73% of insurers see AI models as key to managing climate risks
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.
SageSure and Auros partner to expand homeowners’ insurance options in Louisiana and Mississippi
SageSure, a leading managing general underwriter (MGU), has announced a new partnership with Auros Reciprocal Insurance Exchange to offer improved homeowners’ insurance solutions in the states of Louisiana and Mississippi.
Honeycomb Insurance hits $35bn insured asset milestone with new Washington and Maryland expansion
Honeycomb Insurance, a leading managing general agent (MGA) specialising in landlord and condo association insurance, has broadened its reach into Washington and Maryland, meaning the firm now insures over $35bn in assets.
Blend partners with Covered Insurance to streamline home insurance shopping
Blend has entered into a strategic partnership with Covered Insurance Solutions to improve the home insurance shopping experience for mortgage customers by providing expanded options and a streamlined process.
Swiss Re sells iptiQ’s European P&C arm to Allianz Direct as part of strategic...
Swiss Re, a global reinsurance leader based in Switzerland, has announced the sale of its iptiQ European P&C business to Allianz Direct, the pan-European digital insurer of Allianz Group.
Akur8 and CAS advance actuarial science with groundbreaking lasso credibility monograph
The Casualty Actuarial Society (CAS) has recently published an insightful new monograph entitled "Penalized Regression and Lasso Credibility."
Delos Insurance Solutions attracts $9m in Series A to tackle wildfire risks
Delos Insurance Solutions, a property insurance MGA, has successfully closed a $9m Series A funding round.
Bindable unveils virtual agency model to simplify P&C insurance for new entrants
Bindable, a prominent InsurTech firm specialising in alternative distribution technology and services, has introduced a new solution designed for businesses interested in establishing property and casualty (P&C) insurance agencies.
Previsico expands AI flood forecasting to Ireland, enhancing insurer resilience to climate change
Previsico has unveiled its innovative live flood forecasting service in the Republic of Ireland.
HOMEE secures $12m in Series C funding to enhance AI claims management
HOMEE, an AI-driven direct repair network for the Property and Casualty (P&C) insurance industry, today announced the successful closure of its Series C funding round, amassing $12m.
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