Commercial/Enterprise Insurance

Jio Financial Services and Allianz have formed a 50:50 reinsurance joint venture to support India's insurance industry.

Allianz partners with Jio to expand Indian insurance reach

Jio Financial Services and Allianz have formed a 50:50 reinsurance joint venture to support India's insurance industry.
COVU, an AI-native insurance servicing platform focused on scalable and tech-powered growth, has acquired Mitchell Insurance Agency, a respected family-run business based in Roseville, California.

COVU expands AI platform with Mitchell Insurance acquisition

COVU, an AI-native insurance servicing platform focused on scalable and tech-powered growth, has acquired Mitchell Insurance Agency, a respected family-run business based in Roseville, California.
Everest, a global provider of insurance and reinsurance solutions, has appointed Mark Shaw as chief commercial officer (CCO) for its International Insurance division.

Mark Shaw takes on chief commercial officer role at Everest

Everest, a global provider of insurance and reinsurance solutions, has appointed Mark Shaw as chief commercial officer (CCO) for its International Insurance division.
Verisk, a global data analytics and technology provider, has agreed to acquire SuranceBay, a leading InsurTech firm specialising in licensing and compliance solutions for the life and annuity sector, for $162.5m in cash.

Verisk expands life solutions with $162.5m SuranceBay deal

Verisk, a global data analytics and technology provider, has agreed to acquire SuranceBay, a leading InsurTech firm specialising in licensing and compliance solutions for the life and annuity sector, for $162.5m in cash.
Quandri, a Canadian InsurTech startup transforming insurance brokerage operations through AI-powered automation, has secured $12m in a Series A funding round, marking a significant milestone in its growth journey.

Canadian InsurTech Quandri raises $12m to scale AI platform

Quandri, a Canadian InsurTech startup transforming insurance brokerage operations through AI-powered automation, has secured $12m in a Series A funding round, marking a significant...
InsurTech company Lemonade has donated more than $2.1m to 45 nonprofit organisations through its 2025 Giveback program.

Lemonade donates $2.1m in 2025 Giveback

InsurTech company Lemonade has donated more than $2.1m to 45 nonprofit organisations through its 2025 Giveback program.
From pricing and reserving to risk assessment and capital modelling, Excel’s ubiquity has made it indispensable. But its limitations are becoming too obvious to ignore, according to to actuarial software firm Akur8. Long the default tool for actuaries, spreadsheets are increasingly being outmatched by the complexity and demands of modern insurance modelling. 

Why spreadsheets are holding back actuarial science

From pricing and reserving to risk assessment and capital modelling, Excel’s ubiquity has made it indispensable. But its limitations are becoming too obvious to ignore, according to to actuarial software firm Akur8. Long the default tool for actuaries, spreadsheets are increasingly being outmatched by the complexity and demands of modern insurance modelling. 
Allianz Global Corporate & Specialty SE has entered a strategic partnership with Hydor, a specialist underwriting firm with regional expertise in marine insurance to expand the scope and resilience of marine liability coverage across the Asia-Pacific region.

Hydor and Allianz launch marine liability product for Asia-Pacific

Allianz Global Corporate & Specialty SE has entered a strategic partnership with Hydor, a specialist underwriting firm with regional expertise in marine insurance to expand the scope and resilience of marine liability coverage across the Asia-Pacific region.
Saifr, an AI technology firm incubated within Fidelity Labs, has unveiled a new AI-powered product aimed at streamlining compliance for insurance advertising.

Saifr expands AI suite for life insurance compliance

Saifr, an AI technology firm incubated within Fidelity Labs, has unveiled a new AI-powered product aimed at streamlining compliance for insurance advertising.
Cowbell, a US-based cyber insurance provider for SMEs and middle-market companies, has partnered with Zurich North America to launch Zurich Select Plus, a modular multi-line insurance product available through the E&S channel.

Zurich and Cowbell launch Zurich Select Plus in US market

Cowbell, a US-based cyber insurance provider for SMEs and middle-market companies, has partnered with Zurich North America to launch Zurich Select Plus, a modular multi-line insurance product available through the E&S channel.

News Stories

Wildfire data model drives new California cover

Wildfire data model drives new California cover

DUAL North America, a specialty programme administrator, Kingstone Companies, a Northeast-focused property insurer, and Windward Risk Managers, a Florida-based risk manager, have each launched...
ManyPets debuts UK's first ChatGPT insurance plugin

ManyPets debuts UK’s first ChatGPT insurance plugin

ManyPets, a UK pet insurance provider offering Lifetime cover and an AI-powered claims service, has become the first UK specialist pet insurance provider to...
RateZip brings real-time pricing data to ChatGPT

RateZip brings real-time pricing data to ChatGPT

RateZip, an independent US consumer rates platform that compares savings, deposit, mortgage and lending rates, has launched a live rates service inside ChatGPT, giving...
Insurers struggle to turn AI into action

Insurers struggle to turn AI into action

Insurers are investing heavily in artificial intelligence across pricing, underwriting, claims, risk assessment and customer engagement. Yet as AI models become more sophisticated, the...

Sixfold’s new AI tool tackles life and health cases

Sixfold, the underwriting AI platform used by leading insurers around the world, has launched an AI Underwriter for Life & Health insurance, a governed...
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