SaaS supply chain compromises: a headache for insurers

The recent Salesloft–Drift OAuth breach illustrates a new headache for cyber insurers: the hidden risks lurking in SaaS supply chains. Running from August 8 to August 18, the attack impacted roughly 700 organisations. By exploiting trusted integrations, attackers bypassed multi-factor authentication (MFA), turning OAuth tokens – digital keys that allow apps to access accounts without passwords – from the Drift–Salesforce connector into unrestricted access. This gave them entry to sensitive customer data, cloud credentials, and other critical assets.

SaaS supply chain compromises: a headache for insurers

October 14, 2025

The recent Salesloft–Drift OAuth breach illustrates a new headache for cyber insurers: the hidden risks lurking in SaaS supply chains. Running from August 8...

US cemented its place as the leader in the InsurTech market with over half...

October 14, 2025

Key Global InsurTech investment stats in Q3 2025: Global InsurTech deal activity grew by 19% QoQ in Q3 US companies secured over half of...

Allianz Global Assistance Canada, and Air Doctor, a telemedicine platform offering virtual and in-person medical services worldwide, have joined forces to enhance healthcare access for travellers.

Air Doctor teams up with Allianz for global telemedicine access

October 13, 2025

Allianz Global Assistance Canada has partnered with Air Doctor, a telemedicine platform offering virtual and in-person medical services worldwide, to enhance healthcare access for travellers. The...

ClaimSorted, an InsurTech start-up transforming how insurers handle claims, has raised $13.3m in a seed funding round aimed at modernising one of the industry’s most outdated processes.

ClaimSorted raises $13.3m to transform insurance claims

October 13, 2025

ClaimSorted, an InsurTech start-up transforming how insurers handle claims, has raised $13.3m in a seed funding round aimed at modernising one of the industry’s...

Insurers are dreaming of AI, but many are still anchored to outdated systems. A 2024 Novidea survey found that 41% of insurance professionals admit their core systems haven’t been updated in over five years. Even more striking, 76% of large firms rely on six or more systems, and nearly a fifth operate with ten or more. This tangled web of legacy technology undermines data quality, security, and scalability, threatening the very potential of AI to transform business.

Inside insurance’s legacy tech problem

October 13, 2025

Insurers are dreaming of AI, but many are still anchored to outdated systems. A 2024 Novidea survey found that 41% of insurance professionals admit...

EIS, a leading cloud-native core platform provider to the insurance industry, has announced the expansion of its flagship platform to accelerate digital transformation within insurance operations.

EIS unveils CoreGentic to boost insurance agility

October 13, 2025

EIS, a leading cloud-native core platform provider to the insurance industry, has announced the expansion of its flagship platform to accelerate digital transformation within...

Socotra, a leading InsurTech company transforming insurance core technology with modern cloud-based solutions, has launched a new product, Agentic Configuration.

Socotra unveils Agentic Configuration for insurers

October 13, 2025

Socotra, a leading InsurTech company transforming insurance core technology with modern cloud-based solutions, has launched a new product, Agentic Configuration. This cutting-edge capability enables insurers...

How Symphony is redefining client interaction in insurance

October 10, 2025

When an insurance client sends a message, every second counts. A delayed reply can cost trust, revenue, and even long-term loyalty. Symphony is helping...

Gradient AI, a leading enterprise software provider of artificial intelligence (AI) solutions, has partnered with Connexure, a provider of quoting, underwriting and administrative software, to strengthen automation and risk management for carriers and managing general underwriters (MGUs).

Connexure and Gradient AI to streamline carrier analytics

October 10, 2025

Gradient AI, a leading enterprise software provider of artificial intelligence (AI) solutions, has partnered with Connexure, a provider of quoting, underwriting and administrative software, to...

Abacus Global Management, a financial services company specialising in alternative asset management and data-driven wealth solutions, has acquired AccuQuote, a leading online life insurance brokerage company.

Abacus buys AccuQuote to enhance digital insurance offering

October 10, 2025

Abacus Global Management, a financial services company specialising in alternative asset management and data-driven wealth solutions, has acquired AccuQuote, a leading online life insurance...