Why insurers need to know about behavioural analytics
Artificial intelligence applied to big data has opened many doors for various industries. One of the applications of AI and big data is behavioural analytics. Insurers would do well to leverage this and make it a priority.
Intact Insurance to acquire Tokio Marine’s Highland Insurance
Intact Insurance Group, also known as Intact Insurance Specialty Solutions, has entered into a definitive agreement to acquire Highland Insurance solutions, the US construction division of Tokio Marine Highland.
Omio rides the global travel wave with $80m fresh funding
Omio, a ground transportation platform and travel insurer, has raised $80m amid surging travel.
Rivet pulls in $20.5m in Series B raise
Rivet, a healthcare billing platform, has scored $20.5m in a Series B round led by Catalyst Investors.
Openly secures $75m to empower independent insurance agents
Openly, a technology-enabled provider of premium homeowners’ insurance through independent agents, has raises $75m in Series C funding.
Allianz and Swiss Re back flood insurance and resilience project in Ghana
The Ghana Ministry of Finance, the United Nations Development Programme (UNDP), the German Government, and the Insurance Development Forum (IDF), have launched a project to develop flood insurance and financial resilience in Ghana.
Glia and Lightico join forces for improved customer experience
Lightico, a New York-based vendor offering a next-generation platform for digital customer interactions for the insurance market, has partnered with provider of digital customer service (DCS) solutions Glia.
Zurich to digitalise International Programs business
Zurich Insurance Group is digitalising its International Programs business by deploying technology to streamline stakeholder interactions.
Akur8 tapped by Mutua Madrileña for its pricing process
Mutua Madrileña, a Spanish insurer specialising in non-life insurance, has chosen to implement modules by Akur8 to boost the predictive power of its pricing models.
Aviva Canada to launch telematics product with IMS
Aviva Canada has partnered with global vehicle and driving data business IMS to launch Aviva Journey, an app-based telematics product for the Canadian auto insurance market.
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