Consumer Platforms

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 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.
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. 

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, 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.

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 Insurance Group, Inc., a leader in the specialty property and casualty (P&C) insurance market, has introduced its new Life Sciences liability coverage.

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.
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.

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.
Mulberri, a digital insurance platform focused on innovating business insurance, has joined forces with Qualys in a bid to deliver enhanced cyber insurance offerings.

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.
Specialty MGA Crux Underwriting is set to leverage mea's cutting-edge GenAI-powered platform to elevate its broker service offering.

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.
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.

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 has recently collaborated with Kyber, an AI-driven technology provider specialising in workflow automation, to optimise its claims notification process.

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 has acquired a majority stake in First Connect Insurance, an InsurTech platform focused on empowering independent insurance agents in the U.S.

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.

News Stories

Akur8 and AAIS collaborate to revolutionise predictive modelling in P&C insurance

Akur8, a cutting-edge provider of insurance pricing and reserving solutions powered by transparent machine learning, has partnered with the American Association of Insurance Services...
Konsileo raises £8m to drive UK expansion in commercial broking

Konsileo raises £8m to drive UK expansion in commercial broking

Chartered commercial broker Konsileo, which specialises in providing insurance services to mid-market businesses, has successfully raised £8m to support its expansion across the UK.
Zopper secures $25m to expand its insurance distribution platform

Zopper secures $25m to expand its insurance distribution platform

Zopper, an InsurTech startup specialising in creating tailored insurance solutions, has raised $25m in a Series D funding round.
Five Sigma was founded in 2017 to leverage insurance data with deep tech. Oded Barak, Co-founder and CEO, and his partners in Five Sigma brought in domain experts in claims and tech and worked to put together a cloud solution that transformed the claims management market. Now, they’ve released another such product.

Five Sigma’s AI adjuster Clive is transforming claims management

Five Sigma was founded in 2017 to leverage insurance data with deep tech. Oded Barak, Co-founder and CEO, and his partners in Five Sigma...
World Nomads, an InsurTech specialising in travel insurance, has joined forces with Air Doctor, a global medical network, to provide travellers with improved access to healthcare services.

Air Doctor and World Nomads collaborate to deliver seamless medical care in 75+ countries

World Nomads, an InsurTech specialising in travel insurance, has joined forces with Air Doctor, a global medical network, to provide travellers with improved access to healthcare services.

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