Sector Updates

Guy Carpenter & Company, LLC, a prominent global risk and reinsurance specialist, has unveiled an innovative cyber reinsurance product.

In the rapidly evolving landscape of InsurTech, the demand for streamlined data processing solutions is more critical than ever. As technology continues to reshape industries, a transcontinental insurance company was tasked with the challenge of handling vast amounts of data processed through Excel files. Recognising the need for a more sophisticated approach, the company turned to Symfa, a leading player in the FinTech space, to create a unified and automated ETL process.

SimplePin, an award-winning InsurTech enterprise, has partnered with Carmack Insurance to power its payments and receivables process.

Chubb, a global insurance leader, has appointed Seth Gillston as Executive Vice President, Head of North America Industry Practices.

In the dynamic landscape of insurance technology, hx Renew has emerged as a transformative force, empowering the world’s leading insurers of complex risks to revolutionise their pricing and underwriting strategies. hyperexponential delves into the five key advantages that make hx Renew a game-changer for modern Managing General Agents (MGAs).

The landscape for insurance brokers, particularly small independent firms, is undergoing significant challenges as the cost of regulation reaches an all-time high. Due to this difficulty, FullCricl's Ashleigh Gwilliam has outlined the smartest ways to tackle the cost of regulation and drive growth.

APOLLO Insurance, a Canadian digital insurance provider, has expanded its offerings by integrating credit reporting services into its platform, providing tens of thousands of customers with a comprehensive financial solution.

BMS Re, the specialty reinsurance division of global broker BMS Group, has announced a significant leadership shake-up.

Wisedocs, a leading name in the InsurTech sector, has successfully closed an impressive $9.5m in an oversubscribed Series A financing round.

In the dynamic realm of insurance, a silent revolution is underway, orchestrated not by charismatic CEOs or flamboyant disruptors but by the enigmatic force of machine learning (ML). These complex algorithms have become insurance industry oracles, predicting claims and determining premiums with uncanny accuracy.