RenaissanceRe acquires Validus Re from AIG in a lucrative $4.5bn deal
American International Group (AIG), a global insurance behemoth headquartered in the US, has announced its decision to divest Validus Re to RenaissanceRe Holdings Ltd.
Sapiens and Microsoft: Pioneering Generative AI for the Insurance Sector
Global software solution provider Sapiens International Corporation, and tech titan Microsoft, have announced a strategic partnership aimed at harnessing the power of generative artificial intelligence (AI) in the insurance industry.
Quebec’s Promutuel Assurance embraces Akur8’s tech for innovative insurance pricing
Promutuel Assurance, one of Quebec's most significant property and casualty mutual insurance carriers, has selected Akur8 for its innovative insurance pricing solution.
The reinsurance property CAT market: A journey towards new equilibrium
Swiss Re, a leading global reinsurance company, together with Swiss Re Institute, its research arm, recently published an extensive report examining the state of the Reinsurance Property Catastrophe (CAT) market.
Travel peace of mind: Volaris and Cover Genius launch strategic partnership
Volaris, an ultra-low-cost Mexican airline that operates within Mexico, the United States, and Central and South America, has forged a strategic partnership with Cover Genius, the renowned InsurTech specialising in embedded protection.
Percipience partners with Coaction Specialty to enhance insurance data analysis
Percipience, an InsurTech data and analytics software provider, and Coaction Specialty Insurance Company (Coaction Specialty), a subsidiary of B Corporation-certified insurance holding company Coaction Global, have partnered.
Synchrono Group Partners with KCC for Advanced Risk Modelling in Insurance Underwriting
Karen Clark & Company (KCC), a pioneer in providing advanced models and innovative software for deeper insights into catastrophe risk, has announced that the Synchrono Group, trading as SynchronoSure, has licensed KCC's comprehensive suite of US catastrophe models.
Atain leverages Sapiens’ technology for P&C insurance process modernisation
Sapiens International Corporation, a gobal software solutions provider for the insurance industry, has partnered with Atain, a leading property and casualty (P&C) insurance company.
Insurity Launches Sure Claims Payments as a Standalone Solution for Seamless Digital Insurance Payouts
Insurity, a premier provider of cloud-based software for insurance carriers, brokers, and MGAs, is set to offer its Sure Claims Payments solution as a standalone product, powered by Dream Payments and connected to J.P. Morgan Payments.
Cambridge Mobile Telematics teams up with the Kiefer Foundation to combat distracted driving
Cambridge Mobile Telematics (CMT), a telematics service provider, and the Kiefer Foundation, an entity focused on ending distracted driving, have announced their continued collaboration.
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