Company News

75% of key decision-makers in the healthcare, insurance, and financial services industries are now "comfortable" incorporating AI and automation into customer-facing strategies or communications, according to research from Customer Experience Automation™ (CXA) pioneer Ushur.

75% of business leaders are “comfortable” incorporating AI into customer-facing strategies

75% of key decision-makers in the healthcare, insurance, and financial services industries are now "comfortable" incorporating AI and automation into customer-facing strategies or communications, according to research from Customer Experience Automation™ (CXA) pioneer Ushur.
UK InsurTech companies saw their funding double in 2023 compared to the previous year, defying global trends from across the sector.

UK InsurTech funding defies global trends

UK InsurTech companies saw their funding double in 2023 compared to the previous year, defying global trends from across the sector.
Floodbase has partnered with American space tech firm Capella Space Corp. to enhance its parametric flood insurance offering.

Capella Space and Floodbase partner to enhance parametric flood insurance

Floodbase has partnered with American space tech firm Capella Space Corp. to enhance its parametric flood insurance offering.
NFP, an international insurance broking and consulting firm, has successfully acquired Advanced Insurance Consultants Limited (AIC) to expand its commercial insurance offering.

NFP acquires AIC to expand commercial insurance offering

NFP, an international insurance broking and consulting firm, has successfully acquired Advanced Insurance Consultants Limited (AIC) to expand its commercial insurance offering.
Amazon has announced the closure of its UK Insurance Store 15 months after its October 2022 launch.

Amazon slams doors on UK Insurance Store after only 15 months

Amazon has announced the closure of its UK Insurance Store 15 months after its October 2022 launch.
75% of insurance organisations will replace core insurance management platforms by 2025, according to a new global report from Novidea. 

75% of insurance organisations set to replace core insurance management platforms by 2025

75% of insurance organisations will replace core insurance management platforms by 2025, according to a new global report from Novidea. 
The Lloyd’s Market Association (LMA) has unveiled its strategic focus for 2024, highlighting the core priorities for the upcoming year.

Lloyd’s Market Association unveils core priorities for 2024

The Lloyd’s Market Association (LMA) has unveiled its strategic focus for 2024, highlighting the core priorities for the upcoming year.
Root Platform, the innovative low-code, end-to-end insurance technology platform provider, has announced a new addition to its leadership team.

Root reveals leadership appointment amid UK expansion plans

Root Platform, the innovative low-code, end-to-end insurance technology platform provider, has announced a new addition to its leadership team.
AgentSync has revealed the launch of its first commercially available ProducerSync API for carriers, MGAs, and agencies.

AgentSync launches API to streamline insurance producer onboarding and compliance

AgentSync has revealed the launch of its first commercially available ProducerSync API for carriers, MGAs, and agencies.
In the fast-paced InsurTech realm, gaining insights from diverse markets is an invaluable opportunity; one not to be missed. Mike Scott, Sales Manager at Novidea, shares his insightful trip to the InsurTech Insights Asia conference in Hong Kong, shedding light on the challenges and opportunities within the Asia-Pacific insurance landscape.

Inside the Asia-Pacific InsurTech market

In the fast-paced InsurTech realm, gaining insights from diverse markets is an invaluable opportunity; one not to be missed. Mike Scott, Sales Manager at Novidea, shares his insightful trip to the InsurTech Insights Asia conference in Hong Kong, shedding light on the challenges and opportunities within the Asia-Pacific insurance landscape.

News Stories

Indico Data, HDI Global US strike InsurTech tie-up

Indico Data, HDI Global US strike InsurTech tie-up

Indico Data, the Intake & Orchestration Platform for insurance operations, has agreed a partnership with HDI Global US to modernise how complex corporate and...
Alfred launches Costco-style bills membership

Alfred launches Costco-style bills membership

Alfred, a new AI-native services company that gives UK households access to better prices across energy, mobile, broadband, home insurance, car insurance and breakdown...

Sixfold study: L&H underwriters back AI, adoption lags

Sixfold, the AI underwriting company that partners with major Life and Health carriers worldwide, has published new research revealing that confidence in artificial intelligence...
Road safety shift threatens motor insurers

Road safety shift threatens motor insurers

Angelica Solutions, an insurance analytics and advisory business, has warned that a growing share of serious road casualties among pedestrians and cyclists could open...
ZestyAI's Z-WATER wins approval in 20+ US states

ZestyAI’s Z-WATER wins approval in 20+ US states

ZestyAI, a Risk Decision Platform serving the insurance industry, has had its Z-WATER model for non-weather water risk accepted for use in carrier rate...
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