Cybercrime’s toll on global business to skyrocket to $10.5tn by 2025
Despite threats posed by the emergence of new technologies such as AI, global business leaders' focus on cyber risk seems to be waning.
Hourly.io teams up with Nationwide to revamp workers’ comp with real-time data
Hourly.io, an ambitious startup aimed at revolutionising the workers' comp landscape for businesses employing hourly and mobile workers, has forged a strategic partnership with Nationwide, a prominent provider of insurance and financial services.
Prudential and Nayya: A Strategic Partnership Boosting AI-Powered Benefits Decisions
Prudential Financial, a leading global financial services leader, and Nayya, a pioneer in the benefits experience platform, have announced a strategic partnership. This alliance aims to utilise artificial intelligence and data science to enhance the decision-making process of employees regarding workplace benefits.
Distributed Ventures earmarks $100m for InsurTech, FinTech, and HealthTech investments
Early-stage venture capital firm, Distributed Ventures, has just made a big splash with the conclusion of its initial fund under the company's name. This firm, with its focus on InsurTech, FinTech, and HealthTech ventures, is making waves in the sector with its innovative approach to early-stage investments.
Certificial reels in $15m in latest funding round led by Nyca Partners
Certificial, creator of the Smart COI Network, pioneers in the field of business insurance monitoring, have confirmed the acquisition of $15m of funding led by Nyca Partners.
Akur8 partners with Canal Insurance for state-of-the-art Risk and Rate Modelling
Akur8, the creator of next-generation insurance pricing solutions employing transparent machine learning, has teamed up with Canal Insurance Company, a leading commercial insurance provider.
The rebranding of insurance claims: how insurers are modernising a once antiquated process
Insurers are finding themselves on the cusp of an innovative overhaul, specifically with regard to the claims journey - a process historically plagued by complex systems and lack of transparency, but now being redefined by advancing technology and evolving customer expectations.
Simply Business teams up with Cerity to boost digital-first workers’ compensation insurance
Simply Business, a Boston-based digital insurance firm catering to small businesses, has declared a new collaboration with Cerity, a leading provider of digital-first, direct-to-consumer workers' compensation insurance policies.
Fortegra and Rockwood collaborate to launch tailor-made insurance products for financial institutions
Fortegra Specialty Insurance Company (FSIC), a branch of The Fortegra Group, and Rockwood Programs have announced the creation of bespoke management and professional liability insurance products.
InsurTech firm Sigo Seguros secures $5.1m in a pre-Series A funding round
Sigo Seguros, a rapidly expanding InsurTech company renowned for its Spanish-first approach, delivers auto insurance services predominantly for immigrant and working-class communities.