The Claims Portal teams up with CRIF to modernise the claims management process
The Claims Portal, a UK Ministry of Justice-mandated service for managing personal injury claims valued between £5,000 and £25,000, has partnered with CRIF to improve user experience and modernise the claims management process.
The current state of insurance onboarding: Key trends and insights
As UK insurers grapple with rising claims costs and escalating premiums, the pressure on onboarding processes has never been greater. Motor claims payouts surged by 18% last year, while British drivers faced premium hikes of over a third, outpacing the rest of Europe. At the same time, home insurance renewal quotes soared by 42%, leaving insurers scrambling to adapt. Given these tribulations, the efficiency and effectiveness of insurance onboarding has become crucial.
Kayna, WTW and Vibrant partner to enhance vendor cybersecurity and insurance solutions
Kayna, an award-winning embedded insurance infrastructure platform; WTW, a global advisory, broking, and solutions leader; and Vibrant, a cybersecurity oversight platform, have joined forces to streamline vendor risk management.
Skyward Specialty unveils new insurance solution for life sciences sector
Skyward Specialty Insurance Group, Inc., a leader in the specialty property and casualty (P&C) insurance market, has introduced its new Life Sciences liability coverage.
How Symfa helped a Fortune 500 insurer modernise its cloud infrastructure – part one
Migrating from on-premises to cloud infrastructure is a major leap for any organisation. This was the case for a Fortune 500 insurer seeking to modernise its operations. Their existing system, which relied on outdated methods and manual processes, was no longer fit to handle the enormous amounts of data generated daily. This transformation involved building a robust, automated platform, transitioning to the cloud, and optimising for efficiency and scalability. Customer software development company Symfa explains how it supported the firm on this journey.
Qualys partners with Mulberri to transform cyber insurance underwriting
Mulberri, a digital insurance platform focused on innovating business insurance, has joined forces with Qualys in a bid to deliver enhanced cyber insurance offerings.
Crux Underwriting selects mea’s GenAI-powered platform to enhance broker service proposition
Specialty MGA Crux Underwriting is set to leverage mea's cutting-edge GenAI-powered platform to elevate its broker service offering.
Quantee to enhance Agria Pet Insurance’s pricing capabilities in UK market expansion
Agria Pet Insurance, a global leader in animal insurance, has partnered with Quantee, an AI-driven pricing solutions provider, to support its growth in the UK and Ireland.
Branch Insurance partners with Kyber to revolutionise claims processing through AI automation
Branch Insurance has recently collaborated with Kyber, an AI-driven technology provider specialising in workflow automation, to optimise its claims notification process.
Centana Growth Partners acquires $60m stake in First Connect Insurance to expand U.S. independent...
Centana Growth Partners has acquired a majority stake in First Connect Insurance, an InsurTech platform focused on empowering independent insurance agents in the U.S.