Sector Updates

Quantee, a dynamic provider of pricing solutions, is set to help Agria achieve pricing excellence throughout its next stage of growth in Sweden and across Europe.

Quantee collaborates with Agria to revolutionise pet insurance in Sweden and beyond

Quantee, a dynamic provider of pricing solutions, is set to help Agria achieve pricing excellence throughout its next stage of growth in Sweden and across Europe.
Saudi Reinsurance Company (Saudi Re), a leading reinsurer in the Middle East, has appointed Ahmed Al-Jabr as its new chief executive officer (CEO), effective from 1st October 2024.

Saudi Re appoints new CEO as it looks to reinforce its competitive position

Saudi Reinsurance Company (Saudi Re), a leading reinsurer in the Middle East, has appointed Ahmed Al-Jabr as its new chief executive officer (CEO), effective from 1st October 2024.
Blink Parametric, a provider of innovative real-time insurance solutions, has partnered with Travel Insurance Saver to launch a parametric flight delay solution designed to enhance the customer experience by providing immediate assistance for travel disruptions.

Blink Parametric and Travel Insurance Saver launch real-time flight delay service

Blink Parametric, a provider of innovative real-time insurance solutions, has partnered with Travel Insurance Saver to launch a parametric flight delay solution designed to enhance the customer experience by providing immediate assistance for travel disruptions.
Insurity has introduced a new product, powered by OIP Robotics, designed to enhance the accuracy and efficiency of data extraction for insurers and MGAs.

Insurity unveils AI-powered platform to boost data accuracy and efficiency for insurers and MGAs

Insurity has introduced a new product, powered by OIP Robotics, designed to enhance the accuracy and efficiency of data extraction for insurers and MGAs.
Saudi Reinsurance Company (Saudi Re), a leading reinsurer in the Middle East, has appointed Ahmed Al-Jabr as its new chief executive officer (CEO), effective from 1st October 2024.

HealthTech startup Air Doctor secures $20m in Series B funding

Air Doctor, an Israeli HealthTech startup providing a platform that connects travellers with medical professionals globally, has raised $20m in a Series B funding round.
Earnix, the global leader in intelligent SaaS solutions for financial services, has launched an advanced AI platform that is set to combine pricing analytics with automated credit risk decisioning.

Earnix unveils new platform to combine pricing optimisation and credit risk decisioning

Earnix, the global leader in intelligent SaaS solutions for financial services, has launched an advanced AI platform that is set to combine pricing analytics with automated credit risk decisioning.
The short-term disability (STD) claims process presents significant challenges for both carriers and benefits administrators. These inefficiencies primarily stem from reliance on outdated, manual processes like live calls, physical forms, and antiquated methods for capturing necessary documentation. Such approaches are not only resource-intensive but also create frustrating experiences for employees and employers alike. With client satisfaction and retention becoming ever more crucial, carriers are increasingly turning to new technologies to resolve these bottlenecks, as customer experience specialists Ushur explain.

How AI is streamlining short-term disability management and reducing costs

The short-term disability (STD) claims process presents significant challenges for both carriers and benefits administrators. These inefficiencies primarily stem from reliance on outdated, manual...
Jakarta-based InsurTech startup, Rey, has secured an additional $3.5m in funding as it seeks to expand its AI-powered health insurance platform.

Jakarta-based InsurTech Rey secures $3.5m funding round

Jakarta-based InsurTech startup, Rey, has secured an additional $3.5m in funding as it seeks to expand its AI-powered health insurance platform.
EXL, a leading data analytics and digital operations solutions company, has unveiled the EXL Insurance LLM, a new large language model (LLM) designed to transform critical tasks in the insurance sector, such as claims and underwriting.

EXL launches insurance specialised LLM to transform underwriting

EXL, a leading data analytics and digital operations solutions company, has unveiled the EXL Insurance LLM, a new large language model (LLM) designed to transform critical tasks in the insurance sector, such as claims and underwriting.
Insuritas, a prominent embedded insurance provider for financial institutions, has partnered with Recoop Disaster Insurance, a company that offers multi-peril disaster insurance coverage.

Insuritas partners with Recoop to enhance financial institutions’ disaster insurance offerings

Insuritas, a prominent embedded insurance provider for financial institutions, has partnered with Recoop Disaster Insurance, a company that offers multi-peril disaster insurance coverage.

News Stories

Cyber insurers face a growing AI coverage gap

Cyber insurers face a growing AI coverage gap

The rapid adoption of artificial intelligence is creating a new challenge for cyber insurers: determining where AI-related losses fit within existing policies. That question was...
Insurity and ITS target the insurance industry's tech execution gap

Insurity and ITS take aim at insurance tech rollout risk

Insurity, a cloud software provider for the insurance industry, has joined forces with Insurance Technology Services (ITS) to give insurers additional support as they...
Aviva expands specialist underwriting across UK regions

Aviva expands specialist underwriting across UK regions

Aviva is expanding its specialist Financial Institutions underwriting across the UK, giving regional brokers greater access to dedicated expertise and decision-making. From August 2026, brokers...
HappyRobot targets insurance as AI agent adoption grows

HappyRobot targets insurance as AI agent adoption grows

HappyRobot, an AI-native operations platform, has secured $150m in Series C funding as it scales its autonomous AI agent technology across enterprise sectors, taking...
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...
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