Sector Updates

Akur8, a next-generation pricing and reserving platform, has been selected by South African insurance underwriter Alpha Insure to help elevate its pricing process.

Alpha Insure adopts Akur8’s machine learning pricing platform for smarter underwriting

Akur8, a next-generation pricing and reserving platform, has been selected by South African insurance underwriter Alpha Insure to help elevate its pricing process.
Digital insurance broker UpCover secures $19m Series A funding

Digital insurance broker UpCover secures $19m Series A funding

Digital insurance broker UpCover, which specialises in commercial insurance solutions, has raised $19m in a Series A funding round to accelerate the growth of its platform.
Announced in early 2021 and currently at version 3.2, the Core Data Record (CDR) is a groundbreaking initiative aimed at streamlining and standardising transaction data collection. Designed to be captured at the point of binding, this system facilitates key processes such as premium validation, claims matching, tax validation, and regulatory reporting. Now it is at the epicentre of the insurance sector's digital revolution, as Novidea explains.

How Lloyd’s Core Data Record is transforming the insurance industry

Announced in early 2021 and currently at version 3.2, the Core Data Record (CDR) is a groundbreaking initiative aimed at streamlining and standardising transaction...
LoadStar Insurance Services, a managing general agent (MGA), has announced a partnership with Redkik to modernise and streamline customs inspection coverage for businesses worldwide.

LoadStar and Redkik partner to streamline customs inspection insurance

LoadStar Insurance Services, a managing general agent (MGA), has announced a partnership with Redkik to modernise and streamline customs inspection coverage for businesses worldwide. Customs...
Norwegian InsurTech startup 7Analytics, which specialises in flood data analytics, has received an investment from IAG Firemark Ventures, the corporate venture capital arm of general insurer IAG.

InsurTech firm 7Analytics secures investment from IAG Firemark Ventures

Norwegian InsurTech startup 7Analytics, which specialises in flood data analytics, has received an investment from IAG Firemark Ventures, the corporate venture capital arm of general insurer...

Carbon Underwriting adds industry veterans Paddy Byrne and Michael Watson to board

Carbon Underwriting, a specialist independent managing general underwriter and Lloyd’s syndicate, has announced significant changes to its board of directors. The company has appointed industry...
Simplifai, a leader in AI-driven automation, has launched Agentic AI designed to optimise critical processes such as claims handling, underwriting, and customer service.

Simplifai launches Agentic AI to transform insurance automation

Simplifai, a leader in AI-driven automation, has launched Agentic AI designed to optimise critical processes such as claims handling, underwriting, and customer service. The Norwegian...
Earnix, a global leader in intelligent decisioning SaaS solutions for financial services, has emphasised the importance of the UK’s newly released AI Cyber Security Code of Practice.

Earnix emphasises importance of UK’s AI Cyber Security Code of Practice

Earnix, a global leader in intelligent decisioning SaaS solutions for financial services, has emphasised the importance of the UK’s newly released AI Cyber Security...
Ahoy! Insurance, a technology-driven InsurTech provider specialising in marine insurance, has announced its expansion into the Florida market.

Ahoy! Insurance enters Florida market with innovative marine insurance solutions

Ahoy! Insurance, a technology-driven InsurTech provider specialising in marine insurance, has announced its expansion into the Florida market. This move aims to provide Florida’s boating...
Bestow, a leading InsurTech platform, has announced the appointment of three new executives to support its next phase of growth.

Bestow strengthens leadership team with three key hires to drive growth

Bestow, a leading InsurTech platform, has announced the appointment of three new executives to support its next phase of growth. David Malenoir-Evans joins as chief...
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Latest Analysis

News Stories

Wellness programmes have become an increasingly common feature in life insurance offerings. Many insurers launch digital health initiatives with strong internal support and early customer interest. Yet maintaining engagement over time remains a persistent challenge.

Why life insurers struggle to sustain wellness programme engagement

Wellness programmes have become an increasingly common feature in life insurance offerings. Many insurers launch digital health initiatives with strong internal support and early...
INSTANDA has launched INSTANDA MAX, a new ‘underwriter-first’ capability designed to help commercial and non-admitted insurers underwrite tens of thousands of complex assets within a single policy in real time.

INSTANDA introduces MAX to scale commercial underwriting with AI

INSTANDA has launched INSTANDA MAX, a new ‘underwriter-first’ capability designed to help commercial and non-admitted insurers underwrite tens of thousands of complex assets within...
Acrisure has acquired technology-driven managing general agent Vave from Canopius Group, strengthening its position in the US insurance market and expanding its data-led underwriting capabilities.

Acrisure strengthens E&S underwriting with Vave acquisition

Acrisure has acquired technology-driven managing general agent Vave from Canopius Group, strengthening its position in the US insurance market and expanding its data-led underwriting...
Talanx AG has raised €1bn through a dual bond issuance aimed at strengthening its capital structure and supporting long term financial flexibility.

Talanx lands €1bn through dual bond issuance

Talanx AG has raised €1bn through a dual bond issuance aimed at strengthening its capital structure and supporting long term financial flexibility. The financing consists...
UK insurer Covéa is overhauling how it manages fraud and risk across the insurance lifecycle, selecting Shift Technology as a long-term strategic partner to support a new end-to-end approach spanning underwriting, claims and mid-term policy adjustments.

Covéa adopts Shift AI to unify underwriting and claims risk

UK insurer Covéa is overhauling how it manages fraud and risk across the insurance lifecycle, selecting Shift Technology as a long-term strategic partner to...
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