Sector Updates

Talanx's Retail International division has successfully finalised the acquisition of of the business of Liberty Seguros with retail customers and small to mid-sized enterprises in Brazil.

Talanx successfully completes acquisition of Liberty Seguros in Brazil

Talanx's Retail International division has successfully finalised the acquisition of of the business of Liberty Seguros with retail customers and small to mid-sized enterprises in Brazil.
Erste Bank Hungary and Companjon unite for a new era in AI-enabled lifestyle insurance

Erste Bank Hungary and Companjon unite for a new era in AI-enabled lifestyle insurance

Companjon, an innovative B2B2C InsurTech start-up, is teaming up with Erste Bank Hungary, a prominent player in the Central and Eastern European financial services industry.
In recent times, there has been a rapid evolution of the actuarial field amidst surging data volumes and technological advancements. Actuaries now grapple with extracting insights from diverse data sources, necessitating the integration of AI and machine learning. Despite increased demand, a talent shortage has prompted insurers to explore alternative pathways such as data science. AKUR8 delves into all of this, and more, in their recent report. 

Pricing teams in a changing world: evolving backgrounds and expectations

In recent times, there has been a rapid evolution of the actuarial field amidst surging data volumes and technological advancements. Actuaries now grapple with...
The UK government has revealed that they are set to consult on the introduction of a regime for captive insurance companies in spring 2024.

UK government set date for consult on new captive insurance regs

The UK government has revealed that they are set to consult on the introduction of a regime for captive insurance companies in spring 2024.
As the insurance industry continues to undergo a dramatic transformation, with the adoption of Artificial Intelligence (AI) emerging as a pivotal remedy for age-old challenges. This technological shift isn't merely about enhancing customer experiences; it's also about refining internal operations for efficiency gains, as distriBind explains.

The need for back-end office process automation in insurance

As the insurance industry continues to undergo a dramatic transformation, with the adoption of Artificial Intelligence (AI) emerging as a pivotal remedy for age-old challenges. This technological shift isn't merely about enhancing customer experiences; it's also about refining internal operations for efficiency gains, as distriBind explains.
Smart

How Smart Communications and Guidewire are transforming P&C insurance

Smart Communications and Guidewire have celebrated surpassing 120 mutual customers, a testament to their successful partnership.
Smart

Smart Communications makes CEO and executive chairman appointments

Smart Communications, annenterprise renowned for enhancing business-customer dialogues, heralded significant leadership shifts.
Meritage Jewelers has forged a strategic partnership with Jewelers Mutual Group, selecting them as the preferred business solution provider to elevate customer experience through the LUX Digital Vault mobile app.

Meritage Jewelers chooses Jewelers Mutual InsurTech solution to transform the customer experience

Meritage Jewelers has forged a strategic partnership with Jewelers Mutual® Group, selecting them as the preferred business solution provider to elevate customer experience through the LUX Digital Vault mobile app.
Intangible asset insurance: The new frontier in tech protection

Intangible asset insurance: The new frontier in tech protection

in the latest podcast from hyperexponential, CFC Underwriting’s Michael Brunero explores insuring emerging technologies and intellectual property.
hyperexponential and Akur8 collaborate for cutting-edge InsurTech pricing solutions

hyperexponential and Akur8 collaborate for cutting-edge InsurTech pricing solutions

hyperexponential and Akur8, two prominent names in the FinTech industry, have recently announced a strategic partnership.

News Stories

Valor backs Counterpart with $50m Series C raise

Counterpart, a specialty InsurTech firm pioneering Agentic Insurance™ for the AI era, has completed a $50m Series C funding round, bringing its cumulative total...
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...
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