Sector Updates

Insurance has long relied on a reactive operating model built around assessing exposure, pricing risk and responding once damage has already occurred. Although underwriting techniques have grown more sophisticated over time, the core process has stayed largely the same: an incident happens first, followed by a claim. Today, that approach is coming under sustained strain as insurers face mounting pressures across their portfolios, according to Quensus. 

How connected technology is reshaping prevention-first insurance

Insurance has long relied on a reactive operating model built around assessing exposure, pricing risk and responding once damage has already occurred. Although underwriting...
Klear.ai, a provider of next-generation underwriting solutions, has announced the appointment of Logan Thompson as its new CFO, as the company continues to scale its platform and expand its customer footprint.

Klear.ai strengthens leadership with Logan Thompson as CFO

Klear.ai, a provider of next-generation underwriting solutions, has announced the appointment of Logan Thompson as its new CFO, as the company continues to scale...
InsurTech firm ManageMy has secured $45m in new funding as it accelerates international expansion and steps up investment in artificial intelligence-driven capabilities.

InsurTech platform ManageMy lands $45m to expand internationally

InsurTech firm ManageMy has secured $45m in new funding as it accelerates international expansion and steps up investment in artificial intelligence-driven capabilities. The $45m raise...
Simplifai, a provider of agentic AI solutions for property and casualty insurance claims, and Acorn Group, a UK insurance provider specialising in motor and property cover, have expanded their partnership following a successful initial deployment earlier this year.

Acorn Group deepens partnership with Simplifai to scale AI automation

Simplifai, a provider of agentic AI solutions for property and casualty insurance claims, and Acorn Group, a UK insurance provider specialising in motor and...
Equal Parts, an InsurTech platform focused on transforming independent insurance agencies through acquisition and technology, has raised $23m in fresh funding as it looks to scale rapidly across the US market.

InsurTech Equal Parts secures $23m to scale independent agencies

Equal Parts, an InsurTech platform focused on transforming independent insurance agencies through acquisition and technology, has raised $23m in fresh funding as it looks...
Akur8, a next-generation InsurTech, and Branch, a Columbus-based insurer, have expanded their existing partnership to strengthen pricing transparency and market intelligence through the adoption of Akur8 Discover, a solution designed to provide on-demand insight into U.S. regulatory filings and competitive dynamics.

Akur8 expands Branch partnership to enhance insurance pricing intelligence

Akur8, a next-generation InsurTech, and Branch, a Columbus-based insurer, have expanded their existing partnership to strengthen pricing transparency and market intelligence through the adoption...
Delos Insurance Solutions, a property insurance managing general agent, and InnSure, a nonprofit innovation hub dedicated to developing insurance solutions for climate-driven risks, have announced a strategic partnership aimed at improving education, resilience and insurance affordability in wildfire-exposed communities.

Delos Insurance Solutions and InnSure team up on wildfire resilience

Delos Insurance Solutions, a property insurance managing general agent, and InnSure, a nonprofit innovation hub dedicated to developing insurance solutions for climate-driven risks, have...
As artificial intelligence becomes embedded across insurance workflows, the industry is increasingly recognising that automation alone is not enough. According to IntellectAI, the most effective approach combines AI capabilities with expert human oversight through a human-in-the-loop (HITL) model. The concept is simple: “AI first. Humans when it matters.”

Why human-in-the-loop AI is reshaping insurance workflows

As artificial intelligence becomes embedded across insurance workflows, the industry is increasingly recognising that automation alone is not enough. According to IntellectAI, the most...
Kalepa, an InsurTech firm, and James River Insurance Company, a specialty insurer operating in the excess and surplus lines market, have entered into a technology partnership focused on advancing underwriting efficiency and decision-making.

Kalepa and James River team up to enhance AI-driven underwriting

Kalepa, an InsurTech firm, and James River Insurance Company, a specialty insurer operating in the excess and surplus lines market, have entered into a...
Tuio, a Spain-based digital insurer, and WaniWani, an AI distribution infrastructure provider, have achieved a major industry first after OpenAI approved the launch of an insurance provider–built AI application on ChatGPT.

OpenAI approves Tuio and WaniWani AI app for in-chat insurance sales

Tuio, a Spain-based digital insurer, and WaniWani, an AI distribution infrastructure provider, have achieved a major industry first after OpenAI approved the launch of...

News Stories

Why “UK-hosted” cloud doesn’t mean what you think

Cloud computing has become a core function in modern finance and while many depend on it to store their sensitive data, they do not...
Quandri has announced new integrations with Vertafore AMS360 and HawkSoft, expanding access to its AI-powered renewal intelligence platform across two of the most widely used agency management systems in North America.

Quandri brings AI renewal automation to more North American agencies

Quandri has announced new integrations with Vertafore AMS360 and HawkSoft, expanding access to its AI-powered renewal intelligence platform across two of the most widely...
Atrium has deployed Sofix’s BrokerBrief solution to bring AI-powered claim analysis and summaries directly into its claims workflow across all classes of business.

Atrium deploys Sofix AI tool to streamline claims analysis

Atrium has deployed Sofix’s BrokerBrief solution to bring AI-powered claim analysis and summaries directly into its claims workflow across all classes of business. The deployment...
AI underwriting platform Sixfold has partnered with Munich Re to integrate its technology into Realytix Zero, the reinsurer’s cloud-based automated underwriting platform.

Munich Re integrates Sixfold AI to streamline underwriting workflows

AI underwriting platform Sixfold has partnered with Munich Re to integrate its technology into Realytix Zero, the reinsurer’s cloud-based automated underwriting platform. The integration enables...
Commercial insurance broker Pelican Insured has deployed the nCino SmartBroker × Acturis platform as part of its strategy to scale operations and strengthen client acquisition, compliance and underwriting processes.

Pelican Insured transforms broker workflows with nCino SmartBroker

Commercial insurance broker Pelican Insured has deployed the nCino SmartBroker × Acturis platform as part of its strategy to scale operations and strengthen client...
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