Sector Updates

Whitespace, an e-trading platform fully digitised and under the umbrella of Verisk, is excited to introduce Digital Follow as its inaugural workflow automation solution.

Verisk’s Whitespace platform introduces workflow automation functionality with Digital Follow

Whitespace, an e-trading platform fully digitised and under the umbrella of Verisk, is excited to introduce Digital Follow as its inaugural workflow automation solution.
Neptune Flood, the nation’s largest private flood insurance company, has acquired Charles River Data in a bid to enhance AI-driven flood insurance solutions.

Neptune Flood announces acquisition to drive AI-driven flood insurance solutions

Neptune Flood, the nation’s largest private flood insurance company, has acquired Charles River Data in a bid to enhance AI-driven flood insurance solutions.
Insured Nomads, an innovative leader in the travel and health insurance industry, has appointed Sven Thorslund as Senior Vice President of Global Client Engagement & Key Accounts.

Insured Nomads welcomes Sven Thorslund to leadership team

Insured Nomads, an innovative leader in the travel and health insurance industry, has appointed Sven Thorslund as Senior Vice President of Global Client Engagement & Key Accounts.
CLARA Analytics, a leading provider of artificial intelligence (AI) technology for insurance claims optimisation, has announced an expansion of its partnership with Origami Risk.

CLARA Analytics and Origami Risk deepen partnership to fast-track AI adoption in insurance

CLARA Analytics, a leading provider of artificial intelligence (AI) technology for insurance claims optimisation, has announced an expansion of its partnership with Origami Risk.
Delos Insurance Solutions has partnered with certain underwriters at Lloyd's of London to offer wildfire insurance to more California policyholders with vacant properties.

Delos Insurance and Lloyd’s of London to expand vacant home insurance in California

Delos Insurance Solutions has partnered with certain underwriters at Lloyd's of London to offer wildfire insurance to more California policyholders with vacant properties.
QBE North America, a leading insurance provider, has unveiled its latest offering, the Healthcare Liability practice, aimed at addressing the distinct requirements of healthcare organisations.

QBE NA launches specialised healthcare liability practice

QBE North America, a leading insurance provider, has unveiled its latest offering, the Healthcare Liability practice, aimed at addressing the distinct requirements of healthcare organisations.
As the world marches towards modernisation, industries across the board are facing the pressing question of how to adapt and stay relevant in an increasingly digital landscape. This shift is particularly pronounced in the insurance sector, where the demand for greater diversification of products and services is reshaping traditional business models. One of the key dilemmas facing insurers today is whether to invest heavily in transforming into full-fledged IT organisations or to concentrate solely on their core competency of crafting insurance products.

Should insurers invest in becoming an IT organisation?

As the world marches towards modernisation, industries across the board are facing the pressing question of how to adapt and stay relevant in an increasingly digital landscape. This shift is particularly pronounced in the insurance sector, where the demand for greater diversification of products and services is reshaping traditional business models. One of the key dilemmas facing insurers today is whether to invest heavily in transforming into full-fledged IT organisations or to concentrate solely on their core competency of crafting insurance products.
Aviva, a leading insurance provider, and RiskEye, a digital risk management specialist, have joined forces to enhance Aviva’s cyber insurance offering.

Aviva to enhance cyber insurance offering through new partnership

Aviva, a leading insurance provider, and RiskEye, a digital risk management specialist, have joined forces to enhance Aviva’s cyber insurance offering.
Kayna, an award-winning embedded insurance infrastructure platform, is set to optimise AEGIS London’s online quote and bind platform through a new partnership.

Kayna to optimise AEGIS London’s online quote and bind platform through new partnership

Kayna, an award-winning embedded insurance infrastructure platform, is set to optimise AEGIS London’s online quote and bind platform through a new partnership.
Arbol, a leader in parametric insurance solutions, has announced the successful closure of a $60m Series B funding round.

Arbol bags $60m in Series B funding to scale parametric insurance offering

Arbol, a leader in parametric insurance solutions, has announced the successful closure of a $60m Series B funding round.

News Stories

Indico Data, HDI Global US strike InsurTech tie-up

Indico Data, HDI Global US strike InsurTech tie-up

Indico Data, the Intake & Orchestration Platform for insurance operations, has agreed a partnership with HDI Global US to modernise how complex corporate and...
Alfred launches Costco-style bills membership

Alfred launches Costco-style bills membership

Alfred, a new AI-native services company that gives UK households access to better prices across energy, mobile, broadband, home insurance, car insurance and breakdown...

Sixfold study: L&H underwriters back AI, adoption lags

Sixfold, the AI underwriting company that partners with major Life and Health carriers worldwide, has published new research revealing that confidence in artificial intelligence...
Road safety shift threatens motor insurers

Road safety shift threatens motor insurers

Angelica Solutions, an insurance analytics and advisory business, has warned that a growing share of serious road casualties among pedestrians and cyclists could open...
ZestyAI's Z-WATER wins approval in 20+ US states

ZestyAI’s Z-WATER wins approval in 20+ US states

ZestyAI, a Risk Decision Platform serving the insurance industry, has had its Z-WATER model for non-weather water risk accepted for use in carrier rate...
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