Sector Updates

The Managing General Agents’ Association (MGAA), which represents MGAs in the UK and Gibraltar, has entered a strategic partnership with market intelligence platform Insurance DataLab.

MGAA and Insurance DataLab team up to boost MGA insights

The Managing General Agents’ Association (MGAA), which represents MGAs in the UK and Gibraltar, has entered a strategic partnership with market intelligence platform Insurance DataLab.
Sure, a leading InsurTech provider, has launched the insurance industry’s first Model Context Protocol (MCP) capability, a pioneering development that allows AI agents to autonomously quote, bind, and service insurance policies.

Sure launches MCP to automate insurance with AI agents

Sure, a leading InsurTech provider, has launched the insurance industry’s first Model Context Protocol (MCP) capability, a pioneering development that allows AI agents to autonomously quote, bind, and service insurance policies.
Broadstone, a leading UK financial services consultancy, has acquired ExactVAL, a specialist provider of actuarial valuation and cashflow analysis services, to strengthen its position in the bulk purchase annuity market.

Broadstone snaps up ExactVAL to enhance life insurer analytics

Broadstone, a leading UK financial services consultancy, has acquired ExactVAL, a specialist provider of actuarial valuation and cashflow analysis services, to strengthen its position in the bulk purchase annuity market.
Cytora, an AI-driven digital risk processing platform used across the commercial insurance ecosystem, has unveiled Concierge, a major update to its platform.

Concierge by Cytora streamlines multi-request insurance workflows

Cytora, an AI-driven digital risk processing platform used across the commercial insurance ecosystem, has unveiled Concierge, a major update to its platform.
SmartStream, a global provider of financial Transaction Lifecycle Management (TLM®) solutions, has announced the expansion of its AI-powered reconciliation and data management platform, SmartStream Air, into the insurance sector.

SmartStream launches AI reconciliation tool for insurers

SmartStream, a global provider of financial Transaction Lifecycle Management (TLM®) solutions, has announced the expansion of its AI-powered reconciliation and data management platform, SmartStream Air, into the insurance sector.
Markel Insurance has announced the launch of InsurtechRisk+, a specialised insurance solution tailored for InsurTech businesses operating across multiple global markets.

Markel unveils InsurtechRisk+ to protect global InsurTechs

Markel Insurance has announced the launch of InsurtechRisk+, a specialised insurance solution tailored for InsurTech businesses operating across multiple global markets.
The Health and Protection insurance sector stands at a critical juncture. While consumers have grown accustomed to seamless digital experiences from the likes of Amazon, Google and Uber, insurers continue to fall short, according to Comarch. Today’s customers want digital services that value their loyalty and make interactions easy. Unfortunately, most Health and Protection insurers are burdened by outdated systems and an industry culture steeped in conservatism.

Health insurers stuck behind the digital curve

The Health and Protection insurance sector stands at a critical juncture. While consumers have grown accustomed to seamless digital experiences from the likes of...
Zorro secures $20m to transform AI-powered health benefits

Zorro secures $20m to transform AI-powered health benefits

Zorro, a next-generation benefits administration platform, has secured $20m in Series A funding as it looks to transform how healthcare benefits are delivered to brokers, employers and employees across the United States.
Mylo, a small business insurance broker, and UENI, a website-building and digital marketing platform, have announced a strategic partnership aimed at helping small businesses strengthen their online presence while also securing essential insurance coverage.

UENI partners with Mylo to simplify insurance for SMEs

Mylo, a small business insurance broker, and UENI, a website-building and digital marketing platform, have announced a strategic partnership aimed at helping small businesses strengthen their online presence while also securing essential insurance coverage.
PremFina, the UK’s fastest-growing insurance premium finance provider, has announced a major funding milestone through the completion of a £350m private securitisation facility, supported by HSBC and Waterfall Asset Management.

PremFina secures £350m facility for UK expansion

PremFina, the UK’s fastest-growing insurance premium finance provider, has announced a major funding milestone through the completion of a £350m private securitisation facility, supported by HSBC and Waterfall Asset Management.
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Latest Analysis

News Stories

Producer licensing is one of those parts of insurance that tends to stay in the background until it starts slowing everything else down. As carriers expand their agent networks, the process of onboarding producers, managing appointments, and maintaining compliance records often still depends on fragmented systems and manual intervention.

Fixing the producer bottleneck in insurance distribution

Producer licensing is one of those parts of insurance that tends to stay in the background until it starts slowing everything else down. As...
Simply Business, a digital insurance marketplace, has launched a business insurance app on ChatGPT in the US, alongside a separate rollout in the UK.

Simply Business brings small business insurance pricing into ChatGPT

Simply Business, a digital insurance marketplace, has launched a business insurance app on ChatGPT in the US, alongside a separate rollout in the UK. The...
Cytora, a digital risk processing platform, has announced a strategic relationship with LexisNexis Risk Solutions to embed advanced data and analytics into its platform for US commercial insurers.Cytora, a digital risk processing platform, has announced a strategic relationship with LexisNexis Risk Solutions to embed advanced data and analytics into its platform for US commercial insurers.

Cytora partners LexisNexis to enhance US commercial underwriting

Cytora, a digital risk processing platform, has announced a strategic relationship with LexisNexis Risk Solutions to embed advanced data and analytics into its platform...
INSTANDA, a no-code insurance platform provider, has partnered with DataCrest, a workflow solutions firm, to enhance submission intake and quoting efficiency for insurers and MGAs.

INSTANDA and DataCrest team up to streamline insurance submissions

INSTANDA, a no-code insurance platform provider, has partnered with DataCrest, a workflow solutions firm, to enhance submission intake and quoting efficiency for insurers and...
Openly, a tech-enabled homeowners insurance provider, has secured a growth investment round led by existing investors Eden Global Partners, Advance Venture Partners and Gradient, with strategic participation from Allianz X.

Openly boosts expansion plans with funding and Allianz Re deal

Openly, a tech-enabled homeowners insurance provider, has secured a growth investment round led by existing investors Eden Global Partners, Advance Venture Partners and Gradient,...
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