Company News

Allianz Global Assistance Canada, and Air Doctor, a telemedicine platform offering virtual and in-person medical services worldwide, have joined forces to enhance healthcare access for travellers.

Air Doctor teams up with Allianz for global telemedicine access

Allianz Global Assistance Canada has partnered with Air Doctor, a telemedicine platform offering virtual and in-person medical services worldwide, to enhance healthcare access for travellers. The...
ClaimSorted, an InsurTech start-up transforming how insurers handle claims, has raised $13.3m in a seed funding round aimed at modernising one of the industry’s most outdated processes.

ClaimSorted raises $13.3m to transform insurance claims

ClaimSorted, an InsurTech start-up transforming how insurers handle claims, has raised $13.3m in a seed funding round aimed at modernising one of the industry’s...
Insurers are dreaming of AI, but many are still anchored to outdated systems. A 2024 Novidea survey found that 41% of insurance professionals admit their core systems haven’t been updated in over five years. Even more striking, 76% of large firms rely on six or more systems, and nearly a fifth operate with ten or more. This tangled web of legacy technology undermines data quality, security, and scalability, threatening the very potential of AI to transform business.

Inside insurance’s legacy tech problem

Insurers are dreaming of AI, but many are still anchored to outdated systems. A 2024 Novidea survey found that 41% of insurance professionals admit...
EIS, a leading cloud-native core platform provider to the insurance industry, has announced the expansion of its flagship platform to accelerate digital transformation within insurance operations.

EIS unveils CoreGentic to boost insurance agility

EIS, a leading cloud-native core platform provider to the insurance industry, has announced the expansion of its flagship platform to accelerate digital transformation within...
Socotra, a leading InsurTech company transforming insurance core technology with modern cloud-based solutions, has launched a new product, Agentic Configuration.

Socotra unveils Agentic Configuration for insurers

Socotra, a leading InsurTech company transforming insurance core technology with modern cloud-based solutions, has launched a new product, Agentic Configuration. This cutting-edge capability enables insurers...
When an insurance client sends a message, every second counts. A delayed reply can cost trust, revenue, and even long-term loyalty. Symphony is helping insurers meet these high stakes head-on. 

How Symphony is redefining client interaction in insurance 

When an insurance client sends a message, every second counts. A delayed reply can cost trust, revenue, and even long-term loyalty. Symphony is helping...
Gradient AI, a leading enterprise software provider of artificial intelligence (AI) solutions, has partnered with Connexure, a provider of quoting, underwriting and administrative software, to strengthen automation and risk management for carriers and managing general underwriters (MGUs).

Connexure and Gradient AI to streamline carrier analytics

Gradient AI, a leading enterprise software provider of artificial intelligence (AI) solutions, has partnered with Connexure, a provider of quoting, underwriting and administrative software, to...
Abacus Global Management, a financial services company specialising in alternative asset management and data-driven wealth solutions, has acquired AccuQuote, a leading online life insurance brokerage company.

Abacus buys AccuQuote to enhance digital insurance offering

Abacus Global Management, a financial services company specialising in alternative asset management and data-driven wealth solutions, has acquired AccuQuote, a leading online life insurance...
Nava Benefits, a US-based employee benefits and healthcare technology provider, has unveiled HQ, an AI-powered platform designed to simplify benefits administration for HR teams.

Thrive Capital backs Nava Benefits with $30m round

Nava Benefits, a US-based employee benefits and healthcare technology provider, has unveiled HQ, an AI-powered platform designed to simplify benefits administration for HR teams. The...
Zego, a leading insurtech company transforming motor insurance with flexible, data-driven policies, has renewed its partnership with Clearspeed, the global leader in voice-based risk assessment technology.

Clearspeed and Zego expand voice-based motor insurance solution

Zego, a leading insurtech company transforming motor insurance with flexible, data-driven policies, has renewed its partnership with Clearspeed, the global leader in voice-based risk...

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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