InsurTech

Can actuaries trust AI models?

Can actuaries trust AI models?

InsurTech firm Akur8 is taking a controlled approach to AI adoption in insurance: if using AI for actuarial work is possible and even necessary...
Capricorn Mutual completes Duck Creek platform go-live

Capricorn Mutual completes Duck Creek platform go-live

Aggne, a Wipro company and insurance technology services provider, has confirmed the successful go-live of Capricorn Mutual, the member-owned risk protection organisation, on Duck...
Why rating engines are becoming insurers' decision hub

Why rating engines are becoming insurers’ decision hub

Pricing technology is moving beyond its traditional home in actuarial and underwriting teams. Rating engines are increasingly being used by marketing, innovation and product...
AML

Why underwriting data holds the key to spotting AML risk

Insurance houses across South Africa are pouring money into anti-financial crime tools, yet heavy spending alone is not solving the problem. Effectiveness, particularly at...
Wildfire data model drives new California cover

Wildfire data model drives new California cover

DUAL North America, a specialty programme administrator, Kingstone Companies, a Northeast-focused property insurer, and Windward Risk Managers, a Florida-based risk manager, have each launched...
ManyPets debuts UK's first ChatGPT insurance plugin

ManyPets debuts UK’s first ChatGPT insurance plugin

ManyPets, a UK pet insurance provider offering Lifetime cover and an AI-powered claims service, has become the first UK specialist pet insurance provider to...
RateZip brings real-time pricing data to ChatGPT

RateZip brings real-time pricing data to ChatGPT

RateZip, an independent US consumer rates platform that compares savings, deposit, mortgage and lending rates, has launched a live rates service inside ChatGPT, giving...
Insurers struggle to turn AI into action

Insurers struggle to turn AI into action

Insurers are investing heavily in artificial intelligence across pricing, underwriting, claims, risk assessment and customer engagement. Yet as AI models become more sophisticated, the...

Sixfold’s new AI tool tackles life and health cases

Sixfold, the underwriting AI platform used by leading insurers around the world, has launched an AI Underwriter for Life & Health insurance, a governed...
Great Hill Partners announces strategic investment in Aurenity

Great Hill Partners announces strategic investment in Aurenity

Aurenity, a technology-enabled excess & surplus (E&S) managing general agent headquartered in Connecticut, has secured a strategic investment from Great Hill Partners, a private...

News Stories

How AI could help insurers manage rising climate costs

How AI could help insurers manage rising climate costs

Climate change is putting insurance models under growing pressure as rising claims costs, natural catastrophe losses and more expensive repairs push premiums higher. For...
Whole-case renewals can hide margin leakage in group benefits

Whole-case renewals can hide margin leakage in group benefits

Group benefits insurers may be missing pricing opportunities when renewal decisions are made at whole-case level, particularly where different products within the same customer...
AI brings new precision to Risk Theory’s wildfire underwriting

AI brings new precision to Risk Theory’s wildfire underwriting

California’s challenging homeowners insurance market is pushing specialty providers to find more precise ways of assessing wildfire exposure. Risk Theory is using property-level AI...
CLARA unveils end-to-end agentic claims platform

CLARA unveils end-to-end agentic claims platform

CLARA Analytics, an AI-driven claims optimisation specialist, has introduced Agentic Intelligence, which it describes as the first end-to-end AI workforce designed for complex casualty...
Shelter Insurance taps One Inc to digitise payments

Shelter Insurance taps One Inc to digitise payments

One Inc, a payments network built specifically for the insurance sector, has been picked by Shelter Insurance Companies to overhaul how the carrier's customers...
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