AFR deploys Verisk’s solution to streamline claims
American Farmers & Ranchers Mutual Insurance Company (AFR Insurance) has adopted global data analytics provider Verisk’s property claims-handling solutions, as part of its efforts to improve claims handling workflows.
YuLife rakes in $120m from Series C raise
YuLife, an InsurTech firm, has raised $120m from a Series C funding round headed by Dai-ichi Life Insurance Company.
Air Doctor: How to brace for impact in the travel industry
In an economic climate characterised by rising prices, particularly gas, in part arising from the Russia-Ukraine conflict, as well as a tentative recovery from the pandemic, how can those in the travel industry, including insurers, prepare?
Yonder to rival Revolut and Monzo with travel insurance offering
Yonder, a challenger credit card provider, has entered the travel insurance sector with a product that covers various travel disruptions including flight cancellations.
JAB makes more moves in pet insurance with AGILA take-over
JAB’s European pet insurance platform Pinnacle Pet Group (PPG) will acquire German pet insurance provider AGILA Tierversicherung.
Munich Re and AXA Climate join WTW’s coral reef protection programme
WTW has expanded its programme insuring the Mesoamerican Reef with the appointment of Munich Re and AXA Climate as the insurance capacity providers for the project, in a bid to boost the economic and climate resilience of the surrounding regions.
German InsurTech wefox boasts two million customers
Berlin-based digital insurance company wefox has reached two million customers, following an announcement that it is seeking another funding raise.
Service Lloyds opts for GradientAI to bolster workers’ compensation underwriting
Service Lloyds Insurance Company has adopted Gradient AI’s solution to better predict risk and improve the pricing accuracy of workers’ compensation policies.
Tech-driven MGA Insight Risk deploys ChainThat platform
Insight Risk, a technology-driven MGA, has deployed a next-generation policy administration platform Beyond Policy Administration (BPA) from software-as-a-service platform ChainThat.
How Lloyd’s Project Rio and ‘Principles of Doing Business’ will impact pricing
Lloyd’s recently released a 156 page document titled ‘Principles of Doing Business’, which outlines the responsibilities of all managing agents. To help companies quickly digest this and ensure they stay compliant, hyperexponential has released a report summarising the key takeaways.
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