Sector Updates

When planning a trip, you might think you're saving money by skipping travel insurance, but have you really considered the potential costs of not having it? From unexpected medical expenses to lost luggage, travelling without insurance can quickly turn your dream vacation or crucial business trip into a financial and emotional nightmare. Air Doctor, the must-have travel companion, opens up on why travel insurance is a necessity.

INSTANDA, the global leader in no-code insurance platform technology, has appointed Professor Andy Pardoe as its interim chief AI officer.

Companion Protect, a Kansas City-based pet insurance and pet wellness administration company, has secured $20.25m in an extension of its Series A funding.

Liberty Mutual Reinsurance has announced its involvement in a new partnership aimed at supporting Kenyan coffee growers through innovative insurance solutions.

Aventum, an international (re)insurance group, has announced the launch of an innovative AI Underwriting Assistant.

Hiscox, a global specialist insurer known for its tailored insurance solutions, has announced the launch of the London insurance market’s first lead underwriting model enhanced by generative AI.

Howden Re, a global reinsurance broker known for its innovative risk transfer solutions, has announced a new partnership with Temblor, a catastrophe modelling company that specialises in seismic hazard and risk assessment.

Jetty has announced a new partnership with Fortegra and Allianz to strengthen its insurance offerings and provide a more solid financial foundation for its products.

Luz Saúde, one of Portugal’s largest private healthcare providers, has teamed up with Habit, a prominent InsurTech startup with expertise in digital insurance and telecommunications, to launch a new health service called LUZ ON PRIME.

Sanctions serve as a powerful foreign policy instrument, exerted by governments to influence behaviour by penalising nations, entities, or individuals engaged in unlawful activities.