Root Inc refinances $200m term loan facility with BlackRock to boost financial flexibility
Root, the Columbus, Ohio-based parent company of Root Insurance Company, has announced a successful refinancing of its term loan facility.
The capital was supplied by...
Applied Underwriters takes on the space insurance market with new leadership
Applied Underwriters Aerospace, a division of Applied Underwriters, is making a strategic move to expand its footprint in the space insurance market.Applied Underwriters Aerospace, a division of Applied Underwriters, is making a strategic move to expand its footprint in the space insurance market.
Nasdaq’s AI integration streamlines risk management for banks and insurers
Nasdaq has unveiled an machine learning methodology designed to revolutionize risk calculations and predictive analytics in the financial industry.
Kalepa’s AI copilot set to propel Bishop Street underwriters into future of InsurTech
Bishop Street Underwriters, owned by RedBird Capital Partners, collaborates with InsurTech pioneer Kalepa to leverage innovative AI technologies for enhancing underwriting decisions.
Pouch Insurance unleashes multilingual AI tool
Pouch Insurance, leveraging the capabilities of the INSTANDA no-code insurance platform, has introduced a pioneering AI assistant named 'Goodie'.
Fuse Fleet launches Australia’s first fleet ESG reporting tool with AI
Fuse Fleet, a pioneering Australian insurance provider, has introduced the nation's first ESG reporting tool tailored for fleets, leveraging advanced AI technology from data analytics firm Greater Than.
The strategic advantage of unified loss control and policy admin systems
In the competitive world of insurance, the profitability of underwriting is closely linked to informed decision-making that efficiently mitigates risks and optimizes loss ratios. Traditional barriers, primarily the compartmentalisation of data, often hinder this objective.
Six ways tech is revolutionising M&A for insurers
Mergers and acquisitions (M&A) have long been pivotal strategies for growth within the insurance sector, enabling firms to expand their market presence, enter new territories, and secure competitive advantages.
Maximising retention and safety in insurance with service-oriented strategies
The insurance sector is witnessing a paradigm shift as carriers move beyond conventional loss control surveys to embrace service-oriented strategies. This evolution is fueled...
Howden, FullCircl team to boost client experience and streamline compliance costs
Howden, a global insurance intermediary group, has joined forces with FullCircl, a software provider specialising in accelerating growth for insurance brokers while embedding compliance seamlessly.