Sector Updates

Balancing technology and empathy: A guide to supporting vulnerable customers

Balancing technology and empathy: A guide to supporting vulnerable customers

In the wake of escalating living costs, contact centres have become crucial lifelines, particularly for vulnerable customers requiring support across utilities, healthcare, and housing sectors. This enhanced reliance on contact centres underscores their pivotal role in delivering responsible and sensitive services.
Ushur and mortgage giant team up: A leap towards eco-friendly paperless solutions

Ushur and mortgage giant team up: A leap towards eco-friendly paperless solutions

One of America's largest mortgage servicers has been facing a significant challenge. The company, which was established in the early 1990s and operates across...
Lloyd’s, a global leader in the insurance market, has announced the launch of its new Canadian Core Fixed Income Solution on the Lloyd’s Investment Platform.

Lloyd’s launches new Canadian fixed income fund with Fiera Capital

Lloyd’s, a global leader in the insurance market, has announced the launch of its new Canadian Core Fixed Income Solution on the Lloyd’s Investment Platform.
Bondaval, a leading London-based InsurTech, has announced the release of its first trade credit insurance product.

London-based InsurTech Bondaval unveils new trade credit insurance solution

Bondaval, a leading London-based InsurTech, has announced the release of its first trade credit insurance product.
Slide Insurance, an InsurTech company specialising in homeowners insurance, has secured a $175m senior credit facility.

Slide Insurance raises $175m to boost hurricane preparedness and growth

Slide Insurance, an InsurTech company specialising in homeowners insurance, has secured a $175m senior credit facility.
Imagine an insurance industry where decisions are made with the speed and precision of a machine, yet imbued with the empathy and discernment of a human. This is not a futuristic dream but a present-day reality being shaped by the integration of AI in insurance underwriting. As AI takes on more significant roles, automating data-intensive tasks and improving risk assessment accuracy, the indispensable value of human expertise becomes even clearer. AI automation specialists Simplifai lifts the lid on the synergy between AI and human expertise in insurance.

How to balance AI and human expertise in insurance underwriting

Imagine an insurance industry where decisions are made with the speed and precision of a machine, yet imbued with the empathy and discernment of a human. This is not a futuristic dream but a present-day reality being shaped by the integration of AI in insurance underwriting. As AI takes on more significant roles, automating data-intensive tasks and improving risk assessment accuracy, the indispensable value of human expertise becomes even clearer. AI automation specialists Simplifai lifts the lid on the synergy between AI and human expertise in insurance.
Insurity has announced a new partnership with Coherent to advance the capabilities of property and casualty (P&C) insurance organisations, enabling them to modernise their systems and streamline operations.

Insurity and Coherent join forces to modernise P&C insurance operations

Insurity has announced a new partnership with Coherent to advance the capabilities of property and casualty (P&C) insurance organisations, enabling them to modernise their systems and streamline operations.
Supercede

Supercede elevates ReinsurTech with a robust $15m Series A investment

Supercede, a London-based reinsurance technology company, has successfully completed a $15m Series A funding round.
APOLLO Insurance has entered into a strategic partnership with Rhapsody Property Management Services to streamline access to digital tenant insurance solutions across Canada.

Apollo Insurance partners with Rhapsody Property Management to simplify tenant insurance in Canada

APOLLO Insurance has entered into a strategic partnership with Rhapsody Property Management Services to streamline access to digital tenant insurance solutions across Canada.
European boutique managing general agent (MGA), Alta Signa Europe B.V. has announced the opening of its new office in Switzerland, marking a significant milestone in the company’s expansion strategy in the DACH region.

Alta Signa launches new office in Switzerland to expand DACH region presence

European boutique managing general agent (MGA), Alta Signa Europe B.V. has announced the opening of its new office in Switzerland, marking a significant milestone in the company’s expansion strategy in the DACH region.

News Stories

Producer licensing is one of those parts of insurance that tends to stay in the background until it starts slowing everything else down. As carriers expand their agent networks, the process of onboarding producers, managing appointments, and maintaining compliance records often still depends on fragmented systems and manual intervention.

Fixing the producer bottleneck in insurance distribution

Producer licensing is one of those parts of insurance that tends to stay in the background until it starts slowing everything else down. As...
Simply Business, a digital insurance marketplace, has launched a business insurance app on ChatGPT in the US, alongside a separate rollout in the UK.

Simply Business brings small business insurance pricing into ChatGPT

Simply Business, a digital insurance marketplace, has launched a business insurance app on ChatGPT in the US, alongside a separate rollout in the UK. The...
Cytora, a digital risk processing platform, has announced a strategic relationship with LexisNexis Risk Solutions to embed advanced data and analytics into its platform for US commercial insurers.Cytora, a digital risk processing platform, has announced a strategic relationship with LexisNexis Risk Solutions to embed advanced data and analytics into its platform for US commercial insurers.

Cytora partners LexisNexis to enhance US commercial underwriting

Cytora, a digital risk processing platform, has announced a strategic relationship with LexisNexis Risk Solutions to embed advanced data and analytics into its platform...
INSTANDA, a no-code insurance platform provider, has partnered with DataCrest, a workflow solutions firm, to enhance submission intake and quoting efficiency for insurers and MGAs.

INSTANDA and DataCrest team up to streamline insurance submissions

INSTANDA, a no-code insurance platform provider, has partnered with DataCrest, a workflow solutions firm, to enhance submission intake and quoting efficiency for insurers and...
Openly, a tech-enabled homeowners insurance provider, has secured a growth investment round led by existing investors Eden Global Partners, Advance Venture Partners and Gradient, with strategic participation from Allianz X.

Openly boosts expansion plans with funding and Allianz Re deal

Openly, a tech-enabled homeowners insurance provider, has secured a growth investment round led by existing investors Eden Global Partners, Advance Venture Partners and Gradient,...
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