Commercial/Enterprise Insurance

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.

CGI partners with Munich Re to enhance climate risk mitigation for insurers

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.

Oriental Insurance partners with Chubb to launch new personal accident coverage

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.

Is automated underwriting InsurTech’s silver bullet?

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.

Insurtech UK unveils Roadmap to strengthen the nation’s global insurance status

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.

SiriusPoint and Tara Hill Insurance Services partner to target E&S market

SiriusPoint Ltd., a global specialty insurer and reinsurer, and Tara Hill Insurance Services, have formed a strategic Excess & Surplus lines (E&S) partnership.
blip, an innovative InsurTech startup, is set to make waves in the sector by providing small business insurance policies that are on average 1/3 cheaper than the lowest offers on price comparison websites.

InsurTech startup blip slashes small business insurance costs with triple-lock guarantee

blip, an innovative InsurTech startup, is set to make waves in the sector by providing small business insurance policies that are on average 1/3 cheaper than the lowest offers on price comparison websites.
Fleming Insurance Holdings, a prominent player in the insurance industry, has announced the appointment of Michael Garceau as the company's new chief financial officer (CFO) and chief operating officer (COO).

Fleming Insurance Holdings enhances leadership team with key hire

Fleming Insurance Holdings, a prominent player in the insurance industry, has announced the appointment of Michael Garceau as the company's new chief financial officer (CFO) and chief operating officer (COO).
Cytora, a leader in transforming underwriting workflows within the insurance industry, has announced the integration of Autoaddress‘ Address Capture into its underwriting productivity tool.

Cytora and Autoaddress partner to revolutionise underwriting with advanced address capture

Cytora, a leader in transforming underwriting workflows within the insurance industry, has announced the integration of Autoaddress‘ Address Capture into its underwriting productivity tool.
Imagine filing an insurance claim from your phone, tracking its progress, and resolving everything within days. It might sound like a mirage, but this is already happening. The insurance industry, once known for its slow and outdated processes, is undergoing a significant transformation thanks to rapid advancements in technology and innovative tech-driven solutions. 

How technology is transforming the insurance sector

Imagine filing an insurance claim from your phone, tracking its progress, and resolving everything within days. It might sound like a mirage, but this is already happening. The insurance industry, once known for its slow and outdated processes, is undergoing a significant transformation thanks to rapid advancements in technology and innovative tech-driven solutions. 
Zurich and Aon have joined forces to introduce a pioneering clean energy insurance facility aimed at providing extensive coverage for blue and green hydrogen projects globally, with capital expenditures reaching up to $250m.

Zurich and Aon launch global insurance facility for hydrogen projects

Zurich and Aon have joined forces to introduce a pioneering clean energy insurance facility aimed at providing extensive coverage for blue and green hydrogen projects globally, with capital expenditures reaching up to $250m.
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The 2024 U.S. presidential election, one of the most closely watched and contentious in recent history, has culminated in Donald Trump’s re-election as the 47th president. With the nation sharply divided over key issues—from economic policies and immigration to the future of democracy—this election has underscored the deepening polarisation in the U.S. political landscape. As ballots are counted and legal challenges loom, the country stands at a critical juncture, with Trump poised to once again shape the future of America amidst intense scrutiny and ongoing controversies. But what does this historic moment mean for the global InsurTech industry?

What does Donald Trump’s presidential election win mean for InsurTech?

The 2024 U.S. presidential election, one of the most closely watched and contentious in recent history, has culminated in Donald Trump’s re-election as the 47th president. With the nation sharply divided over key issues—from economic policies and immigration to the future of democracy—this election has underscored the deepening polarisation in the U.S. political landscape. As ballots are counted and legal challenges loom, the country stands at a critical juncture, with Trump poised to once again shape the future of America amidst intense scrutiny and ongoing controversies. But what does this historic moment mean for the global InsurTech industry?
A recent survey by ZestyAI has revealed that 73% of insurers believe AI models are key to managing climate-related losses, as the insurance industry grapples with mounting losses from extreme weather.

73% of insurers see AI models as key to managing climate risks

A recent survey by ZestyAI has revealed that 73% of insurers believe AI models are key to managing climate-related losses, as the insurance industry grapples with mounting losses from extreme weather.
Marsh, the world’s largest insurance broker and risk advisor, and part of Marsh McLennan, has announced two significant leadership appointments.

Marsh announces pair of leadership appointments

Marsh, the world’s largest insurance broker and risk advisor, and part of Marsh McLennan, has announced two significant leadership appointments. Alistair Fraser will step into...
Parametrix, a leader in cyber insurance solutions, has launched an innovative insurance product designed to protect enterprise clients from the costs associated with digital disruptions.

Parametrix launches enterprise-level cyber insurance solution for digital disruptions

Parametrix, a leader in cyber insurance solutions, has launched an innovative insurance product designed to protect enterprise clients from the costs associated with digital disruptions.
Everest Reinsurance, the reinsurance division of Everest Group, Ltd., has announced the appointment of Emily Davis as head of its global specialties business.

Everest Reinsurance strengthens leadership team with Emily Davis as head of global specialties

Everest Reinsurance, the reinsurance division of Everest Group, Ltd., has announced the appointment of Emily Davis as head of its global specialties business.
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