QIC Global teams with hyperexponential, experiences 4x drop in model adjustment speed
Qatar-based insurance organisation QIC Global has partnered with hyperexponential, a SaaS pricing platform for insurers. Within the first 100 days of using the technology, QIC Global has experienced a four-times reduction in time to adjust models.
Thai Life Insurance eyes IPO
Thai Life Insurance is reportedly targeting a capital raise of $1bn through an initial public offering (IPO) in Thailand.
Ford teams up with Wejo to leverage connected vehicle data
Wejo Group Limited, a provider of cloud and software solutions for connected, electric and autonomous vehicle data, has teamed up with Ford Motor Company in Europe to leverage connected vehicle data in insurance.
Cyber InsurTech Stoïk lands Series A six months after seed round
Stoïk, a cyber InsurTech for small to medium-sized enterprises (SMEs), has raised €11m in Series A funding.
How to get the best out of your actuary team
According to hyperexponential, 80% of actuarial time is not spent on actuarial work. What can insurers do to free up more time and get the best out of their teams?
Duck Creek to acquire Prima’s reinsurance tech solution
Duck Creek Technologies, a provider of intelligent solutions “defining the future of property and casualty (P&C) insurance”, has agreed to acquire France-based Prima Solutions’ flagship commercial reinsurance technology solution, Prima XL.
Previsico and GWTInsight to tackle flood risk for commercial properties
Previsico, the live flood alert InsurTech, has partnered with GWTInsight, a commercial building data services company, to help insurers work closely with their property owner clients to mitigate the risk of surface water flood damage.
Accelerant embarks on European expansion with Brussels HQ
Accelerant, an InsurTech platform that aims to empower underwriters with superior risk exchange and data analytics, coupled with long-term capacity commitments, has opened EU headquarters in Brussels.
InsurTech Stere poised for growth in Latin America
Stere, a digital ecosystem specialising in capacity sourcing and digital capabilities for embedded insurance partners and MGAs, has expanded its operations to the Latin American insurance market.
Marsh bolsters ESG reporting with Beazley
Specialist insurer Beazley is to offer clients that opt in to Marsh’s Environmental, Social, and Governance (ESG) Risk Rating (ERR), global access to additional capacity through its Lloyd’s of London Syndicate 4321, subject to the ERR score meeting Beazley’s threshold.
© InsurTech Analyst © Copyright 2024. All rights reserved.
