Sector Updates

EIS, a leading SaaS core platform provider for the US Group Benefits Market, has integrated AbsenceSoft, a market-leading absence management solution, into its cloud-native ecosystem.

EIS integrates AbsenceSoft to enhance claims management for group benefits insurers

EIS, a leading SaaS core platform provider for the US Group Benefits Market, has integrated AbsenceSoft, a market-leading absence management solution, into its cloud-native ecosystem.
The insurance industry has undergone a significant transformation over the past few years, largely driven by the hastening adoption of technology and vastly evolving consumer expectations. Among the key players in this evolution is Peak3, a leading provider of SaaS solutions tailored specifically for the insurance sector. With a strong commitment to innovation and a focus on digital transformation, Peak3 is redefining the landscape of insurance technology.

How Peak3 has scaled the InsurTech landscape

The insurance industry has undergone a significant transformation over the past few years, largely driven by the hastening adoption of technology and vastly evolving...
Intelligent AI and BCIS launch AI-driven platform to revolutionise property rebuild cost assessments

Intelligent AI and BCIS launch AI-driven platform to revolutionise property rebuild cost assessments

Intelligent AI, an InsurTech leader, has formed a strategic partnership with the Building Cost Information Service (BCIS), which boasts over six decades of expertise in compiling and analysing construction costs.
Duck Creek Technologies, an intelligent solutions provider reshaping the future of property and casualty (P&C) insurance, has acquired Risk Control Technologies (RCT), in a bid to revolutionise how insurance carriers manage risk and prevent loss.

Duck Creek Technologies expands capabilities with acquisition of Risk Control Technologies

Duck Creek Technologies, an intelligent solutions provider reshaping the future of property and casualty (P&C) insurance, has acquired Risk Control Technologies (RCT), in a bid to revolutionise how insurance carriers manage risk and prevent loss.
Akur8, the next-generation insurance pricing and reserving platform, has been selected by RSM to enhance its insurance pricing process.

Akur8 selected by RSM to bolster its insurance pricing process

Akur8, the next-generation insurance pricing and reserving platform, has been selected by RSM to enhance its insurance pricing process.
Amwins has partnered with Floodbase to create a new municipal flood insurance program aimed at addressing the growing financial risk posed by atmospheric river flooding to municipalities in California.

Amwins and Floodbase partner to launch parametric flood insurance for California municipalities

Amwins has partnered with Floodbase to create a new municipal flood insurance program aimed at addressing the growing financial risk posed by atmospheric river flooding to municipalities in California.
Cytora, a leading digital risk processing platform, has announced a partnership with Kroll, an independent global firm specialising in risk and financial advisory solutions.

Kroll and Cytora collaborate to streamline asset valuation in commercial insurance underwriting

Cytora, a leading digital risk processing platform, has announced a partnership with Kroll, an independent global firm specialising in risk and financial advisory solutions.
Stream Claims, an InsurTech startup specialising in AI-powered medical document review for workers’ compensation, has secured $5.3m in a seed funding round.

InsurTech startup Stream Claims secures $5.3m seed funding led by Spark Capital

Stream Claims, an InsurTech startup specialising in AI-powered medical document review for workers’ compensation, has secured $5.3m in a seed funding round.
Pinpoint Predictive raises $23m to transform underwriting with AI technology

Pinpoint Predictive raises $23m to transform underwriting with AI technology

Pinpoint Predictive, an innovator in the InsurTech sector, has successfully completed its Series A funding round, amassing more than $23m.
Qantev, an AI-powered platform focused on health and life insurers, has raised €30m in a funding round led by Blossom Capital.

Health and life insurance platform Qantev secures €30m in funding led by Blossom Capital

Qantev, an AI-powered platform focused on health and life insurers, has raised €30m in a funding round led by Blossom Capital.

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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