InsurTech

One80 Intermediaries, a specialty insurance broker headquartered in Boston, has launched GeneBridge in response to the escalating costs associated with gene therapy treatments.

One80 Intermediaries unveils GeneBridge to mitigate financial impact of gene therapy

One80 Intermediaries, a specialty insurance broker headquartered in Boston, has launched GeneBridge in response to the escalating costs associated with gene therapy treatments.
Leading insurer Allianz Trade and specialist credit and political risk insurance (CPRI) broker BPL have launched a groundbreaking collaboration to enhance how underwriters and brokers share enquiry data.

Allianz Trade and BPL launch innovative API integration to streamline underwriter-broker data sharing

Leading insurer Allianz Trade and specialist credit and political risk insurance (CPRI) broker BPL have launched a groundbreaking collaboration to enhance how underwriters and brokers share enquiry data.
Lumera, a leading InsurTech company dedicated to the digital transformation of the European life and pensions industry, has entered into an agreement to acquire ITM, as part of its international growth strategy.

Lumera acquires ITM to enhance UK presence

Lumera, a leading InsurTech company dedicated to the digital transformation of the European life and pensions industry, has entered into an agreement to acquire ITM, as part of its international growth strategy.
Novidea, the creator of the cloud-based, data-driven enterprise insurance management platform, has announced the strategic acquisition of Docomotion, an automated document generation technology provider.

Novidea acquires automated document generation leader Docomotion

Novidea, the creator of the cloud-based, data-driven enterprise insurance management platform, has announced the strategic acquisition of Docomotion, an automated document generation technology provider.
Uk-based firm MPowered Mortgages has reported that its AI-powered chatbot now solves 60% of broker enquiries.

MPowered Mortgages’ AI-powered chatbot solving 60% of broker queries

Uk-based firm MPowered Mortgages has reported that its AI-powered chatbot now solves 60% of broker enquiries.
German InsurTech startup Feather, which aims to simplify health insurance for expatriates, has successfully raised €6m.

Feather bags €6m to enhance health insurance options for Europe’s expats

German InsurTech startup Feather, which aims to simplify health insurance for expatriates, has successfully raised €6m.
SiriusPoint Ltd., a global specialty insurer and reinsurer, and Euclid Security Programs LLC, a boutique managing general underwriter (MGU) specialising in security industry risks, have announced a new strategic partnership.

SiriusPoint and Euclid Security forge strategic partnership to enhance liability programme

SiriusPoint Ltd., a global specialty insurer and reinsurer, and Euclid Security Programs LLC, a boutique managing general underwriter (MGU) specialising in security industry risks, have announced a new strategic partnership.
Wefox, the German insurance startup, is set to replace CEO Mark Hartigan by the end of the year.

Wefox to replace CEO as board snubs sale proposal

Wefox, the German insurance startup, is set to replace CEO Mark Hartigan by the end of the year.
Cargo theft is soaring, with no sign of decline in sight. In 2023 alone, the U.S. faced losses of $130m due to cargo theft, and experts suspect the actual figure to be even higher. Fraudsters are becoming increasingly innovative in their methods, now exploiting the freight bidding process on load boards to secure loads, among other scams.

Combatting cargo theft: The power of CDL Scanners in protecting freight

Cargo theft is soaring, with no sign of decline in sight. In 2023 alone, the U.S. faced losses of $130m due to cargo theft, and experts suspect the actual figure to be even higher. Fraudsters are becoming increasingly innovative in their methods, now exploiting the freight bidding process on load boards to secure loads, among other scams.
For medium-to-large businesses, developing new applications can come with a swathe of new challenges. One key issue revolves around creating workflows for dozens of business applications - and the difficulties that can involve for firms without serious coding expertise. When a leading US insurance business faced this issue, Symfa stepped in to build a micro low-code platform to help insurance business users change business logic fast and easily.

How Symfa’s Rules Engine project strengthened a US insurance giant

For medium-to-large businesses, developing new applications can come with a swathe of new challenges. One key issue revolves around creating workflows for dozens of business applications - and the difficulties that can involve for firms without serious coding expertise. When a leading US insurance business faced this issue, Symfa stepped in to build a micro low-code platform to help insurance business users change business logic fast and easily.

News Stories

AXA, a global leader in insurance and asset management, has unveiled its latest mental health initiative, the Mind Health Self-check.

AXA launches Mind Health Self-check for mental health awareness and insurance prevention

AXA, a global leader in insurance and asset management, has unveiled its latest mental health initiative, the Mind Health Self-check.
Qover, a leading InsurTech company specialising in embedded insurance solutions, has partnered with Mastercard to improve the online shopping experience for Mastercard credit cardholders in Belgium and Luxembourg.

Qover and Mastercard partner to enhance online shopping protection in Belgium and Luxembourg

Qover, a leading InsurTech company specialising in embedded insurance solutions, has partnered with Mastercard to improve the online shopping experience for Mastercard credit cardholders in Belgium and Luxembourg.
Mercedes-Benz Insurance Services UK Limited, the insurance arm of the renowned automobile manufacturer, has partnered with Wrisk to enhance its car insurance offerings with a customer-centric subscription model.

Mercedes-Benz Insurance and Wrisk partner for innovative car insurance solution

Mercedes-Benz Insurance Services UK Limited, the insurance arm of the renowned automobile manufacturer, has partnered with Wrisk to enhance its car insurance offerings with a customer-centric subscription model.
Covr Financial Technologies, a leading digital insurance provider, has launched Advisor 3.0, the latest version of its flagship insurance platform.

Covr launches Advisor 3.0 to transform digital insurance processes

Covr Financial Technologies, a leading digital insurance provider, has launched Advisor 3.0, the latest version of its flagship insurance platform. The update looks to address the...
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.

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