InsurTech

Neptune Flood, the nation’s largest private flood insurance company, has acquired Charles River Data in a bid to enhance AI-driven flood insurance solutions.

Insured Nomads, an innovative leader in the travel and health insurance industry, has appointed Sven Thorslund as Senior Vice President of Global Client Engagement & Key Accounts.

CLARA Analytics, a leading provider of artificial intelligence (AI) technology for insurance claims optimisation, has announced an expansion of its partnership with Origami Risk.

Delos Insurance Solutions has partnered with certain underwriters at Lloyd's of London to offer wildfire insurance to more California policyholders with vacant properties.

QBE North America, a leading insurance provider, has unveiled its latest offering, the Healthcare Liability practice, aimed at addressing the distinct requirements of healthcare organisations.

As the world marches towards modernisation, industries across the board are facing the pressing question of how to adapt and stay relevant in an increasingly digital landscape. This shift is particularly pronounced in the insurance sector, where the demand for greater diversification of products and services is reshaping traditional business models. One of the key dilemmas facing insurers today is whether to invest heavily in transforming into full-fledged IT organisations or to concentrate solely on their core competency of crafting insurance products.

Aviva, a leading insurance provider, and RiskEye, a digital risk management specialist, have joined forces to enhance Aviva’s cyber insurance offering.

Kayna, an award-winning embedded insurance infrastructure platform, is set to optimise AEGIS London’s online quote and bind platform through a new partnership.

Arbol, a leader in parametric insurance solutions, has announced the successful closure of a $60m Series B funding round.

Simplifai, a leading provider of AI-powered solutions, has announced the availability of a new product designed to streamline the claims processing workflow for insurance companies.