Insureon taps LIO to tackle small-business specialty insurance gaps
Insureon, a digital agency for small business insurance and part of HUB International, has partnered with LIO Insurance to expand digital access to specialty...
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?
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
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
Pricing technology is moving beyond its traditional home in actuarial and underwriting teams. Rating engines are increasingly being used by marketing, innovation and product...
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...
Wildfire data model drives new California cover
DUAL North America, a specialty programme administrator, Kingstone Companies, a Northeast-focused property insurer, and Windward Risk Managers, a Florida-based risk manager, have each launched...
ManyPets debuts UK’s first ChatGPT insurance plugin
ManyPets, a UK pet insurance provider offering Lifetime cover and an AI-powered claims service, has become the first UK specialist pet insurance provider to...
RateZip brings real-time pricing data to ChatGPT
RateZip, an independent US consumer rates platform that compares savings, deposit, mortgage and lending rates, has launched a live rates service inside ChatGPT, giving...
Insurers struggle to turn AI into action
Insurers are investing heavily in artificial intelligence across pricing, underwriting, claims, risk assessment and customer engagement. Yet as AI models become more sophisticated, the...
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