Sector Updates

Everest, a global provider of insurance and reinsurance solutions, has appointed Mark Shaw as chief commercial officer (CCO) for its International Insurance division.

Mark Shaw takes on chief commercial officer role at Everest

Everest, a global provider of insurance and reinsurance solutions, has appointed Mark Shaw as chief commercial officer (CCO) for its International Insurance division.
Intersys, a UK-based cybersecurity and IT services provider, has announced the official launch of its operations in India.

Intersys India debuts with cyber risk tools for insurers

Intersys, a UK-based cybersecurity and IT services provider, has announced the official launch of its operations in India.
Squalify, a Munich-based top-down cyber risk quantification platform, has expanded into the U.S. market, onboarding its first American client, Henry Meds, a fast-growing digital healthcare firm located in the Bay Area.

Squalify enters U.S. with cyber risk platform launch

Squalify, a Munich-based top-down cyber risk quantification platform, has expanded into the U.S. market, onboarding its first American client, Henry Meds, a fast-growing digital healthcare firm located in the Bay Area.
OpenDialog, a conversational AI company focused on the insurance sector, has joined forces with Guidewire, a cloud platform provider for the property and casualty (P&C) insurance industry, through the Insurtech Vanguards programme.

OpenDialog joins Guidewire to boost safe AI in insurance

OpenDialog, a conversational AI company focused on the insurance sector, has joined forces with Guidewire, a cloud platform provider for the property and casualty (P&C) insurance industry, through the Insurtech Vanguards programme.
Verisk, a global data analytics and technology provider, has agreed to acquire SuranceBay, a leading InsurTech firm specialising in licensing and compliance solutions for the life and annuity sector, for $162.5m in cash.

Verisk expands life solutions with $162.5m SuranceBay deal

Verisk, a global data analytics and technology provider, has agreed to acquire SuranceBay, a leading InsurTech firm specialising in licensing and compliance solutions for the life and annuity sector, for $162.5m in cash.
Orion180, a US-based home insurance provider specialising in technology-driven, customer-centric solutions, has introduced its FLEX Home Insurance product in nine counties across eastern Massachusetts.

FLEX by Orion180 expands to nine Massachusetts counties

Orion180, a US-based home insurance provider specialising in technology-driven, customer-centric solutions, has introduced its FLEX Home Insurance product in nine counties across eastern Massachusetts.
Quandri, a Canadian InsurTech startup transforming insurance brokerage operations through AI-powered automation, has secured $12m in a Series A funding round, marking a significant milestone in its growth journey.

Canadian InsurTech Quandri raises $12m to scale AI platform

Quandri, a Canadian InsurTech startup transforming insurance brokerage operations through AI-powered automation, has secured $12m in a Series A funding round, marking a significant...
ePayPolicy, a leading digital payments platform for the insurance industry, has announced a strategic integration with INTX Insurance Software, a provider of end-to-end policy administration systems for the insurance sector.

Digital payment boost as INTX partners with ePayPolicy

ePayPolicy, a leading digital payments platform for the insurance industry, has announced a strategic integration with INTX Insurance Software, a provider of end-to-end policy administration systems for the insurance sector.

AI workflow automation startup Heron lands $16m Series A

Heron, a workflow automation company specialising in AI-powered document processing for traditional industries such as lending, insurance and equipment finance, has raised $16m in a Series A funding round.
Globe Underwriting, a UK-based managing general agent (MGA) specialising in tailored insurance solutions, has taken a significant step forward with the launch of its professional indemnity (PI) proposition.

Globe Underwriting launches new professional indemnity product

Globe Underwriting, a UK-based managing general agent (MGA) specialising in tailored insurance solutions, has taken a significant step forward with the launch of its professional indemnity (PI) proposition.

News Stories

Weecover: microservices are the key to AI in insurance

Weecover, an InsurTech platform specialising in insurance management and distribution technology, has argued that microservices architecture, not algorithms, is the decisive factor in successfully...

Entsia helps Delta Insurance accelerate Ebix product launch

Delta Insurance, an commercial insurer, has launched its Cyber and Management Liability products on the Ebix Sunrise Exchange platform, with implementation support from Entsia,...

Akur8 lands Portage Mutual in Canada pricing deal

Portage Mutual, one of Canada's leading property and casualty mutual insurers serving the Prairie Provinces, has chosen actuarial AI specialist Akur8 to modernise its...
trends negatively impacting insurance

Cybercrime tops insurance performance threats at 83% alongside AI readiness and talent

Key views of trends negatively impacting insurance organisation’s performance: KPMG’s Insurance CEO Outlook surveyed 110 insurance CEOs across 11 markets, all leading organisations with revenues...

Zurich Advisor IQ brings AI coaching to F&I managers

Zurich U.S., one of America's leading providers of property and casualty insurance and finance and insurance (F&I) solutions for auto dealers, has unveiled Zurich...
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