Swiss Re unveils catastrophe bond-focussed unit
Swiss Re has launched an insurance-linked investor advisory business with a specific focus on catastrophe bonds.
Qotech scores £1m to transform underwriting
Quotech, the underwriter-led InsurTech that creates practical systems for specialty insurers, brokers, and MGAs, has raised £1m in a funding round.
LIGA adopts Verisk solution to streamline claims
The Louisiana Insurance Guaranty Association (LIGA), has implemented Verisk’s property estimating technology to streamline its claims handling process.
Insurance industry suffering from poor claims experience, Accenture reveals
Up to $170bn of insurance premiums could be at risk in the next five years due to poor claims experiences, research from Accenture has revealed.
Zesty.ai and Berkshire Hathaway expand partnership for wildfire risk
Zesty.ai, a provider of property analytics powered by Artificial Intelligence (AI), and The Berkshire Hathaway Homestate Companies (BHHC) have expanded their partnership.
GEICO shuts California offices and lays off employees
US auto insurer GEICO has reportedly closed all 38 of its California agents’ offices and laid off hundreds of its employees.
Semsee launches tool to solve a critical issue for insurance agents
Semsee, a commercial insurance platform, has launched a resource to enable agents and small business owners to obtain real-time market appetite from insurance carriers, MGAs and MGUs.
Swiss Re to drive InsurTech innovation with T-Hub
Provider of reinsurance and insurance Swiss Re has partnered with T-Hub, an innovation hub and “ecosystem enabler” based in India, to drive innovation in the InsurTech space.
Five Sigma teams up with One Inc to bolster offering
Five Sigma, an emerging leader in cloud-native insurance Claims Management Solutions (CMS), has partnered with digital insurance payment solution provider One Inc, to offer its US customers more convenient and diversified claims payment options.
Hub joins forces with RESAAS to simplify home insurance
Hub International Limited (HUB), a global insurance brokerage and financial services firm, has partnered with RESAAS Services, a technology platform for the real estate industry to simplify the home insurance process.
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