Sector Updates

Sony Financial Group, a major player in the property and casualty (P&C) and life insurance markets, has announced the acquisition of Japanese InsurTech startup JustInCase. 

Sony Financial Group acquires Japanese InsurTech startup JustInCase

Sony Financial Group, a major player in the property and casualty (P&C) and life insurance markets, has announced the acquisition of Japanese InsurTech startup JustInCase. 
Canara HSBC Life Insurance is launching a Generative AI-driven underwriting solution to enhance precision, efficiency, and scalability in life insurance underwriting processes.

Canara HSBC Life Insurance debuts Generative AI-driven underwriting solution

Canara HSBC Life Insurance is launching a Generative AI-driven underwriting solution to enhance precision, efficiency, and scalability in life insurance underwriting processes.  The product, known...
Everest, a global reinsurance and insurance leader, has announced its entry into the Italian market, as it looks to scale its presence across Europe.

Everest enters Italian market with new Milan base

Everest, a global reinsurance and insurance leader, has announced its entry into the Italian market, as it looks to scale its presence across Europe.
CoverGo, an InsurTech company offering end-to-end digital solutions for the insurance industry, has announced the appointment of Louis Lee as managing director, APAC.

CoverGo strengthens APAC operations with Louis Lee as managing director

CoverGo, an InsurTech company offering end-to-end digital solutions for the insurance industry, has announced the appointment of Louis Lee as managing director, APAC.
Akur8, a leading provider of AI-powered pricing and reserving software, has announced that Michael Kraus, founder of 9elf26 and former CEO of NOVUM, has joined the company as a strategic advisor for the German insurance market.

Akur8 welcomes Michael Kraus as strategic advisor for German insurance market

Akur8, a leading provider of AI-powered pricing and reserving software, has announced that Michael Kraus, founder of 9elf26 and former CEO of NOVUM, has joined the company as a strategic advisor for the German insurance market.
Poncho, a Swiss startup specialising in weather-based refunds for outdoor experiences, has raised $617,000 in seed funding.

Weather InsurTech Poncho secures $617k seed funding from WeBuild Ventures

Poncho, a Swiss startup specialising in weather-based refunds for outdoor experiences, has raised $617,000 in seed funding.
Embri, a trailblazer in embedded insurance, has announced an exciting expansion to its portfolio with the inclusion of embedded bike and high-end tech insurance.

Embri expands embedded insurance offerings to include bikes and high-end tech

Embri, a trailblazer in embedded insurance, has announced an exciting expansion to its portfolio with the inclusion of embedded bike and high-end tech insurance.
Specialist personal lines broker Ceta has announced a new partnership with software solutions provider Open GI to boost the number of products it can offer on its platform. 

Ceta partners with Open GI to expand insurance product offerings

Specialist personal lines broker Ceta has announced a new partnership with software solutions provider Open GI to boost the number of products it can offer on its platform. 
Neutrinos has launched a new product designed to streamline and accelerate automation journeys across the insurance value chain.

Neutrinos launches new marketplace to accelerate insurance automation

Neutrinos has launched a new product designed to streamline and accelerate automation journeys across the insurance value chain.
One Inc, the leading payments network for the insurance industry, has announced a partnership with U.S. Bank to deliver a unified payment experience tailored to Property & Casualty (P&C) and Life insurers.

One Inc and U.S. Bank partner to revolutionise insurance payments

One Inc, the leading payments network for the insurance industry, has announced a partnership with U.S. Bank to deliver a unified payment experience tailored to Property...

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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