Sector Updates

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.

Empathy, a technology company redefining how individuals cope with grief and manage end-of-life logistics, has raised $72m in a Series C funding round to further scale its compassionate support platform.

For years, digital transformation in sectors like healthcare, insurance, and financial services has concentrated heavily on front-end innovation, enhancing customer-facing interfaces like apps and portals. However, the underlying infrastructure has often remained disjointed and inefficient, with outdated workflows, compliance risks, and manual intervention creating friction and operational silos.

When discussing property and casualty insurance, the market typically divides into personal and commercial lines. However, not all clients fit neatly into either category. Sole proprietors often blur the lines, sometimes seeking quotes as individuals, other times as businesses - occasionally comparing both to secure the best deal. Dynamic insurance pricing software provider Quantee has delved into the commercial lines side, examining what sets pricing in this segment apart, and the hurdles insurers often face.