FinTech News

Sompo, an established insurer in the UK, has recently introduced a bespoke insurance product designed for middle-market clients.

Duck Creek Technologies, the intelligent solutions provider shaping the future of property and casualty (P&C) and general insurance, is set to strengthen its APAC (Asia-Pacific) presence through a new leadership appointment.

Sentry Insurance, a leading mutual insurance group, has partnered with Falvey Insurance to offer admitted and non-admitted cargo capacity to Falvey’s broker partners.

Quantee, a leading InsurTech firm, is set to enhance Zurich Insurance Company‘s pricing strategies through a new partnership, by leveraging its next-generation pricing platform.

Everest has announced that it has received regulatory approval from the Comisión Nacional de Seguros y Fianzas to operate in Mexico.

1Fort, a leading VC-backed InsurTech, has announced the launch of its cutting-edge AI platform that enables brokers to instantly quote from leading specialty markets.

Marsh McLennan Agency, a subsidiary of Marsh, has announced the acquisition of Perkins Insurance Agencies, an independent agency based in Abilene, Texas.

Ascend has announced a strategic partnership with Mylo to advance the modernisation of the insurance industry’s financial infrastructure.

Motor claims processing has become a crucial component of the insurance industry due to its high volume, significant impact on customer satisfaction, and financial implications. With the frequent occurrence of vehicle-related incidents, insurers must efficiently manage numerous claims to maintain operational effectiveness. The speed and accuracy of claims handling directly influence customer satisfaction and loyalty – and Generative AI may be the future, as Simplifai explains.

Bowhead Specialty, a provider of casualty and professional liability products, has announced its deployment of Kalepa’s Copilot underwriting platform to utilise its advanced AI for improved risk selection and optimal customer experience.