Company News

ZestyAI, the Risk and Decision Intelligence Platform for the insurance industry, has announced that its non-weather water risk model, Z-WATER™, has been reviewed and approved for underwriting and rating in Illinois, Indiana, Iowa, Louisiana and Wisconsin.

ZestyAI Z-WATER™ approved for property insurance rating

ZestyAI, the Risk and Decision Intelligence Platform for the insurance industry, has announced that its non-weather water risk model, Z-WATER™, has been reviewed and...
OpenAI reported a surge in demand from the insurance and wider financial services industries, as major insurers and financial institutions accelerate the deployment of artificial intelligence across their operations.

OpenAI drives GenAI growth in insurance and finance

OpenAI reported a surge in demand from the insurance and wider financial services industries, as major insurers and financial institutions accelerate the deployment of...
The insurance sector is entering a new era of cyber exposure as artificial intelligence becomes increasingly embedded in business operations, according to cyber risk specialists KYND.

KYND warns on AI-driven cyber risk for insurers

The insurance sector is entering a new era of cyber exposure as artificial intelligence becomes increasingly embedded in business operations, according to cyber risk...
SageSure, one of the largest managing general underwriters in the US focused on catastrophe-exposed markets, has appointed John Sence as its new chief sales officer.

NJ-based InsurTech SageSure appoints new sales leader

SageSure, one of the largest managing general underwriters in the US focused on catastrophe-exposed markets, has appointed John Sence as its new chief sales...
Coalition, the world’s first Active Insurance provider designed to prevent digital risk before it strikes, has named Frank Fumarola as its new chief product officer.

Coalition names new CPO to aid expansion goals

Coalition, the world’s first Active Insurance provider designed to prevent digital risk before it strikes, has named Frank Fumarola as its new chief product...
bolttech, the global InsurTech, has acquired Kenya-based digital insurance platform mTek as part of a move to accelerate its strategic expansion in East Africa and deepen its embedded insurance capabilities worldwide.

Kenyan digital insurance platform mTek acquired by bolttech

bolttech, the global InsurTech, has acquired Kenya-based digital insurance platform mTek as part of a move to accelerate its strategic expansion in East Africa...
Producer onboarding has become one of the quietest yet costliest drags on revenue across the insurance sector. When producers wait weeks to begin selling, carriers and MGAs lose momentum, face rising compliance exposure and risk losing talent before activation even starts. Manual workflows—still the norm for many organisations—turn straightforward checks into an obstacle course of emails, spreadsheets and repeated data entry, according to Producerflow.

The key to faster producer activation

Producer onboarding has become one of the quietest yet costliest drags on revenue across the insurance sector. When producers wait weeks to begin selling,...
73% of insurance executives are planning to change their core insurance management technology within the next three years, according to a recent report by Novidea.

73% of insurance execs ready to modernise systems, Novidea says

73% of insurance executives are planning to change their core insurance management technology within the next three years, according to a recent report by...
Scaling a producer network starts with recruiting the right agents—a challenge many carriers and MGAs face as appointment and onboarding costs rise. Organisations that rely on reactive approaches, such as appointing anyone who applies or conducting manual research, risk wasted expenditure on non-producing agents, missed opportunities with high-potential producers, and increased administrative work. Implementing producer management software allows insurers to move from guesswork to a data-driven recruiting process that fuels distribution growth.

What drives successful data-driven producer recruiting

Scaling a producer network starts with recruiting the right agents—a challenge many carriers and MGAs face as appointment and onboarding costs rise. Organisations that...
Nationwide, a major US-based insurance provider, has partnered with Chrp, an AI-driven home risk assessment platform, to introduce a smartphone-led approach to home inspections.

Nationwide joins Chrp to boost AI-powered home safety

Nationwide, a major US-based insurance provider, has partnered with Chrp, an AI-driven home risk assessment platform, to introduce a smartphone-led approach to home inspections. The...
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Producer licensing is one of those parts of insurance that tends to stay in the background until it starts slowing everything else down. As carriers expand their agent networks, the process of onboarding producers, managing appointments, and maintaining compliance records often still depends on fragmented systems and manual intervention.

Fixing the producer bottleneck in insurance distribution

Producer licensing is one of those parts of insurance that tends to stay in the background until it starts slowing everything else down. As...
Simply Business, a digital insurance marketplace, has launched a business insurance app on ChatGPT in the US, alongside a separate rollout in the UK.

Simply Business brings small business insurance pricing into ChatGPT

Simply Business, a digital insurance marketplace, has launched a business insurance app on ChatGPT in the US, alongside a separate rollout in the UK. The...
Cytora, a digital risk processing platform, has announced a strategic relationship with LexisNexis Risk Solutions to embed advanced data and analytics into its platform for US commercial insurers.Cytora, a digital risk processing platform, has announced a strategic relationship with LexisNexis Risk Solutions to embed advanced data and analytics into its platform for US commercial insurers.

Cytora partners LexisNexis to enhance US commercial underwriting

Cytora, a digital risk processing platform, has announced a strategic relationship with LexisNexis Risk Solutions to embed advanced data and analytics into its platform...
INSTANDA, a no-code insurance platform provider, has partnered with DataCrest, a workflow solutions firm, to enhance submission intake and quoting efficiency for insurers and MGAs.

INSTANDA and DataCrest team up to streamline insurance submissions

INSTANDA, a no-code insurance platform provider, has partnered with DataCrest, a workflow solutions firm, to enhance submission intake and quoting efficiency for insurers and...
Openly, a tech-enabled homeowners insurance provider, has secured a growth investment round led by existing investors Eden Global Partners, Advance Venture Partners and Gradient, with strategic participation from Allianz X.

Openly boosts expansion plans with funding and Allianz Re deal

Openly, a tech-enabled homeowners insurance provider, has secured a growth investment round led by existing investors Eden Global Partners, Advance Venture Partners and Gradient,...
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