Industry News

Why Ostrum AM bet on Ortec’s GLASS and PRISM tools

Ortec Finance, a provider of investment modelling solutions, has been chosen by Ostrum Asset Management, an insurance and institutional investment specialist affiliated with Natixis...
MGAs

Insurance-native AI: the next edge for UK MGAs

The UK's managing general agent (MGA) sector has emerged as one of the standout performers in insurance, frequently beating the wider market across commercial,...
Why insurers can't afford the actuary vs data scientist divide

The hybrid actuarial role reshaping insurance pricing

Insurers face a growing dilemma: machine learning promises sharper pricing, yet models must remain explainable, compliant and commercially viable. According to Akur8, the answer...
How AI can rescue cyber submissions from the black hole

How AI can rescue cyber submissions from the black hole

Commercial insurance is wrestling with a silent crisis that IntellectAI has dubbed the "submission black hole", the unmanaged space inside a carrier's infrastructure where...
video

Why producer onboarding and compliance are critical for insurers

The insurance sector has been battling a prolonged hard market for several years, but the market is shifting and growth is back on the...
Over 80% of MGAs modernising pricing, Optalitix finds

Over 80% of MGAs modernising pricing, Optalitix finds

Optalitix, an underwriting and pricing InsurTech offering a low-code platform for insurers, reinsurers and MGAs, has released new research showing that managing general agents...

Why manual placement is InsurTech’s costliest blind spot

Despite billions of dollars invested in commercial insurance digitisation over the past decade, the wholesale distribution pipeline remains a paradox, according to a new...
Accelerant partners with $220m-backed WoodStar insurer

Accelerant partners with $220m-backed WoodStar insurer

Accelerant, the data-driven risk exchange platform serving the specialty insurance marketplace, has struck a partnership with the newly launched WoodStar Reciprocal Exchange, a carrier...
Weecover targets banks' $1.1tn embedded insurance gap

Weecover targets banks’ $1.1trn embedded insurance gap

Weecover, an InsurTech insurance distribution platform, is deepening its focus on banks and financial institutions with technology built to help organisations modernise, manage and...
Earnix tackles the ML models insurers can't deploy

Earnix tackles the ML models insurers can’t deploy

The most predictive model is not always the one an insurer can actually use, according to a new analytical report from InsurTech firm Earnix. Machine...
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