Sector Updates

Accelerant, a private equity-backed unicorn focusing on the specialty insurance market, has launched a new digital platform to drive superior underwriting results. 

Accelerant unveils AI-powered platform to drive underwriting results

Accelerant, a private equity-backed unicorn focusing on the specialty insurance market, has launched a new digital platform to drive superior underwriting results. 
Previsico expands AI flood forecasting to Ireland, enhancing insurer resilience to climate change

Previsico expands AI flood forecasting to Ireland, enhancing insurer resilience to climate change

Previsico has unveiled its innovative live flood forecasting service in the Republic of Ireland.
Root Inc refinances $200m term loan facility with BlackRock to boost financial flexibility

Root Inc refinances $200m term loan facility with BlackRock to boost financial flexibility

Root, the Columbus, Ohio-based parent company of Root Insurance Company, has announced a successful refinancing of its term loan facility. The capital was supplied by...
Regal, a leading provider of AI-powered contact centre software, has successfully secured $40m in funding to accelerate the development and deployment of its innovative AI Phone Agent technology.

Regal raises $40m to revolutionise customer experience with AI Phone Agents

Regal, a leading provider of AI-powered contact centre software, has successfully secured $40m in funding to accelerate the development and deployment of its innovative AI Phone Agent technology.
WTW, a leading global advisory, broking and solutions company, has launched a new product designed to address the long-standing challenges within the insurance industry, particularly the costly and infrequent analyses required for financial reporting.

WTW’s ResQ Machine-led Reserving technology promises efficiency for insurers and reinsurers

WTW, a leading global advisory, broking and solutions company, has launched a new product designed to address the long-standing challenges within the insurance industry, particularly the costly and infrequent analyses required for financial reporting.
Vienna Insurance Group (VIG), the largest insurance group in Central and Eastern Europe, has launched a new venture focused on assisting small and medium-sized enterprises (SMEs) in managing and mitigating cyber risks.

Vienna Insurance Group launches new offering to mitigate cyber risks

Vienna Insurance Group (VIG), the largest insurance group in Central and Eastern Europe, has launched a new venture focused on assisting small and medium-sized enterprises (SMEs) in managing and mitigating cyber risks.
Macquarie, a global financial services provider, has expanded its client offering with the launch of a rent-a-captive insurance solution for property and casualty-related risks.

Macquarie launches rent-a-captive insurance solution to enhance client offerings

Macquarie, a global financial services provider, has expanded its client offering with the launch of a rent-a-captive insurance solution for property and casualty-related risks.
Dundee-based Broker Insights, an InsurTech firm specialising in commercial insurance, has officially launched its Vision platform in the United States.

Dundee-based Broker Insights debuts Vision platform in the US

Dundee-based Broker Insights, an InsurTech firm specialising in commercial insurance, has officially launched its Vision platform in the United States.
Best Insurance, an InsurTech provider dedicated to simplifying the insurance process, has launched an AI-driven service enabling customers to purchase and manage insurance via WhatsApp.

Best Insurance introduces flexible insurance buying via WhatsApp

Best Insurance, an InsurTech provider dedicated to simplifying the insurance process, has launched an AI-driven service enabling customers to purchase and manage insurance via WhatsApp.
London-based HealthTech company, Semble has raised $15m in a Series B funding round led by Mercia Ventures. 

UK-based HealthTech firm Semble secures $15m from Mercia Ventures

London-based HealthTech company, Semble has raised $15m in a Series B funding round led by Mercia Ventures. 

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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