Consumer Platforms

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. Alistair Fraser will step into...

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

Swinton Insurance, a UK-based insurance broker under the Atlanta Group, has formed a new partnership with Aurum Solutions to automate its reconciliation processes.

Cytora, a leading digital risk processing platform, has announced a new partnership with dataplor to revolutionise property insurance underwriting.

Insurers face increasing pressure for transparent pricing, with calls for clarity and justification of premiums coming from management, agents, and customers alike. Transparency offers assurance and supports regulatory compliance. However, many insurers are now shifting towards data-driven pricing models that emphasise performance, customisation, and profitability over traditional transparency. Dynamic insurance pricing software provider Quantee explores the key reasons behind this evolving approach.

SchemeServe, a UK-based cloud provider of insurance software, has announced a new data partnership with Addresscloud to improve insurers’ capacity to deliver more accurate, data-backed premiums for individual properties.

Stere, Inc., a leading InsurTech platform, and EPIC Insurance Brokers & Consultants (EPIC) have partnered to transform the insurance experience for small businesses by offering a streamlined, digital insurance solution.

Lloyd’s, the world’s leading marketplace for insurance and reinsurance, has announced the appointment of Nathan Adams as its new chief people officer.

The 2024 Earnix Industry Trends Report has revealed that the insurance sector faces pressing challenges with AI adoption, legacy system modernisation, and compliance pressures.