Industry News

CyFi

Intangic MGA revolutionises cybersecurity with new CyFi dashboard

Intangic MGA, a data science-focused MGA, has announced the launch of a cutting-edge early warning tool, the Intangic CyFi Dashboard.
Speed or quality: The AI dilemma disrupting the insurance sector

Speed or quality: The AI dilemma disrupting the insurance sector

In the dynamic landscape of insurance, artificial intelligence (AI) has emerged as a game-changing element. The central subject of many debates at recent forums, such as the #everywoman insurance forum, is an AI-powered chatbot, Chat-GPT. InsurTech company distriBind has explored the role of ai and chatbots in insurance. 
Blink

Blink Parametric and GetCover revolutionise travel insurance with real-time solutions

Blink Parametric has partnered with Newpoint's GetCover.com, a pioneer of online direct-to-consumer travel insurance.
WTW

WTW introduces revamped Cyber Quantified model to change risk management strategies

Willis Towers Watson (WTW), a leading global advisory and broking firm, has launched its advanced Cyber Quantified model.
ESG

Greater Than’s AI amplifies eDriving’s ESG commitment with EcoDrive feature launch

Greater Than, a provider of driver crash probability has announced a collaborative venture with its partner eDriving.

Insurance giant Generali bolsters presence in Europe with $2.5bn Liberty Seguros acquisition

Liberty Mutual Insurance, a global provider of various insurance products and services, has confirmed a definitive agreement to sell its Madrid-headquartered personal lines and small commercial insurance business, Liberty Seguros, S.A., to Generali Group.
kin-home-insurance-alabama-catastrophe-prone

Tech-savvy insurer Kin brings relief to catastrophe-prone Alabama

Kin, a direct-to-consumer home insurance company, announced its latest expansion into Alabama.

Bolstering growth: CAC Group supercharges financial capabilities through expanded syndicated loan

CAC Group, a comprehensive insurance brokerage enterprise incorporating CAC Specialty, Cobbs Allen, and Dorset Peak, has broadcast the successful enlargement of its syndicated loan facility, supported by Wintrust Financial Corporation, alongside contributions from Synovus and JPMorgan Chase.

MetLife and Lyra Health join forces for better workforce mental health solutions

MetLife, a key player in disability and absence management services, and Lyra Health, a top contender in the sphere of global workforce mental health solutions, are teaming up.

TransUnion and Truework embark on strategic partnership to optimise income verification

TransUnion, a global information and insights company, has unveiled a strategic partnership with Truework, a front-runner in the provision of verification of income and employment (VOIE) services in the US.

News Stories

Cyber risk analytics firm KYND has warned insurers that lawsuits linked to routine website tracking practices in the US are rising sharply, creating a new and potentially scalable source of liability across SMB portfolios.

KYND flags growing website privacy litigation risk for insurers

Cyber risk analytics firm KYND has warned insurers that lawsuits linked to routine website tracking practices in the US are rising sharply, creating a...
WTW has announced a restructuring of its Insurance Consulting and Technology operations in EMEA, creating dedicated property and casualty (P&C) and life businesses to strengthen expertise and accelerate innovation.

WTW revamps EMEA insurance consulting structure

WTW has announced a restructuring of its Insurance Consulting and Technology operations in EMEA, creating dedicated property and casualty (P&C) and life businesses to...
Embedded insurance platform Qover has secured a $12m growth capital facility from CIBC Innovation Banking, bringing its total funding since launch to more than $100m.

Qover extends funding with $12m CIBC growth facility

Embedded insurance platform Qover has secured a $12m growth capital facility from CIBC Innovation Banking, bringing its total funding since launch to more than...
The growing importance of agile pricing in consumer lending

The growing importance of agile pricing in consumer lending

Lending markets are moving at a faster pace than many institutions are used to. Interest rates shift frequently, competitors adjust offers more often, and...
Actuarial teams have long relied on a patchwork of tools to manage pricing, reserving and regulatory reporting. Models are built in one system, rate assets stored in another and final decisions are often implemented through entirely separate processes.

Inside the product strategy shaping Akur8’s actuarial platform

Actuarial teams have long relied on a patchwork of tools to manage pricing, reserving and regulatory reporting. Models are built in one system, rate...
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