Sector Updates

underwriting

The critical role of ESG data in modern insurance underwriting

Environmental, Social, and Governance (ESG) data is quickly becoming a pivotal element in boosting underwriting profitability.
Simplifai, a leader in AI-driven automation solutions, and 112Schade, a Dutch claims management provider, have entered into a partnership aimed at improving efficiency in the claims intake process.

Simplifai partners with 112Schade to automate claims intake process and boost efficiency

Simplifai, a leader in AI-driven automation solutions, and 112Schade, a Dutch claims management provider, have entered into a partnership aimed at improving efficiency in the claims intake process.
Cover Genius, a global insurance distribution platform, has announced a partnership with Airpaz to provide comprehensive travel insurance for customers in Malaysia, Vietnam, Indonesia, Thailand, and the Philippines.

Cover Genius partners with Airpaz to deliver travel insurance across Southeast Asia

Cover Genius, a global insurance distribution platform, has announced a partnership with Airpaz to provide comprehensive travel insurance for customers in Malaysia, Vietnam, Indonesia, Thailand, and the Philippines.
Berkshire Hathaway Specialty Insurance (BHSI), a leading provider of executive and professional lines insurance solutions, has announced key leadership changes in its UK operations.

BHSI announces key leadership changes to UK operations

Berkshire Hathaway Specialty Insurance (BHSI), a leading provider of executive and professional lines insurance solutions, has announced key leadership changes in its UK operations. Andrew...
Insured Nomads, a global insurance provider specialising in solutions for remote professionals, and Doerscircle have joined forces to offer an innovative embedded health insurance program tailored for freelancers, entrepreneurs, and SMBs worldwide.

Insured Nomads and Doerscircle collaborate to revolutionise health benefits for freelancers globally

Insured Nomads, a global insurance provider specialising in solutions for remote professionals, and Doerscircle have joined forces to offer an innovative embedded health insurance...
Africa Specialty Risks (ASR), a prominent (re)insurance group specialising in African and Middle Eastern markets, has announced that ASR Middle East is now operating as a Lloyd’s service company in Dubai.

Africa Specialty Risks launches Dubai operations with Lloyd’s backing

Africa Specialty Risks (ASR), a prominent (re)insurance group specialising in African and Middle Eastern markets, has announced that ASR Middle East is now operating...
HUB International, a global insurance brokerage and financial services firm, is nearing the finalisation of its acquisition of Insuritas, an embedded insurance platform that serves banks and credit unions.

HUB International set to acquire Insuritas to expand its embedded insurance offering

HUB International, a global insurance brokerage and financial services firm, is nearing the finalisation of its acquisition of Insuritas, an embedded insurance platform that serves banks and credit unions.
Onsi, a UK-based InsurTech startup founded in 2019, has announced a strategic investment from Zurich.

UK-based InsurTech Onsi secures strategic investment from Zurich

Onsi, a UK-based InsurTech startup founded in 2019, has announced a strategic investment from Zurich.
Zurich Resilience Solutions, the risk advisory arm of Zurich Insurance Group, has unveiled Climate Spotlight, an innovative digital platform designed to enhance climate risk understanding and management for organisations.

Zurich Resilience Solutions introduces Climate Spotlight to empower sustainable planning

Zurich Resilience Solutions, the risk advisory arm of Zurich Insurance Group, has unveiled Climate Spotlight, an innovative digital platform designed to enhance climate risk understanding and management for organisations.
Moonrock Drone Insurance, a leading managing general agent (MGA) specialising in drone insurance, has partnered with Hiscox, an A-rated insurer, to launch a new product for recreational and hobbyist drone pilots.

Moonrock Drone Insurance partners with Hiscox to launch global coverage for hobbyist pilots

Moonrock Drone Insurance, a leading managing general agent (MGA) specialising in drone insurance, has partnered with Hiscox, an A-rated insurer, to launch a new product for recreational and hobbyist drone pilots.

News Stories

Akur8 launches rating accelerator for Guidewire users

Akur8 launches rating accelerator for Guidewire users

Akur8, the global actuarial AI platform used by more than 3,000 actuaries across the property and casualty and life and annuity insurance markets, has...
Why insurers are failing to unlock distribution data

Why insurers are failing to unlock distribution data

Insurance distribution technology has become increasingly effective at automating the mechanics of producer management. The next challenge for insurers is turning the information generated...
Marsh McLennan Agency strengthens Midwest insurance footprint

Marsh McLennan Agency strengthens Midwest insurance footprint

Marsh McLennan Agency (MMA) is expanding its insurance footprint across the US Midwest after agreeing to acquire Accel Holdings, an independent insurance and advisory...

Athena Cyber unveils new supply chain shield

Rokstone, the international specialty (re)insurance MGA, has expanded its cyber offering through its Athena Cyber Division with the launch of a new customer and...
French insurers turn to decisioning as risks grow more complex

French insurers turn to decisioning as risks grow more complex

French insurers are facing growing pressure to modernise how they make decisions as emerging risks become harder to assess and customer expectations continue to...
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