InsurTech

QBE Insurance has committed £400m in capacity to Pen Underwriting’s UK and Ireland operations as part of a renewed strategic partnership.

QBE Insurance commits £400m in capacity for Pen Underwriting’s UK and Ireland operations

QBE Insurance has committed £400m in capacity to Pen Underwriting’s UK and Ireland operations as part of a renewed strategic partnership. The collaboration has been...
Celonis, a global leader in process mining and process intelligence, has unveiled a new AI Agent designed to prevent insurance claim leakage.

Celonis launches new AI Agent to prevent claim leakage

Celonis, a global leader in process mining and process intelligence, has unveiled a new AI Agent designed to prevent insurance claim leakage. This innovation was...
Award-winning pet insurance provider ManyPets, known for its innovative approach to InsurTech, has appointed Shane Larkin as its new chief marketing officer (CMO).

ManyPets strengthens leadership team with Shane Larkin as CMO

Award-winning pet insurance provider ManyPets, known for its innovative approach to InsurTech, has appointed Shane Larkin as its new chief marketing officer (CMO).
Percayso Inform, an insurance intelligence provider based in the UK, has enhanced its Quote Intelligence platform to address critical gaps in how insurance providers capture and analyse data.

Percayso Inform enhances Quote Intelligence platform with cutting-edge features

Percayso Inform, an insurance intelligence provider based in the UK, has enhanced its Quote Intelligence platform to address critical gaps in how insurance providers capture and analyse data.
BOXX Insurance, a leading global cyber InsurTech, has appointed Erik Tifft as head of products, alongside Jim Miller and Gil Cujcuj as distribution leaders for the east and west regions, respectively.

BOXX Insurance expands US team with new product head and distribution leaders

BOXX Insurance, a leading global cyber InsurTech, has appointed Erik Tifft as head of products, alongside Jim Miller and Gil Cujcuj as distribution leaders...
Jove, a London-based InsurTech, has unveiled its innovative Pan-European Business Liability Insurance product.

Jove launches groundbreaking Pan-European Business Liability Insurance

Jove, a London-based InsurTech, has unveiled its innovative Pan-European Business Liability Insurance product.
The insurance sector is undergoing a transformative shift, driven by the surge in artificial intelligence (AI) solutions. Vendors are flooding the market, each boasting capabilities to revolutionise claims processing, enhance efficiency, and unlock business value. While this wave of innovation presents immense opportunities, it also brings a significant challenge: selecting the right AI partner from a crowded and competitive field. For decision-makers, this choice could make or break operational success.

A guide to selecting reliable AI vendors in insurance

The insurance sector is undergoing a transformative shift, driven by the surge in artificial intelligence (AI) solutions. Vendors are flooding the market, each boasting capabilities to revolutionise claims processing, enhance efficiency, and unlock business value. While this wave of innovation presents immense opportunities, it also brings a significant challenge: selecting the right AI partner from a crowded and competitive field. For decision-makers, this choice could make or break operational success.
Qumis, an innovative AI-powered platform designed to assist insurance professionals, has announced the successful closure of a $2.2m pre-seed funding round.

Qumis secures $2.2m to transform insurance workflows with AI

Qumis, an innovative AI-powered platform designed to assist insurance professionals, has announced the successful closure of a $2.2m pre-seed funding round.
Cytora, a digital risk processing platform, has partnered with Smarty, a leading provider of property data solutions, to transform property risk evaluation processes for insurers.

Cytora and Smarty partner to revolutionise property risk evaluation for insurers

Cytora, a digital risk processing platform, has partnered with Smarty, a leading provider of property data solutions, to transform property risk evaluation processes for...
WTW, a global advisory, broking and solutions company, has announced the appointment of Mark Mamone as head of technology delivery and strategy within its insurance consulting and technology (ICT) business.

WTW appoints Mark Mamone to lead technology delivery and strategy

WTW, a global advisory, broking and solutions company, has announced the appointment of Mark Mamone as head of technology delivery and strategy within its insurance consulting and technology (ICT) business.

News Stories

TPG-backed Third Wave broadens regional brokerage reach

TPG-backed Third Wave broadens regional brokerage reach

Third Wave Insurance, the retail insurance brokerage platform backed by global alternative asset manager TPG, has agreed to acquire five insurance and advisory firms...
Why Cover Genius snapped up Berlin's Friendsurance

Why Cover Genius snapped up Berlin’s Friendsurance

Cover Genius, the embedded protection infrastructure firm, has bought Berlin-based InsurTech Friendsurance, deepening its footprint in European bancassurance and reinforcing its reach across Germany,...
Mapfre takes 38.9% stake in InsurTech Tuio

Mapfre takes 38.9% stake in InsurTech Tuio

Mapfre, the insurance group, has agreed to take a holding in Tuio, a specialist digital insurance distributor built on advanced technology and a mature...
Verisk deepens event response with MIS acquisition

Verisk deepens event response with MIS acquisition

Verisk, a strategic data analytics and technology partner serving the global insurance sector, has completed the purchase of McKenzie Intelligence Services (MIS), a firm...
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,...
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