InsurTech

Healthcare costs are spiralling, with the average annual premium for employer-sponsored family coverage reaching $26,993 in 2025—a 6% increase year-on-year. Employees are paying an average of $6,850, outpacing wage growth and the Consumer Price Index (CPI). With inflation and high-cost therapies like GLP-1 drugs driving this surge, employers and insurers face mounting financial and competitive pressure.

How dacadoo lowers rising $27k health insurance costs

Healthcare costs are spiralling, with the average annual premium for employer-sponsored family coverage reaching $26,993 in 2025—a 6% increase year-on-year. Employees are paying an...
Verisk, a global data analytics and technology provider to the insurance industry, has expanded its collaboration with KYND to integrate advanced cyber intelligence into its Rulebook platform.

KYND powers Verisk Rulebook for better cyber underwriting

Verisk, a global data analytics and technology provider to the insurance industry, has expanded its collaboration with KYND to integrate advanced cyber intelligence into...
Techficient has unveiled Surefire, a new end-to-end life insurance underwriting platform designed to simplify underwriting, cut costs, and improve business quality for carriers.

Techficient debuts Surefire solution to simplify life insurance processes

Techficient has unveiled Surefire, a new end-to-end life insurance underwriting platform designed to simplify underwriting, cut costs, and improve business quality for carriers. The InsurTech...
Zain Group has launched Kuwait’s first fully digital, end-to-end motor insurance application, marking a significant milestone in the country’s insurance and telecom sectors.

Zain introduces mobile-first digital motor insurance solution

Zain Group has launched Kuwait’s first fully digital, end-to-end motor insurance application, marking a significant milestone in the country’s insurance and telecom sectors. Developed in...
Sixfold, the AI underwriting platform used by leading life, health and P&C insurers, has launched a new AI Adoption Guide to help carriers accelerate the transition from pilot programmes to full deployment.

Sixfold unveils AI adoption guide for insurers

Sixfold, the AI underwriting platform used by leading life, health and P&C insurers, has launched a new AI Adoption Guide to help carriers accelerate...
Regulatory and financial requirements heavily influence the content and format of loss reserve reporting. These mandates often produce extremes in the information presented. On one hand, actuaries require highly detailed, granular data for robust analysis. On the other, management relies on summarised estimates to make strategic decisions. Between these two layers, static spreadsheets and slide decks frequently dominate, leaving valuable insights underutilised. Akur8, a leading actuarial software provider, highlights how modern platforms can help bridge this gap by making granular data more accessible and actionable for all stakeholders.

Unlocking loss reserve data for smarter management choices

Regulatory and financial requirements heavily influence the content and format of loss reserve reporting. These mandates often produce extremes in the information presented. On...
Parametrix, a provider of parametric insurance for digital business interruption, has raised $27m in Series B funding led by Mundi Ventures, FirstMark Capital, and Hannover Digital Investments, the corporate venture arm of HDI Group.

Parametrix bags $27m to expand parametric coverage

Parametrix, a provider of parametric insurance for digital business interruption, has raised $27m in Series B funding led by Mundi Ventures, FirstMark Capital, and...
Wisedocs, an AI-powered medical record review and claims documentation platform with expert human oversight, has joined the Guidewire Insurtech Vanguards program, a curated community of InsurTechs helping property and casualty (P&C) insurers modernise and scale their operations.

Wisedocs joins Guidewire’s Insurtech Vanguards program

Wisedocs, an AI-powered medical record review and claims documentation platform with expert human oversight, has joined the Guidewire Insurtech Vanguards program, a curated community...
A high-potential producer is ready to join your network, but contract reviews often drag on for weeks. Commission questions and addendums slow the process. By the time organisations are ready to finalise, the producer may have signed with a competitor who moved faster.

How to accelerate producer contracting and onboarding

A high-potential producer is ready to join your network, but contract reviews often drag on for weeks. Commission questions and addendums slow the process....
Modern pricing engines are rapidly changing how insurers approach deployment, shifting from an infrastructure-heavy burden to a streamlined strategic capability. In a sector long constrained by complex integrations, unpredictable expenditure and brittle architecture, cloud-native design is now redefining how IT leaders deliver performance, agility and resilience, according to Akur8.

How insurers scale pricing engines with agility

Modern pricing engines are rapidly changing how insurers approach deployment, shifting from an infrastructure-heavy burden to a streamlined strategic capability. In a sector long...

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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