Sector Updates

FloodFlash, a pioneering InsurTech firm, is launching a product to support business interruption (BI) coverage in the United States, ahead of the 2024 Atlantic hurricane season.

FloodFlash launches new business interruption coverage ahead of hurricane season

FloodFlash, a pioneering InsurTech firm, is launching a product to support business interruption (BI) coverage in the United States, ahead of the 2024 Atlantic hurricane season.
ClaimBuddy secures $5m in Series A to revolutionise health insurance claims

ClaimBuddy secures $5m in Series A to revolutionise health insurance claims

ClaimBuddy, a health insurance claim assistance platform, has successfully concluded its Series A funding round, raising $5m.
Nationwide, a leading insurance provider, and EnforcerOne, a specialist in firefighting solutions, have partnered to strengthen fire defence strategies for Nationwide’s agriculture clientele.

Nationwide and EnforcerOne join forces to protect agriculture from fire hazards

Nationwide, a leading insurance provider, and EnforcerOne, a specialist in firefighting solutions, have partnered to strengthen fire defence strategies for Nationwide’s agriculture clientele.
McKinsey and Google Cloud have partnered to unlock the capabilities of generative artificial intelligence (GenAI), with an estimated $4tn in potential business value.

McKinsey and Google Cloud collaborate to drive $4tn business value with GenAI

McKinsey and Google Cloud have partnered to unlock the capabilities of generative artificial intelligence (GenAI), with an estimated $4tn in potential business value.
MetLife Pet Insurance, a leading provider of pet insurance services, has announced its collaboration with the Association of Animal Welfare Advancement (AAWA).

MetLife Pet Insurance partners with AAWA to enhance pet care accessibility

MetLife Pet Insurance, a leading provider of pet insurance services, has announced its collaboration with the Association of Animal Welfare Advancement (AAWA).
For legal enterprises, transitioning from traditional paper-based document management to digital workflows is essential to remain competitive.

Ensuring efficiency and security in legal document management

For legal enterprises, transitioning from traditional paper-based document management to digital workflows is essential to remain competitive.
Oyster, an embedded insurance platform for commerce, has announced its partnership with Electric Bike Company, a renowned player in the micro-mobility industry.

Electric Bike Company teams up with Oyster for enhanced rider insurance experience

Oyster, an embedded insurance platform for commerce, has announced its partnership with Electric Bike Company, a renowned player in the micro-mobility industry.
AXIS Capital Holdings Limited has revealed plans to enhance its suite of specialty insurance solutions in North America with the introduction of a Canadian Environmental Impairment Liability (EIL) insurance unit.

AXIS Canada appoints Ludwig Nagata to lead expansion

AXIS Capital Holdings Limited has revealed plans to enhance its suite of specialty insurance solutions in North America with the introduction of a Canadian Environmental Impairment Liability (EIL) insurance unit.
PURE Specialty Exchange widens High Value Homeowners coverage across Western States

PURE Specialty Exchange widens High Value Homeowners coverage across Western States

PURE Specialty Exchange (PSE), the specialty surplus lines insurance carrier committed to serving PURE members and high net worth families, has announced the expansion of its High Value Homeowners insurance to include six additional states: Arizona, Colorado, Hawaii, Montana, Utah, and Wyoming.
Stride and Utah set new precedents in benefits for independent workers

Stride and Utah set new precedents in benefits for independent workers

Stride, a leader in portable benefits technology, unveiled its Stride Contributions program in Utah, marking a significant innovation following the state's new Portable Benefit Plan legislation (SB-233).

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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