M&A

Yasmina has raised $2m in seed funding to cement its position as Saudi Arabia’s first embedded InsurTech platform.

Healthcare leaders face a tough choice when it comes to adopting AI. Should they build custom solutions internally using foundational models like ChatGPT and Claude, or should they partner with specialised healthcare AI platforms? This question is central as AI becomes increasingly critical for healthcare operations, and CX specialist Ushur is delving into both sides of the coin.

Aviva, the UK’s leading diversified insurer, has entered a strategic partnership with Sønr, a global market intelligence platform focused on innovation in financial services.

From pricing and reserving to risk assessment and capital modelling, Excel’s ubiquity has made it indispensable. But its limitations are becoming too obvious to ignore, according to to actuarial software firm Akur8. Long the default tool for actuaries, spreadsheets are increasingly being outmatched by the complexity and demands of modern insurance modelling. 

Roamly, a fast-growing InsurTech, has been appointed as a Coverholder at Lloyd’s of London, marking a significant milestone for the company as it expands its authority in the specialised travel and recreational vehicle (RV) insurance markets.