Sector Updates

InsurTech EIP unveils voice-led claims AI agent

Discover how EIP's Virtual TPAi automates insurance claims end-to-end. Read the full story to see what it means for insurers.

How AI slashed a wholesaler’s quote processing time by 67%

A top-three insurance wholesaler has dramatically overhauled its back-office operations after deploying AI automation tools from IntellectAI, cutting quote processing effort by 67% and...

Why insurers are losing customers they could keep

A decade of investment in pricing engines, underwriting platforms, and digital channels has done little to close the widening gap between what insurers promise...
Patra

Patra bolsters leadership team to drive AI insurance push

Patra, an InsurTech firm operating one of the insurance industry's largest production-grade agentic AI platforms, has announced a raft of senior leadership appointments intended...
Lemonade

North Dakota renters get Lemonade insurance access

Lemonade, a tech-first insurance company with more than three million active customers, has launched its renters insurance product in North Dakota, extending its presence...
Irish InsurTech Kayna joins Guidewire Vanguards programme

Irish InsurTech Kayna joins Guidewire Vanguards programme

Kayna, an embedded insurance distribution platform headquartered in Cork, Ireland, has been accepted into the Guidewire InsurTech Vanguards programme, run by property and casualty...
Adaptive Insurance taps ZestyAI for storm risk underwriting

Adaptive Insurance taps ZestyAI for storm risk underwriting

Adaptive Insurance, a specialist provider of climate-focused insurance products, has selected ZestyAI, an AI-powered risk and decision intelligence platform, to integrate property-level storm risk...
Insurance CEO views agentic AI

Insurance CEOs identify agentic AI as a value driver with 44% expecting major benefits

KPMG's Insurance CEO Outlook surveyed 110 insurance CEOs across 11 markets, all leading organisations with revenues above $500m 44% of CEOs expect agentic...

TCS secures multiyear managed services deal

Tata Consultancy Services (TCS), a global IT services and consulting firm, has entered into a multiyear transformation and managed services agreement with Canada Life,...

Zinnia unveils API-first tools for insurance distribution

Zinnia, an Eldridge Industries-backed life and annuity InsurTech platform, has launched headless annuity order entry capabilities, allowing carriers, banks, broker-dealers, and independent marketing organisations...

News Stories

Collective adds insurance to its platform for the self-employed

Collective adds insurance to its platform for the self-employed

Collective, the all-in-one financial platform designed solely for self-employed entrepreneurs, has unveiled its Insurance Center, giving members across all 50 US states a single...
AI InsurTech Corgi's valuation soars to $4bn

AI InsurTech Corgi’s valuation soars to $4bn

Corgi, the AI-driven InsurTech, has closed a fresh funding round valuing the business at $4bn, its third raise in under three months. The latest round,...
Liberty Mutual

Liberty Mutual Re names new global cyber reinsurance chief

Liberty Mutual Reinsurance Group (LM Re), the reinsurance arm of Liberty Mutual Insurance Group, has named Tom Spurgeon as its new global head of...
ZestyAI makes international debut at Lloyd's with MAP

ZestyAI makes international debut at Lloyd’s with MAP

ZestyAI, the Risk Decision Platform serving the insurance sector, has signed MAP Underwriting (Managing Agency Partners), a managing agency at Lloyd's of London, as...
MGAs

Insurance-native AI: the next edge for UK MGAs

The UK's managing general agent (MGA) sector has emerged as one of the standout performers in insurance, frequently beating the wider market across commercial,...
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