Sector Updates

Marsh

Marsh bolsters Global Placement leadership team with key appointments

Marsh, a pivotal insurance broker and risk advisor under Marsh McLennan, has unveiled significant appointments within its UK and Global Placement leadership team.
InsurTech

InsurTech’s sustainable revolution: Paving the way for impact investing in insurance

In the world of insurance, the revolution spurred on by technology is not just reshaping the industry’s landscape, but also its impact on the planet. InsurTech companies are at the forefront of a sustainable revolution, steering the course toward a greener world. Through innovative practices and technological prowess, these firms are shaping a more responsible, environmentally conscious future, with impact investing at the heart of it.
Novidea

Novidea’s insurance management solution leads Pathpoint to major growth milestone

Novidea‘s groundbreaking insurance management solution has led to Pathpoint experiencing a monthly 20% compounded growth for the last 18 months.

WTW launches new cyber insurance offering for the Bermuda market

WTW has launched a new cyber insurance product designed and tailored to be a comprehensive solution for financial, professional, and executive risks. 
Hannover

Hannover Re set ambitious €2.1bn net profit target for 2024

Hannover Re, a prominent global reinsurer, has predicted a substantial surge in its net profit for 2024, aiming to secure a minimum of €2.1bn.  

Hyperexponential’s guide to pricing decision intelligence

In the realm of insurance, the most vital determinant of success lies in pricing strategies. Yet, a dramatic shift in how insurers formulate these...

Geely’s new EV brand partners with Qover to launch bespoke insurance programme

Geely Group‘s EV brand ZEEKR, has partnered with Qover, a firm specialising in embedded insurance orchestration, to introduce a bespoke insurance programme for its customers in the Netherlands.

Allianz appoint new CEO of Central Europe

Allianz SE has announced the appointment of a new CEO of Allianz Central Europe beginning January 1, 2024. 
KYND

KYND and Consilium forge strategic partnership to tackle cyber risks in insurance

KYND Limited, a leading entity in cyber risk management, and Consilium, the international (re)insurance broker under the Aventum Group, have announced a significant strategic partnership.  

Turkey and Greece partner to bolster reinsurance collaboration

Turkish President Recep Tayyip Erdogan and Greek Prime Minister Kyriakos Mitsotakis have joined forces in an agreement aimed at broadening their connections across various industries, notably within the reinsurance sector. 

News Stories

MoneySuperMarket, the UK’s most recommended price comparison service, has expanded its ChatGPT app to include home insurance, pet insurance, credit cards and personal loans, enabling users to re-run quotes and compare financial products directly within the ChatGPT interface.

MoneySuperMarket adds home, pet insurance to ChatGPT app

MoneySuperMarket, the UK’s most recommended price comparison service, has expanded its ChatGPT app to include home insurance, pet insurance, credit cards and personal loans,...
Mehrwerk, a data-driven provider of cashback and lifestyle protection services, and bolttech, a global InsurTech specialising in embedded insurance, have formed a strategic partnership to expand embedded insurance and value-added services across Germany and international markets.

Mehrwerk teams with bolttech to expand embedded services

Mehrwerk, a data-driven provider of cashback and lifestyle protection services, and bolttech, a global InsurTech specialising in embedded insurance, have formed a strategic partnership...
Markel Insurance, the insurance division of Markel Group Inc., has launched PlayMicro in Canada via its digital platform Markel Connect, a broker-focused portal for specialty insurance solutions.

Markel brings PlayMicro portal to Canadian brokers

Markel Insurance, the insurance division of Markel Group Inc., has launched PlayMicro in Canada via its digital platform Markel Connect, a broker-focused portal for...

Ripe debuts ChatGPT app for instant cycling cover quotes

Ripe, a UK-based digital managing general agent (MGA) specialising in niche insurance products, has launched a new ChatGPT app for its cycling insurance brand...
Leading P&C insurer Duck Creek Technologies has launched an insurance-native agentic AI platform designed to embed intelligent automation across the insurance lifecycle.

Duck Creek unveils agentic AI platform to boost automation

Leading P&C insurer Duck Creek Technologies has launched an insurance-native agentic AI platform designed to embed intelligent automation across the insurance lifecycle. The platform aims...
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