InsurTech

The Institute and Faculty of Actuaries (IFoA), and the Chartered Institute for Securities & Investment (CISI) have formed a partnership aimed at supporting actuaries in enhancing their understanding of ethical issues when deploying artificial intelligence (AI).

IFoA and CISI join forces to boost ethical AI understanding for actuaries

The Institute and Faculty of Actuaries (IFoA), and the Chartered Institute for Securities & Investment (CISI) have formed a partnership aimed at supporting actuaries in enhancing their understanding of ethical issues when deploying artificial intelligence (AI).
Aspen, a global provider of insurance and reinsurance services, has announced the appointment of Tony Bishop as chief data & analytics officer, effective immediately.

Aspen appoints Tony Bishop as chief data & analytics officer

Aspen, a global provider of insurance and reinsurance services, has announced the appointment of Tony Bishop as chief data & analytics officer, effective immediately. In...
Cowbell, a leading provider of cyber insurance for small and medium-sized enterprises (SMEs), has announced the closure of a $60m Series C equity investment round.

Cyber insurance leader Cowbell secures $60m Series C investment from Zurich

Cowbell, a leading provider of cyber insurance for small and medium-sized enterprises (SMEs), has announced a successful closure of a $60m Series C equity investment round.
SentinelOne, a global leader in AI-powered security, has announced the launch of a program designed to help insurers secure their clients’ networks using the world’s most advanced AI security platform.

SentinelOne launches Risk Assurance Initiative with AI-powered security for insurers

SentinelOne, a global leader in AI-powered security, has announced the launch of a program designed to help insurers secure their clients’ networks using the world’s most advanced AI security platform.
IntelePeer, a leading provider of AI-powered communications automation, has announced the successful completion of a $140m growth funding and debt financing round.

IntelePeer bags $140m to advance AI automation in customer service

IntelePeer, a leading provider of AI-powered communications automation, has announced the successful completion of a $140m growth funding and debt financing round.
ZestyAI, a leading provider of climate and property risk analytics solutions, has announced that it has received approval from the Texas Department of Insurance for its comprehensive suite of Severe Convective Storm products.

ZestyAI launches AI-powered storm risk products following state approval

ZestyAI, a leading provider of climate and property risk analytics solutions, has announced that it has received approval from the Texas Department of Insurance for its comprehensive suite of Severe Convective Storm products.
Blink Parametric, a pioneering provider of parametric insurance solutions, has unveiled its latest offering in collaboration with travel insurance specialist Heymondo.

Blink Parametric launches innovative Flight Disruption assistance solution with Heymondo

Blink Parametric, a pioneering provider of parametric insurance solutions, has unveiled its latest offering in collaboration with travel insurance specialist Heymondo.
BriteCore, the leading cloud-native core insurance platform for Property & Casualty insurance providers, has announced Laris Motorsports Insurance as its newest customer.

BriteCore partners with Laris Motorsports Insurance for enhanced policyholder services

BriteCore, the leading cloud-native core insurance platform for Property & Casualty insurance providers, has announced Laris Motorsports Insurance as its newest customer.
Insurtech UK, a leading group focused on advancing the UK’s InsurTech industry, has launched a new Advisory Panel comprising senior leaders from the insurance sector to drive strategic priorities and foster industry growth.

Insurtech UK launches new Advisory Panel with top industry leaders

Insurtech UK, a leading group focused on advancing the UK’s InsurTech industry, has launched a new Advisory Panel comprising senior leaders from the insurance sector to drive strategic priorities and foster industry growth.
GuideOne Insurance, a trusted provider of property and casualty insurance and risk management solutions, has announced the promotion of Troy Spoonemore to chief underwriting & risk officer.

GuideOne Insurance promotes Troy Spoonemore to chief underwriting & risk officer

GuideOne Insurance, a trusted provider of property and casualty insurance and risk management solutions, has announced the promotion of Troy Spoonemore to chief underwriting & risk officer.
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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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