Sector Updates

One Inc expands insurance payments through CalcFocus partnership

One Inc expands insurance payments through CalcFocus partnership

One Inc, a digital payments network for the insurance industry, has entered a partnership with policy administration provider CalcFocus to support life insurers in...
PremFina expands funding base with £400m Lloyds facility

PremFina expands funding base with £400m Lloyds facility

PremFina, the UK-based insurance premium finance provider, has secured a £400m senior debt facility from Lloyds as it expands its funding capacity to support...
Joybuy adds Allianz Partners insurance to EU checkout

Joybuy adds Allianz Partners insurance to EU checkout

Allianz Partners, a global heavyweight in B2B2C insurance and assistance services, has entered a strategic European alliance with Joybuy, JD.com's newly launched online shopping...
Foxen and Chubb's Healthy Paws launch pet cover deal

Foxen and Chubb’s Healthy Paws launch pet cover deal

Foxen, a PropTech firm specialising in multifamily solutions that lower risk and support financial wellness for owners, operators and renters, has unveiled a partnership...
Over 80% of MGAs modernising pricing, Optalitix finds

Over 80% of MGAs modernising pricing, Optalitix finds

Optalitix, an underwriting and pricing InsurTech offering a low-code platform for insurers, reinsurers and MGAs, has released new research showing that managing general agents...
KwantSure tests embedded insurance in construction SaaS

KwantSure tests embedded insurance in construction SaaS

Willis, the WTW-owned broking business, and its embedded insurance infrastructure partne Kayna have teamed up with construction workforce platform Kwant to launch KwantSure, a...
Cover Genius secures $100m at $1.9bn valuation

Cover Genius secures $100m at $1.9bn valuation

Cover Genius, the global infrastructure provider for embedded protection, has completed a $100m capital raise that values the InsurTech at $1.9bn. The financing was backed...

Why manual placement is InsurTech’s costliest blind spot

Despite billions of dollars invested in commercial insurance digitisation over the past decade, the wholesale distribution pipeline remains a paradox, according to a new...

Malaysian InsurTech PolicyStreet lifts Series C to $26m

PolicyStreet, a Malaysian InsurTech group offering digital insurance solutions across Asia and Australia, has reportedly added a further $5m to its Series C round,...
Accelerant partners with $220m-backed WoodStar insurer

Accelerant partners with $220m-backed WoodStar insurer

Accelerant, the data-driven risk exchange platform serving the specialty insurance marketplace, has struck a partnership with the newly launched WoodStar Reciprocal Exchange, a carrier...

News Stories

Capricorn Mutual completes Duck Creek platform go-live

Capricorn Mutual completes Duck Creek platform go-live

Aggne, a Wipro company and insurance technology services provider, has confirmed the successful go-live of Capricorn Mutual, the member-owned risk protection organisation, on Duck...
Why rating engines are becoming insurers' decision hub

Why rating engines are becoming insurers’ decision hub

Pricing technology is moving beyond its traditional home in actuarial and underwriting teams. Rating engines are increasingly being used by marketing, innovation and product...
AML

Why underwriting data holds the key to spotting AML risk

Insurance houses across South Africa are pouring money into anti-financial crime tools, yet heavy spending alone is not solving the problem. Effectiveness, particularly at...
Wildfire data model drives new California cover

Wildfire data model drives new California cover

DUAL North America, a specialty programme administrator, Kingstone Companies, a Northeast-focused property insurer, and Windward Risk Managers, a Florida-based risk manager, have each launched...
ManyPets debuts UK's first ChatGPT insurance plugin

ManyPets debuts UK’s first ChatGPT insurance plugin

ManyPets, a UK pet insurance provider offering Lifetime cover and an AI-powered claims service, has become the first UK specialist pet insurance provider to...
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