Sector Updates

RDT, a UK-based InsurTech specialising in insurance software platforms, has announced a strategic partnership with Percayso Inform, a data intelligence provider focused on delivering advanced enrichment solutions for the insurance sector.

SBI General Insurance, one of India’s leading general insurance providers, has launched a new product, SBI General Flexi Home Insurance, aimed at meeting the...

Experian, a global data and analytics company, and Root Insurance, an InsurTech specialising in personalised auto insurance, have entered into a strategic partnership aimed at integrating Root’s auto insurance offerings into Experian’s digital marketplace platform.

Earnix, a leading dynamic AI platform for insurance, has entered into a definitive agreement to acquire Zelros in a bid to enable pricing and...

Every year, millions of travellers fall ill while abroad, and most aren’t dealing with drastic emergencies. They're fighting off a nasty flu, seeking relief for a sinus infection, or managing a minor injury. But without easy access to trusted local care, these seemingly low-risk issues often escalate into high-cost claims, according to Adam Feiler, SVP Global Sales at Air Doctor.  

Kennedys IQ has partnered with Solomonic, a litigation analytics company known for its data-driven intelligence platform, to transform how litigation risk is managed across the insurance value chain.

IntellectAI has introduced a new breed of AI-driven underwriting tools designed to elevate decision-making across commercial and specialty lines.

Hiscox, a specialist global insurer, has appointed Phil Withey as chief technology officer (CTO) for its London Market division, reinforcing its leadership team as...

Launching a new insurance product may feel like the finish line, but in reality, it’s only the beginning of a much more nuanced journey. The post-launch period is where real-world performance data begins to flow, offering fresh opportunities and risks for actuaries. Edwin Graham, principal actuarial data scientist at Akur8, outlines the dos and don’ts actuaries should keep in mind when navigating this crucial phase.

Insurance carriers often struggle to extract the full value from their renewal portfolios, largely due to inefficiencies in pricing and outdated systems. According to Quantee, more than 20 factors outside of pure pricing can erode performance. In response to this, the firm has delved into seven actionable strategies that insurers can use to enhance both customer retention and portfolio profitability.