Sector Updates

ZestyAI, a leading provider of climate and property risk analytics solutions, has announced a partnership with Florida Peninsula Insurance Company to improve risk outcomes for insurers and property owners across the state. 

ZestyAI partners with Florida Peninsula to revolutionise property risk assessment

ZestyAI, a leading provider of climate and property risk analytics solutions, has announced a partnership with Florida Peninsula Insurance Company to improve risk outcomes for insurers and property owners across the state. 
Arthur J. Gallagher & Co., a global insurance brokerage, has announced the acquisition of Australia-based Prasidium Credit Insurance.

Arthur J. Gallagher & Co. bolsters Australian trade credit offerings with Prasidium acquisition

Arthur J. Gallagher & Co., a global insurance brokerage, has announced the acquisition of Australia-based Prasidium Credit Insurance.
Nexus Underwriting, a specialty managing general agent, has appointed Steve Willett as its new Development Head.

Nexus Underwriting announces new development head to lead global expansion

Nexus Underwriting, a specialty managing general agent, has appointed Steve Willett as its new Development Head.
Chubb, a global insurance leader, announced a definitive agreement to acquire Healthy Paws, a US-based managing general agent (MGA) specialising in pet insurance, from Aon.

Chubb strengthens pet insurance market with Healthy Paws acquisition

Chubb, a global insurance leader, announced a definitive agreement to acquire Healthy Paws, a US-based managing general agent (MGA) specialising in pet insurance, from Aon.
Macquarie Insurance Facility is set to enhance its insurance offerings following its recent approval as a Lloyd’s coverholder and a newly established binding authority agreement with Mosaic Insurance.

Macquarie partners with Mosaic Insurance and gains Lloyd’s coverholder status

Macquarie Insurance Facility is set to enhance its insurance offerings following its recent approval as a Lloyd’s coverholder and a newly established binding authority agreement with Mosaic Insurance.
Zywave, a leading InsurTech provider, has unveiled its latest offering, Cyber Quoting, aimed at simplifying insurance distribution processes.

Zywave launches Cyber Quoting platform to enhance insurance distribution processes

Zywave, a leading InsurTech provider, has unveiled its latest offering, Cyber Quoting, aimed at simplifying insurance distribution processes.
Aurionpro Solutions Limited has announced the acquisition Arya.ai in a bid to enhance its portfolio of enterprise FinTech offerings with cutting-edge AI technologies.

Aurionpro Solutions to bolster AI capabilities with acquisition of Arya.ai

Aurionpro Solutions Limited has announced the acquisition Arya.ai in a bid to enhance its portfolio of enterprise FinTech offerings with cutting-edge AI technologies.
Intermap Technologies, a global leader in 3D geospatial products and intelligence solutions, has introduced its Aquarius RMA software and the latest generation of flood risk solutions for the Slovakian market. 

Slovakian insurers to benefit from Intermap’s innovative flood risk solution

Intermap Technologies, a global leader in 3D geospatial products and intelligence solutions, has introduced its Aquarius RMA software and the latest generation of flood risk solutions for the Slovakian market. 
Thousands of Californians are on the brink of losing their home insurance this summer as two major insurers, Tokio Marine and Trans Pacific Insurance, announce their exit from the state.

California homeowners face insurance crisis as Tokio Marine and Trans Pacific exit

Thousands of Californians are on the brink of losing their home insurance this summer as two major insurers, Tokio Marine and Trans Pacific Insurance, announce their exit from the state.
Marsh, the world’s leading insurance broker and risk advisor and business of Marsh McLennan, has appointed Megan McClellan as Southeast Zone Leader, effective today.

Marsh welcomes Megan McClellan into leadership role

Marsh, the world’s leading insurance broker and risk advisor and business of Marsh McLennan, has appointed Megan McClellan as Southeast Zone Leader, effective today.

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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