Sector Updates

Solera, a leading provider of vehicle lifecycle management solutions, joins forces with STELLA Automotive AI to introduce a groundbreaking solution named ServiceAgent AI.

Solera teams up with STELLA Automotive AI to transform automotive customer experiences

Solera, a leading provider of vehicle lifecycle management solutions, joins forces with STELLA Automotive AI to introduce a groundbreaking solution named ServiceAgent AI.
Ushur, a leading provider of Customer Experience Automation solutions, continues to innovate with its latest major release, which includes the introduction of a key feature aimed at empowering citizen developers.

Ushur reveals new launch module for enhanced customer experience automation

Ushur, a leading provider of Customer Experience Automation solutions, continues to innovate with its latest major release, which includes the introduction of a key feature aimed at empowering citizen developers.
In the not-so-distant past, navigating through the bustle of public transport meant holding onto a paper ticket. However, the concept has swiftly become a relic of a bygone era. The transition from traditional paper tickets to e-tickets has resulted in more convenience and efficiency. Apart from reducing the environmental impact, this shift has streamlined the ticketing process, offering passengers instant access through their smartphones or other digital devices, as Scanbot SDK explains.

How Scanbot SDK can improve the ticket scanning process on public transport

In the not-so-distant past, navigating through the bustle of public transport meant holding onto a paper ticket. However, the concept has swiftly become a relic of a bygone era. The transition from traditional paper tickets to e-tickets has resulted in more convenience and efficiency. Apart from reducing the environmental impact, this shift has streamlined the ticketing process, offering passengers instant access through their smartphones or other digital devices, as Scanbot SDK explains.
Verisk, a leading global data analytics and technology provider, has introduced an automated Generative AI tool which has been designed to support faster insurance claims processing.

Verisk launches Generative AI tool to support faster insurance claims processing

Verisk, a leading global data analytics and technology provider, has introduced an automated Generative AI tool which has been designed to support faster insurance claims processing.
MediConCen Limited, an InsurTech company specialising in automating insurance claims using AI, has raised $6.85m in a Series A funding round. 

Hong Kong InsurTech MediConCen secures $6.85m in latest funding round

MediConCen Limited, an InsurTech company specialising in automating insurance claims using AI, has raised $6.85m in a Series A funding round. 
Ignite Specialty Risk, a provider of litigation risk insurance, has launched its Litigation Capital Protection Insurance offering in the US.

Ignite Specialty Risk launches innovative Capital Protection Insurance offering in US market

Ignite Specialty Risk, a provider of litigation risk insurance, has launched its Litigation Capital Protection Insurance offering in the US.
Boost Insurance, a prominent insurance infrastructure platform has recently made headlines by securing over $130 million in new reinsurance capacity.

Boost adds over $130m of new reinsurance capacity to accelerate its MGA platform growth

Boost Insurance, a prominent insurance infrastructure platform has recently made headlines by securing over $130 million in new reinsurance capacity.
Corvus Insurance, a leading cyber underwriter driven by a proprietary AI-driven cyber risk platform, has introduced a newly expanded Tech E+O product which aims to meet the evolving needs of the market.

Corvus expands Tech E+O offering to meet market demands

Corvus Insurance, a leading cyber underwriter driven by a proprietary AI-driven cyber risk platform, has introduced a newly expanded Tech E+O product which aims to meet the evolving needs of the market.
Marsh, a prominent player in the insurance industry, has appointed Lorraine Stack as the new Risk Management Leader for Europe, effective immediately.

Marsh announces wave of new leadership appointments

Marsh, a prominent player in the insurance industry, has appointed Lorraine Stack as the new Risk Management Leader for Europe, effective immediately.
Shepherd has recently concluded a $13.5m Series A funding round and concurrently launched an innovative AI-powered offering known as Shepherd Compliance.

Shepherd bags $13.5m and unveils new AI-powered offering

Shepherd has recently concluded a $13.5m Series A funding round and concurrently launched an innovative AI-powered offering known as Shepherd Compliance.

News Stories

Alliant Insurance buys Nava in AI benefits push

Alliant Insurance Services, one of the largest insurance brokers and consultants in the US, has agreed to acquire Nava Benefits, the AI-native employee benefits...
RockRose Risk lands $12.5m to reshape wildfire insurance

RockRose Risk lands $12.5m to reshape wildfire insurance

RockRose Risk, the insurance brokerage that rewards property owners for reducing wildfire exposure, has completed a $12.5m Series A round. The financing was jointly led...

bolt launches AI-powered insurance distribution platform

Bolt, a leading InsurTech focused on distribution, has rolled out what it calls the insurance sector's first AI-powered distribution platform to give partners access...
Why producer compliance is splitting across three tech models

Why producer compliance is splitting across three tech models

Producer licensing is increasingly becoming a technology infrastructure decision for carriers and MGAs, with platforms differing significantly in how they connect to existing systems,...
Interconnected risks are breaking insurance's old models

Interconnected risks are breaking insurance’s old models

Insurance models are being tested by a risk environment in which exposures increasingly overlap, evolve quickly and create consequences beyond their original category. Earnix,...
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