Sector Updates

Sure, a leading InsurTech provider, has launched the insurance industry’s first Model Context Protocol (MCP) capability, a pioneering development that allows AI agents to autonomously quote, bind, and service insurance policies.

Sure launches MCP to automate insurance with AI agents

Sure, a leading InsurTech provider, has launched the insurance industry’s first Model Context Protocol (MCP) capability, a pioneering development that allows AI agents to autonomously quote, bind, and service insurance policies.
Broadstone, a leading UK financial services consultancy, has acquired ExactVAL, a specialist provider of actuarial valuation and cashflow analysis services, to strengthen its position in the bulk purchase annuity market.

Broadstone snaps up ExactVAL to enhance life insurer analytics

Broadstone, a leading UK financial services consultancy, has acquired ExactVAL, a specialist provider of actuarial valuation and cashflow analysis services, to strengthen its position in the bulk purchase annuity market.
Cytora, an AI-driven digital risk processing platform used across the commercial insurance ecosystem, has unveiled Concierge, a major update to its platform.

Concierge by Cytora streamlines multi-request insurance workflows

Cytora, an AI-driven digital risk processing platform used across the commercial insurance ecosystem, has unveiled Concierge, a major update to its platform.
SmartStream, a global provider of financial Transaction Lifecycle Management (TLM®) solutions, has announced the expansion of its AI-powered reconciliation and data management platform, SmartStream Air, into the insurance sector.

SmartStream launches AI reconciliation tool for insurers

SmartStream, a global provider of financial Transaction Lifecycle Management (TLM®) solutions, has announced the expansion of its AI-powered reconciliation and data management platform, SmartStream Air, into the insurance sector.
Markel Insurance has announced the launch of InsurtechRisk+, a specialised insurance solution tailored for InsurTech businesses operating across multiple global markets.

Markel unveils InsurtechRisk+ to protect global InsurTechs

Markel Insurance has announced the launch of InsurtechRisk+, a specialised insurance solution tailored for InsurTech businesses operating across multiple global markets.
The Health and Protection insurance sector stands at a critical juncture. While consumers have grown accustomed to seamless digital experiences from the likes of Amazon, Google and Uber, insurers continue to fall short, according to Comarch. Today’s customers want digital services that value their loyalty and make interactions easy. Unfortunately, most Health and Protection insurers are burdened by outdated systems and an industry culture steeped in conservatism.

Health insurers stuck behind the digital curve

The Health and Protection insurance sector stands at a critical juncture. While consumers have grown accustomed to seamless digital experiences from the likes of...
Zorro secures $20m to transform AI-powered health benefits

Zorro secures $20m to transform AI-powered health benefits

Zorro, a next-generation benefits administration platform, has secured $20m in Series A funding as it looks to transform how healthcare benefits are delivered to brokers, employers and employees across the United States.
Mylo, a small business insurance broker, and UENI, a website-building and digital marketing platform, have announced a strategic partnership aimed at helping small businesses strengthen their online presence while also securing essential insurance coverage.

UENI partners with Mylo to simplify insurance for SMEs

Mylo, a small business insurance broker, and UENI, a website-building and digital marketing platform, have announced a strategic partnership aimed at helping small businesses strengthen their online presence while also securing essential insurance coverage.
PremFina, the UK’s fastest-growing insurance premium finance provider, has announced a major funding milestone through the completion of a £350m private securitisation facility, supported by HSBC and Waterfall Asset Management.

PremFina secures £350m facility for UK expansion

PremFina, the UK’s fastest-growing insurance premium finance provider, has announced a major funding milestone through the completion of a £350m private securitisation facility, supported by HSBC and Waterfall Asset Management.
bolt, a digital insurance distribution platform known for connecting insurers and agents through a seamless interface, has partnered with Arch Insurance Company to offer annual multi-trip travel insurance to consumers via bolt’s agent network.

Arch Insurance joins forces with bolt to simplify travel insurance

bolt, a digital insurance distribution platform known for connecting insurers and agents through a seamless interface, has partnered with Arch Insurance Company to offer...

News Stories

Earnix names Matthew Twist as VP of sales for EMEA

Earnix names Matthew Twist as VP of sales for EMEA

Earnix, a Dynamic AI for Intelligent Decisioning provider serving the insurance and banking sectors, has named Matthew Twist as its new vice president of...

Guidewire unveils AI agent framework for insurers

Guidewire, the InsurTech platform used by more than 570 insurers across 43 countries, has launched its Agentic Framework as part of its new Qusar...
IKEA taps UK insurance market with Urban Jungle partnership

IKEA taps UK insurance market with Urban Jungle partnership

IKEA, the global home furnishings retailer, has entered the UK home insurance market through a partnership with InsurTech provider Urban Jungle, a UK-based InsurTech...
Faye raises $50m to power autonomous travel care

Faye raises $50m to power autonomous travel care

Faye, the AI-powered travel protection platform recognised as a TIME Best Invention and named a top provider by The Wall Street Journal, has closed...
Why insurance personalisation is still stuck in the data gap

Why insurance personalisation is still stuck in the data gap

Insurers have invested significantly in customer data, segmentation and behavioural analytics to improve engagement. However, many still face challenges when turning those insights into...
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