Sector Updates

CLARA Analytics has launched a new AI-powered claims feature designed to tackle the insurance industry's estimated $15bn subrogation gap.

CLARA Analytics launches AI-powered claims feature to tackle $15bn subrogation gap

CLARA Analytics has launched a new AI-powered claims feature designed to tackle the insurance industry's estimated $15bn subrogation gap.
MAPFRE, a leading Spanish insurer and the largest multinational insurance group in Latin America, has announced the release of its Manifesto for a Humanistic, Ethical, and Responsible AI.

Spanish insurer MAPFRE launches AI Center and Manifesto to lead ethical AI development

MAPFRE, a leading Spanish insurer and the largest multinational insurance group in Latin America, has announced the release of its Manifesto for a Humanistic,...
Why insurers must balance fast service with accurate AI outputs

Why insurers must balance fast service with accurate AI outputs

As expectations for speed and convenience rise, insurance companies are under growing pressure to deliver fast, seamless service to their clients. Yet, as M-Files warns, speed without accuracy—especially when deploying generative AI—can risk customer satisfaction and ultimately harm a firm’s reputation.

IntellectAI targets insurance inefficiencies with AI-driven policy placement solution

IntellectAI, the InsurTech division of Intellect Design Arena, has unveiled Magic Placement, a new AI-powered solution designed to overhaul the way agents, brokers, and wholesalers compare insurance documents.
MIB Group, a leading provider of data-driven solutions for the life insurance industry, has acquired Clareto, a medical record retrieval company, from Munich Re Life US.

MIB Group acquires Clareto from Munich Re to enhance electronic health record integration in...

MIB Group, a leading provider of data-driven solutions for the life insurance industry, has acquired Clareto, a medical record retrieval company, from Munich Re...
Turris, a provider of compliance and payment automation solutions for the insurance sector, has partnered with Loro Insurtech to deliver a unified solution aimed at modernising how insurers and MGAs handle compliance and broker onboarding.

Turris and Loro Insurtech join forces to simplify insurance compliance

Turris, a provider of compliance and payment automation solutions for the insurance sector, has partnered with Loro Insurtech to deliver a unified solution aimed...
Akur8, a Paris-based InsurTech, has partnered with Post Telecommunication Joint Stock Insurance Corporation (PTI), one of Vietnam’s leading non-life insurance providers, to enhance its actuarial capabilities.

Vietnam’s PTI adopts Akur8’s machine learning platform to modernise pricing strategy

Akur8, a Paris-based InsurTech, has partnered with Post Telecommunication Joint Stock Insurance Corporation (PTI), one of Vietnam’s leading non-life insurance providers, to enhance its actuarial capabilities.
ZestyAI, a leading provider of AI-powered risk analytics for the insurance sector, has received regulatory approval from the Ohio Department of Insurance for its Severe Convective Storm suite.

ZestyAI launches Severe Convective Storm suite in Ohio

ZestyAI, a leading provider of AI-powered risk analytics for the insurance sector, has received regulatory approval from the Ohio Department of Insurance for its...
Earnix, a global provider of intelligent, AI-driven decisioning solutions for the insurance sector, has joined the British Insurance Brokers’ Association (BIBA) as an associate member.

Earnix joins UK insurance trade body BIBA to support broker innovation

Earnix, a global provider of intelligent, AI-driven decisioning solutions for the insurance sector, has joined the British Insurance Brokers’ Association (BIBA) as an associate member.
Jove, a UK-based InsurTech company, has partnered with global insurance leader Chubb to launch its first fully digital insurance programme, specifically designed to serve technology contractors and businesses across the UK.

Jove partners with Chubb to launch first UK digital insurance programme for tech contractors

Jove, a UK-based InsurTech company, has partnered with global insurance leader Chubb to launch its first fully digital insurance programme, specifically designed to serve technology contractors and businesses across the UK.

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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