Company News

Qover, a leading InsurTech firm, has announced that it will be entering the £19bn UK motor insurance industry.

In a bid to revolutionise the landscape of Business Intelligence (BI) applications, Ilya Mokin, Head of R&D at Symfa, unveiled the intricate details of their recent BI modernisation project. Addressing the common challenge of sluggish reporting, Mokin shed some light on the hurdles faced, from onboarding complexities to navigating intricate business logic.

Late last year, The Gherkin played host to a crucial TINtech breakfast meeting, drawing together over a dozen seasoned insurance industry veterans. The gathering, comprising a diverse mix of brokers and insurers, centred its discussions on Blueprint Two – a pivotal initiative shaping the future of the London insurance market. InsurTech Novidea, who hosted the event, delve into the hot topics of the discussion.

Foxquilt, a leading North American InsurTech specialising in embedded small business insurance technology, has revealed a strategic and long-term capacity relationship with global insurance provider Markel.

InsurX, a trailblazing digital exchange equipped with algorithmic capabilities, has officially entered the London Direct & Facultative (D&F) Property market.

Verisk, a prominent global data analytics and technology provider, has established an Advisory Board to meet the ever-evolving needs of claims organisations in the insurance industry.

Korr, a New York City-based InsurTech startup, has successfully bagged $3.2m in their seed funding round.

Reinsurance Group of America has recently unveiled a significant strategic investment and an exclusive global life and health reinsurance partnership with DigitalOwl.

In a groundbreaking move, hyperexponential successfully launched its certification program in 2023, marking a significant milestone in the company’s ongoing mission to empower insurance professionals, validate their skills, and unlock Pricing Decision Intelligence for organisations.

Global re/insurer SCOR has finalised a 15-year lease agreement for approximately 50,000 sq. ft of office space at 8 Bishopsgate, a prestigious London office building, in collaboration with Mitsubishi Estate London and Stanhope.