Industry News

Redefining management by exception in InsurTech

Redefining management by exception in InsurTech

In a 2019 conference panel discussion, the CEO of distriBind made an insightful statement about data management in insurance: "In a bordereaux world, you have to touch 100% of the data." This motto continues to drive the company's mission of removing friction and manual labour in delegated authority within the insurance sector.
Deep learning vs machine learning: What's the real difference?

Deep learning vs machine learning: What’s the real difference?

AI's evolution has brought to the forefront two key terms: Deep Learning and Machine Learning. Are they the same, or do they represent distinct facets of AI? Ushur, a customer experience automation company, has explored the difference between the two. 
Fortitude

Fortitude Re welcomes Ming Zhang and Andrew Sooboodoo in pivotal roles

Fortitude Re has named Ming Zhang as their new Chief Risk Officer and Andrew Sooboodoo as its new Chief Regulatory Officer.
Agora

Stop loss insurance gets a boost with QBE North America’s Agora program

QBE North America, an influential player in the insurance sector, has unveiled its latest offering: Agora.
The transformation of pricing and underwriting in insurance

The transformation of pricing and underwriting in insurance

Successful pricing and underwriting transformation mandates not just a vivid vision but the sustained momentum to actualise it. This transformation isn't a one-size-fits-all approach; it varies for each business. Yet, the goal remains consistent: refining the process of assessing and insuring risk.
NOW

NOW Insurance garners fresh funding from Arch Capital Group

NOW Insurance, an AI-integrated commercial insurance platform focusing on medical professional liability coverage, has secured funding.
Marsh

Marsh deepens expertise with acquisition of Honan Insurance Group

Marsh is set to acquire Honan Insurance Group, a specialist insurance broker that excels in corporate risk and real estate insurance.

Fize Technology joins HawkSoft’s API partner programme

HawkSoft has announced Fize Technology as its newest API Partner integrated with its insurance platform.
Cytora

Cytora and JETNET link to redefine aviation insurance with enhanced risk insights

Cytora, a leading digital risk processing platform, will collaborat with JETNET, a top provider in aviation market intelligence.
QR

Unlocking the future: How QR code authentication boosts security

Scanbot recently took the opportunity to dig deeper into the topic of QR code authentication and its role in security. 

News Stories

Migrating from on-premises to cloud infrastructure is a major leap for any organisation. This was the case for a Fortune 500 insurer seeking to modernise its operations. Their existing system, which relied on outdated methods and manual processes, was no longer fit to handle the enormous amounts of data generated daily. This transformation involved building a robust, automated platform, transitioning to the cloud, and optimising for efficiency and scalability. Customer software development company Symfa explains how it supported the firm on this journey.

How Symfa helped a Fortune 500 insurer modernise its cloud infrastructure – part one

Migrating from on-premises to cloud infrastructure is a major leap for any organisation. This was the case for a Fortune 500 insurer seeking to modernise its operations. Their existing system, which relied on outdated methods and manual processes, was no longer fit to handle the enormous amounts of data generated daily. This transformation involved building a robust, automated platform, transitioning to the cloud, and optimising for efficiency and scalability. Customer software development company Symfa explains how it supported the firm on this journey.
ZestyAI has partnered with Standard Casualty Company to enhance risk assessment and policyholder collaboration for manufactured home insurance using advanced AI-driven property and climate risk analytics.

ZestyAI and Standard Casualty join forces to innovate property insurance for mobile homes

ZestyAI has partnered with Standard Casualty Company to enhance risk assessment and policyholder collaboration for manufactured home insurance using advanced AI-driven property and climate risk analytics.
HDI Global, a leading provider of industrial insurance, has announced plans to expand its environmental liability insurance offerings to international markets.

HDI Global expands ESG insurance offering with international environmental liability coverage

HDI Global, a leading provider of industrial insurance, has announced plans to expand its environmental liability insurance offerings to international markets. The expansion follows the...
Mulberri, a digital insurance platform focused on innovating business insurance, has joined forces with Qualys in a bid to deliver enhanced cyber insurance offerings.

Qualys partners with Mulberri to transform cyber insurance underwriting

Mulberri, a digital insurance platform focused on innovating business insurance, has joined forces with Qualys in a bid to deliver enhanced cyber insurance offerings.
Duck Creek Technologies, a global provider of intelligent solutions for property and casualty (P&C) and general insurance, has announced the opening of a second Centre of Excellence (CoE) in Warsaw, Poland.

Duck Creek Technologies expands with new centre of excellence in Poland

Duck Creek Technologies, a global provider of intelligent solutions for property and casualty (P&C) and general insurance, has announced the opening of a second Centre of Excellence (CoE) in Warsaw, Poland.

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