Infrastructure/Back-end

Markel International, the global insurance division of Markel Group (NYSE: MKL), has appointed Maureen Tomlinson as Head of AI and launched an AI Centre of Enablement to support responsible AI adoption across its operations.

Markel International unveils centre to boost AI development

Markel International, the global insurance division of Markel Group (NYSE: MKL), has appointed Maureen Tomlinson as Head of AI and launched an AI Centre...
Socotra, a U.S.-based cloud-native insurance platform, has launched Socotra Assistant, an AI underwriting tool embedded in Operations Workbench to improve productivity, accuracy, and regulatory compliance.

Socotra Assistant goes live to improve underwriting productivity

Socotra, a U.S.-based cloud-native insurance platform, has launched Socotra Assistant, an AI underwriting tool embedded in Operations Workbench to improve productivity, accuracy, and regulatory...
Insurance pricing engines are quietly becoming one of the most strategic tools for insurers looking to modernise operations and accelerate growth. What was once an IT headache, with complex integrations, unpredictable costs and time-consuming maintenance, is now being transformed into a cloud-native enabler that connects actuarial modelling, rate production and deployment in a single ecosystem.

The hidden driver of growth for insurance firms

Insurance pricing engines are quietly becoming one of the most strategic tools for insurers looking to modernise operations and accelerate growth. What was once...
Global professional services firm Aon has demonstrated a proof of concept for settling insurance premiums using stablecoins, marking what the company describes as the first such transaction among major global brokers.

Aon pilots digital asset insurance payment

Global professional services firm Aon has demonstrated a proof of concept for settling insurance premiums using stablecoins, marking what the company describes as the...
For years, pricing engines have represented a persistent headache for insurance IT teams. Complex integrations, unpredictable infrastructure costs and heavy maintenance demands have slowed innovation and made even small pricing changes difficult to deploy. But advances in cloud-native technology are beginning to reshape that dynamic, transforming pricing engines from an operational burden into a strategic capability for insurers.

Transforming insurance pricing with cloud technology

For years, pricing engines have represented a persistent headache for insurance IT teams. Complex integrations, unpredictable infrastructure costs and heavy maintenance demands have slowed...
CIBC backs AI-driven InsurTech Gradient AI's expansion

CIBC backs AI-driven InsurTech Gradient AI’s expansion

CIBC Innovation Banking, a specialist lender with over 25 years of experience in growth-stage technology companies, has provided growth capital financing to Gradient AI,...

Openly integrates claimtouch to cut settlement times

Openly, a technology-driven premium insurance provider, has partnered with claimtouch to automate the pricing and valuation of damaged personal property and reduce settlement times for...
Sixfold partners INFORCE to scale underwriting AI

Sixfold partners INFORCE to scale underwriting AI

AI InsurTech Sixfold has formed a strategic partnership with INFORCE to accelerate underwriting automation and improve efficiency and decision accuracy across insurer workflows. Under the agreement, INFORCE...
Insly, the low-risk, enterprise-grade insurance software provider, has launched its latest AI innovation, Nora, designed to simplify and optimise administrative insurance processes.

Insly unveils Nora to streamline insurance workflows with AI

Insly, the low-risk, enterprise-grade insurance software provider, has launched its latest AI innovation, Nora, designed to simplify and optimise administrative insurance processes. The new product...
London-based InsurTech Concirrus has formally launched Concirrus Inspire, a new AI-native underwriting platform aimed at insurers and managing general agents (MGAs).

Concirrus unveils Inspire to accelerate specialty underwriting

London-based InsurTech Concirrus has formally launched Concirrus Inspire, a new AI-native underwriting platform aimed at insurers and managing general agents (MGAs). The launch comes as...

News Stories

Swiss HealthTech dacadoo has partnered with Brazilian insurer Bradesco Vida e Previdência to launch a digital health engagement platform designed to enhance customer wellness and foster long-term policyholder engagement.

dacadoo to power Bradesco preventative health platform

Swiss HealthTech dacadoo has partnered with Brazilian insurer Bradesco Vida e Previdência to launch a digital health engagement platform designed to enhance customer wellness...
Ascend, a leading InsurTech, has agreed to merge with premium finance provider Honor Capital in a deal aimed at creating what the companies describe as the insurance industry’s first fully vertically integrated financial operations platform.

Ascend and Honor Capital merge for integrated insurance finance platform

Ascend, a leading InsurTech, has agreed to merge with premium finance provider Honor Capital in a deal aimed at creating what the companies describe...
MoneySuperMarket has added energy comparison services to its app on ChatGPT, allowing users to search for and compare tariffs directly through the AI platform.

MoneySuperMarket expands ChatGPT app with energy deals

MoneySuperMarket has added energy comparison services to its app on ChatGPT, allowing users to search for and compare tariffs directly through the AI platform. The...
Delays in US property and casualty insurance rate filings are costing insurers an estimated $72.8m per day, with most objections linked to preventable operational errors rather than disputes over pricing itself, according to new research from ZestyAI. 

Insurers lose $72.8m daily to filing delays

Delays in US property and casualty insurance rate filings are costing insurers an estimated $72.8m per day, with most objections linked to preventable operational...
Zurich Insurance has deployed Cytora’s AI-powered risk digitisation platform across five countries in just 90 days, cutting manual underwriting triage time by 80% as part of a wider global rollout.

Zurich cuts underwriting processing time with Cytora AI

Zurich Insurance has deployed Cytora’s AI-powered risk digitisation platform across five countries in just 90 days, cutting manual underwriting triage time by 80% as...
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