Sector Updates

Reinsurance Group of America, a global leader in life and health reinsurance, has announced that its subsidiary, Ruby Re, has raised a total of $480m following a successful second capital round.

MAPTYCS, a provider of advanced analytics solutions for the insurance industry, has announced the appointment of Daniel Grimwood-Bird as chief revenue officer.

Incorporating essential services into insurance apps is crucial for boosting customer engagement and enhancing the overall user experience. Hosting a recent webinar, Manal Hoyer, Chief Operating Officer at dacadoo, sat down with Marleydy Arias Sarmiento, Digital Experience and Marketing Transformation Manager at Seguros Bolivar, to discuss how insurers can integrate comprehensive services into insurance apps to create seamless, value-added experiences.

Insurity has partnered with ICEYE to integrate real-time catastrophe insights into its platform, enhancing P&C insurers’ ability to respond faster and more effectively to disasters.

Oyster has released an innovative suite of digital products aimed at revolutionising the property and casualty (P&C) insurance experience for small and medium-sized businesses (SMBs).

Protect Group, a leader in ancillary travel products, has announced a strategic partnership with Blink Parametric to enhance travel protection solutions through its Protect Marketplace platform.

Specialty MGA Crux Underwriting is set to leverage mea's cutting-edge GenAI-powered platform to elevate its broker service offering.

Optalitix, an insurance underwriting software provider established in 2013, has formed a strategic partnership with the Insurance Knowledge Hub, a pioneer in professional insurance education.

Akur8, renowned for its next-generation InsurTech pricing and reserving solutions, has teamed up with Utica First, a leader in small business and personal lines insurance.

Agria Pet Insurance, a global leader in animal insurance, has partnered with Quantee, an AI-driven pricing solutions provider, to support its growth in the UK and Ireland.