Sector Updates

InsurTech firm Insurwave has agreed to sell off its AI submission ingestion capability to AI processing company Portage AI, as part of a strategic transaction.

Portage AI acquires Insurwave’s submission AI

InsurTech firm Insurwave has agreed to sell off its AI submission ingestion capability to AI processing company Portage AI, as part of a strategic transaction. The...
Global insurer Aviva has expanded its ChatGPT app to include life insurance, allowing customers to obtain an initial quote through the conversational AI platform before completing their application online.

Aviva brings life insurance applications to ChatGPT

Global insurer Aviva has expanded its ChatGPT app to include life insurance, allowing customers to obtain an initial quote through the conversational AI platform...
The debate between Generalised Linear Models (GLMs) and Gradient Boosting Machines (GBMs) has been a long-running fixture in actuarial pricing discussions. While it is often framed as a competition between “old” and “new” modelling approaches, practitioners increasingly recognise that the real issue is not superiority, but suitability.

Comparing the benefits of GLM and GBM for insurance pricing

The debate between Generalised Linear Models (GLMs) and Gradient Boosting Machines (GBMs) has been a long-running fixture in actuarial pricing discussions. While it is...
The modern pharmacy has undergone a significant transformation in recent years, evolving from a simple dispensary into one of the most accessible frontline healthcare providers. Today, pharmacies in the United States deliver flu vaccinations, blood pressure checks, medication therapy management, and a growing range of preventative health services, placing them at the heart of community healthcare delivery.

Pharmacies must evolve into continuous digital health platforms

The modern pharmacy has undergone a significant transformation in recent years, evolving from a simple dispensary into one of the most accessible frontline healthcare...
Pace, an AI operations company focused on insurance workflows, has raised $46m in Series B funding as it accelerates the rollout of its agentic automation platform across global insurance markets.

Pace raises $46m Series B to scale AI insurance operations

Pace, an AI operations company focused on insurance workflows, has raised $46m in Series B funding as it accelerates the rollout of its agentic...
Newrez, a US homeownership company, has expanded its partnership with digital insurance marketplace Matic to embed real-time homeowners insurance comparison and quoting directly into its HomeHub customer portal.

Matic and Newrez launch real-time insurance marketplace in HomeHub

Newrez, a US homeownership company, has expanded its partnership with digital insurance marketplace Matic to embed real-time homeowners insurance comparison and quoting directly into...
VIPR Solutions and WCL, a Zywave organisation, have launched an integrated digital workflow for non-bureau delegated underwriting, aiming to eliminate one of the insurance market’s most persistent operational bottlenecks.

VIPR and WCL launch integrated delegated underwriting platform

VIPR Solutions and WCL, a Zywave organisation, have launched an integrated digital workflow for non-bureau delegated underwriting, aiming to eliminate one of the insurance...

How iPipeline leverages AI to transform the life insurance market

iPipeline is a leading global provider of comprehensive and integrated digital solutions for the life insurance and financial services industries in North America, and life...

Weecover launches insurance payment orchestration module

Weecover, an InsurTech platform specialising in technology solutions for insurance management and distribution, has officially launched its Insurance Payment Orchestration Module, a product built...
IBM and Quant AI transform contact centres with Ava

IBM and Quant AI transform contact centres with Ava

Quant AI, an agentic AI systems developer, has unveiled AI agent Ava at the IBM Think Conference. Ava is an AI-powered contact centre solution developed...

News Stories

Capricorn Mutual completes Duck Creek platform go-live

Capricorn Mutual completes Duck Creek platform go-live

Aggne, a Wipro company and insurance technology services provider, has confirmed the successful go-live of Capricorn Mutual, the member-owned risk protection organisation, on Duck...
Why rating engines are becoming insurers' decision hub

Why rating engines are becoming insurers’ decision hub

Pricing technology is moving beyond its traditional home in actuarial and underwriting teams. Rating engines are increasingly being used by marketing, innovation and product...
AML

Why underwriting data holds the key to spotting AML risk

Insurance houses across South Africa are pouring money into anti-financial crime tools, yet heavy spending alone is not solving the problem. Effectiveness, particularly at...
Wildfire data model drives new California cover

Wildfire data model drives new California cover

DUAL North America, a specialty programme administrator, Kingstone Companies, a Northeast-focused property insurer, and Windward Risk Managers, a Florida-based risk manager, have each launched...
ManyPets debuts UK's first ChatGPT insurance plugin

ManyPets debuts UK’s first ChatGPT insurance plugin

ManyPets, a UK pet insurance provider offering Lifetime cover and an AI-powered claims service, has become the first UK specialist pet insurance provider to...
227198

60,000+ InsurTech leaders get exclusive insights delivered every week