How to spend less time on admin and more time underwriting
The ability to react quickly to the rapidly changing market is a business imperative for insurers. Modern underwriters would do well to transform the way they work in a way that allows them to spend less time on admin and more time underwriting. How can this be done?
InsurTech Wefox eyes future funding
German digital insurer Wefox is reportedly in discussions to raise funding at a valuation of $5-6bn in the coming weeks.
Novidea to streamline the COI process with Certificial
Novidea, the creator of a born-on-the-cloud, data-driven platform optimizing the entire insurance policy and distribution lifecycle, has partnered with Certificial, a Certificate of Insurance (COI) platform, to transform the legacy process of COI issuance.
OpenSpace and InsurTech Shepherd join forces to serve construction industry
OpenSpace, an AI technology company on a mission to provide transparency in the construction and real estate industry, has partnered with commercial insurance provider Shepherd.
Swiss InsurTech dacadoo teams with Daido Life to support new product
Swiss InsurTech company dacadoo has licensed its Risk Engine solution to Japan-based Daido Life, for the development of the new product, KENCO+.
Flood InsurTech Previsico partners with Zurich for UK public sector
Previsico, the live flood warning InsurTech, and Zurich Municipal have partnered to boost flood risk resilience across the UK public sector.
Why insurers need to know about behavioural analytics
Artificial intelligence applied to big data has opened many doors for various industries. One of the applications of AI and big data is behavioural analytics. Insurers would do well to leverage this and make it a priority.
Intact Insurance to acquire Tokio Marine’s Highland Insurance
Intact Insurance Group, also known as Intact Insurance Specialty Solutions, has entered into a definitive agreement to acquire Highland Insurance solutions, the US construction division of Tokio Marine Highland.
Rivet pulls in $20.5m in Series B raise
Rivet, a healthcare billing platform, has scored $20.5m in a Series B round led by Catalyst Investors.
Allianz and Swiss Re back flood insurance and resilience project in Ghana
The Ghana Ministry of Finance, the United Nations Development Programme (UNDP), the German Government, and the Insurance Development Forum (IDF), have launched a project to develop flood insurance and financial resilience in Ghana.
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