Commercial/Enterprise Insurance

Elysian, an AI-native third-party administrator for commercial insurance claims, has closed a $6m seed funding round.

Elysian secures $6m to transform commercial claims with AI

Elysian, an AI-native third-party administrator for commercial insurance claims, has closed a $6m seed funding round. The round was led by Portage, with additional participation...
Policybazaar for Business, the B2B arm of Indian InsurTech Policybazaar.com, has launched reinsurance operations in the UAE, Qatar, Oman, and Sri Lanka.

Policybazaar for Business launches reinsurance in UAE and Asia

Policybazaar for Business, the B2B arm of Indian InsurTech Policybazaar.com, has launched reinsurance operations in the UAE, Qatar, Oman, and Sri Lanka. The launch is designed...
The insurance industry is standing at a critical crossroads as climate volatility intensifies. From record-breaking wildfires to devastating floods, the scale and frequency of natural disasters are growing, placing immense strain on traditional risk models. According to Earnix’s latest brochure, insurers are now at a “tipping point” where outdated systems can no longer keep pace with the speed and unpredictability of climate-driven risk.

Why insurers must modernise to manage climate risk

The insurance industry is standing at a critical crossroads as climate volatility intensifies. From record-breaking wildfires to devastating floods, the scale and frequency of...
Hyderabad-headquartered ForaySoft, a global consulting and systems integration firm, has partnered with US-based ES Search Consultants to develop modular technology components for the insurance sector.

ForaySoft and ES Search launch AI tools for insurers

Hyderabad-headquartered ForaySoft, a global consulting and systems integration firm, has partnered with US-based ES Search Consultants to develop modular technology components for the insurance...
Allianz UK, one of the country’s largest general insurers, has announced a partnership with Evoque Group Limited, a supplier specialising in zero-to-landfill solutions, to advance sustainability across its claims management processes.

Evoque and Allianz UK join forces on sustainable claims

Allianz UK, one of the country’s largest general insurers, has announced a partnership with Evoque Group Limited, a supplier specialising in zero-to-landfill solutions, to...
Markel Insurance, the insurance operations within Markel Group Inc., has expanded its Canadian offerings with the launch of Cyber 360 Canada, Tech 360 Canada, and Fintech 360 Canada policies, now available on a primary basis.

Markel launches tailored insurance solutions for Canadian tech space

Markel Insurance, the insurance operations within Markel Group Inc., has expanded its Canadian offerings with the launch of Cyber 360 Canada, Tech 360 Canada,...
Google, the global technology giant, has announced the launch of a new device protection program, Pixel Care+.

Google launches Pixel Care+ device protection

Google, the global technology giant, has announced the launch of a new device protection program, Pixel Care+. The launch of Pixel Care+ comes as Google...
Sompo Holdings, a major Japanese insurance group, will acquire Aspen Insurance Holdings Limited, a leading global specialty insurer and reinsurer, in a $3.5bn transaction.

Sompo to acquire Aspen Insurance for $3.5bn

Sompo Holdings, a major Japanese insurance group, will acquire Aspen Insurance Holdings Limited, a leading global specialty insurer and reinsurer, in a $3.5bn transaction. The...
McKenzie Intelligence Services (MIS), a leader in geospatial intelligence, and Eagleview, a trailblazer in geospatial technology, have announced a strategic collaboration aimed at enhancing the insurance industry’s ability to respond to North American catastrophes.

MIS and Eagleview partner to transform catastrophe response

McKenzie Intelligence Services (MIS), a leader in geospatial intelligence, and Eagleview, a trailblazer in geospatial technology, have announced a strategic collaboration aimed at enhancing...
The adoption of Large Language Models (LLMs) in enterprises is a gradual journey, often compared to learning to drive a car. Early-stage usage is manual and transactional, but as systems mature, they become collaborative tools capable of handling complex workflows under human supervision. Understanding this evolution is crucial for organisations looking to implement AI without losing control or compliance, according to Ushur.

Inside enterprise AI’s evolution from prompts to smart teams

The adoption of Large Language Models (LLMs) in enterprises is a gradual journey, often compared to learning to drive a car. Early-stage usage is...
Load more

Latest Analysis

News Stories

GLASS PRISM: the AI tool redefining insurance investment strategy

Ortec Finance has unveiled GLASS PRISM, a next-generation strategic asset allocation (SAA) optimisation tool designed specifically for insurance asset managers. Built on what the firm...
The financial services sector is undergoing a period of rapid change as digital-first providers reshape how customers access and engage with products. Faster onboarding, transparent pricing, and personalised experiences are becoming standard expectations, placing increasing pressure on traditional banks and insurers to adapt.

Can bancassurance remain relevant in a digital-first financial landscape?

The financial services sector is undergoing a period of rapid change as digital-first providers reshape how customers access and engage with products. Faster onboarding,...
Pikl, an InsurTech focused on insurance-enabled business models, is scaling its flexible cancellation solution designed to help short-term rental platforms offer booking flexibility while protecting revenue.

Pikl builds insurance-led model for rental flexibility

Pikl, an InsurTech focused on insurance-enabled business models, is scaling its flexible cancellation solution designed to help short-term rental platforms offer booking flexibility while...
QBE, a global insurer, has partnered with Aurora to launch a fully automated lead algorithmic underwriting capability for complex specialty risks, now live within its Yacht Protection & Indemnity product.

QBE AND Aurora roll out end-to-end algorithmic underwriting

QBE, a global insurer, has partnered with Aurora to launch a fully automated lead algorithmic underwriting capability for complex specialty risks, now live within...
Lloyd’s, the global insurance marketplace, has selected 12 companies for Cohort 16 of the Lloyd’s Lab Accelerator following its latest Pitch Day, marking the start of a ten-week programme focused on innovation across underwriting, risk and operations.

Lloyd’s Lab selects 12 firms for Cohort 16 Accelerator

Lloyd’s, the global insurance marketplace, has selected 12 companies for Cohort 16 of the Lloyd’s Lab Accelerator following its latest Pitch Day, marking the...
© InsurTech Analyst © Copyright 2024. All rights reserved.

Technology partner
Advanced Vision IT

224931
224884

60,000+ InsurTech leaders get exclusive insights delivered every week