Sector Updates

UK-based InsurTech firm Optalitix has launched Model Monitoring, a new feature for its flagship Optalitix Models platform, offering real-time tracking and analysis of insurance pricing models.

Independent specialty MGA HIVE Underwriters has announced a major strategic expansion into the space insurance sector with the appointment of Jack Kenneally as class underwriter.

Frank Winston Crum Insurance has partnered with Akur8 to enhance its risk modelling, pricing, and reserving processes through the adoption of Akur8’s core platform solution.

UK insurer Ageas has joined the Financial Services Skills Commission to help equip its 2,200 employees with future-ready skills.

Consumer lending is undergoing a major shift as artificial intelligence becomes embedded in pricing and personalisation strategies. Earnix, a leading provider of AI-powered analytics tools, is playing a key role in helping banks optimise their lending portfolios and better serve diverse customer segments.

Igloo, a regional InsurTech leader headquartered in Southeast Asia, has launched a new business line, Igloo Tech Solutions, aimed at modernising insurance operations and accelerating digital transformation across the region.

FullCircl continues to position itself at the forefront of insurance transformation, helping brokers navigate a “new era” marked by rapid change, rising expectations, and increased competition. The company has outlined a series of core principles aimed at empowering brokers to drive growth, enhance customer relationships, and thrive through smarter operations.

INTX Insurance Software, a global provider of end-to-end P&C policy management systems, has officially entered the North American market.

Singapore-based InsurTech firm bolttech has expanded its partnership with Amazon Web Services (AWS) to implement generative AI (GenAI) across its global operations.

Blueberry Life, a UK-based InsurTech company focused on redefining the future of life insurance, has launched a crowdfunding campaign on CrowdCube to support its new longevity subscription.