinsured by Gen Re, Business Insider UK reported.