Sector Updates

Marsh, a leading global insurance broker, has created a new group captive for clients seeking more control and stability in their cyber insurance programs.

Verisk, a premier global data analytics and technology provider, has partnered with Seek Now to enhance the claims assessment process in the property insurance sector.

In today’s digital age, businesses are always on the lookout for smarter ways to analyse their performance data and gain valuable insights. Enter GPT Bot, a powerful AI tool that’s changing the game for ERP systems. But what exactly is GPT Bot, and how can it benefit your business? Software development company Symfa investigates. 

Woodruff Sawyer, a US insurance broker, is expanding its East Coast presence with the addition of six members formerly with Acrisure’s Construction and Commercial Risk Practice.

Clearcover, the next-generation car insurance company, has announced the launch of its revolutionary generative AI solution.

+Simple, a European insurance distribution platform for small businesses, has announced the acquisition of OM Suscripción de Riesgos, a Spanish underwriting agency specialising in surety insurance and owned by Grupo Morera y Vallejo.

Web Connectivity Limited (WCL), a subsidiary of Zywave, has agreed a deal to supply ACORD4ALL mappings to Velonetic in support of Blueprint Two adoption in the London Market.

Scanbot SDK and Cypher Robotics have announced a strategic partnership aimed at enhancing warehousing and inventory processes across various industries.

Underwriting has often been considered as the bedrock in which insurance policies are built upon. Coupled with a rigid loss control strategy, these tenets make up the heartbeat of the insurance industry, shaping its trajectory and resilience in the face of evolving challenges. A host of insurance industry experts delved into the changing roles of underwriting and loss control and discussed the future of risk engineering.

Blink Parametric and Zurich Insurance in Asia Pacific have teamed up to offer a flight delay solution that will provide customers with real-time flight delay benefits.