FinTech News

Pivix Specialty Insurance Services, a managing general agency specialising in excess and surplus lines, has partnered with Canopius US Insurance to enhance insurance offerings in the wholesale distribution market.

Canopius and Pivix unite to streamline commercial property insurance access for wholesale brokers

Pivix Specialty Insurance Services, a managing general agency specialising in excess and surplus lines, has partnered with Canopius US Insurance to enhance insurance offerings in the wholesale distribution market.
Prudential Hong Kong, a leading life insurance provider in Hong Kong, has launched MedScreen+, a digital underwriting tool designed in partnership with Reinsurance Group of America. 

Prudential Hong Kong and RGA partner to launch MedScreen+ for faster digital underwriting

Prudential Hong Kong, a leading life insurance provider in Hong Kong, has launched MedScreen+, a digital underwriting tool designed in partnership with Reinsurance Group of America. 
ZestyAI and Donegal Insurance Group have partnered on an initiative that enhances property risk evaluation within Donegal’s Personal Lines policies through ZestyAI’s new Roof Age solution.

Donegal Insurance leverages ZestyAI’s Roof Age solution for enhanced property risk evaluation

ZestyAI and Donegal Insurance Group have partnered on an initiative that enhances property risk evaluation within Donegal’s Personal Lines policies through ZestyAI’s new Roof Age solution. The collaboration...
Global commercial insurance rates shockingly experienced their first decline in seven years, according to the Global Insurance Market Index released today by Marsh.

Global commercial insurance rates experience first decline in seven years

Global commercial insurance rates shockingly experienced their first decline in seven years, according to the Global Insurance Market Index released today by Marsh.
The California Joint Powers Insurance Authority has selected Risk Control Technologies (RCT) to modernise and enhance its loss control and risk management processes.

California JPIA selects Risk Control Technologies to bolster its loss control processes

The California Joint Powers Insurance Authority has selected Risk Control Technologies (RCT) to modernise and enhance its loss control and risk management processes.
Inspectify, a Seattle-based property inspection and underwriting platform, has raised $5.26m in a funding round led by Munich Re Ventures.

Inspectify raises $5.26m to drive innovation in property risk assessment

Inspectify, a Seattle-based property inspection and underwriting platform, has raised $5.26m in a funding round led by Munich Re Ventures.
Aurora Insurance, a London-based digital insurance platform, has secured seed funding from QBE Ventures, as it aims to develop cutting-edge solutions within the commercial insurance sector.

London-based digital insurance platform Aurora raises seed funding from QBE Ventures

Aurora Insurance, a London-based digital insurance platform, has secured seed funding from QBE Ventures, as it aims to develop cutting-edge solutions within the commercial insurance sector.
Valon, a trailblazer in mortgage technology, has successfully secured $100m in a Series C funding round.

Valon secures $100m in Series C to transform the mortgage industry

Valon, a trailblazer in mortgage technology, has successfully secured $100m in a Series C funding round.
Chubb, a global leader in property and casualty insurance, has appointed Tim Benson as its new executive vice president, multinational insurance leader, effective October 30.

Chubb strengthens multinational insurance division with new hire

Chubb, a global leader in property and casualty insurance, has appointed Tim Benson as its new executive vice president, multinational insurance leader, effective October...
Iress, a leading technology provider for the financial services industry, and Zurich, a prominent global insurer, have announced a partnership to enhance the quotation process for life insurance products on Iress’s The Exchange platform.

Iress and Zurich partner to refine life insurance premium accuracy

Iress, a leading technology provider for the financial services industry, and Zurich, a prominent global insurer, have announced a partnership to enhance the quotation process for life insurance products on Iress’s The Exchange platform.

News Stories

EQT agrees $2bn deal for McGill and Partners

EQT agrees $2bn deal for McGill and Partners

McGill and Partners, a technology-enabled specialty (re)insurance broker, has agreed to be acquired by EQT in a deal valuing the business at $2bn. The transaction...
Can actuaries trust AI models?

Can actuaries trust AI models?

InsurTech firm Akur8 is taking a controlled approach to AI adoption in insurance: if using AI for actuarial work is possible and even necessary...
Capricorn Mutual completes Duck Creek platform go-live

Capricorn Mutual completes Duck Creek platform go-live

Aggne, a Wipro company and insurance technology services provider, has confirmed the successful go-live of Capricorn Mutual, the member-owned risk protection organisation, on Duck...
Why rating engines are becoming insurers' decision hub

Why rating engines are becoming insurers’ decision hub

Pricing technology is moving beyond its traditional home in actuarial and underwriting teams. Rating engines are increasingly being used by marketing, innovation and product...
AML

Why underwriting data holds the key to spotting AML risk

Insurance houses across South Africa are pouring money into anti-financial crime tools, yet heavy spending alone is not solving the problem. Effectiveness, particularly at...
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