Sector Updates

Two independent claims adjusters in the US Southeast have unveiled a new platform, InsuranceClaim123, which aims to give property owners a fast and affordable way to check insurance carriers’ damage estimates for potential gaps.

New platform helps homeowners confirm insurer accuracy

Two independent claims adjusters in the US Southeast have unveiled a new platform, InsuranceClaim123, which aims to give property owners a fast and affordable...
Aon, the global professional services firm specialising in risk, retirement and health solutions, has announced a $1bn expansion of its Data Center Lifecycle Insurance Program (DCLP), bringing total capacity to $2.5bn.

Aon increases data center insurance capacity to $2.5bn

Aon, the global professional services firm specialising in risk, retirement and health solutions, has announced a $1bn expansion of its Data Center Lifecycle Insurance...
Root Insurance, the technology-driven auto carrier and subsidiary of Root, Inc., and Kikoff, a personal finance platform using AI to help users build credit, manage debt and save, have announced a new partnership.

Root and Kikoff join to offer personalised car insurance

Root Insurance, the technology-driven auto carrier and subsidiary of Root, Inc., and Kikoff, a personal finance platform using AI to help users build credit,...
WTW (Willis Towers Watson) has launched the Radar Connector for Databricks, expanding the capabilities of its insurance analytics and pricing platform through a new native integration with the Databricks Data Intelligence Platform.

WTW connects Radar pricing platform to Databricks

WTW (Willis Towers Watson) has launched the Radar Connector for Databricks, expanding the capabilities of its insurance analytics and pricing platform through a new...
Japanese electronics giant Sony has partnered with global InsurTech bolttech to launch My Sony Care+, an embedded protection programme designed to provide customers with extended and more comprehensive coverage for their devices.

Sony partners with bolttech on embedded insurance

Japanese electronics giant Sony has partnered with global InsurTech bolttech to launch My Sony Care+, an embedded protection programme designed to provide customers with...
Almost everyone in the insurance sector is talking about AI, yet few organisations have managed to deploy it at scale. By 2025, nearly 90 per cent of insurers are expected to implement some form of AI. That figure sounds impressive until you consider that only around seven per cent are likely to move beyond pilot programmes. The challenge is not ambition or budget. According to IntellectAI, it comes down to trust, accuracy, and the often chaotic reality of insurance data.

How human oversight improves insurance AI

Almost everyone in the insurance sector is talking about AI, yet few organisations have managed to deploy it at scale. By 2025, nearly 90...
Israel-based automotive group Colmobil has chosen Novidea’s cloud-native insurance management platform to modernise and consolidate its vehicle insurance operations.

Colmobil deploys Novidea to automate vehicle insurance

Israel-based automotive group Colmobil has chosen Novidea’s cloud-native insurance management platform to modernise and consolidate its vehicle insurance operations. The rollout will cover Colmobil’s insurance...
Lausanne-based startup Ex Nunc Intelligence has closed an oversubscribed €1.8m pre-seed funding round to further develop its Silex platform and expand its legal intelligence infrastructure.

Lausanne LegalTech Ex Nunc raises €1.8m for AI platform

Lausanne-based startup Ex Nunc Intelligence has closed an oversubscribed €1.8m pre-seed funding round to further develop its Silex platform and expand its legal intelligence...
BirdsEyeView, a European Space Agency-backed InsurTech, has secured an undisclosed seven-figure investment to support international expansion and accelerate development of its wildfire risk modelling capabilities.

BirdsEyeView lands investment to scale wildfire analytics

BirdsEyeView, a European Space Agency-backed InsurTech, has secured an undisclosed seven-figure investment to support international expansion and accelerate development of its wildfire risk modelling...
London-based InsurTech YuLife has appointed Tal Gilbert as chief executive officer as the InsurTech company enters its next phase of growth, with a renewed focus on artificial intelligence and employee benefits. 

YuLife appoints Tal Gilbert as CEO to drive AI growth

London-based InsurTech YuLife has appointed Tal Gilbert as chief executive officer as the InsurTech company enters its next phase of growth, with a renewed...

News Stories

GLASS PRISM: the AI tool redefining insurance investment strategy

Ortec Finance has unveiled GLASS PRISM, a next-generation strategic asset allocation (SAA) optimisation tool designed specifically for insurance asset managers. Built on what the firm...
The financial services sector is undergoing a period of rapid change as digital-first providers reshape how customers access and engage with products. Faster onboarding, transparent pricing, and personalised experiences are becoming standard expectations, placing increasing pressure on traditional banks and insurers to adapt.

Can bancassurance remain relevant in a digital-first financial landscape?

The financial services sector is undergoing a period of rapid change as digital-first providers reshape how customers access and engage with products. Faster onboarding,...
Pikl, an InsurTech focused on insurance-enabled business models, is scaling its flexible cancellation solution designed to help short-term rental platforms offer booking flexibility while protecting revenue.

Pikl builds insurance-led model for rental flexibility

Pikl, an InsurTech focused on insurance-enabled business models, is scaling its flexible cancellation solution designed to help short-term rental platforms offer booking flexibility while...
QBE, a global insurer, has partnered with Aurora to launch a fully automated lead algorithmic underwriting capability for complex specialty risks, now live within its Yacht Protection & Indemnity product.

QBE AND Aurora roll out end-to-end algorithmic underwriting

QBE, a global insurer, has partnered with Aurora to launch a fully automated lead algorithmic underwriting capability for complex specialty risks, now live within...
Lloyd’s, the global insurance marketplace, has selected 12 companies for Cohort 16 of the Lloyd’s Lab Accelerator following its latest Pitch Day, marking the start of a ten-week programme focused on innovation across underwriting, risk and operations.

Lloyd’s Lab selects 12 firms for Cohort 16 Accelerator

Lloyd’s, the global insurance marketplace, has selected 12 companies for Cohort 16 of the Lloyd’s Lab Accelerator following its latest Pitch Day, marking the...
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