Industry News

Northern Reinsurance announces new $75M committed capital raise

Northern Reinsurance announces new $75M committed capital raise

Northern Reinsurance SPC, a balance sheet reinsurer based in New York and Cayman, has successfully increased its committed capital by securing an additional $50m in funding.
Akur8’s transparent AI revolutionises InsurTech in Latin America

Akur8’s transparent AI revolutionises InsurTech in Latin America

Akur8, renowned for its cutting-edge insurance pricing solutions, is making significant strides in Latin America.
Seedly launches latest travel insurance offering

Seedly launches latest travel insurance offering

Seedly, a MoneyHero Group company, has unveiled an innovative travel insurance product which is designed to be ideal for everyone.
AXA

AXA UK and Synectics Solutions team up to combat insurance fraud

AXA UK, a leading insurance provider, is joining forces with Synectics Solutions, an expert in fraud prevention.
Smart

How Smart Communications and Guidewire are transforming P&C insurance

Smart Communications and Guidewire have celebrated surpassing 120 mutual customers, a testament to their successful partnership.
Smart

Smart Communications makes CEO and executive chairman appointments

Smart Communications, annenterprise renowned for enhancing business-customer dialogues, heralded significant leadership shifts.
Intangible asset insurance: The new frontier in tech protection

Intangible asset insurance: The new frontier in tech protection

in the latest podcast from hyperexponential, CFC Underwriting’s Michael Brunero explores insuring emerging technologies and intellectual property.
The future of reinsurance: Technology and skills gap in focus

The future of reinsurance: Technology and skills gap in focus

The state of reinsurance pricing in 2023 is under scrutiny. With the landscape of risks evolving at an unprecedented pace, reinsurers are facing significant barriers to optimally underwriting risks. A staggering 70% of underwriters acknowledge that this rapidly changing environment presents the greatest challenge to their ability to underwrite risks effectively.
Elevating insurance pricing models: Akur8 introduces derivative lasso for actuarial precision

Elevating insurance pricing models: Akur8 introduces derivative lasso for actuarial precision

In the realm of actuarial science, Akur8 has made a significant stride with the release of their latest research paper titled "Derivative Lasso: Credibility-Based Signal Fitting for GLMs."
Corvus

Travelers to enhance cyber insurance capabilities with $435m Corvus acquisition

Travelers, a leading insurance provider has entered into a definitive agreement to acquire cyber InsurTech firm Corvus for $435m.

News Stories

The rapid expansion of AI-driven actuarial platforms is forcing InsurTech firms to rethink how they operate internally. As companies scale across markets, adding customers, products and teams in different geographies, operational complexity increases quickly. Data visibility, coordination between offices and the integration of new technologies all become critical factors in maintaining momentum.

Scaling Akur8: how the firm is building for global growth

The rapid expansion of AI-driven actuarial platforms is forcing InsurTech firms to rethink how they operate internally. As companies scale across markets, adding customers,...

LEEO unveils telematics-powered fleet insurance product

Commercial auto insurance MGA LEEO has launched a new telematics-powered insurance product designed to more closely link fleet driving behaviour with insurance pricing and...
Soter Insure has launched an Ethereum-denominated slashing insurance product, developed with Galaxy Digital, designed to protect institutional participants in the digital asset staking ecosystem.

Soter launches Ethereum slashing insurance product

Soter Insure has launched an Ethereum-denominated slashing insurance product, developed with Galaxy Digital, designed to protect institutional participants in the digital asset staking ecosystem. The...
CoverGo has deployed its Intelligent Document Processing (IDP) AI Agent for Generali Hong Kong, automating health insurance claims handling to improve processing speed, accuracy and customer experience.

Generali Hong Kong adopts CoverGo AI claims automation

CoverGo has deployed its Intelligent Document Processing (IDP) AI Agent for Generali Hong Kong, automating health insurance claims handling to improve processing speed, accuracy...
InsurTech Heathos has launched a unified life insurance platform designed to integrate life cover into the same operational environment agencies already use for health and supplemental products.

Heathos expands platform to simplify life insurance distribution

InsurTech Heathos has launched a unified life insurance platform designed to integrate life cover into the same operational environment agencies already use for health...
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