Industry News

business

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.
rebranding-insurance-claims-modernising-antiquated-process

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.

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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