Industry News

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Rising inflation and its impact on insurance pricing: coping strategies for actuaries

Rising inflation rates are presenting an immense challenge to insurance companies globally. In this high-inflation environment, insurers face escalating costs and have the daunting task of predicting the influence of future inflation on their business, while setting prices today.
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InsurTech-as-a-service platform unveiled by Gainbridge

Gainbridge Insurance Agency, a distinguished part of Group 1001, recently publicised its forthcoming business-to-business (B2B) "insurance-as-a-service" platform.
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Talanx secures top spot in Latin American insurance sector through Liberty Mutual acquisition

Talanx Group, a significant European insurance entity, has cemented its position as one of the leading insurers in Latin America through the purchase of Liberty Mutual Insurance.
reimagining-digital-transformation

Reimagining digital transformation: the strategic approach by Ushur

Simha Sadasiva, CEO and founder of AI-powered customer experience automation platform, Ushur, unveils a novel perspective on digital transformation, arguing for a customer-centric, gradual and cost-effective approach to modernisation.
sompo-expands-global-presence-candian-branch

Sompo International expands global presence with new Canadian branch

Sompo International, recognised globally as a leader in commercial and consumer property and casualty (re)insurance, recently announced its first foray into Canada with the inauguration of a new office in Toronto.
Harnessing data and analytics: A game changer in the insurance industry

Harnessing data and analytics: A game changer in the insurance industry

In the realm of insurance, data and analytics aren't newcomers. However, the surge of digital technologies and the rise in both structured and unstructured...
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Mulberri unveils AI-powered Risk Engine, revolutionising workers’ compensation underwriting

Mulberri, an innovative artificial intelligence (AI)-driven embedded insurance platform, has introduced the Risk Engine, a risk assessment solution specifically designed for workers' compensation underwriters.
Majesco-property-insurers-insights

Closing the gap: Majesco report outlines growth potential for property insurers

Global cloud insurance software solutions provider, Majesco, has revealed the potential for growth in property insurance through its new report, 'Bridging the Customer Expectation Gap: Property Insurance'.
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Ethos Broking strengthens cyber insurance capabilities through strategic partnership with KYND

Ethos Broking, a UK-based network of community brokers under the Ardonagh Group, has partnered with KYND, the next-generation provider of cyber risk management technology.
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Trisura supports Argo’s transformation of its surety business in new partnership

Argo Group International Holdings (Argo), a multinational underwriter of specialty insurance and reinsurance products, has announced an immediate partnership with Trisura Group, a North American specialty insurance provider.

News Stories

Producerflow launches partner portal for carriers

Producerflow, an insurance distribution management software company, has launched Partner Portal, a new self-service workspace aimed at transforming how insurance carriers work with their...

IntellectAI’s Magic Placement cuts quote workloads by 60%

Processing insurance quotes has long been one of the most time-consuming and error-prone tasks facing commercial brokers. IntellectAI is looking to change that with its...

Why insurers fail when actuaries work in silos

Building a high-performing pricing model is a significant achievement for any actuarial team, but it is only the beginning. According to Akur8, the real challenge...
AXA XL and Deloitte team up on cyber risk prevention

AXA XL and Deloitte team up on cyber risk prevention

AXA XL, a global commercial insurance and risk management provider, has announced a strategic partnership with professional services firm Deloitte to deliver expanded cybersecurity...
Wrisk adds Ageas UK to its motor insurance panel

Wrisk adds Ageas UK to its motor insurance panel

Ageas UK, a personal lines insurer, has joined the motor insurance panel of Wrisk, an original equipment manufacturer (OEM) InsurTech specialist, in a new...
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