Company News

Why should insurance firms adopt agentic AI?

A broker stares at a half-filled quote form, wondering why it hasn’t progressed. A policyholder checks the claim status for the fifth time, frustrated...
Markel Insurance, the insurance operations within Markel Group Inc., has expanded its Canadian offerings with the launch of Cyber 360 Canada, Tech 360 Canada, and Fintech 360 Canada policies, now available on a primary basis.

Markel launches tailored insurance solutions for Canadian tech space

Markel Insurance, the insurance operations within Markel Group Inc., has expanded its Canadian offerings with the launch of Cyber 360 Canada, Tech 360 Canada,...
Google, the global technology giant, has announced the launch of a new device protection program, Pixel Care+.

Google launches Pixel Care+ device protection

Google, the global technology giant, has announced the launch of a new device protection program, Pixel Care+. The launch of Pixel Care+ comes as Google...
Sompo Holdings, a major Japanese insurance group, will acquire Aspen Insurance Holdings Limited, a leading global specialty insurer and reinsurer, in a $3.5bn transaction.

Sompo to acquire Aspen Insurance for $3.5bn

Sompo Holdings, a major Japanese insurance group, will acquire Aspen Insurance Holdings Limited, a leading global specialty insurer and reinsurer, in a $3.5bn transaction. The...
COVU, the AI-native operating system for insurance, has raised $16m in fresh capital through a mix of equity and growth financing, bringing the company’s total funding to approximately $50m.

AI-native InsurTech COVU secures $16m to boost growth

COVU, the AI-native operating system for insurance, has raised $16m in fresh capital through a mix of equity and growth financing, bringing the company’s...
ZestyAI, the provider of AI-driven property risk analytics, and Steadily, a fast-growing rental property insurer, have expanded their partnership to enhance underwriting with advanced hail and wind risk models.

Steadily scales ZestyAI tech to strengthen property underwriting

ZestyAI, the provider of AI-driven property risk analytics, and Steadily, a fast-growing rental property insurer, have expanded their partnership to enhance underwriting with advanced...
The insurance sector in Brazil is undergoing a profound transformation. Premium revenue surpassed R$ 663 bn in 2023, and analysts predict that this double-digit growth trend is likely to continue over the coming years. But the shift isn’t just about numbers—it signals a broader rethink of how insurers operate, particularly in the way they approach pricing, according to Akur8.

Why Brazil’s insurance pricing needs a major rethink

The insurance sector in Brazil is undergoing a profound transformation. Premium revenue surpassed R$ 663 bn in 2023, and analysts predict that this double-digit growth trend...
McKenzie Intelligence Services (MIS), a leader in geospatial intelligence, and Eagleview, a trailblazer in geospatial technology, have announced a strategic collaboration aimed at enhancing the insurance industry’s ability to respond to North American catastrophes.

MIS and Eagleview partner to transform catastrophe response

McKenzie Intelligence Services (MIS), a leader in geospatial intelligence, and Eagleview, a trailblazer in geospatial technology, have announced a strategic collaboration aimed at enhancing...
OneShield has launched the OneShield AI Hub, marking what the company describes as the industry’s first centralised environment for the secure development, deployment, and governance of artificial intelligence solutions specifically tailored to the insurance ecosystem.

OneShield launches AI Hub to transform insurance operations

OneShield has launched the OneShield AI Hub, marking what the company describes as the industry’s first centralised environment for the secure development, deployment, and...
Sixfold, a leading underwriting AI company, specialising in Life & Health (L&H) insurance solutions, has announced a significant upgrade to its L&H product with the introduction of Condition-Based Insights and Core Clinical Data, designed to transform underwriting processes.

Sixfold launches condition-based insights for life & health underwriting

Sixfold, a leading underwriting AI company, specialising in Life & Health (L&H) insurance solutions, has announced a significant upgrade to its L&H product with...

News Stories

Everest continues insurance portfolio shift with Mexico business sale

Everest continues insurance portfolio shift with Mexico business sale

Everest Group, a Bermuda-headquartered specialty reinsurance and insurance provider, has agreed to sell its Mexico insurance business to Fairfax Financial Holdings, as the company...
Why AI built for insurance decisions matters for MGAs

Why AI built for insurance decisions matters for MGAs

Managing general agents (MGAs) have built their position in the insurance market around agility, using specialist knowledge to identify opportunities, enter niche markets, respond...
Earnix names Matthew Twist as VP of sales for EMEA

Earnix names Matthew Twist as VP of sales for EMEA

Earnix, a Dynamic AI for Intelligent Decisioning provider serving the insurance and banking sectors, has named Matthew Twist as its new vice president of...

Guidewire unveils AI agent framework for insurers

Guidewire, the InsurTech platform used by more than 570 insurers across 43 countries, has launched its Agentic Framework as part of its new Qusar...
IKEA taps UK insurance market with Urban Jungle partnership

IKEA taps UK insurance market with Urban Jungle partnership

IKEA, the global home furnishings retailer, has entered the UK home insurance market through a partnership with InsurTech provider Urban Jungle, a UK-based InsurTech...
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