Sector Updates

Delos Insurance Solutions has partnered with certain underwriters at Lloyd's of London to offer wildfire insurance to more California policyholders with vacant properties.

QBE North America, a leading insurance provider, has unveiled its latest offering, the Healthcare Liability practice, aimed at addressing the distinct requirements of healthcare organisations.

As the world marches towards modernisation, industries across the board are facing the pressing question of how to adapt and stay relevant in an increasingly digital landscape. This shift is particularly pronounced in the insurance sector, where the demand for greater diversification of products and services is reshaping traditional business models. One of the key dilemmas facing insurers today is whether to invest heavily in transforming into full-fledged IT organisations or to concentrate solely on their core competency of crafting insurance products.

Aviva, a leading insurance provider, and RiskEye, a digital risk management specialist, have joined forces to enhance Aviva’s cyber insurance offering.

Kayna, an award-winning embedded insurance infrastructure platform, is set to optimise AEGIS London’s online quote and bind platform through a new partnership.

Arbol, a leader in parametric insurance solutions, has announced the successful closure of a $60m Series B funding round.

Simplifai, a leading provider of AI-powered solutions, has announced the availability of a new product designed to streamline the claims processing workflow for insurance companies. 

Urban Jungle, a London-based insurance startup, is gearing up to announce a substantial funding round of around $14.4m this week, as reported by Sky News.

Loadsure, an international InsurTech managing general agent (MGA) and Lloyd’s coverholder, has launched into the European market.

Open, a global embedded insurance partner, has introduced a new travel insurance offering tailored to meet the diverse needs of individual travellers and travel providers.