InsurTech

How UK insurers should tackle PRA climate risk guidance

How UK insurers should tackle PRA climate risk guidance

The Bank of England's (BoE) Prudential Regulation Authority (PRA) published Supervisory Statement 5/25 last December, setting out its concerns over the systemic risks that...
AI insurer Harper secures $47m in seed and Series A

AI insurer Harper secures $47m in seed and Series A

Harper, an AI-powered commercial insurance brokerage, has raised $47m in combined seed and Series A funding. The round was led by Emergence Capital, with participation...

How will evolving customer expectations change InsurTech in 2026?

After years of digital transformation initiatives, 2026 is shaping up to be less about technological experimentation and more about behavioural reality. Across insurance markets...
Floodbase and Liberty Mutual launch instant flood quoting

Floodbase and Liberty Mutual launch instant flood quoting

Floodbase, a parametric flood risk insurance platform, and Liberty Mutual have announced the launch of an instant quoting application for parametric flood (re)insurance in...

General Magic raises $7.2m to speed up insurance quotes

General Magic, an AI agent platform for the insurance industry, has raised a $7.2m seed funding round, bringing its total funding to $8.4m. The round...

Canopius taps Globex to scale marine insurance

Canopius, a global specialty and P&C re/insurer, has formed a strategic partnership with Globex Underwriting Services to strengthen the placement of local marine insurance...
water

The insurance cost of undetected water leaks

A water leak is rarely “just a leak”. It is one of the fastest ways to turn an ordinary week into emergency call-outs, disrupted...
Ecuador

Ecuador rolls out parametric cover for farmers

Ecuador has contracted its first parametric agricultural insurance policies, providing protection against extreme rainfall and drought for up to 10,000 people in smallholder rice...

FIS unveils generative AI tool for actuaries

Jacksonville-based FinTech firm FIS has launched the Insurance Risk Suite AI Assistant, a generative AI tool designed to provide actuaries with instant guidance on...
WTW

WTW appoints George Lewkowicz to lead P&C capital modelling

WTW, a global advisory, broking and solutions company, has appointed George Lewkowicz as global proposition leader for P&C capital modelling within its insurance consulting...

News Stories

EQT agrees $2bn deal for McGill and Partners

EQT agrees $2bn deal for McGill and Partners

McGill and Partners, a technology-enabled specialty (re)insurance broker, has agreed to be acquired by EQT in a deal valuing the business at $2bn. The transaction...
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...
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