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Alacrity Solutions, a US insurance services provider specialising in complex and catastrophe claims, has launched a UK presence at Lloyd’s of London to support insurers placing US risks through the market.
Auto Insurance

Alacrity launches Lloyd’s base to handle US claims

Chaucer, a global specialty (re)insurer, and maritime technology firm Ceto AI have launched a new marine Managing General Agent operating as a Lloyd’s coverholder.
Company News

Chaucer backs Ceto marine MGA with TMK capacity

Shepherd, an AI-native commercial insurance platform, has raised $42m in a Series B round led by Intact Private Capital, bringing total funding to $67m.
Commercial/Enterprise Insurance

Shepherd raises $42m to scale AI underwriting platform

Artificial intelligence may dominate the current conversation around insurance technology, but the story of InsurTech itself has followed a different trajectory. A decade ago, the sector was defined by the promise of disruption. Venture capital flowed into startups promising to rebuild insurance from the ground up. This swell of momentum saw surged to record levels, peaking at more than $15bn globally in 2021, according to CB Insights.
Company News

The next phase of InsurTech: From disruption to durability

Artificial intelligence is already transforming how lenders analyse risk, price products, and make credit decisions. Yet for many institutions, the real challenge is no longer adopting the technology. It is maintaining control over the pace and scope of the changes AI introduces.
Company News

AI and the future of consumer lending: what lenders need to...

WTW, a global insurance advisory and broking group, has been selected by digital MGA Thimble to deploy Radar Live to modernise and scale its commercial lines pricing capabilities.
Commercial/Enterprise Insurance

Thimble selects WTW Radar Live to scale pricing

MyChoice, a Canadian InsurTech focused on improving submission quality for insurers, has joined the Insurtech Vanguards programme run by Guidewire.
Company News

MyChoice enters Guidewire’s Insurtech Vanguards community

Health In Tech, an AI-enabled InsurTech platform listed on Nasdaq, has partnered with software engineering firm Ciklum to expand the capabilities of its stop-loss health insurance marketplace.
Company News

Health In Tech taps Ciklum to enhance AI insurance marketplace

The headlines arrive faster than anyone can process them. Missile strikes. Warnings of retaliation. Oil markets jolt as tensions rise around the Strait of Hormuz. Governments scramble to evacuate citizens. Across television studios and diplomatic corridors, the same uneasy question returns: when will this conflict stop?
Company News

What the US-Iran conflict reveals about global insurance risk

Many customers are familiar with the frustration of contacting a bank or insurer, only to be met with automated systems that fail to understand their needs. Long wait times and generic responses often add to the problem, rather than resolving it.
Company News

How AI is transforming call centres in banking and insurance

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