Sector Updates

Akur8, a next-generation insurance pricing solution, has announced that Millennial Specialty Insurance (MSI) will leverage its innovative offering to streamline the decision-making processes within its pricing team.

Oper, a leading innovator in mortgage software, has announced the launch of a set of AI-powered product features designed to transform the underwriting and fulfilment processes in digital mortgage journeys.

Insuritas, a leading embedded insurance provider for financial institutions, has announced a new partnership with Integral Group Solution (IGS), a global leader in providing value-add assistance programmes.

Aviva, a leading British multinational insurance company, has partnered with Symfos, a provider of innovative risk management software solutions.

SageSure, a leading managing general underwriter specialising in catastrophe-exposed markets, has successfully closed the Gateway Re 2024-4 county-weighted wind cover catastrophe bond at $60m.

The Agencia Española de Cooperación Internacional para el Desarrollo (AECID), the primary management body of the Cooperación Española, will invest €25m in Mundi Ventures, a management firm dedicated to supporting InsurTech startups and adjacent sectors.

In today’s tech landscape, innovations in software development kits (SDKs) continue to redefine how businesses handle data processing and automation. Following the success of its Barcode and Document Scanner SDKs, Scanbot SDK has introduced its latest offering: the Web Data Capture Demo.

Discover how Symfa is revolutionising CPP modernisation for an insurance giant by leveraging API-led connectivity and OutSystems. Tatiana Smolenchuk, Software Developer at the firm delves into the innovative strategies and insights from this ambitious digital transformation project, showcasing the power of modern technology in reshaping the insurance landscape.

At the inaugural hx Live conference, hyperexponential’s co-founder and CEO, Amrit Santhirasenan, delved into the company’s innovative approach to artificial intelligence (AI), and opened up on AI’s role in revolutionising the insurance industry.

Oka, The Carbon Insurance Company™, and Socotra, the leading modern policy administration system, have announced a strategic partnership focused on advancing carbon markets and scaling climate solutions.