Company News

Kota

Kota seals €5m funding to revamp employee benefits platform

Kota, an integrated platform aiming to streamline insurance and retirement benefits for contemporary teams, has secured €5m.
Boost Insurance, a prominent player in the insurance infrastructure sector, has just announced the launch of a new product, designed to enrich its comprehensive insurance-as-a-service stack.

Boost Insurance launches Boost Re and full-stack captive-as-a-service offering

Boost Insurance, a prominent player in the insurance infrastructure sector, has just announced the launch of a new product, designed to enrich its comprehensive insurance-as-a-service stack.
Smart

Smart Communications powers Mountain West’s leap to cloud customer experience

Mountain West Farm Bureau and its subsidiary 360 Insurance Company have joined forces with Smart Communications.
In the ever-evolving landscape of the insurance industry, achieving meaningful change extends far beyond the realm of structural shifts and organisational adjustments. The dynamics of insurance, like any other sector, are heavily influenced by the mindsets of employees and the fabric of organisational culture. 

Insurance transformation: exploring change with Hyperexponential

In the ever-evolving landscape of the insurance industry, achieving meaningful change extends far beyond the realm of structural shifts and organisational adjustments. The dynamics of insurance, like any other sector, are heavily influenced by the mindsets of employees and the fabric of organisational culture. 
HoneyQuote, a digital insurance marketplace, has partnered with First Connect Insurance Services to grant thousands of independent agents nationwide the ability to seamlessly write policies in Florida

HoneyQuote partners with First Connect to give agents greater access to Florida insurance market

HoneyQuote, a digital insurance marketplace, has partnered with First Connect Insurance Services to grant thousands of independent agents nationwide the ability to seamlessly write policies in Florida
Arthur J. Gallagher & Co. has officially entered into a definitive agreement to acquire Cadence Insurance, Inc., in a bid to enhance their presence in the southeastern and Texan markets.

Arthur J. Gallagher to acquire Cadence Insurance to bolster Texas market presence

Arthur J. Gallagher & Co. has officially entered into a definitive agreement to acquire Cadence Insurance, Inc., in a bid to enhance their presence in the southeastern and Texan markets.
QBE

QBE and Novidea join forces to supercharge insurance processes in Canada

Insurance firm QBE Canada has recently linked with Novidea, renowned for its cloud-based insurance management platforms.
The insurance industry relies heavily on efficient data communication, and two key terms, the Core Data Record (CDR) and the Market Reform Contract (MRC), play significant roles in standardising this communication. While distinct, both concepts contribute to insurance processing and documentation, streamlining operations in the sector.

Unraveling insurance data standardisation: CDR vs. MRC

The insurance industry relies heavily on efficient data communication, and two key terms, the Core Data Record (CDR) and the Market Reform Contract (MRC), play significant roles in standardising this communication. While distinct, both concepts contribute to insurance processing and documentation, streamlining operations in the sector.
Israeli InsurTech Vesttoo has requested more time from the creditors in their Chapter 11 bankruptcy case, as it still believes it can produce a "value-maximising transaction".

Vesttoo continues to push for ‘value-maximising’ business plan

Israeli InsurTech Vesttoo has requested more time from the creditors in their Chapter 11 bankruptcy case, as it still believes it can produce a "value-maximising transaction".
White Mountains Insurance Group, Ltd. is set to acquire a majority stake in Bamboo Ide8 Insurance Services, LLC Bamboo, a managing general agent (MGA) specialising in the California homeowners insurance market.

White Mountains Insurance Group to acquire majority stake in Bamboo Ide8 Insurance Services

White Mountains Insurance Group, Ltd. is set to acquire a majority stake in Bamboo Ide8 Insurance Services, LLC Bamboo, a managing general agent (MGA) specialising in the California homeowners insurance market.

News Stories

Alliant Insurance buys Nava in AI benefits push

Alliant Insurance Services, one of the largest insurance brokers and consultants in the US, has agreed to acquire Nava Benefits, the AI-native employee benefits...
RockRose Risk lands $12.5m to reshape wildfire insurance

RockRose Risk lands $12.5m to reshape wildfire insurance

RockRose Risk, the insurance brokerage that rewards property owners for reducing wildfire exposure, has completed a $12.5m Series A round. The financing was jointly led...

bolt launches AI-powered insurance distribution platform

Bolt, a leading InsurTech focused on distribution, has rolled out what it calls the insurance sector's first AI-powered distribution platform to give partners access...
Why producer compliance is splitting across three tech models

Why producer compliance is splitting across three tech models

Producer licensing is increasingly becoming a technology infrastructure decision for carriers and MGAs, with platforms differing significantly in how they connect to existing systems,...
Interconnected risks are breaking insurance's old models

Interconnected risks are breaking insurance’s old models

Insurance models are being tested by a risk environment in which exposures increasingly overlap, evolve quickly and create consequences beyond their original category. Earnix,...
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