Sector Updates

AI-driven Magic Placement transforms underwriting with smarter document insights

AI-driven Magic Placement transforms underwriting with smarter document insights

Insurance brokers are under growing pressure to process increasingly complex documentation while maintaining accuracy and speed. From comparing quotes to evaluating binders and policies,...
Markel is expanding its partnership with AI-driven InsurTech firm Mea Platform to include its Canadian underwriting operations.

Markel expands Mea Platform partnership to Canada in bid to boost underwriting efficiency

Markel is expanding its partnership with AI-driven InsurTech firm Mea Platform to include its Canadian underwriting operations.
Toolstation, one of the UK’s largest suppliers of tools and building supplies, has partnered with digital insurance broker Superscript to offer tradespeople tailored insurance via the Toolstation Club.

Toolstation and Superscript launch insurance offering for UK tradespeople

Toolstation, one of the UK’s largest suppliers of tools and building supplies, has partnered with digital insurance broker Superscript to offer tradespeople tailored insurance via the Toolstation Club.
Eleos Life, a UK-based digital provider of embedded life and disability insurance, has announced its expansion into the U.S. market through strategic partnerships with Assurity, a mutual insurance corporation, and SCOR, a global reinsurer.

UK’s Eleos Life expands to U.S. with Assurity and SCOR to tackle insurance gap

Eleos Life, a UK-based digital provider of embedded life and disability insurance, has announced its expansion into the U.S. market through strategic partnerships with Assurity, a mutual insurance corporation, and SCOR, a global reinsurer.
In health and social care, technology should make life easier, not more complex. ViClarity takes a partnership-first approach, recognising that successful digital transformation relies on the people using the system, not just the software itself.

Why ViClarity’s partnership-first approach is reshaping care sector technology

In health and social care, technology should make life easier, not more complex. ViClarity takes a partnership-first approach, recognising that successful digital transformation relies on the people using the system, not just the software itself.
dacadoo, a global leader in digital health engagement technology founded in 2010, has announced the launch of Generation 5 of its Digital Health Engagement Platform (DHEP).

dacadoo updates next-gen DHEP with AI coaching and hyper-personalisation

dacadoo, a global leader in digital health engagement technology founded in 2010, has announced the launch of Generation 5 of its Digital Health Engagement Platform (DHEP).
The insurance sector is undergoing significant transformation, driven by the rapid evolution of technology and shifting market dynamics. According to Earnix, agentic AI lies at the heart of this change. Unlike conventional large language models that simply respond to user prompts, agentic AI is designed to take autonomous action, complete complex tasks, and drive outcomes – making it a key player in the future of InsurTech.

Why real-time AI is redefining pricing and underwriting in insurance

The insurance sector is undergoing significant transformation, driven by the rapid evolution of technology and shifting market dynamics. According to Earnix, agentic AI lies at the heart of this change. Unlike conventional large language models that simply respond to user prompts, agentic AI is designed to take autonomous action, complete complex tasks, and drive outcomes – making it a key player in the future of InsurTech.
Vitesse has unveiled a new research report shedding light on major inefficiencies in claims finance that continue to burden the insurance industry across the US and UK.

Fragmented systems leave insurers struggling with payments and liquidity

Vitesse has unveiled a new research report shedding light on major inefficiencies in claims finance that continue to burden the insurance industry across the US and UK.
Neutrinos, a digital experience platform provider specialising in AI-driven automation, has entered a technology vendor agreement with Simplified Solutions, a division of U.S.-based Prudential Financial Inc. (PFI), to transform and enhance its digital ecosystem.

Prudential Financial’s Simplified Solutions taps Neutrinos to drive digital insurance transformation

Neutrinos, a digital experience platform provider specialising in AI-driven automation, has entered a technology vendor agreement with Simplified Solutions, a division of U.S.-based Prudential Financial Inc. (PFI), to transform and enhance its digital ecosystem.
A new study from CLARA Analytics has revealed that advanced AI-powered techniques can flag potential fraud in property and casualty insurance claims as early as two weeks after the first notice of loss, drastically outpacing traditional methods.

Early fraud detection breakthrough could save insurers billions, according to new research

A new study from CLARA Analytics has revealed that advanced AI-powered techniques can flag potential fraud in property and casualty insurance claims as early as two weeks after the first notice of loss, drastically outpacing traditional methods.

News Stories

Majesco: Agentic AI shapes the future of insurance

Majesco, an AI-native and cloud-native software provider for the insurance industry, has published its latest thought leadership report examining how insurers are approaching artificial...
Federato brings AI insurance platform to APAC and Japan

Federato brings AI insurance platform to APAC and Japan

Federato, an AI-native InsurTech platform covering the full insurance policy lifecycle, has announced its expansion into the Asia-Pacific and Japan (APJ) region, opening its...
Marshmallow joins Percayso and TransUnion in data deal

Marshmallow joins Percayso and TransUnion in data deal

Marshmallow Insurance, an auto insurance provider focused on people moving to the UK, has signed a multi-year data partnership with Percayso Inform, a behaviour...

Matic secures Primus Capital investment and Policygenius deal

Matic, an embedded insurance platform, has secured a minority investment from private equity firm Primus Capital and completed the acquisition of Policygenius' property and...
LexisNexis launches motor claims data intelligence suite

LexisNexis launches motor claims data intelligence suite

LexisNexis Risk Solutions, a global provider of information-based analytics and decision tools and part of RELX, has unveiled a suite of new data intelligence...
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