InsurTech

Duck Creek Technologies, the intelligent solutions provider shaping the future of property and casualty (P&C) and general insurance, is set to strengthen its APAC (Asia-Pacific) presence through a new leadership appointment.

Sentry Insurance, a leading mutual insurance group, has partnered with Falvey Insurance to offer admitted and non-admitted cargo capacity to Falvey’s broker partners.

Quantee, a leading InsurTech firm, is set to enhance Zurich Insurance Company‘s pricing strategies through a new partnership, by leveraging its next-generation pricing platform.

Everest has announced that it has received regulatory approval from the Comisión Nacional de Seguros y Fianzas to operate in Mexico.

1Fort, a leading VC-backed InsurTech, has announced the launch of its cutting-edge AI platform that enables brokers to instantly quote from leading specialty markets.

Marsh McLennan Agency, a subsidiary of Marsh, has announced the acquisition of Perkins Insurance Agencies, an independent agency based in Abilene, Texas.

Ascend has announced a strategic partnership with Mylo to advance the modernisation of the insurance industry’s financial infrastructure.

Motor claims processing has become a crucial component of the insurance industry due to its high volume, significant impact on customer satisfaction, and financial implications. With the frequent occurrence of vehicle-related incidents, insurers must efficiently manage numerous claims to maintain operational effectiveness. The speed and accuracy of claims handling directly influence customer satisfaction and loyalty – and Generative AI may be the future, as Simplifai explains.

Bowhead Specialty, a provider of casualty and professional liability products, has announced its deployment of Kalepa’s Copilot underwriting platform to utilise its advanced AI for improved risk selection and optimal customer experience.

Bindable, the InsurTech leader for alternative distribution solutions, has announced a new partnership with HoneyQuote, a home insurance comparison tool that is changing the way homeowners shop for insurance in Florida.