Infrastructure/Back-end

NFP, a prominent insurance broker, has announced its newest venture, Totalis Program Underwriters, a distinguished brand tailored for its specialty programme sector.

Research indicates that the Generative AI market is at a pivotal moment. According to Grandview Research’s Market Analysis report, the global generative AI market size stood at USD 10.14bn in 2022 and is poised to witness a compound annual growth rate (CAGR) of 35.6% from 2023 to 2030.

Mobile app development has evolved significantly since the advent of smartphones in the late 2000s. Initially, developers had two main approaches to consider: native and hybrid development. Native apps were built using the platforms' specific programming languages, while hybrid apps were web applications housed within a sandbox browser.

Founded in 2005, Ascent has a key mission: help insurers and reinsurers become more profitable by accelerating their ability to transact. We recently spoke to CCO George Earp and Principal Architect Konrad Pfeffer to find out more.

Planck has unveiled a 'game-changing' underwriting tool that incorporates advanced Generative AI (GenAI) functionalities.

Everest has established a new wholesale division to serve the US excess and surplus (E&S) and programs markets. The global underwriter providing property, casualty, and...

Coaction Global has announced the completion of a $200m capital raise to support its transformation into a full-service specialty insurance company.

Comprehensive management of new and emerging risks is vital for any company aiming to ensure compliance and maintain a strong financial position. For insurance companies, however, it becomes doubly crucial as risk is the very basis of their value, and product, this is why solutions such as loss control could become the next big opportunity for insurers.

Inari, described as a "core technology infrastructure provider for the global insurance and reinsurance industry", has successfully secured $5.2m in a seed funding round. This was led by Caixa Capital Risc, operating through Criteria Venture Tech.

CLARA Analytics, a provider of artificial intelligence (AI) technology for insurance claims optimisation, has completed a $24m Series C funding round.