Company News

For years, artificial intelligence has quietly tiptoed in the background of insurance claims, surfacing information, flagging risks and helping humans make decisions, but rarely taking action itself. That is beginning to change. Those stealthy steps are now becoming bashful plods, as AI's impact on the decision-making process surges.

Insurance claims rewired: The rise of agentic AI

For years, artificial intelligence has quietly tiptoed in the background of insurance claims, surfacing information, flagging risks and helping humans make decisions, but rarely...

Willis and Qover launch embedded insurance partnership

Willis and Qover have formed a strategic partnership to expand the GB Affinity technology ecosystem and support the delivery of embedded insurance solutions across...
Certua Life becomes first new UK life insurer in 20 years

Certua Life becomes first new UK life insurer in 20 years

Certua Life Limited, which claims to be the first new protection-focused life insurer to be authorised in the UK in nearly two decades, has...
Neptune Flood, a U.S.-based digital flood insurance provider, has launched a flood insurance quoting app in ChatGPT, allowing property owners to receive real-time preliminary quotes through a conversational interface.

Neptune Flood brings real-time insurance quotes to ChatGPT

Neptune Flood, a U.S.-based digital flood insurance provider, has launched a flood insurance quoting app in ChatGPT, allowing property owners to receive real-time preliminary...
Markel International, the global insurance division of Markel Group (NYSE: MKL), has appointed Maureen Tomlinson as Head of AI and launched an AI Centre of Enablement to support responsible AI adoption across its operations.

Markel International unveils centre to boost AI development

Markel International, the global insurance division of Markel Group (NYSE: MKL), has appointed Maureen Tomlinson as Head of AI and launched an AI Centre...
Clearcover, a Chicago-based AI-native auto insurance carrier, has launched Dearborn Labs, a forward-deployed AI practice designed to build and operate production AI systems inside property and casualty insurers and managing general agents (MGAs).

Clearcover launches Dearborn Labs to deploy AI inside insurers

Clearcover, a Chicago-based AI-native auto insurance carrier, has launched Dearborn Labs, a forward-deployed AI practice designed to build and operate production AI systems inside...
The U.S. International Development Finance Corporation (DFC) has appointed Chubb to lead its $20bn maritime reinsurance plan aimed at restoring commercial shipping through the Strait of Hormuz and surrounding Gulf routes.

Chubb to underwrite DFC’s $20bn Gulf shipping insurance plan

The U.S. International Development Finance Corporation (DFC) has appointed Chubb to lead its $20bn maritime reinsurance plan aimed at restoring commercial shipping through the...
Parisian InsurTech Alan has reached a valuation of €5bn following a €100m funding round, strengthening its position as one of Europe’s most valuable insurance startups.

Alan hits €5bn valuation after €100m funding round

Parisian InsurTech Alan has reached a valuation of €5bn following a €100m funding round, strengthening its position as one of Europe’s most valuable insurance...
Socotra, a U.S.-based cloud-native insurance platform, has launched Socotra Assistant, an AI underwriting tool embedded in Operations Workbench to improve productivity, accuracy, and regulatory compliance.

Socotra Assistant goes live to improve underwriting productivity

Socotra, a U.S.-based cloud-native insurance platform, has launched Socotra Assistant, an AI underwriting tool embedded in Operations Workbench to improve productivity, accuracy, and regulatory...
Gen, a global embedded marketplace platform, has acquired Trellis, a technology-driven insurance shopping platform, to integrate its AI-powered capabilities into Engine by Gen.

Gen enhances embedded marketplace with Trellis acquisition

Gen, a global embedded marketplace platform, has acquired Trellis, a technology-driven insurance shopping platform, to integrate its AI-powered capabilities into Engine by Gen. The acquisition...

News Stories

Starpeak secures August Equity investment

Starpeak secures August Equity investment

August Equity, a UK-based private equity investor focused on lower-mid-market businesses, has agreed to invest in Starpeak, a specialist insurance distributor serving niche personal...

AEGIS London and Augentic unveil digital consortium

AEGIS London, a top-quartile Lloyd's syndicate, and Augentic, a tech-enabled MGA, have joined forces to launch a new cross-class digital follow consortium within the...
Why insurance’s distribution data goldmine matters now

Why insurance’s distribution data goldmine matters now

Insurance distribution has traditionally been treated as an operational challenge. Carriers, MGAs and agencies have invested in technology to onboard producers, manage licences and...

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...
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