InsurTech

Why should insurance firms adopt agentic AI?

A broker stares at a half-filled quote form, wondering why it hasn’t progressed. A policyholder checks the claim status for the fifth time, frustrated...
Markel Insurance, the insurance operations within Markel Group Inc., has expanded its Canadian offerings with the launch of Cyber 360 Canada, Tech 360 Canada, and Fintech 360 Canada policies, now available on a primary basis.

Markel launches tailored insurance solutions for Canadian tech space

Markel Insurance, the insurance operations within Markel Group Inc., has expanded its Canadian offerings with the launch of Cyber 360 Canada, Tech 360 Canada,...
Google, the global technology giant, has announced the launch of a new device protection program, Pixel Care+.

Google launches Pixel Care+ device protection

Google, the global technology giant, has announced the launch of a new device protection program, Pixel Care+. The launch of Pixel Care+ comes as Google...
Sompo Holdings, a major Japanese insurance group, will acquire Aspen Insurance Holdings Limited, a leading global specialty insurer and reinsurer, in a $3.5bn transaction.

Sompo to acquire Aspen Insurance for $3.5bn

Sompo Holdings, a major Japanese insurance group, will acquire Aspen Insurance Holdings Limited, a leading global specialty insurer and reinsurer, in a $3.5bn transaction. The...
COVU, the AI-native operating system for insurance, has raised $16m in fresh capital through a mix of equity and growth financing, bringing the company’s total funding to approximately $50m.

AI-native InsurTech COVU secures $16m to boost growth

COVU, the AI-native operating system for insurance, has raised $16m in fresh capital through a mix of equity and growth financing, bringing the company’s...
ZestyAI, the provider of AI-driven property risk analytics, and Steadily, a fast-growing rental property insurer, have expanded their partnership to enhance underwriting with advanced hail and wind risk models.

Steadily scales ZestyAI tech to strengthen property underwriting

ZestyAI, the provider of AI-driven property risk analytics, and Steadily, a fast-growing rental property insurer, have expanded their partnership to enhance underwriting with advanced...
The insurance sector in Brazil is undergoing a profound transformation. Premium revenue surpassed R$ 663 bn in 2023, and analysts predict that this double-digit growth trend is likely to continue over the coming years. But the shift isn’t just about numbers—it signals a broader rethink of how insurers operate, particularly in the way they approach pricing, according to Akur8.

Why Brazil’s insurance pricing needs a major rethink

The insurance sector in Brazil is undergoing a profound transformation. Premium revenue surpassed R$ 663 bn in 2023, and analysts predict that this double-digit growth trend...
McKenzie Intelligence Services (MIS), a leader in geospatial intelligence, and Eagleview, a trailblazer in geospatial technology, have announced a strategic collaboration aimed at enhancing the insurance industry’s ability to respond to North American catastrophes.

MIS and Eagleview partner to transform catastrophe response

McKenzie Intelligence Services (MIS), a leader in geospatial intelligence, and Eagleview, a trailblazer in geospatial technology, have announced a strategic collaboration aimed at enhancing...
OneShield has launched the OneShield AI Hub, marking what the company describes as the industry’s first centralised environment for the secure development, deployment, and governance of artificial intelligence solutions specifically tailored to the insurance ecosystem.

OneShield launches AI Hub to transform insurance operations

OneShield has launched the OneShield AI Hub, marking what the company describes as the industry’s first centralised environment for the secure development, deployment, and...
Sixfold, a leading underwriting AI company, specialising in Life & Health (L&H) insurance solutions, has announced a significant upgrade to its L&H product with the introduction of Condition-Based Insights and Core Clinical Data, designed to transform underwriting processes.

Sixfold launches condition-based insights for life & health underwriting

Sixfold, a leading underwriting AI company, specialising in Life & Health (L&H) insurance solutions, has announced a significant upgrade to its L&H product with...

News Stories

Ominimo reaches $1.6bn valuation with AI motor insurance

Ominimo reaches $1.6bn valuation with AI motor insurance

Ominimo, a Budapest-based InsurTech using AI and advanced data analytics to transform motor insurance, has secured $22.5m in Series B funding at a $1.6bn valuation,...
Can Curant.ai solve insurance’s claims complexity problem?

Can Curant.ai solve insurance’s claims complexity problem?

Curant.ai, an AI-powered InsurTech platform focused on modernising insurance claims, has secured $3.1m in seed funding as insurers look to move from early AI...
Can commercial carriers survive the end of the hard market?

Can commercial carriers survive the end of the hard market?

The prolonged hard market in North American commercial insurance has begun to ease, creating a new challenge for property and casualty (P&C) insurers as...
NatWest launches home cover tracker with Uinsure

NatWest launches home cover tracker with Uinsure

NatWest, one of the UK's largest retail banks, has joined forces with InsurTech platform Uinsure in an exclusive tie-up aimed at making home cover...
Navacord enters Newfoundland through Steers deal

Navacord enters Newfoundland through Steers deal

Navacord, the insurance brokerage, has partnered with Steers Insurance Limited, a move that takes the consolidator into Newfoundland and Labrador for the first time...
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