InsurTech

In the first half of 2025, natural disasters caused around $131bn in potential insurance losses globally. Only about $80bn of that was insured. What remains is an uninsured black hole larger than the GDP of Bahrain.

How extreme weather is widening insurance protection gaps

In the first half of 2025, natural disasters caused around $131bn in potential insurance losses globally. Only about $80bn of that was insured. What...
Akur8, a global actuarial AI platform, has acquired Slope Software, a cloud-native actuarial modelling provider for life insurers and pension firms, expanding its capabilities into the life and annuity market.

Akur8 acquires Slope Software to expand into life insurance

Akur8, a global actuarial AI platform, has acquired Slope Software, a cloud-native actuarial modelling provider for life insurers and pension firms, expanding its capabilities...
Novidea, a global cloud-native insurance platform provider, has released a platform update designed to reduce manual rework, improve data integrity, and accelerate high-volume processing across policy, claims, bordereaux, and accounting workflows.

Novidea enhances platform for complex insurance operations

Novidea, a global cloud-native insurance platform provider, has released a platform update designed to reduce manual rework, improve data integrity, and accelerate high-volume processing...
Global InsurTech Deal Activity 2025

US cemented its place as the main global InsurTech hub with 53% of all...

Key global InsurTech investment stats in 2025: Global InsurTech deal activity dropped by 5% YoY in 2025 US companies secured 53% of all deals...
Skipton Building Society has partnered with LifeSearch, a leading protection specialist, in a strategic move from a single-tie arrangement to a broker model, broadening members’ access to life, critical illness, and income protection products.

Skipton partners with LifeSearch to expand protection advice

Skipton Building Society has partnered with LifeSearch, a leading protection specialist, in a strategic move from a single-tie arrangement to a broker model, broadening...
Ortec Finance has announced the launch of GLASS PRISM, a Strategic Asset Allocation (SAA) optimisation tool powered by its Scenario-Based Machine Learning (SBML) methodology, designed to help insurers and other institutional investors better align investment strategy with balance sheet objectives.

Ortec Finance launches GLASS PRISM to optimise insurer asset allocation

Ortec Finance has announced the launch of GLASS PRISM, a Strategic Asset Allocation (SAA) optimisation tool powered by its Scenario-Based Machine Learning (SBML) methodology,...
Austin-based insurance firm Steadily has launched a ChatGPT app that delivers instant insurance premium estimates directly within the AI platform.

Steadily launches ChatGPT app for instant landlord quotes

Austin-based insurance firm Steadily has launched a ChatGPT app that delivers instant insurance premium estimates directly within the AI platform. The new app allows property...
Willis teams with Qover for embedded insurance solutions

Willis teams with Qover for embedded insurance solutions

Willis, a WTW business, has partnered with Qover, a European embedded insurance orchestration platform, to expand its GB Affinity technology ecosystem and deliver faster,...
For years, artificial intelligence has quietly tiptoed in the background of insurance claims, surfacing information, flagging risks and helping humans make decisions, but rarely taking action itself. That is beginning to change. Those stealthy steps are now becoming bashful plods, as AI's impact on the decision-making process surges.

Insurance claims rewired: The rise of agentic AI

For years, artificial intelligence has quietly tiptoed in the background of insurance claims, surfacing information, flagging risks and helping humans make decisions, but rarely...

Willis and Qover launch embedded insurance partnership

Willis and Qover have formed a strategic partnership to expand the GB Affinity technology ecosystem and support the delivery of embedded insurance solutions across...

News Stories

Akur8 joins Verisk's strategic alliance partner network

Akur8 joins Verisk’s strategic alliance partner network

Akur8, a global actuarial AI platform serving more than 350 insurers across 40+ countries, has joined the Verisk Strategic Alliance (VSA) partner network and...
AI budget Percentage in Insurance

AI investment is accelerating with two-thirds of insurance CEOs allocating 10 – 20% of...

Key views of percentage of budget spent on AI in insurance companies: KPMG’s Insurance CEO Outlook surveyed 110 insurance CEOs across 11 markets, all leading...
bolttech

ING picks bolttech for European InsurTech push

ING, one of Europe's largest banks, has selected bolttech, a technology-enabled insurance platform, as its strategic partner to expand embedded insurance and protection solutions...

Producerflow launches partner portal for carriers

Producerflow, an insurance distribution management software company, has launched Partner Portal, a new self-service workspace aimed at transforming how insurance carriers work with their...

IntellectAI’s Magic Placement cuts quote workloads by 60%

Processing insurance quotes has long been one of the most time-consuming and error-prone tasks facing commercial brokers. IntellectAI is looking to change that with its...
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