Sector Updates

How Dutch insurers can govern Wtp without rebuilding systems

How Dutch insurers can govern Wtp without rebuilding systems

The most significant reform to the Dutch pension system in recent memory — the Wet toekomst pensioenen (Wtp) — has entered its decisive phase....
In Quentin Tarantino’s 1994 cult classic Pulp Fiction, when a situation deteriorates beyond control, everyone knows you call The Wolf. Arriving without the slightest hint of panic, he surveys the damage with practised calm and begins issuing instructions. Within minutes, chaos has been reduced to a sequence of manageable decisions. Insurance has long relied on people capable of performing a similar role. Actuaries are the professionals insurers turn to when risk becomes too complex for instinct alone.

The evolving role of actuaries in the age of AI

In Quentin Tarantino’s 1994 cult classic Pulp Fiction, when a situation deteriorates beyond control, everyone knows you call The Wolf. Arriving without the slightest...
Akur8, the AI-driven actuarial platform, has been selected by Occident, one of Spain’s leading insurance groups, to enhance pricing capabilities across its non-life business lines.

Akur8 partners with Occident on AI-driven pricing transformation

Akur8, the AI-driven actuarial platform, has been selected by Occident, one of Spain’s leading insurance groups, to enhance pricing capabilities across its non-life business...
Pan-American Life Insurance Group (PALIG) has launched an online claims submission portal for life insurance beneficiaries as part of its digital transformation strategy.

PALIG launches life claims portal in partnership with Swiss Re

Pan-American Life Insurance Group (PALIG) has launched an online claims submission portal for life insurance beneficiaries as part of its digital transformation strategy. Developed in...
AI underwriting platform Kalepa has appointed Audrey Howell as Head of Product to lead product strategy and innovation across its insurance technology platform.

Kalepa hires former Palantir leader as product chief

AI underwriting platform Kalepa has appointed Audrey Howell as Head of Product to lead product strategy and innovation across its insurance technology platform. In the...
PolicyStreet has secured $21m in the first close of its Series C round as the Malaysian InsurTech scales its embedded insurance platform across Asia.

Malaysian InsurTech PolicyStreet bags $21m

PolicyStreet has secured $21m in the first close of its Series C round as the Malaysian InsurTech scales its embedded insurance platform across Asia. The...
AI platform Cara has raised $8m in seed funding to help insurance brokerages automate sales and servicing workflows.

Cara raises $8m to scale AI infrastructure for brokers

AI platform Cara has raised $8m in seed funding to help insurance brokerages automate sales and servicing workflows. The round was led by Kearny Jackson,...
Growth in the technology sector is often measured in product launches, new markets and revenue milestones. But behind those visible markers lies another challenge that is harder to quantify: building a global company without losing the culture that made it successful in the first place.

Inside Akur8’s approach to scaling culture across a global company

Growth in the technology sector is often measured in product launches, new markets and revenue milestones. But behind those visible markers lies another challenge...
Cyber risk analytics firm KYND has warned insurers that lawsuits linked to routine website tracking practices in the US are rising sharply, creating a new and potentially scalable source of liability across SMB portfolios.

KYND flags growing website privacy litigation risk for insurers

Cyber risk analytics firm KYND has warned insurers that lawsuits linked to routine website tracking practices in the US are rising sharply, creating a...
WTW has announced a restructuring of its Insurance Consulting and Technology operations in EMEA, creating dedicated property and casualty (P&C) and life businesses to strengthen expertise and accelerate innovation.

WTW revamps EMEA insurance consulting structure

WTW has announced a restructuring of its Insurance Consulting and Technology operations in EMEA, creating dedicated property and casualty (P&C) and life businesses to...

News Stories

Baldwin Group’s Azimuth Re targets top contractors

The Baldwin Group, a NASDAQ-listed independent insurance brokerage and advisory firm, has launched Azimuth Re, Ltd., a new member-owned group captive developed in partnership...
KatRisk

KatRisk acquires RED to boost catastrophe modeling

KatRisk, a provider of catastrophic risk modelling software for the insurance and financial services industries, has acquired RED, a specialist catastrophe model provider covering...

How reinsurers can demonstrate AML effectiveness

The reinsurance markets in the Cayman Islands and Bermuda represent one of the offshore financial world’s genuine success stories. Capital flows into these jurisdictions on the back of regulatory credibility, and as the markets have grown, so too has regulatory scrutiny.
PremFina lands £100m funding boost from Waterfall

PremFina lands £100m funding boost from Waterfall

PremFina, the UK's fastest-growing insurance premium finance provider, has expanded its junior capital facility with Waterfall Asset Management to £100m, upsizing and extending the...
Cytora and VulnCheck partner to sharpen cyber underwriting

Cytora and VulnCheck partner to sharpen cyber underwriting

Commercial insurers are set to gain a sharper view of cyber risk at the point of underwriting, following a new partnership between Cytora, the...
224931

60,000+ InsurTech leaders get exclusive insights delivered every week