Industry News

Hiscox Re rebrands and launches Hiscox Capital Partners

Hiscox Re, the reinsurance arm of the Hiscox group, has rebranded from Hiscox Re & ILS to Hiscox Re and launched Hiscox Capital Partners,...

Unitary expands UK broker automation through BIBA partnership

Unitary, an automation platform helping businesses reduce manual repetitive work without costly, multi-year overhauls, has joined the British Insurance Brokers’ Association (BIBA) as an...

JAB Insurance to enter UK retirement market

JAB Insurance has agreed to buy the life and pensions business of Utmost Group plc, marking its first major expansion into the UK retirement...
Nirvana

AI insurer Nirvana raises $100m to see value surge to $1.5bn

Nirvana Insurance, an AI-native commercial insurer, has secured $100m in a pre-emptive extension to its Series D funding round, pushing its valuation to $1.5bn. The...

M3 Insurance selects SimplePin to overhaul finance operations

M3 Insurance, one of the largest independent insurance brokers and risk management firms in the United States, has chosen the FinTech company SimplePin to...

SageSure appoints John Sence as chief sales officer

SageSure has appointed John Sence as chief sales officer, as the firm looks to deepen its relationship with producers in catastrophe-exposed markets. The appointment brings...
Climate change and European insurance balance sheets

Climate change and European insurance balance sheets

Ortec Finance has published its 2025 update on climate risk for the European insurance industry, following the release of its inaugural assessment last year. The update...
video

What is the current state of risk in the finance and insurance sector?

FinTech Global recently sat down for an interview with Dun & Bradstreet, a US-based provider of commercial data, analytics, and insights for businesses, to find out how financial services and insurance companies are navigating risk in an age of AI, fraud and uncertainty.
Why underwriting workbenches are transforming insurance

Why underwriting workbenches are transforming insurance

For decades, the underwriting process has been slowed by labour-intensive tasks, disjointed systems, and repetitive manual work. Traditional methods often require underwriters to gather information...
Dun & Bradstreet reveals 2025 resilience trends

Dun & Bradstreet reveals 2025 resilience trends

A new survey by Dun & Bradstreet has uncovered how financial services and insurance (FS&I) leaders are confronting rising threats and data challenges while pursuing AI and digital transformation.

News Stories

Guidewire targets AI underwriting with $2.1bn hx deal

Guidewire targets AI underwriting with $2.1bn hx deal

Guidewire is set to expand its AI-driven insurance capabilities through an agreement to acquire hyperexponential, a London-based provider of underwriting and pricing technology, in...
How technology is transforming water risk management

How technology is transforming water risk management

Insurance has always been a reactive industry. An incident happens, and the insurers pays out on the claim. However, with advances in technology, is...
Earnix targets regulatory bottlenecks with AI tools

Earnix targets regulatory bottlenecks with AI tools

Earnix has introduced a new set of AI and automation capabilities aimed at helping insurers simplify regulatory filings, improve oversight of decision-making models and...
Quensus warns of winter water damage risks in vacant new-builds

Quensus warns of winter water damage risks in vacant new-builds

Vacant and partly occupied developments face heightened escape-of-water risks during the UK winter, when frozen pipes, faulty fittings and commissioning errors can cause extensive...
ARC launches portfolio credit insurance with $100m limits

ARC launches portfolio credit insurance with $100m limits

Applied Risk Capital (ARC), part of Amwins, has introduced a Portfolio Credit insurance programme designed to protect lenders and investors against non-payment across diversified...
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