Sector Updates

A recent survey by ZestyAI has revealed that 73% of insurers believe AI models are key to managing climate-related losses, as the insurance industry grapples with mounting losses from extreme weather.

73% of insurers see AI models as key to managing climate risks

A recent survey by ZestyAI has revealed that 73% of insurers believe AI models are key to managing climate-related losses, as the insurance industry grapples with mounting losses from extreme weather.
Marsh, the world’s largest insurance broker and risk advisor, and part of Marsh McLennan, has announced two significant leadership appointments.

Marsh announces pair of leadership appointments

Marsh, the world’s largest insurance broker and risk advisor, and part of Marsh McLennan, has announced two significant leadership appointments. Alistair Fraser will step into...
Parametrix, a leader in cyber insurance solutions, has launched an innovative insurance product designed to protect enterprise clients from the costs associated with digital disruptions.

Parametrix launches enterprise-level cyber insurance solution for digital disruptions

Parametrix, a leader in cyber insurance solutions, has launched an innovative insurance product designed to protect enterprise clients from the costs associated with digital disruptions.
Everest Reinsurance, the reinsurance division of Everest Group, Ltd., has announced the appointment of Emily Davis as head of its global specialties business.

Everest Reinsurance strengthens leadership team with Emily Davis as head of global specialties

Everest Reinsurance, the reinsurance division of Everest Group, Ltd., has announced the appointment of Emily Davis as head of its global specialties business.
SageSure, a leading managing general underwriter (MGU), has announced a new partnership with Auros Reciprocal Insurance Exchange to offer improved homeowners’ insurance solutions in the states of Louisiana and Mississippi.

SageSure and Auros partner to expand homeowners’ insurance options in Louisiana and Mississippi

SageSure, a leading managing general underwriter (MGU), has announced a new partnership with Auros Reciprocal Insurance Exchange to offer improved homeowners’ insurance solutions in the states of Louisiana and Mississippi.
Honeycomb Insurance, a leading managing general agent (MGA) specialising in landlord and condo association insurance, has broadened its reach into Washington and Maryland, meaning the firm now insures over $35bn in assets.

Honeycomb Insurance hits $35bn insured asset milestone with new Washington and Maryland expansion

Honeycomb Insurance, a leading managing general agent (MGA) specialising in landlord and condo association insurance, has broadened its reach into Washington and Maryland, meaning the firm now insures over $35bn in assets.
Akur8 collaborates with Windward to boost pricing precision for Florida insurers

Akur8 collaborates with Windward to boost pricing precision for Florida insurers

Akur8, a leader in InsurTech specialising in next-generation insurance pricing and reserving solutions, has entered into a strategic partnership with Windward Risk Managers.
Swinton Insurance, a UK-based insurance broker under the Atlanta Group, has formed a new partnership with Aurum Solutions to automate its reconciliation processes.

Swinton Insurance partners with Aurum Solutions to automate reconciliation

Swinton Insurance, a UK-based insurance broker under the Atlanta Group, has formed a new partnership with Aurum Solutions to automate its reconciliation processes.
Cytora, a digital risk processing platform, has announced a strategic partnership with Gamma Risk to enhance risk evaluation and underwriting capabilities for insurers.

Cytora and dataplor partnership aims to revolutionise property insurance underwriting

Cytora, a leading digital risk processing platform, has announced a new partnership with dataplor to revolutionise property insurance underwriting.
Blend has entered into a strategic partnership with Covered Insurance Solutions to improve the home insurance shopping experience for mortgage customers by providing expanded options and a streamlined process.

Blend partners with Covered Insurance to streamline home insurance shopping

Blend has entered into a strategic partnership with Covered Insurance Solutions to improve the home insurance shopping experience for mortgage customers by providing expanded options and a streamlined process.

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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