InsurTech

Insurers’ pricing models floundering despite tech investments

Insurers’ pricing models floundering despite tech investments

A recent survey conducted by Coleman Parkes, on behalf of pricing decision intelligence leader hyperexponential, has unveiled the extensive dissatisfaction within the Specialty and Commercial insurance sectors regarding their current pricing and technology.
Claims management tech leader Snapsheet lands investment

Claims management tech leader Snapsheet lands investment

Snapsheet, the Chicago-based firm leading the charge in claims management technology, has successfully secured a strategic investment. As an innovator in its sector, Snapsheet's mission is to redefine the landscape of claims handling through its proprietary platform.
Nigerian InsurTech star MyCover.ai secures $1.25m funding for expansion

Nigerian InsurTech star MyCover.ai secures $1.25m funding for expansion

MyCover.ai, an innovative Nigerian start-up, is making waves in the African insurance market. The company provides an open insurance API, allowing businesses to seamlessly integrate insurance into their existing products and services.
AXA

AXA XL launches emissions insurance product for marine clients

AXA XL, a division of AXA, with a prominent presence in the UK, has launched a new product - the Excess Emissions Insurance.
Evertas

Evertas bolsters crypto insurance coverage with Bitsure acquisition

Evertas, a digital asset insurance provider, has announced the acquisition of Bitsure, a pioneering insurer for crypto mining operations.
How Home Instead Ireland harnesses ViClarity for quality management

How Home Instead Ireland harnesses ViClarity for quality management

Home Instead Ireland, a dedicated provider of person-centred care, is on a pivotal mission to improve the lives of older adults and their families. In 2020, they took a strategic decision to incorporate the ViClarity Quality Management system into their operations. The primary aim was to enhance manual processes related to quality and compliance on both local and national scales.
Tractable secures $65m in Series E to revolutionise insurtech with AI

Tractable secures $65m in Series E to revolutionise InsurTech with AI

Tractable, an established leader in the application of artificial intelligence (AI) to assess the condition of cars and properties, has just announced its latest fundraising success.
Akur8 and Madison Mutual Insurance join forces to redefine pricing in personal insurance lines

Akur8 and Madison Mutual Insurance join forces to redefine pricing in personal insurance lines

Madison Mutual Insurance Company (MMIC), a prominent Midwest insurer, and Akur8, a groundbreaking solution provider for non-life insurance pricing, have announced their partnership. The collaboration...
CLARA

CLARA Analytics, OPEX Consultants join forces to revolutionise InsurTech in APAC

CLARA Analytics has recently joined forces with OPEX Consultants, a renowned Australian insurance consulting firm.

Transforming insurance pricing through decision intelligence

Understanding and effectively applying pricing decision intelligence is pivotal in improving profitability for insurers. Despite its significance, the industry grapples with successfully transforming their...

News Stories

Road safety shift threatens motor insurers

Road safety shift threatens motor insurers

Angelica Solutions, an insurance analytics and advisory business, has warned that a growing share of serious road casualties among pedestrians and cyclists could open...
ZestyAI's Z-WATER wins approval in 20+ US states

ZestyAI’s Z-WATER wins approval in 20+ US states

ZestyAI, a Risk Decision Platform serving the insurance industry, has had its Z-WATER model for non-weather water risk accepted for use in carrier rate...
Sixfold, Sollers partner to speed up underwriting

Sixfold, Sollers partner to speed up underwriting

Sixfold, the AI underwriting InsurTech trusted by global insurers, has entered a strategic partnership with Sollers Consulting, the international insurance technology consultancy, aimed at...
video

What needs to happen in H2 2026 for it to be a successful year...

The InsurTech sector is having a strong year, with over $2.7bn raised by companies during the first six months of the year in InsurTech....

bolt unveils Connected Distribution for insurers

bolt, a leading InsurTech focused on distribution, has introduced what it describes as the insurance industry's first AI-powered distribution platform, giving partners connected access...
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