Commercial/Enterprise Insurance

London-based InsurTech, Wrisk, has announced a 219% year-on-year revenue growth in H1 2024.

London-based InsurTech Wrisk sees remarkable 219% YoY revenue growth in H1

London-based InsurTech, Wrisk, has announced a 219% year-on-year revenue growth in H1 2024.
One Inc, the leading digital payments network for the insurance industry, has announced that Selective Insurance, a prominent business, home, and auto insurer, has selected its ClaimsPay® digital payment solution.

Selective Insurance and One Inc partner to revolutionise claims payment process

One Inc, the leading digital payments network for the insurance industry, has announced that Selective Insurance, a prominent business, home, and auto insurer, has selected its ClaimsPay® digital payment solution.
Cytora, the leading digital risk processing platform, has partnered with Gamma Risk to help insurers map out commercial property risk assessment.

Cytora and Gamma Risk partner to enhance commercial property risk evaluation for insurers

Cytora, the leading digital risk processing platform, has partnered with Gamma Risk to help insurers map out commercial property risk assessment.
Artex EMEA, a global insurance manager, has integrated the team from Malta-based Bee Insurance Management Ltd., to continue its global expansion journey.

Artex EMEA strengthens team with addition of Bee Insurance’s Simon Camilleri as executive director

Artex EMEA, a global insurance manager, has integrated the team from Malta-based Bee Insurance Management Ltd., to continue its global expansion journey.
P&C and health pricing teams operate in a dynamic environment. They need to ensure that their current pricing strategy is not only appropriate for their policyholders but also accurately aligned with the evolving competitive and regulatory landscape. In reality, pricing executives act as insurance portfolio managers, constantly monitoring margins, loss ratios, and GWP to align with both the insurer's overall strategy and market competition. Recent regulations such as the UK's Customer Duty, also highlight the necessity for real-time identification of risk outliers within portfolios and the ability to explain these outliers to regulators, making this capability a regulatory requirement.

How to master insurance portfolio management

P&C and health pricing teams operate in a dynamic environment. They need to ensure that their current pricing strategy is not only appropriate for their policyholders but also accurately aligned with the evolving competitive and regulatory landscape. In reality, pricing executives act as insurance portfolio managers, constantly monitoring margins, loss ratios, and GWP to align with both the insurer's overall strategy and market competition. Recent regulations such as the UK's Customer Duty, also highlight the necessity for real-time identification of risk outliers within portfolios and the ability to explain these outliers to regulators, making this capability a regulatory requirement.
Embroker, the digital insurance company simplifying the insurance buying experience for businesses, has unveiled its specialised coverage program designed for real estate agents and brokers.

Embroker launches specialised insurance program for real estate professionals

Embroker, the digital insurance company simplifying the insurance buying experience for businesses, has unveiled its specialised coverage program designed for real estate agents and brokers.
Embroker, the digital insurance company simplifying the insurance buying experience for businesses, has unveiled its specialised coverage program designed for real estate agents and brokers.

Five Sigma unveils insurance industry’s first AI-powered Insurance Adjustment Agent

Five Sigma, a prominent AI claims management software company, has introduced the insurance industry’s first AI-powered Insurance Adjustment Agent, Clive™.
Digital solution platform, Bold Penguin, has announced a strategic partnership with RT Specialty, a leading wholesale distributor of commercial excess and surplus (E&S) insurance products and services.

Bold Penguin partners with RT Specialty to enhance E&S insurance solutions

Digital solution platform, Bold Penguin, has announced a strategic partnership with RT Specialty, a leading wholesale distributor of commercial excess and surplus (E&S) insurance products and services.
Lemonade, the digital insurance company powered by AI and social impact, today announced the launch of Buildings and Contents insurance in the UK.

Lemonade expands UK offerings with buildings and contents insurance

Lemonade, the digital insurance company powered by AI and social impact, today announced the launch of Buildings and Contents insurance in the UK.
Zurich North America, a leading provider of insurance solutions, has announced the launch of its new Primary Products Liability coverage.

Zurich North America introduces customised liability insurance for life sciences companies

Zurich North America, a leading provider of insurance solutions, has announced the launch of its new Primary Products Liability coverage.

News Stories

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Cytora taps GeoX AI for AI-driven property insights

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Insurance clearinghouse Axle bags $17.5m Series A

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Cyber insurers face a growing AI coverage gap

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