Industry News

Gen

Gen AI ranks second in top emerging risks for Q2 2023, Gartner finds

Generative AI has made its mark as a principal concern among enterprise risk executives in Q2 2023, based on Gartner's latest report.
Howden

Specialist broker Howden launches blended insurance policy

Howden, renowned for its innovative insurance solutions and speciality expertise, has launched a blended insurance product.
NeuralMetrics

NeuralMetrics unveils Lessor’s risk data solution for efficient underwriting

NeuralMetrics, headquartered in Denver, has added Lessor’s Risk Only (LRO) capabilities to its risk-quality data platform.
Resilience

Cyber risk platform Resilience secures $100m to bolster global expansion

Resilience, a cyber company focused on transforming the way enterprises assess and manage cyber risk, has bagged $100m in a Series D. 

Novidea to help brokers deal with Lloyds’ CDR digital revolution 

Novidea has launched a platform designed to help brokerages deal with the digital revolution started by Lloyds’ implementation of the Core Data Record (CDR). 
Modives has announced a strategic partnership with Bindable aimed at providing a myriad of features designed to enhance property management and support owner-landlords via the Modives business solution.

NEXT Insurance unveils umbrella/excess liability coverage for SMEs

NEXT Insurance, a digital small business insurer, has launched its commercial umbrella/excess liability coverage.
Jerry

Jerry’s AI-powered revolution in car insurance accelerates with $110m raise

Jerry, a service known for its PriceProtect technology that helps car owners find optimal insurance rates, has doubled its offerings.
Mosaic

InsurTech firm Mosaic secures strategic growth investment

Specialty insurer, Mosaic Insurance, has secured strategic investment from two prominent US growth-capital providers. Although the exact amount of investment hasn't been disclosed, the agreement...

Tiger Brokers launches industry’s first AI chatbox 

Tiger Brokers has announced the launch an AI chatbox which has been deemed the first of its kind across the brokerage industry.
QBE

QBE North America and Converge launch cyber insurance program

QBE North America has launched a new cyber insurance program with Converge, a new MGA that will act as program administrator. 

News Stories

Faye raises $50m to power autonomous travel care

Faye raises $50m to power autonomous travel care

Faye, the AI-powered travel protection platform recognised as a TIME Best Invention and named a top provider by The Wall Street Journal, has closed...
Why insurance personalisation is still stuck in the data gap

Why insurance personalisation is still stuck in the data gap

Insurers have invested significantly in customer data, segmentation and behavioural analytics to improve engagement. However, many still face challenges when turning those insights into...
Octave taps Cytora technology for new MGA launches

Octave taps Cytora technology for new MGA launches

Cytora, an AI-powered risk processing platform for commercial insurers, has entered a partnership with Octave Specialty Group, a specialty insurance platform that builds, buys...
Plaid and Sierra unlock AI-powered financial workflows

Plaid and Sierra unlock AI-powered financial workflows

Plaid, a financial technology company that enables consumers to securely connect their financial accounts with apps and services, has partnered with Sierra, an AI...

Angelica Solutions adds pricing expert Illingworth

Angelica Solutions, the UK insurance consultancy specialising in data-driven and actuarial solutions for insurers, MGAs and InsurTechs, has appointed Amy Illingworth as a senior...
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