MAPFRE RE returns with €125m cat bond deal

Insurity, a leading provider of cloud-based software for property and casualty (P&C) insurers, brokers, and MGAs, today announced the launch of its Andromeda product release, introducing a new wave of capabilities and intelligent automation across its product portfolio. The release gives insurers the horsepower to drive measurable gains through faster quoting, sharper risk assessment, and lowering costs. The Andromeda release introduces powerful new features across Insurity’s full product family, providing insurers with greater transparency, control, and speed across underwriting, policy, claims, and analytics. Major enhancements include: Get instant, full transparency into premium calculations: See every rate, rule, and factor behind the number. Give underwriters the clarity and confidence they need for every quote, policy, and transaction across the entire policy lifecycle. Model the most realistic catastrophic risk scenarios: Support advanced modeling and reinsurance scenarios with multi-ring accumulation and location-level financial calculations to bring more power and accuracy to catastrophe modeling. Focus on the most profitable submissions: Remove guesswork and quickly identify the most profitable submissions to underwrite with intelligent, data-driven submission scoring. See claims data directly in underwriting workflows: Get a full picture of risk without switching systems by quickly reviewing claims data alongside policy information directly in the underwriting workflow to make faster, more informed decisions. Empower field teams to reduce and prevent losses: Perform surveys or inspections on the go with an intuitive mobile app designed for field efficiency and cleaner data capture. Automate mid-term producer license verifications for workers’ comp: Stay compliant and remove manual work by validating agent and branch state licenses automatically when a new unit is added via endorsement. These updates bring intelligent automation, enhanced usability, and stronger integration across the Insurity ecosystem, empowering insurers to turn everyday decisions into meaningful business advantages. The full list of Andromeda features is available on Insurity’s website. “Every insurer is unique, and we’re rapidly investing in R&D to bring our customers flexible software that enables them to maintain that uniqueness and grow profitably,” said Jatin Atre, Chief Business Officer and EVP of Software and Analytics at Insurity. “The Andromeda Release is focused on freeing insurers from rigid systems and empowering them with intelligent, flexible tools that fit the way they do business. Andromeda showcases how we’re delivering real innovation to solve the hardest problems for our customers.” These innovations are part of Insurity’s broader investment of $50 million in R&D, a reflection of the company’s focus on long-term, sustainable product development that delivers value to customers. The Andromeda release reaffirms Insurity’s vision to empower insurers to grow profitably by providing products that launch effortlessly, deliver a hyper-configurable user experience, are purpose-built for commercial lines, and use AI to power smarter decisions for insurers.

MAPFRE RE returns with €125m cat bond deal

November 26, 2025

MAPFRE RE, the global reinsurance arm of the MAPFRE Group, has returned to the catastrophe bond market with a new €125m issuance designed to...

Counterpart, the Los Angeles-based Agentic Insurance™ platform, has announced an expansion of its Affirmative Artificial Intelligence (AI) Coverage and the launch of a new Technology Errors and Omissions (E&O) Insuring Agreement.

Counterpart boosts AI protection in liability products

November 26, 2025

Counterpart, the Los Angeles-based Agentic Insurance™ platform, has announced an expansion of its Affirmative Artificial Intelligence (AI) Coverage and the launch of a new...

Mox Bank, a Hong Kong-based digital bank known for its mobile-first financial services, has launched Travel Pick & Go, a highly customisable travel insurance solution exclusively available through the Mox app.

Mox Bank rolls out new Travel Pick & Go cover

November 26, 2025

Mox Bank, a Hong Kong-based digital bank known for its mobile-first financial services, has launched Travel Pick & Go, a highly customisable travel insurance...

Thai InsurTech Roojai has secured $60m in new funding, with Apis Partners and Asia Partners leading the Series C round in a move aimed at boosting the firm's regional expansion.

Thai InsurTech Roojai reels in $60m Series C

November 26, 2025

Thai InsurTech Roojai has secured $60m in new funding, with Apis Partners and Asia Partners leading the Series C round in a move aimed...

Onics, a Danish smart-home technology firm with a significant presence in the Nordic insurance market, is expanding into the UK as it seeks to help home insurers curb losses.

Onics launches IoT solutions for UK home insurers

November 25, 2025

Onics, a Danish smart-home technology firm with a significant presence in the Nordic insurance market, is expanding into the UK as it seeks to...

Intersys, a UK-based technology, has launched a new AI in the Workplace Governance Policy Template designed to help insurers, MGAs, brokers and market service providers manage risks in relation to AI adoption.

Intersys releases AI risk policy for insurance sector

November 25, 2025

Intersys, a UK-based technology, has launched a new AI in the Workplace Governance Policy Template designed to help insurers, MGAs, brokers and market service...

Tide, the UK’s leading business management platform supporting more than 14% of UK small and medium-sized businesses, has introduced a new insurance service for SMBs.

Tide unveils new insurance service for small businesses

November 25, 2025

Tide, the UK’s leading business management platform supporting more than 14% of UK small and medium-sized businesses, has introduced a new insurance service for...

Customers typically enter the claims process at one of the most stressful points in their lives, and the industry’s traditional approach has often added friction rather than relief. Poor communication, unclear next steps and manual workflows all heighten anxiety, resulting in dissatisfaction and, ultimately, churn.

Three ways insurers can transform the claims journey

November 25, 2025

Customers typically enter the claims process at one of the most stressful points in their lives, and the industry’s traditional approach has often added...

Eleos Life has announced the launch of its new AI voice agent, designed to offer instant, around-the-clock assistance to customers without the frustration of wait times.

Eleos Life launches AI voice agent for 24/7 customer support

November 24, 2025

Eleos Life has announced the launch of its new AI voice agent, designed to offer instant, around-the-clock assistance to customers without the frustration of...

Pro Global, a leading advisor in the specialist insurance sector, has launched its own Solicitors Regulation Authority (SRA) registered law firm, to manage complex claims litigation.

Pro Global reveals Pro Legal to streamline complex claims

November 24, 2025

Pro Global, a leading advisor in the specialist insurance sector, has launched its own Solicitors Regulation Authority (SRA) registered law firm, to manage complex...