Estafsar and Al Wataniya Partnership Aims to Bolster Egypt’s InsurTech Scene
Estafsar, Egypt's foremost InsurTech provider, and Al Wataniya, an established insurance company in the nation with notable success across diverse insurance categories since 2020, have announced their official partnership.
Blockchain-based reinsurer Re joins hands with VIPR to redefine reinsurance transparency
Re, the innovative reinsurer employing blockchain, has announced a strategic partnership with VIPR Solutions ('VIPR'). This partnership aims to heighten security, streamline processes, and improve transparency by interlinking MGAs, underwriters, and reinsurance brokers with capital on-chain.
Navigating AI risks: MAPFRE pioneers Responsible Artificial Intelligence
Amidst the rapid boom of Artificial Intelligence (AI), its increasing integration into societal structures and business models prompts crucial conversations on technology risks. MAPFRE, a multinational insurance company, has embarked on comprehensive research to understand these risks and to identify measures that could assess, monitor, and mitigate these risks, thereby enabling the deployment of Responsible AI (RAI).
Marsh McLennan’s Guy Carpenter Secures Israeli Market with Re Solutions Purchase
Guy Carpenter, a global leader in risk and reinsurance solutions and a Marsh McLennan business, has announced the completion of its acquisition of Re Solutions, the foremost independent reinsurance broker in Israel. Details of the transaction were not disclosed.
Germania Insurance partners with Guidewire to migrate to cloud for expanded digital capabilities
Germania Insurance, a leading property and casualty (P&C) insurer based in Texas, and Guidewire, a prominent software provider for the insurance industry, have announced Germania's successful migration of their Guidewire InsuranceSuite self-managed environment to Guidewire Cloud.
Husmus secures backing from Google and Innovate UK to tackle housing financial exclusion
Husmus, a trailblazing start-up committed to addressing financial exclusion in the housing sector, has announced the receipt of funding from tech giant Google and British governmental agency Innovate UK.
Cytora and hyperexponential join forces to revolutionise underwriting
Cytora, a digital risk processing platform, and hyperexponential, an innovative pricing decision intelligence firm, have inked a partnership.
AI insurer Lemonade partners with General Catalyst to accelerate growth through Synthetic Agents
New York-based Lemonade, an AI-powered InsurTech firm with a strong emphasis on social impact, recently announced a significant partnership with General Catalyst (GC), a reputable venture capital firm and one of Lemonade's initial backers.
Zendrive and Autio join forces: Changing the game for auto insurance and audio entertainment
Leading driving safety analytics firm, Zendrive, has announced a strategic partnership with Autio, the unique location-based audio entertainment app. This innovative alliance pairs compelling audio stories with the concept of safer driving, delivering a distinctive, engaging experience for drivers on the road.
One Inc Partners with Safety Insurance Group to Transform Claims Payment Experience
One Inc, the premier digital payments network in the insurance sector, has announced its collaboration with Safety Insurance Group (Safety) to revolutionise the customer experience and introduce instant claims payment functionality.
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