Sector Updates

WTW, a global professional services firm specialising in advisory, broking, and risk management, today announced the launch of Captive Fit, a new analytical and strategic service, as the captive insurance market continues to see significant growth.

Captive Fit by WTW enhances insurance programme efficiency

WTW, a global professional services firm specialising in advisory, broking, and risk management, today announced the launch of Captive Fit, a new analytical and...
Amica Mutual Insurance Company, the nation’s longest-standing mutual auto insurer, has announced a new multi-year partnership with Penn State Athletics, becoming the programme’s Official Auto, Home, and Life Insurance Partner.

Amica and Penn State join forces in multi-year sports deal

Amica Mutual Insurance Company, the nation’s longest-standing mutual auto insurer, has announced a new multi-year partnership with Penn State Athletics, becoming the programme’s Official Auto,...
Honeycomb Insurance, a deep-tech digital Managing General Agent (MGA) specialising in tailored property and casualty coverage, has announced a strategic partnership with Neptune Flood to simplify and accelerate insurance delivery for property owners and their agents.

Honeycomb Insurance and Neptune Flood streamline property coverage

Honeycomb Insurance, a deep-tech digital Managing General Agent (MGA) specialising in tailored property and casualty coverage, has announced a strategic partnership with Neptune Flood...
Data plays a defining role in determining both the speed and accuracy of the loss reserving process. Yet, for many actuaries, gaining access to that data remains a persistent challenge. Legacy systems are rarely designed to handle the data-heavy demands of modern reserving, creating a bottleneck that often results in rushed quarterly reviews. As a result, actuarial teams can find themselves focusing more on completing reports than on delivering deeper analytical insights, according to Akur8.

How data access is redefining actuarial efficiency

Data plays a defining role in determining both the speed and accuracy of the loss reserving process. Yet, for many actuaries, gaining access to...
Federato, a pioneering InsurTech company redefining underwriting intelligence, has unveiled an enterprise-grade agentic AI platform designed to revolutionise how insurers assess, quote, and manage risk.

Federato unveils enterprise-grade agentic AI solution

Federato, a pioneering InsurTech company redefining underwriting intelligence, has unveiled an enterprise-grade agentic AI platform designed to revolutionise how insurers assess, quote, and manage...

How BexarWare is laser-focused on modernising the insurance industry

Originally founded in 2019, San Antonio-headquartered BexarWare provides end-to-end custom software services that meet complex business challenges with native, hybrid, and custom software development....
VisitorsCoverage, a digital travel insurance firm, has announced a strategic partnership with visa processing platform Atlys to streamline the travel insurance checkout process.

VisitorsCoverage partners with Atlys to embed travel insurance

VisitorsCoverage, a digital travel insurance firm, has announced a strategic partnership with visa processing platform Atlys to streamline the travel insurance checkout process. The collaboration...
ChainThat has received formal recognition from Everett Cash Mutual (ECM), marked by a framed, signed resolution from ECM’s Board of Directors.

ChainThat recognised by Everett Cash Mutual for transformative tech

ChainThat has received formal recognition from Everett Cash Mutual (ECM), marked by a framed, signed resolution from ECM’s Board of Directors. The accolade celebrates ChainThat’s...
Simply Business, a US-based small business insurance broker, has announced the launch of a groundbreaking AI-powered insurance advisor.

Simply Business launches AI-powered insurance advisor

Simply Business, a US-based small business insurance broker, has announced the launch of a groundbreaking AI-powered insurance advisor. The new AI tool has been developed...
Previsico, a live flood alert InsurTech based in the UK, has announced the successful close of its Series A funding round, marking a significant step in its global growth ambitions.

Flood alert InsurTech Previsico lands Series A investment

Previsico, a live flood alert InsurTech based in the UK, has announced the successful close of its Series A funding round, marking a significant...
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Acrisure's Auris AI targets insurance's data silos

Acrisure’s Auris AI targets insurance’s data silos

Acrisure, the global FinTech group spanning insurance, reinsurance, payroll, benefits, cybersecurity and real estate services across 19 countries, has launched Auris AI, an applied...
Agero, MOTER team up on connected claims

Agero, MOTER team up on connected claims

Agero, a digital driver assistance provider operating through its recently acquired Urgently platform, and MOTER Technologies (MOTER), an InsurTech firm that converts connected vehicle...

AXA expands AI agent hub with Publicis Sapient

AXA, the global insurance and asset management group, has entered into a strategic partnership with Publicis Sapient, a technology company specialising in enterprise AI...

intellectAI Insurance’s month of listening exposes wholesale broking’s data gap

IntellectAI has used its Broker Appreciation Month (BAM) campaign, which ran throughout July, to surface the operational friction still holding back wholesale insurance distribution,...
What music can teach insurance actuaries

Actuaries and music: a mathematical connection

Actuaries and musicians may work in very different fields, but both rely on patterns, interpretation and judgement. At Akur8, several actuaries say their experience with...
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