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.

Sompo to acquire Aspen Insurance for $3.5bn

August 29, 2025

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

August 28, 2025

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

August 27, 2025

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...

M47 AI COMPANY, a consultancy specialising in artificial intelligence solutions, has announced the launch of CLAIMS47, a system designed to modernise claims handling in the insurance industry.

M47 AI launches CLAIMS47 to streamline insurance claims

August 22, 2025

M47 AI COMPANY, a consultancy specialising in artificial intelligence solutions, has announced the launch of CLAIMS47, a system designed to modernise claims handling in...

Coalition, a global digital risk and insurance provider, has announced the launch of its Active Cyber Insurance in France through its subsidiary, Coalition Insurance Solutions GmbH.

Coalition rolls out cyber coverage in France

August 21, 2025

Coalition, a global digital risk and insurance provider, has announced the launch of its Active Cyber Insurance in France through its subsidiary, Coalition Insurance...

Enterprise AI company Upstage, a developer of generative AI and document intelligence solutions, has raised $45m in a Series B bridge round, bringing its total funding to $157m.

Upstage bags $45m to expand AI document solutions

August 21, 2025

Enterprise AI company Upstage, a developer of generative AI and document intelligence solutions, has raised $45m in a Series B bridge round, bringing its...

Elevate Specialty has launched its operations in the UK, aiming to reshape embedded and specialty insurance.

Elevate Specialty enters UK market with new insurance solutions

August 19, 2025

Elevate Specialty has launched its operations in the UK, aiming to reshape embedded and specialty insurance. Founded by former DAS and Allianz executives Mickey Attia...

UK insurers widely recognise the importance of digital platforms, yet many remain dissatisfied with their current systems’ ability to meet business requirements, according to new research from Covernet.

UK insurers struggle to align digital platform adoption with business needs

August 19, 2025

UK insurers widely recognise the importance of digital platforms, yet many remain dissatisfied with their current systems’ ability to meet business requirements, according to...

For insurance companies today, growth is no longer dictated solely by pricing or product innovation. Instead, success increasingly hinges on how well insurers can engage, educate, and support their intermediary partners, including brokers, MGAs, networks, and aggregators, according to Comarch.

How insurers can unlock growth through intermediary tech

August 18, 2025

For insurance companies today, growth is no longer dictated solely by pricing or product innovation. Instead, success increasingly hinges on how well insurers can...

Vortex Weather Insurance has launched RainSure, the first parametric escalator rain insurance product that pays out from just 0.01 inch of rain.

Vortex debuts RainSure with payouts from 0.01 inch

August 15, 2025

Vortex Weather Insurance has launched RainSure, the first parametric escalator rain insurance product that pays out from just 0.01 inch of rain. Unlike traditional rain...