Sector Updates

Stride and Utah set new precedents in benefits for independent workers

Stride and Utah set new precedents in benefits for independent workers

Stride, a leader in portable benefits technology, unveiled its Stride Contributions program in Utah, marking a significant innovation following the state's new Portable Benefit Plan legislation (SB-233).
Eric Coleman takes the helm as president of business insurance at Farmers Insurance

Eric Coleman takes the helm as president of business insurance at Farmers Insurance

Farmers Insurance announced the significant appointment of Eric Coleman as President of Business Insurance.
Harnessing GenAI: Strategies for integrating transformative technology in business

Harnessing GenAI: Strategies for integrating transformative technology in business

Generative AI, or GenAI, has rapidly shifted from a mere discussion point to a pivotal tool in business innovation, offering unprecedented efficiency and smart solutions. Ilya Mokin, head of R&D at Symfa, shares insights into integrating a ChatGPT bot within their in-house ERP system, highlighting the potential and challenges of custom on-demand reports and analytics.
The role of LLMs in enhancing BFSI operational efficiency and customer service

The role of LLMs in enhancing BFSI operational efficiency and customer service

The advent of generative AI is not just a futuristic vision but a present reality transforming how businesses communicate with customers. This cutting-edge technology, underpinned by large language models (LLMs) like GPT-4, BERT, ELECTRA, and RoBERTa, is setting new standards for customer interaction and service delivery. It enables systems that not only manage communications but also predict and adapt to customer needs with unprecedented personalization and efficiency.
InsurTech bolt welcomes SaaS veteran Matt More to executive team

InsurTech bolt welcomes SaaS veteran Matt More to executive team

bolt, an InsurTech leader with the largest technology-enabled insurance exchange in the US, today announced the significant appointment of Matt More as the Chief Financial Officer (CFO) for North America.
Juniper pioneers in reproductive health with innovative insurance coverage

Juniper pioneers in reproductive health with innovative insurance coverage

Juniper has identified a significant gap in the health insurance market by offering comprehensive reproductive insurance, a critical area often overlooked by conventional health plans.
Slice expands contractor insurance across 47 states with top-rated PHLY coverage

Slice expands contractor insurance across 47 states with top-rated PHLY coverage

Slice Labs (Slice), a leading innovator in the InsurTech sector, has expanded into seven additional states and the District of Columbia. This expansion is supported...

Previsico welcomes Aleksander Surowiak as head of sales to propel InsurTech growth

Previsico, the innovative live flood forecasting InsurTech, has recently expanded its leadership team by appointing Aleksander Surowiak as the new Head of Sales.
New legal expense insurance for digital asset theft unveiled by M2 Recovery

New legal expense insurance for digital asset theft unveiled by M2 Recovery

M2 Recovery, a prominent InsurTech firm, has recently unveiled a novel insurance product specifically designed to address the legal expenses associated with the recovery of stolen digital assets.
Embedded InsurTech Laka gains significant funding from Achmea Innovation Fund

Embedded InsurTech Laka gains significant funding from Achmea Innovation Fund

Achmea Innovation Fund has recently placed a significant investment in Laka, a pioneering InsurTech startup based in London.

News Stories

Leak detection technology has long been a staple across commercial buildings, data centres and critical infrastructure, helping organisations identify water ingress before it causes costly disruption. Traditional systems, particularly those using leak detection cables, have offered a relatively simple monitoring solution. However, these systems typically rely on fixed alert thresholds, which often fail to reflect the variability of real-world environments. As a result, while detection capabilities exist, their reliability has frequently been called into question.

Why traditional leak detection systems falter in real environments

Leak detection technology has long been a staple across commercial buildings, data centres and critical infrastructure, helping organisations identify water ingress before it causes...
The first wave of the InsurTech revolution has delivered significant innovation, but it has also left critical structural gaps unresolved. Over the past decade, the sector has made notable progress in areas such as digital distribution, API connectivity, embedded insurance, and the modernisation of agency management systems. However, beneath these advancements lies a growing concern, according to Producerflow.

InsurTech’s data gap threatens AI ambitions

The first wave of the InsurTech revolution has delivered significant innovation, but it has also left critical structural gaps unresolved. Over the past decade,...
Liberty Mutual has partnered with life insurance technology company Ethos to expand its direct-to-consumer life insurance offering in the US.

Ethos and Liberty Mutual team up to deliver fully digital life insurance

Liberty Mutual has partnered with life insurance technology company Ethos to expand its direct-to-consumer life insurance offering in the US. The collaboration will see Liberty...
Volkswagen Financial Services UK, the financial arm of the group, has appointed InsurTech firm Wrisk Transfer Limited as its preferred insurance provider for Volkswagen Commercial Vehicles.

VWFS UK selects Wrisk as preferred insurance partner for commercial vehicles

Volkswagen Financial Services UK, the financial arm of the group, has appointed InsurTech firm Wrisk Transfer Limited as its preferred insurance provider for Volkswagen...
Transamerica, a life insurer, has partnered with global reinsurer Swiss Re to modernise its claims experience.

Transamerica and Swiss Re collaborate on digital claims transformation

Transamerica, a life insurer, has partnered with global reinsurer Swiss Re to modernise its claims experience. The initiative will see Transamerica adopt Swiss Re’s PromiseXP...
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