Industry News

Optimizing Cloud Spend - The changing tides of cloud computing

Optimizing Cloud Spend – The changing tides of cloud computing

The turbulent financial market is forcing companies to increase the scrutiny of their budgets. Rather than simply allowing hype to dictate their spending, firms are starting to see whether their initiatives are generating enough value. One of the areas that could be on the chopping block is public cloud, according to Joel Berwitz - Managing Consultant at technology transformation company CNNECT.
Excel, insurance, reinsurance, pricing tools, actuaries, underwriting, rating tools, data analysis, Python, software ecosystem, data strategy, integrated data, feedback mechanisms, manual intervention, automated pricing tools

Why Excel no longer makes the cut in modern insurance pricing

The insurance sector is grappling with a pricing tool dilemma. A significant 81% of insurers express doubts regarding the effectiveness of their current pricing technologies. One of the main culprits? Excel.
Generali

Generali Ventures commits €250m to boost FinTech and InsurTech sectors

Generali has kickstarted its latest venture capital initiative aiming to bolster innovation and identify fresh market opportunities.
insurance

Insurance Authority collaborates with ICAC to combat insurance industry corruption

The IA, a regulatory body overseeing the insurance sector in Hong Kong and the ICAC have entered into an agreement.
Inclusivity

Goodwell backs InsurTech Inclusivity Solutions with $1.5m extension round

Inclusivity Solutions, an award-winning InsurTech, has successfully concluded an extension round of investment.
Kota

Kota seals €5m funding to revamp employee benefits platform

Kota, an integrated platform aiming to streamline insurance and retirement benefits for contemporary teams, has secured €5m.
Smart

Smart Communications powers Mountain West’s leap to cloud customer experience

Mountain West Farm Bureau and its subsidiary 360 Insurance Company have joined forces with Smart Communications.
The insurance evolution: How delegated authority relies on fast data exchange

The insurance evolution: How delegated authority relies on fast data exchange

There's been a noteworthy shift within the insurance sector. The catalyst for this shift? The ever-growing importance and sheer volume of data.
QBE

QBE and Novidea join forces to supercharge insurance processes in Canada

Insurance firm QBE Canada has recently linked with Novidea, renowned for its cloud-based insurance management platforms.
Streamlining group benefits communication: Key innovations & strategies

Streamlining group benefits communication: Key innovations & strategies

In the rapidly evolving world of group benefits, companies are doubling down on strategies that enhance their interactions and boost operational efficiency. Especially during the peak seasons, these firms are navigating a maze of challenges, with effective communication emerging as a paramount concern.

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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