InsurTech

Emerald Bay Risk Solutions, a collaborative underwriting carrier, and Curotech Specialty, a technology-enabled managing general agent, have announced a strategic partnership to launch an excess & surplus commercial property programme.

Emerald Bay and Curotech partner to revolutionise commercial property insurance

Emerald Bay Risk Solutions, a collaborative underwriting carrier, and Curotech Specialty, a technology-enabled managing general agent, have announced a strategic partnership to launch an excess & surplus commercial property programme.
Optalitix, the specialist insurance and finance software provider, has announced a new partnership with Spring Finance to provide an innovative mortgage origination platform.

Spring Finance selects Optalitix for innovative mortgage origination platform

Optalitix, the specialist insurance and finance software provider, has announced a new partnership with Spring Finance to provide an innovative mortgage origination platform.
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). 
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News Stories

Migrating from on-premises to cloud infrastructure is a major leap for any organisation. This was the case for a Fortune 500 insurer seeking to modernise its operations. Their existing system, which relied on outdated methods and manual processes, was no longer fit to handle the enormous amounts of data generated daily. This transformation involved building a robust, automated platform, transitioning to the cloud, and optimising for efficiency and scalability. Customer software development company Symfa explains how it supported the firm on this journey.

How Symfa helped a Fortune 500 insurer modernise its cloud infrastructure – part one

Migrating from on-premises to cloud infrastructure is a major leap for any organisation. This was the case for a Fortune 500 insurer seeking to modernise its operations. Their existing system, which relied on outdated methods and manual processes, was no longer fit to handle the enormous amounts of data generated daily. This transformation involved building a robust, automated platform, transitioning to the cloud, and optimising for efficiency and scalability. Customer software development company Symfa explains how it supported the firm on this journey.
ZestyAI has partnered with Standard Casualty Company to enhance risk assessment and policyholder collaboration for manufactured home insurance using advanced AI-driven property and climate risk analytics.

ZestyAI and Standard Casualty join forces to innovate property insurance for mobile homes

ZestyAI has partnered with Standard Casualty Company to enhance risk assessment and policyholder collaboration for manufactured home insurance using advanced AI-driven property and climate risk analytics.
HDI Global, a leading provider of industrial insurance, has announced plans to expand its environmental liability insurance offerings to international markets.

HDI Global expands ESG insurance offering with international environmental liability coverage

HDI Global, a leading provider of industrial insurance, has announced plans to expand its environmental liability insurance offerings to international markets. The expansion follows the...
Mulberri, a digital insurance platform focused on innovating business insurance, has joined forces with Qualys in a bid to deliver enhanced cyber insurance offerings.

Qualys partners with Mulberri to transform cyber insurance underwriting

Mulberri, a digital insurance platform focused on innovating business insurance, has joined forces with Qualys in a bid to deliver enhanced cyber insurance offerings.
Duck Creek Technologies, a global provider of intelligent solutions for property and casualty (P&C) and general insurance, has announced the opening of a second Centre of Excellence (CoE) in Warsaw, Poland.

Duck Creek Technologies expands with new centre of excellence in Poland

Duck Creek Technologies, a global provider of intelligent solutions for property and casualty (P&C) and general insurance, has announced the opening of a second Centre of Excellence (CoE) in Warsaw, Poland.
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