Commercial/Enterprise Insurance

Why Fortegra's Joe Lettween is underwhelmed by current InsurTech innovation

Why Fortegra’s Joe Lettween believes the InsurTech sector still has room to grow

The InsurTech sector for commercial insurance carriers has not evolved as quickly as expected, according to Joe Lettween, chief innovation, data science, and technology...
Scription pivots from hourly repairs to insured subscriptions with fresh $2.5m funding

Scription pivots from hourly repairs to insured subscriptions with fresh $2.5m funding

Scription, an "Alberta-based InsurTech company", has successfully wrapped up its recent funding round, pulling in a substantial $2.5m.
Radian has bagged $353m in fully collateralised excess of loss reinsurance coverage through a transaction with Eagle Re 2023-1 Ltd.

Radian closes $353m mortgage insurance-linked notes transaction

Radian has bagged $353m in fully collateralised excess of loss reinsurance coverage through a transaction with Eagle Re 2023-1 Ltd.
iA Financial Corporation is set to acquire Vericity in a significant all-cash transaction valued at approximately $170m.

iA Financial expands U.S. presence with $170m Vericity acquisition

iA Financial Corporation is set to acquire Vericity in a significant all-cash transaction valued at approximately $170m.
Skyward Specialty Insurance Group, Inc., a leading player in the specialty P&C market, and eMaxx, a tech-enabled specialty provider of commercial P&C insurance captive solutions and programs, have come together to expand their captives partnership.

Skyward Specialty & eMaxx expand captives partnership

Skyward Specialty Insurance Group, Inc., a leading player in the specialty P&C market, and eMaxx, a tech-enabled specialty provider of commercial P&C insurance captive solutions and programs, have come together to expand their captives partnership.
Scandinavian insurance giant Tryg has unveiled a series of strategic and structural modifications, including the consolidation of two key business lines and a significant workforce reduction.

Tryg announces strategic restructuring and leadership changes

Scandinavian insurance giant Tryg has unveiled a series of strategic and structural modifications, including the consolidation of two key business lines and a significant workforce reduction.
Will generative AI be a revolution for insurance?

Will generative AI be a revolution for insurance?

Unless you’ve spent the past year under a rock, you’ll be aware of the excitement for generative AI. While many have used the technology to write emails, do homework or create CVs, generative AI could be one of the most transformative technology stacks to businesses. Laila Beane, the chief marketing officer at IntellectAI, the insurtech and wealthtech brand of Intellect Design Arena, recently delved into generative AI’s impact on insurance.
MetLife UK, the renowned protection and employee benefits provider, has welcomed Charlotte Lade to its team as the Head of Customer Propositions.

MetLife UK appoints Charlotte Lade to elevate customer experience

MetLife UK, the renowned protection and employee benefits provider, has welcomed Charlotte Lade to its team as the Head of Customer Propositions.
Aviva has announced the acquisition of AIG Life Limited  from Corebridge Financial, Inc., a quoted subsidiary of AIG, for £460m.

Aviva acquires AIG’s UK protection business for £460m

Aviva has announced the acquisition of AIG Life Limited  from Corebridge Financial, Inc., a quoted subsidiary of AIG, for £460m.
Boaba and Continental Assist have announced a partnership that aims to promote and expand parametric insurance solutions in the Latin American market.

InsurTech Baoba partners with Continental Assist for parametric solutions in LaTAm

Boaba and Continental Assist have announced a partnership that aims to promote and expand parametric insurance solutions in the Latin American market.

News Stories

Producer licensing is one of those parts of insurance that tends to stay in the background until it starts slowing everything else down. As carriers expand their agent networks, the process of onboarding producers, managing appointments, and maintaining compliance records often still depends on fragmented systems and manual intervention.

Fixing the producer bottleneck in insurance distribution

Producer licensing is one of those parts of insurance that tends to stay in the background until it starts slowing everything else down. As...
Simply Business, a digital insurance marketplace, has launched a business insurance app on ChatGPT in the US, alongside a separate rollout in the UK.

Simply Business brings small business insurance pricing into ChatGPT

Simply Business, a digital insurance marketplace, has launched a business insurance app on ChatGPT in the US, alongside a separate rollout in the UK. The...
Cytora, a digital risk processing platform, has announced a strategic relationship with LexisNexis Risk Solutions to embed advanced data and analytics into its platform for US commercial insurers.Cytora, a digital risk processing platform, has announced a strategic relationship with LexisNexis Risk Solutions to embed advanced data and analytics into its platform for US commercial insurers.

Cytora partners LexisNexis to enhance US commercial underwriting

Cytora, a digital risk processing platform, has announced a strategic relationship with LexisNexis Risk Solutions to embed advanced data and analytics into its platform...
INSTANDA, a no-code insurance platform provider, has partnered with DataCrest, a workflow solutions firm, to enhance submission intake and quoting efficiency for insurers and MGAs.

INSTANDA and DataCrest team up to streamline insurance submissions

INSTANDA, a no-code insurance platform provider, has partnered with DataCrest, a workflow solutions firm, to enhance submission intake and quoting efficiency for insurers and...
Openly, a tech-enabled homeowners insurance provider, has secured a growth investment round led by existing investors Eden Global Partners, Advance Venture Partners and Gradient, with strategic participation from Allianz X.

Openly boosts expansion plans with funding and Allianz Re deal

Openly, a tech-enabled homeowners insurance provider, has secured a growth investment round led by existing investors Eden Global Partners, Advance Venture Partners and Gradient,...
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