hyperexponential introduces innovative reinsurance pricing model
hyperexponential, a global pricing platform provider for re/insurers, has introduced its first templated reinsurance pricing model, designed for treaty reinsurance, including Excess of Loss (XoL) agreements.
Volt Underwriting launches with $25m capacity for energy sector risks
Volt Underwriting has officially launched as an approved coverholder, backed by Dale Underwriting Partners’ Lloyd’s Syndicate 1729, with support from MGA Accelerator DA Strategy.
COVU raises $12.5m to advance AI-driven insurance platform
COVU, a company specialising in AI-native services for insurance agencies, has successfully raised $12.5m in equity and debt financing as part of its first Series A funding round.
EIS integrates AbsenceSoft to enhance claims management for group benefits insurers
EIS, a leading SaaS core platform provider for the US Group Benefits Market, has integrated AbsenceSoft, a market-leading absence management solution, into its cloud-native ecosystem.
How Peak3 has scaled the InsurTech landscape
The insurance industry has undergone a significant transformation over the past few years, largely driven by the hastening adoption of technology and vastly evolving...
Duck Creek Technologies expands capabilities with acquisition of Risk Control Technologies
Duck Creek Technologies, an intelligent solutions provider reshaping the future of property and casualty (P&C) insurance, has acquired Risk Control Technologies (RCT), in a bid to revolutionise how insurance carriers manage risk and prevent loss.
Akur8 selected by RSM to bolster its insurance pricing process
Akur8, the next-generation insurance pricing and reserving platform, has been selected by RSM to enhance its insurance pricing process.
Kroll and Cytora collaborate to streamline asset valuation in commercial insurance underwriting
Cytora, a leading digital risk processing platform, has announced a partnership with Kroll, an independent global firm specialising in risk and financial advisory solutions.
InsurTech startup Stream Claims secures $5.3m seed funding led by Spark Capital
Stream Claims, an InsurTech startup specialising in AI-powered medical document review for workers’ compensation, has secured $5.3m in a seed funding round.
Penguin Benefits expands parental leave planning platform to cover all 50 US states
Penguin Benefits, a provider of parental leave planning technology, has expanded its platform to offer coverage across all 50 states and the District of Columbia.
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