Sector Updates

The Black Car Fund, a not-for-profit organisation established by New York State, has announced its partnership with CLARA Analytics, a leader in the application of artificial intelligence in the insurance sector.

The Black Car Fund adopts CLARA Analytics AI to enhance claims management and accuracy

The Black Car Fund, a not-for-profit organisation established by New York State, has announced its partnership with CLARA Analytics, a leader in the application of artificial intelligence in the insurance sector.
Unlocking insurer success: The power of data integration with hx Renew

Unlocking insurer success: The power of data integration with hx Renew

In the evolving landscape of insurance, the adage "knowledge is power" has never been more pertinent. This is especially true in an era where data acts as the lifeblood of decision-making processes.
Lemonade's game-changing homeowners insurance hits France

Lemonade’s game-changing homeowners insurance hits France

Lemonade, a trailblazer in the digital insurance sector, has extended its repertoire of services to include homeowners insurance in France, enriching its already fruitful partnership with BNP Paribas Cardif.
SageSure bolsters earthquake risk insurance, acquires GeoVera MGA for market expansion

SageSure bolsters earthquake risk insurance, acquires GeoVera MGA for market expansion

SageSure, a leading managing general agent in catastrophe-exposed insurance markets, has announced a definitive agreement to acquire GeoVera Advantage Insurance Services, from GeoVera Insurance...
https://www.tradeatlas.com/en

Cytora and TradeAtlas partnership revolutionises marine insurance with data-driven approach

Cytora, a leader in digital risk processing for the InsurTech sector, has announced a strategic partnership with TradeAtlas, a global trade data behemoth.
Novidea secures $30m boost from HarbourVest to revolutionise InsurTech

Novidea secures $30m boost from HarbourVest to revolutionise InsurTech

Novidea has recently announced a significant development in its growth trajectory, securing an additional $30m in funding from HarbourVest Partners.
Zurich Insurance takes bold step by halting new fossil-fuel projects underwriting

Zurich Insurance takes bold step by halting new fossil-fuel projects underwriting

Zurich Insurance Group AG has taken a bold step by announcing it will cease to underwrite new oil and gas projects going forward. 
American Family Life Insurance embraces Munich Re automation solutions

American Family Life Insurance embraces Munich Re automation solutions

Munich Re Automation Solutions Ltd has entered into a significant business relationship with American Family Life Insurance Company, marking a pivotal shift towards cloud-based...
AXA and AWS partner to revolutionise B2B risk management with new digital platform

AXA and AWS partner to revolutionise B2B risk management with new digital platform

AXA, a global insurance and asset management behemoth, and Amazon Web Services  are setting the stage for a groundbreaking collaboration with the development of the AXA Digital Commercial Platform (DCP).
Australian FinTech startup, Honey Insurance, raises $108m to enhance smart home safety

Australian FinTech startup, Honey Insurance, raises $108m to enhance smart home safety

Honey Insurance, an Australian home insurance startup, has just announced a significant boost in its journey to redefine the home insurance landscape.

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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