Sector Updates

Co-op Insurance has partnered with Urban Jungle to launch a new renters product designed to provide better value and protection for renters.

Front Street Re (FSR), an international InsurTech and reinsurance company under Lexasure Financial Group Limited, has named Edison Fong as its new Chief Executive Officer (CEO).

In today’s dynamic landscape, traditional insurance models are often lagging behind newer digitalised solutions, leaving consumers and businesses vulnerable to gaps in coverage and cumbersome policy management. Enter embedded insurance: a forward-thinking solution seamlessly integrating insurance products into existing platforms and transactions, revolutionising the way we protect assets and mitigate risks. But why is it becoming increasingly indispensable in our modern world?

London Underwriters, a leading national insurance wholesale broker, and Foxquilt Insurance, a pioneer in digital insurance solutions for small businesses and individuals, have announced a strategic partnership.

Nottingham Building Society has partnered with Uinsure, a leading insurance technology firm, to provide seamless home insurance quotes to members in as little as 60 seconds.

Honeycomb, a leading digital insurer, has raised $36m in a Series B funding round in a bid to expand its insurance offerings.

Simplifai, a leading provider of AI-powered solutions in the insurance sector, has secured a significant investment with Idékapital leading the raise.

Coalition, the world’s first active insurance provider, has announced the expansion of its cyber insurance offering to large enterprise businesses in Canada, excluding the province of Quebec.

Amwins, a leading insurance distributor, has announced the formation of Amwins National Transportation Underwriters (ANTU) designed to streamline market access. 

Arch Insurance International has announced the promotion of Barbara Rizzi to Chief Claims Officer, effective immediately.