Company News

The insurance sector is grappling with a rapidly changing environment, driven by technological advancements, shifting customer expectations, and economic pressures. Amid this dynamic maelstrom, achieving sustainable profitability has become more important than ever, according to Earnix.

How insurers can secure sustainable profitability in 2025

The insurance sector is grappling with a rapidly changing environment, driven by technological advancements, shifting customer expectations, and economic pressures. Amid this dynamic maelstrom,...
OpenDialog, an AI Agent platform transforming customer journeys across the insurance industry, has launched Rhea, an AI-powered re-engagement agent designed to help insurers recover customers who abandon their quote process before completion.

OpenDialog unveils Rhea to boost insurer conversions

OpenDialog, an AI Agent platform transforming customer journeys across the insurance industry, has launched Rhea, an AI-powered re-engagement agent designed to help insurers recover...
Majesco, a leading provider of cloud-native, AI-driven software for the insurance industry, has launched the MGA Model Office, a pre-configured system within its P&C CoreConnect platform designed to transform how managing general agents (MGAs) operate.

Majesco launches MGA Model Office to streamline underwriting

Majesco, a leading provider of cloud-native, AI-driven software for the insurance industry, has launched the MGA Model Office, a pre-configured system within its P&C...
A single claim used to take an hour to process. Now it takes four minutes. In a quiet corner of the office, the hum of computers has replaced the shuffle of papers, and the decisions once made by teams are executed by an AI agent with surgical precision.

How Majesco cuts insurance claims from an hour to four minutes

A single claim used to take an hour to process. Now it takes four minutes. In a quiet corner of the office, the hum...
Bajaj Life, one of India’s leading private life insurers, has unveiled its upgraded and enhanced customer app, the Bajaj Life Insurance App, designed to simplify policy management and improve user engagement.

Bajaj Life unveils enhanced app for life goals tracking

Bajaj Life, one of India’s leading private life insurers, has unveiled its upgraded and enhanced customer app, the Bajaj Life Insurance App, designed to...
QuickFacts, a leading digital insurance platform for brokers, and BOXX Insurance, a specialist cyber insurer focused on prevention-first solutions, have joined forces to enhance cyber coverage access for brokers.

QuickFacts partners with BOXX to expand broker cyber solutions

QuickFacts, a leading digital insurance platform for brokers, and BOXX Insurance, a specialist cyber insurer focused on prevention-first solutions, have joined forces to enhance...
WTW, a global professional services firm specialising in advisory, broking, and risk management, today announced the launch of Captive Fit, a new analytical and strategic service, as the captive insurance market continues to see significant growth.

Captive Fit by WTW enhances insurance programme efficiency

WTW, a global professional services firm specialising in advisory, broking, and risk management, today announced the launch of Captive Fit, a new analytical and...
Amica Mutual Insurance Company, the nation’s longest-standing mutual auto insurer, has announced a new multi-year partnership with Penn State Athletics, becoming the programme’s Official Auto, Home, and Life Insurance Partner.

Amica and Penn State join forces in multi-year sports deal

Amica Mutual Insurance Company, the nation’s longest-standing mutual auto insurer, has announced a new multi-year partnership with Penn State Athletics, becoming the programme’s Official Auto,...
Honeycomb Insurance, a deep-tech digital Managing General Agent (MGA) specialising in tailored property and casualty coverage, has announced a strategic partnership with Neptune Flood to simplify and accelerate insurance delivery for property owners and their agents.

Honeycomb Insurance and Neptune Flood streamline property coverage

Honeycomb Insurance, a deep-tech digital Managing General Agent (MGA) specialising in tailored property and casualty coverage, has announced a strategic partnership with Neptune Flood...
Data plays a defining role in determining both the speed and accuracy of the loss reserving process. Yet, for many actuaries, gaining access to that data remains a persistent challenge. Legacy systems are rarely designed to handle the data-heavy demands of modern reserving, creating a bottleneck that often results in rushed quarterly reviews. As a result, actuarial teams can find themselves focusing more on completing reports than on delivering deeper analytical insights, according to Akur8.

How data access is redefining actuarial efficiency

Data plays a defining role in determining both the speed and accuracy of the loss reserving process. Yet, for many actuaries, gaining access to...

News Stories

Faye raises $50m to power autonomous travel care

Faye raises $50m to power autonomous travel care

Faye, the AI-powered travel protection platform recognised as a TIME Best Invention and named a top provider by The Wall Street Journal, has closed...
Why insurance personalisation is still stuck in the data gap

Why insurance personalisation is still stuck in the data gap

Insurers have invested significantly in customer data, segmentation and behavioural analytics to improve engagement. However, many still face challenges when turning those insights into...
Octave taps Cytora technology for new MGA launches

Octave taps Cytora technology for new MGA launches

Cytora, an AI-powered risk processing platform for commercial insurers, has entered a partnership with Octave Specialty Group, a specialty insurance platform that builds, buys...
Plaid and Sierra unlock AI-powered financial workflows

Plaid and Sierra unlock AI-powered financial workflows

Plaid, a financial technology company that enables consumers to securely connect their financial accounts with apps and services, has partnered with Sierra, an AI...

Angelica Solutions adds pricing expert Illingworth

Angelica Solutions, the UK insurance consultancy specialising in data-driven and actuarial solutions for insurers, MGAs and InsurTechs, has appointed Amy Illingworth as a senior...
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