Commercial/Enterprise Insurance

Three years ago, a US insurance giant struggled to develop a Rules engine for their multiple user-facing applications. The project initially failed, leading them to enlist Symfa's expertise. Dmitry Denisko, senior software engineer at Symfa, delved into how the company reinvented the world of insurance business logic.

PLATFORM Insurance Management, a leading Canadian broker, has announced the formation of a Captive and Alternative Risk Financing Practice Group, as it looks to enhance its service offerings and provide innovative solutions to its clients.

Brokerslink, a global broking company, has announced the launch of a dedicated Trade Credit Insurance (TCI) practice.

Wopta Assicurazioni, an InsurTech MGA established to support businesses and professionals against everyday risks, has successfully closed a €4.1m Series A funding round.

Berkshire Hathaway Specialty Insurance (BHSI), a leading global insurance provider, has announced its expansion into the Nordic nations with the opening of a new office in Stockholm.

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.

Often seen as an industry lambasted for a lack of change, the insurance sector has opened its eyes to a swathe of potential innovative technologies that could revolutionise the sector throughout 2024. At the height of this movement, the principle of automated underwriting emerged as the industry’s great fascination, with its potential to truly become the sector’s silver bullet.

Insurtech UK has published its Roadmap of recommendations for policy-makers to retain and strengthen the UK’s leading global status in insurance innovation.

SiriusPoint Ltd., a global specialty insurer and reinsurer, and Tara Hill Insurance Services, have formed a strategic Excess & Surplus lines (E&S) partnership.