Consumer Platforms

The Earnix 2024 Industry Trends report revealed that nearly 75% of insurers have hundreds of rules embedded in their underwriting systems, with 18% stating they manage thousands. This overwhelming number of rules can complicate processes and impede efficiency. In response to these stark figures, Earnix is delving into how insurers can address these complexities and streamline their underwriting processes.

Inside the growing challenge of complex underwriting rules

The Earnix 2024 Industry Trends report revealed that nearly 75% of insurers have hundreds of rules embedded in their underwriting systems, with 18% stating they manage thousands. This overwhelming number of rules can complicate processes and impede efficiency. In response to these stark figures, Earnix is delving into how insurers can address these complexities and streamline their underwriting processes.
GBSAPRI Group has made two acquisitions to extend its presence across Italy and enter the Swiss market.

GBSAPRI Group acquires Ernesto Solari Assicurazioni and Seabridge to expand in Italy and Switzerland

GBSAPRI Group has made two acquisitions to extend its presence across Italy and enter the Swiss market.
Mike Lloyd, the co-founder and former COO of Corvus Insurance, has launched Pine View Insurance Group, an independent agency specialising in high-net-worth insurance solutions.

Mike Lloyd launches Pine View Insurance Group to transform luxury insurance market

Mike Lloyd, the co-founder and former COO of Corvus Insurance, has launched Pine View Insurance Group, an independent agency specialising in high-net-worth insurance solutions.
Tractive, a leading provider of GPS and health trackers for pets, has partnered with Lassie, an innovative pet insurance provider known for its comprehensive mobile app.

Tractive teams up with Lassie to merge GPS tracking and pet insurance

Tractive, a leading provider of GPS and health trackers for pets, has partnered with Lassie, an innovative pet insurance provider known for its comprehensive...
Carbon Underwriting Limited, an independent managing general underwriter and Lloyd’s syndicate, has announced the appointment of Alex Poracchia as its new chief financial officer (CFO), effective immediately.

Carbon Underwriting appoints Alex Poracchia as CFO to drive next phase of growth

Carbon Underwriting Limited, an independent managing general underwriter and Lloyd’s syndicate, has announced the appointment of Alex Poracchia as its new chief financial officer (CFO), effective immediately.
Optalitix is set to digitise and streamline underwriting processes for CannGen Insurance Services as part of a new collaboration.

Optalitix digitises CannGen’s underwriting processes across North America and Europe

Optalitix is set to digitise and streamline underwriting processes for CannGen Insurance Services as part of a new collaboration.
In today’s data-driven world, the ability to turn raw data into actionable insights is more crucial than ever. With vast amounts of information being generated daily, businesses must navigate the complexities of data cleaning, processing, and standardisation to uncover trends, patterns, and opportunities. This is where Symfa, an innovative software development company, excels — helping businesses turn fragmented and inconsistent data into reliable, insightful, and valuable information.

How Symfa can help you transform raw data into valuable insights

In today’s data-driven world, the ability to turn raw data into actionable insights is more crucial than ever. With vast amounts of information being generated daily, businesses must navigate the complexities of data cleaning, processing, and standardisation to uncover trends, patterns, and opportunities. This is where Symfa, an innovative software development company, excels — helping businesses turn fragmented and inconsistent data into reliable, insightful, and valuable information.
VIPR Solutions (VIPR), a provider of Delegated Authority technology, has bolstered its position within the UK Lloyd’s Market through multi-year contracts with three prominent insurance brands.

VIPR secures multi-year contracts with leading Lloyd’s Market insurers

VIPR Solutions (VIPR), a provider of Delegated Authority technology, has bolstered its position within the UK Lloyd’s Market through multi-year contracts with three prominent...
Africa Specialty Risks (ASR), a reinsurance group dedicated to the African and Middle Eastern markets, has launched Baobab, the first Africa-focused Lloyd’s Consortium.

Africa Specialty Risks launches first Africa-focused Lloyd’s Consortium

Africa Specialty Risks (ASR), a reinsurance group dedicated to the African and Middle Eastern markets, has launched Baobab, the first Africa-focused Lloyd’s Consortium.
Integrating legacy systems with cutting-edge technologies like cloud computing, big data analytics, AI, and mobile solutions can revolutionise how organisations interact with their members. Such integrations provide companies with a more comprehensive understanding of their members' preferences and needs, facilitating even more targeted and effective communication. However, to achieve this level of sophistication, selecting the right digital customer communications platform is essential.

What to look for in a digital customer experience platform

Integrating legacy systems with cutting-edge technologies like cloud computing, big data analytics, AI, and mobile solutions can revolutionise how organisations interact with their members. Such integrations provide companies with a more comprehensive understanding of their members' preferences and needs, facilitating even more targeted and effective communication. However, to achieve this level of sophistication, selecting the right digital customer communications platform is essential.

News Stories

Liberty Mutual has been testing a ChatGPT integration that allows users to request personalised auto insurance quote estimates directly within the AI chat interface.

Liberty Mutual pilots insurance quoting inside ChatGPT

Liberty Mutual has been testing a ChatGPT integration that allows users to request personalised auto insurance quote estimates directly within the AI chat interface. The...
Federato has appointed insurance technology executive Yogesh Sapre as chief revenue officer as the AI-native insurance platform continues expanding following its recent funding round and international growth push.

Federato appoints insurance veteran Yogesh Sapre as CRO

Federato has appointed insurance technology executive Yogesh Sapre as chief revenue officer as the AI-native insurance platform continues expanding following its recent funding round...
BriteCore has launched an enterprise AI strategy featuring eight embedded AI copilots and a new infrastructure layer designed to connect insurer-built and third-party AI agents directly into insurance operations.

BriteCore unveils enterprise AI platform for insurers

BriteCore has launched an enterprise AI strategy featuring eight embedded AI copilots and a new infrastructure layer designed to connect insurer-built and third-party AI...
ERGO NEXT Insurance has partnered with TikTok Shop to offer embedded business insurance products to eligible sellers using the e-commerce platform.

ERGO NEXT launches embedded insurance for TikTok sellers

ERGO NEXT Insurance has partnered with TikTok Shop to offer embedded business insurance products to eligible sellers using the e-commerce platform. The digital InsurTech company...
Multinational insurer Prudential has launched an AI-powered assistant designed to help financial professionals access underwriting information, product details and business forms more quickly across its life insurance operations.

Prudential unveils AI assistant for financial professionals

Multinational insurer Prudential has launched an AI-powered assistant designed to help financial professionals access underwriting information, product details and business forms more quickly across...
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