Sector Updates

Deep Vector, an AI platform specialising in the analysis of underwriting documents, has successfully completed its seed funding round, raising $1.5m.

Everest Group, a global leader in property, casualty and specialty insurance and reinsurance, has announced Jim Williamson, formerly the executive vice president and group COO, as its acting CEO.

Lloyd’s of London, the global commercial insurance market, has announced that its CEO, John Neal, will step down in 2025 to take up a...

Ethos, a leading provider of cutting-edge InsurTech solutions, has announced a strategic partnership with Protective Life Corporation and its subsidiary Protective Life Insurance Company, collectively referred to as Protective.

Parsyl, a cargo insurance provider operating in the US and London, has announced it raised $20m in a Series C funding round.

Greater Than, a global provider of risk intelligence for road safety and climate impact, has partnered with Smart Eye AB, the industry leader in Driver Monitoring Systems (DMS).

Farm Bureau Insurance Company of Idaho has partnered with Akur8 to enhance its pricing capabilities through advanced machine learning. Farm Bureau Insurance Company of Idaho,...

Integrating legacy systems with cutting-edge technologies like cloud computing, big data analytics, AI, and mobile solutions can revolutionise how organisations interact with their members. Such integrations provide companies with a more comprehensive understanding of their members' preferences and needs, facilitating even more targeted and effective communication. However, to achieve this level of sophistication, selecting the right digital customer communications platform is essential.

Insly, a low-code software provider for the insurance sector, has revealed it has joined the Underwriting Agencies Council (UAC). The decision to join the UAC...

Matic Insurance, a provider of embedded insurance solutions, has announced it secured $30m in growth funding from Vistara Growth.