Sector Updates

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.

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.

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.

Totalis Program Underwriters has introduced a new managing general agent, Spotlight Entertainment Insurance, to address the unique insurance needs of businesses supporting production companies in the entertainment sector.

Nearmap has announced the acquisition of itel, a move set to reshape the property insurance landscape by combining two trusted sources of underwriting and claims data.

Kayna, a fast-growing InsurTech based in Cork, has announced plans to create 13 new jobs as it prepares for a major push into the UK and US insurance markets.

King Risk Partners, a national insurance firm focused on strategic expansion, has acquired Fidens Insurance Brokers, an independent insurance agency based in Red Bank, New Jersey.

Scottish Widows, a leading life insurance and pensions provider and part of Lloyds Banking Group, has entered into a partnership with Sprout.ai to pilot artificial intelligence (AI) solutions that aim to transform the insurance claims and underwriting process.