Sector Updates

Duck Creek Technologies, a global provider of intelligent solutions for property and casualty (P&C) and general insurance, has launched a comprehensive ecosystem tailored for the global insurance industry.

Faura, an innovative InsurTech company specialising in loss control solutions for natural disasters, has been selected to join Guidewire‘s Insurtech Vanguards program.

Joshin, a leading provider of neurodivergent and disability support services, has partnered with Aon to offer employers specialised neurodiversity resources and advanced workforce analytics for improved inclusion and employee wellbeing.

Ushur, a leader in customer experience automation for regulated industries, has announced the appointment of Deepak Vedarthan as senior vice president of customer success.

Bold Penguin, a digital platform specialising in commercial insurance solutions, has partnered with EMPLOYERS, a national provider of workers’ compensation insurance, to expand coverage...

San Diego-based XILO, an InsurTech company providing quoting software for independent insurance agencies, has raised $7.2m in its latest Series A funding round.

Hiscox, a leading global specialist insurer, has launched a new Financial Institutions (FI) offering, significantly enhancing the range of cover available to businesses. The move...

Policy Expert, one of the UK’s leading personal lines insurers covering home, motor, and pet insurance, has appointed Mark Wilson as its new chair. The...

Trucordia, a leading insurance provider with a team of 5,000 professionals, has announced the acquisition of CADA Insurance Services’ insurance business, further strengthening its presence in Louisiana.

A recent report by Capgemini highlights that 62% of insurance executives acknowledge AI and machine learning as crucial for enhancing underwriting quality and reducing fraud. However, only 43% of underwriters consistently trust predictive analytics recommendations. This discrepancy raises an essential question: how can AI truly transform underwriting, and what trends are driving its adoption in the InsurTech industry? Custom software development company Symfa investigates.