Company News

Penn River, a cloud-native life and annuities policy administration platform, has partnered with InsurTech Solvrays, to streamline insurance workflows.

Penn River and Solvrays unite to streamline insurance workflows

Penn River, a cloud-native life and annuities policy administration platform, has partnered with InsurTech Solvrays, to streamline insurance workflows. The collaboration aims to eliminate back-office...
DXC Technology, a global technology services provider, has launched Assure Broking Essentials, an AI-powered SaaS platform designed to streamline operations and enhance customer experience for small and mid-sized insurance brokers.

DXC unveils AI-powered Assure Broking Essentials

DXC Technology, a global technology services provider, has launched Assure Broking Essentials, an AI-powered SaaS platform designed to streamline operations and enhance customer experience...
Insurance venture capital firm Markd has reopened its debut fund to secure up to $500m in new commitments, with the potential for further expansion before year-end.

Markd reopens fund $500m for insurance investments

Insurance venture capital firm Markd has reopened its debut fund to secure up to $500m in new commitments, with the potential for further expansion before...
Kalepa, a leading AI underwriting software provider, has partnered with SECURA Insurance to integrate AI into its underwriting.

Kalepa partners with SECURA to modernise underwriting

Kalepa, a leading AI underwriting software provider, has partnered with SECURA Insurance to integrate AI into its underwriting. This initiative reflects SECURA’s commitment to digital...
One of California’s largest Medicaid and Medicare health plans, serving over 1m members and thousands of providers, was struggling with mounting pressure in its provider service operations. Providers frequently contacted the plan’s call centre to verify member benefits and authorisations, check the status of claims, respond to documentation requests, and manage credentialing requirements and directory updates.

California health plan boosts provider support with Ushur AI

One of California’s largest Medicaid and Medicare health plans, serving over 1m members and thousands of providers, was struggling with mounting pressure in its...
Global Indemnity Group, a leading provider of specialty property and casualty insurance, has announced that its subsidiary Penn-America Underwriters, LLC (PAU) is launching its first reinsurance managing general agency (MGA).

Global Indemnity expands reinsurance arm with new PAU unit

Global Indemnity Group, a leading provider of specialty property and casualty insurance, has announced that its subsidiary Penn-America Underwriters, LLC (PAU) is launching its...
OpenDialog, an AI Agent platform built to transform insurance customer journeys, has partnered with Durell, a leading insurance software provider, to embed artificial intelligence into broker workflows and streamline the quoting process.

Durell and OpenDialog drive next-gen AI broking

OpenDialog, an AI Agent platform built to transform insurance customer journeys, has partnered with Durell, a leading insurance software provider, to embed artificial intelligence...
Insurance Office of America (IOA) has announced a new round of investment involving its own employees, private equity firm Madison Dearborn Partners (MDP), and Canadian brokerage Navacord, in a move designed to strengthen its position in the US insurance market.

IOA announces new investment deal with MDP and Navacord

Insurance Office of America (IOA) has announced a new round of investment involving its own employees, private equity firm Madison Dearborn Partners (MDP), and...

How Expert.ai is using hybrid AI to transform the insurance market

Expert.ai is an enterprise AI solutions provider specializing in hybrid AI that helps insurance organisations understand data and make better decisions across a wide...
“Non-life insurance poses little to no money laundering risk.” For years, this belief has shaped global regulatory priorities. Life insurance remained under strict anti-money laundering (AML) oversight, while general insurance received limited attention. But as criminal methods evolve, so too must the approach to AML in non-life insurance.

Is AML in insurance still low risk?

“Non-life insurance poses little to no money laundering risk.” For years, this belief has shaped global regulatory priorities. Life insurance remained under strict anti-money...

News Stories

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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