InsurTech

As we step into the second half of 2024, the InsurTech landscape is poised for significant advancement. Emerging technologies such as AI, machine learning, and large language models are set to revolutionise risk assessment, underwriting, and customer experiences. Meanwhile, there is a growing emphasis on ESG considerations bubbling up under the surface.

The key InsurTech trends to look out for in H2 – part one

As we step into the second half of 2024, the InsurTech landscape is poised for significant advancement. Emerging technologies such as AI, machine learning, and large language models are set to revolutionise risk assessment, underwriting, and customer experiences. Meanwhile, there is a growing emphasis on ESG considerations bubbling up under the surface.
Zurich Australia, a leading insurance provider, has announced a partnership with Tesla to become the preferred electric vehicle insurance provider for Tesla customers in Australia.

Zurich Australia partners with Tesla to provide exclusive electric vehicle insurance

Zurich Australia, a leading insurance provider, has announced a partnership with Tesla to become the preferred electric vehicle insurance provider for Tesla customers in Australia.
Renaissance Life & Health Insurance Company of America is enhancing its group insurance offerings with an innovative supplemental health solution.

Renaissance unveils new supplemental health insurance powered by Ansel Health

Renaissance Life & Health Insurance Company of America is enhancing its group insurance offerings with an innovative supplemental health solution.
Scanning inverted barcodes may seem like a complex process, but modern technology has made it manageable. Barcode scanners, especially camera-based ones, have sophisticated methods to identify and decode inverted barcodes accurately. The key lies in the quiet zone surrounding the barcode and the start and stop patterns inherent in 1D barcodes, as Scanbot SDK explains.

The technology behind scanning inverted barcodes: A comprehensive guide

Scanning inverted barcodes may seem like a complex process, but modern technology has made it manageable. Barcode scanners, especially camera-based ones, have sophisticated methods...

Wisedocs bags $4.5m from CIBC to streamline insurance claim reviews with AI

Wisedocs, an innovative leader in the InsurTech sector, recently received a significant financial boost. CIBC Innovation Banking has extended $4.5m CAD in growth capital...
BNP Paribas is in exclusive negotiations to acquire 100% of AXA Investment Managers, AXA‘s asset management arm, for €5.1bn.

BNP Paribas in negotiations to acquire AXA Investment Managers for €5.1bn

BNP Paribas is in exclusive negotiations to acquire 100% of AXA Investment Managers, AXA‘s asset management arm, for €5.1bn.
Orion180, a leading insurance innovator, is extending its homeowner's insurance services into Ohio, as it looks to enhance its geographic footprint and offer specialised coverage across the United States.

Orion180 expands insurance coverage into Ohio amid national expansion

Orion180, a leading insurance innovator, is extending its homeowner's insurance services into Ohio, as it looks to enhance its geographic footprint and offer specialised coverage across the United States.
Indian InsurTech firm Covrzy has received a direct broking (general) license from the Insurance Regulatory and Development Authority of India (IRDAI). 

Indian InsurTech Covrzy set to transform business insurance following broking license approval

Indian InsurTech firm Covrzy has received a direct broking (general) license from the Insurance Regulatory and Development Authority of India (IRDAI). 
Skyward Specialty Insurance, a leader in the specialty property and casualty (P&C) market, has announced key additions to its team to expand its Healthcare Solutions portfolio and broaden its Transactional Property E&S underwriting units.

Skyward Specialty Insurance enhances healthcare and E&S portfolios with new appointments

Skyward Specialty Insurance, a leader in the specialty property and casualty (P&C) market, has announced key additions to its team to expand its Healthcare Solutions portfolio and broaden its Transactional Property E&S underwriting units.
iPipeline, a leading provider of digital solutions for the life insurance and wealth management industries, has announced the appointment of Steve Cover as Chief Technology Officer (CTO).

iPipeline appoints new CTO to drive digital innovation

iPipeline, a leading provider of digital solutions for the life insurance and wealth management industries, has announced the appointment of Steve Cover as Chief Technology Officer (CTO).

News Stories

Acrisure's Auris AI targets insurance's data silos

Acrisure’s Auris AI targets insurance’s data silos

Acrisure, the global FinTech group spanning insurance, reinsurance, payroll, benefits, cybersecurity and real estate services across 19 countries, has launched Auris AI, an applied...
Agero, MOTER team up on connected claims

Agero, MOTER team up on connected claims

Agero, a digital driver assistance provider operating through its recently acquired Urgently platform, and MOTER Technologies (MOTER), an InsurTech firm that converts connected vehicle...

AXA expands AI agent hub with Publicis Sapient

AXA, the global insurance and asset management group, has entered into a strategic partnership with Publicis Sapient, a technology company specialising in enterprise AI...

intellectAI Insurance’s month of listening exposes wholesale broking’s data gap

IntellectAI has used its Broker Appreciation Month (BAM) campaign, which ran throughout July, to surface the operational friction still holding back wholesale insurance distribution,...
What music can teach insurance actuaries

Actuaries and music: a mathematical connection

Actuaries and musicians may work in very different fields, but both rely on patterns, interpretation and judgement. At Akur8, several actuaries say their experience with...
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