Partnerships

Eastern Alliance Insurance Group, a wholly-owned subsidiary of ProAssurance Corporation, has partnered with CLARA Analytics to optimise insurance claims through the use of AI.

Eastern Alliance and CLARA Analytics collaborate to optimise insurance claims with AI

Eastern Alliance Insurance Group, a wholly-owned subsidiary of ProAssurance Corporation, has partnered with CLARA Analytics to optimise insurance claims through the use of AI.
Aflac, a leading provider of supplemental insurance in the U.S., has announced a partnership with SKYGEN to continue improving the customer satisfaction journey.

Aflac partners with SKYGEN to enhance claims and billing processes through automation

Aflac, a leading provider of supplemental insurance in the U.S., has announced a partnership with SKYGEN to continue improving the customer satisfaction journey.
AutoRek, a leading InsurTech that streamlines premium processing operations within insurance firms, has joined forces with J.P. Morgan Payments to help insurance firms overcome data complexities and unlock new market opportunities.

AutoRek and J.P. Morgan Payments partner to streamline insurance data complexities

AutoRek, a leading InsurTech that streamlines premium processing operations within insurance firms, has joined forces with J.P. Morgan Payments to help insurance firms overcome data complexities and unlock new market opportunities.

LB Forsikring teams up with Akur8 to revolutionise P&C insurance pricing

Akur8, a pioneer in insurance pricing solutions utilising transparent machine learning, has recently partnered with LB Forsikring, a prominent Danish property and casualty (P&C) insurance firm.
CGI, one of the world’s largest business and IT consulting services firms, has announced a partnership with Risk Management Partners, a unit of Munich Re, the world’s leading reinsurer.

CGI partners with Munich Re to enhance climate risk mitigation for insurers

CGI, one of the world’s largest business and IT consulting services firms, has announced a partnership with Risk Management Partners, a unit of Munich Re, the world’s leading reinsurer.
Oriental Insurance, a subsidiary of OFG Bancorp, has announced the launch of a new personal accident insurance product in collaboration with Chubb Insurance Co. of Puerto Rico.

Oriental Insurance partners with Chubb to launch new personal accident coverage

Oriental Insurance, a subsidiary of OFG Bancorp, has announced the launch of a new personal accident insurance product in collaboration with Chubb Insurance Co. of Puerto Rico.
SiriusPoint Ltd., a global specialty insurer and reinsurer, and Tara Hill Insurance Services, have formed a strategic Excess & Surplus lines (E&S) partnership.

SiriusPoint and Tara Hill Insurance Services partner to target E&S market

SiriusPoint Ltd., a global specialty insurer and reinsurer, and Tara Hill Insurance Services, have formed a strategic Excess & Surplus lines (E&S) partnership.
Cytora, a leader in transforming underwriting workflows within the insurance industry, has announced the integration of Autoaddress‘ Address Capture into its underwriting productivity tool.

Cytora and Autoaddress partner to revolutionise underwriting with advanced address capture

Cytora, a leader in transforming underwriting workflows within the insurance industry, has announced the integration of Autoaddress‘ Address Capture into its underwriting productivity tool.
Zurich and Aon have joined forces to introduce a pioneering clean energy insurance facility aimed at providing extensive coverage for blue and green hydrogen projects globally, with capital expenditures reaching up to $250m.

Zurich and Aon launch global insurance facility for hydrogen projects

Zurich and Aon have joined forces to introduce a pioneering clean energy insurance facility aimed at providing extensive coverage for blue and green hydrogen projects globally, with capital expenditures reaching up to $250m.
World Nomads, the global travel insurance provider, has announced the launch of its new Annual Multi-Trip (AMT) product in the UK & Ireland.

World Nomads launches Annual Multi-Trip policy with innovative benefits

World Nomads, the global travel insurance provider, has announced the launch of its new Annual Multi-Trip (AMT) product in the UK & Ireland.

News Stories

Bolttech, a fast-growing global InsurTech company, has successfully secured a $50m venture debt facility from HSBC.

bolttech secures $50m venture debt facility from HSBC to fuel InsurTech growth

Bolttech, a fast-growing global InsurTech company, has successfully secured a $50m venture debt facility from HSBC.
VOOM Insurance, an InsurTech pioneer known for crafting usage-based insurance products tailored for the future of mobility, has appointed Thomas Coyne as its new head of insurance.

VOOM Insurance appoints Thomas Coyne as head of insurance

VOOM Insurance, an InsurTech pioneer known for crafting usage-based insurance products tailored for the future of mobility, has appointed Thomas Coyne as its new head of insurance.
The Claims Portal, a UK Ministry of Justice-mandated service for managing personal injury claims valued between £5,000 and £25,000, has partnered with CRIF to improve user experience and modernise the claims management process.

The Claims Portal teams up with CRIF to modernise the claims management process

The Claims Portal, a UK Ministry of Justice-mandated service for managing personal injury claims valued between £5,000 and £25,000, has partnered with CRIF to improve user experience and modernise the claims management process.
Luma Financial Technologies, a global leader in structured products and insurance solutions, has announced its expansion into the life insurance sector.

Luma Financial Technologies launches innovative life insurance platform

Luma Financial Technologies, a global leader in structured products and insurance solutions, has announced its expansion into the life insurance sector.
As UK insurers grapple with rising claims costs and escalating premiums, the pressure on onboarding processes has never been greater. Motor claims payouts surged by 18% last year, while British drivers faced premium hikes of over a third, outpacing the rest of Europe. At the same time, home insurance renewal quotes soared by 42%, leaving insurers scrambling to adapt. Given these tribulations, the efficiency and effectiveness of insurance onboarding has become crucial. 

The current state of insurance onboarding: Key trends and insights

As UK insurers grapple with rising claims costs and escalating premiums, the pressure on onboarding processes has never been greater. Motor claims payouts surged by 18% last year, while British drivers faced premium hikes of over a third, outpacing the rest of Europe. At the same time, home insurance renewal quotes soared by 42%, leaving insurers scrambling to adapt. Given these tribulations, the efficiency and effectiveness of insurance onboarding has become crucial. 

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