Commercial/Enterprise Insurance

Singapore's Singlife receives SGD $180m investment from Japanese insurer Sumitomo Life

Singapore’s Singlife receives SGD $180m investment from Japanese insurer Sumitomo Life

Singlife, a financial services company from Singapore, announced a significant capital injection today.
NEXT Insurance secures $265m partnership deal with Allstate and Allianz X

NEXT Insurance secures $265m partnership deal with Allstate and Allianz X

NEXT Insurance, a "leading technology-first small business insurer", has unveiled its strategic alliance with Allstate.
NEXT Insurance, a prominent digital small business insurer, has achieved a significant milestone by reaching 500,000 active small business customers.

NEXT Insurance achieves 500,000 active customer milestone

NEXT Insurance, a prominent digital small business insurer, has achieved a significant milestone by reaching 500,000 active small business customers.
CoverForce revolutionises commercial insurance with one-click buying and $5m seed funding

CoverForce revolutionises commercial insurance with one-click buying and $5m seed funding

Emerging from stealth mode, InsurTech company CoverForce has introduced a dynamic suite of products tailored for agency networks, wholesalers, and software firms. The company's objective is to digitise an offline market, offering swift and accurate insurance comparisons and purchases with a single click.
The insurance evolution: How delegated authority relies on fast data exchange

The insurance evolution: How delegated authority relies on fast data exchange

There's been a noteworthy shift within the insurance sector. The catalyst for this shift? The ever-growing importance and sheer volume of data.
InsurTech Laka pedals ahead with $8m funding and strategic acquisition

InsurTech Laka pedals ahead with $8m funding and strategic acquisition

The firm recently announced a successful funding round amounting to €7.6m ($8m). Leading the investment was the French mobility fund, Shift4Good.
KYND's cyber risk expertise powers Nirvana’s underwriting transformation

KYND’s cyber risk expertise powers Nirvana’s underwriting transformation

KYND and Nirvana, two trailblazing names in their respective fields, have joined forces to revolutionise cyber underwriting. KYND stands out as a provider of advanced cyber...
TSB and Superscript join forces to enhance small business insurance offerings

TSB and Superscript join forces to enhance small business insurance offerings

TSB, a renowned high-street bank, and Superscript, an emerging InsurTech scale-up, have formed a strategic partnership to cater to small business banking customers with advanced, flexible business 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.

News Stories

Capricorn Mutual completes Duck Creek platform go-live

Capricorn Mutual completes Duck Creek platform go-live

Aggne, a Wipro company and insurance technology services provider, has confirmed the successful go-live of Capricorn Mutual, the member-owned risk protection organisation, on Duck...
Why rating engines are becoming insurers' decision hub

Why rating engines are becoming insurers’ decision hub

Pricing technology is moving beyond its traditional home in actuarial and underwriting teams. Rating engines are increasingly being used by marketing, innovation and product...
AML

Why underwriting data holds the key to spotting AML risk

Insurance houses across South Africa are pouring money into anti-financial crime tools, yet heavy spending alone is not solving the problem. Effectiveness, particularly at...
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...
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