Industry News

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.
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.

News Stories

AI accountability drives insurance trends in Q1 2026

The broad predictions made for insurance in 2026 have largely held up. But according to analysis from Tietoevry, the story emerging from the first...
Insurance pricing modernisation is often framed as a technology problem, but in reality, it is increasingly a leadership and operating model challenge. The organisations that succeed are not necessarily those that invest the most in systems, but those that are able to rethink how pricing is structured, prioritised and embedded across the business.

Why insurers are rethinking how pricing is structured

Insurance pricing modernisation is often framed as a technology problem, but in reality, it is increasingly a leadership and operating model challenge. The organisations...
Aon, the global professional services and insurance brokerage firm, has expanded its Claims Copilot platform across North America, Asia Pacific and several countries in the EMEA region as part of a wider push to strengthen data-led claims management capabilities.

Insurance giant Aon rolls out Claims Copilot globally

Aon, the global professional services and insurance brokerage firm, has expanded its Claims Copilot platform across North America, Asia Pacific and several countries in...
insured.io, an InsurTech company specialising in omnichannel customer experience technology for insurers, has launched a new AI-powered virtual claims agent designed to automate the First Notice of Loss (FNOL) process across voice and chat channels.

insured.io rolls out omnichannel Claims AI solution

insured.io, an InsurTech company specialising in omnichannel customer experience technology for insurers, has launched a new AI-powered virtual claims agent designed to automate the...
Outmarket AI, an InsurTech company developing AI software for insurance brokers and agencies, has raised $17m in a Series A funding round led by Permanent Capital Ventures.

Outmarket AI lands $17m to expand insurance platform

Outmarket AI, an InsurTech company developing AI software for insurance brokers and agencies, has raised $17m in a Series A funding round led by...
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