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San Francisco-based InsurTech startup FurtherAI, which develops AI-powered assistants for the commercial insurance sector, has raised $5m in a funding round led by Nexus Venture Partners.
Company News

AI-driven InsurTech FurtherAI secures $5m to expand into UK market

Assurant, a leading global protection company specialising in safeguarding connected devices, homes, and automobiles, has launched Assurant Vehicle Care Technology Plus, a market-leading vehicle service contract (VSC).
Auto Insurance

Assurant launches Vehicle Care Technology Plus for comprehensive protection

HLPartnership (HLP), one of the UK’s leading mortgage networks, has announced an expansion of its General Insurance (GI) panel.
Company News

UK mortgage network HLPartnership adds three insurance providers to its GI...

London-based Icen Risk, a specialist in M&A insurance, has received a significant minority investment from Zurich, a leading global insurer.
Company News

Icen Risk gains Zurich backing to accelerate growth in M&A insurance...

MAPFRE, a global insurance giant, has named Carlos Díaz Gridilla as the new general manager of its real estate subsidiary, MAPFRE Inmuebles.
Company News

MAPFRE Inmuebles welcomes new general manager amid expansion plans

Monzo, a leading UK-based digital bank known for its customer-centric financial services, has announced the launch a new product designed to provide renters and homeowners with a seamless way to protect their belongings.
Company News

Monzo launches Contents Insurance to offer seamless protection for renters and...

Allianz Partners UK, a global provider of roadside assistance and insurance solutions, has been reappointed as Volvo Car UK’s roadside assistance provider for another three years.
Auto Insurance

Allianz Partners UK extends roadside assistance partnership with Volvo Car UK

Data migration is a major challenge for insurance firms, often leading to cost overruns and delays. According to Gartner, 83% of data migration projects either fail or exceed budgets and timelines. This poses significant risks for insurers, including compliance issues, operational disruptions, and financial losses. However, ChainThat offers a smarter approach. Its insurance-specific policy lifecycle migration framework is designed for agility, reliability, and security.
Company News

Why insurers are turning to ChainThat for efficient policy lifecycle migration

Novidea, an InsurTech firm specialising in cloud-based insurance management solutions, has appointed Oren Leshem as vice president of sales for the Asia-Pacific (APAC) and Middle East & North Africa (MENA) regions.
Company News

Novidea appoints Oren Leshem as VP of sales for APAC and...

Managing general agents (MGAs) have become vital intermediaries in the insurance industry, offering specialised products that traditional insurers may shy away from due to complexity or niche demand. They bridge the gap between insurers and policyholders, focusing on hard-to-place risks and providing tailored solutions that would otherwise be difficult to obtain. Earnix, a firm which works alongside some of the world's largest insurers, delves into the growing role of MGAs in the market. 
Company News

The growing role of MGAs in the insurance market

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