Sector Updates

MetLife UK, the renowned protection and employee benefits provider, has welcomed Charlotte Lade to its team as the Head of Customer Propositions.

MetLife UK appoints Charlotte Lade to elevate customer experience

MetLife UK, the renowned protection and employee benefits provider, has welcomed Charlotte Lade to its team as the Head of Customer Propositions.
The future of underwriting: IntellectAI's triumph with generative AI models

The future of underwriting: IntellectAI’s triumph with generative AI models

Research indicates that the Generative AI market is at a pivotal moment. According to Grandview Research’s Market Analysis report, the global generative AI market size stood at USD 10.14bn in 2022 and is poised to witness a compound annual growth rate (CAGR) of 35.6% from 2023 to 2030.
Aviva has announced the acquisition of AIG Life Limited  from Corebridge Financial, Inc., a quoted subsidiary of AIG, for £460m.

Aviva acquires AIG’s UK protection business for £460m

Aviva has announced the acquisition of AIG Life Limited  from Corebridge Financial, Inc., a quoted subsidiary of AIG, for £460m.
Boaba and Continental Assist have announced a partnership that aims to promote and expand parametric insurance solutions in the Latin American market.

InsurTech Baoba partners with Continental Assist for parametric solutions in LaTAm

Boaba and Continental Assist have announced a partnership that aims to promote and expand parametric insurance solutions in the Latin American market.
Specialty insurer Markel has announced that it has experienced a 113% increase in productivity for its underwriting team due to its partnership with InsurTech Cytora.

Markel sees 113% underwriting productivity increase following Cytora partnership

Specialty insurer Markel has announced that it has experienced a 113% increase in productivity for its underwriting team due to its partnership with InsurTech Cytora.
Arthur J. Gallagher & Co has acquired Ace Commercial Insurance Center in a significant move  designed to bolster its position in the competitive transportation market.

Gallagher acquires Ace Commercial to strengthen transportation market presence

Arthur J. Gallagher & Co has acquired Ace Commercial Insurance Center in a significant move  designed to bolster its position in the competitive transportation market.
Ledgertech, Menora Mivtachim, and Cellcom have recently formed a strategic alliance to launch the first-ever automated digital travel insurance product.

Ledgertech, Menora Mivtachim, and Cellcom partner to launch automated digital travel insurance solution

Ledgertech, Menora Mivtachim, and Cellcom have recently formed a strategic alliance to launch the first-ever automated digital travel insurance product.
Global insurance association AIG has announced sweeping changes to its senior leadership team, following the appointment of a new executive vice president and chief marketing & communications officer.

AIG tweaks senior leadership team as it aims to sustain growth

Global insurance association AIG has announced sweeping changes to its senior leadership team, following the appointment of a new executive vice president and chief marketing & communications officer.
The Commerce Fraud Bureau has formally charged a Minnesota broker with alleged involvement in a $650k fraud scheme. 

Minnesota broker charged for alleged $650k fraud scheme

The Commerce Fraud Bureau has formally charged a Minnesota broker with alleged involvement in a $650k fraud scheme. 
QBE Insurance Group has confirmed the appointment of Julie Wood as Chief Executive Officer (CEO) of the company’s North America division.

Julie Wood appointed CEO of QBE’s North America Division

QBE Insurance Group has confirmed the appointment of Julie Wood as Chief Executive Officer (CEO) of the company’s North America division.

News Stories

Across EMEA, insurers are investing heavily in insurance pricing and AI. Companies are looking to implement faster decisions, more precise pricing, and the ability to compete in a market defined by volatility and regulation. On the surface, progress looks real. New models are built. Data science teams expand. AI pilots are launched. Platforms are upgraded. Yet when it comes to production, very little changes.

Why insurers are falling behind on pricing platform transformation

Across EMEA, insurers are investing heavily in insurance pricing and AI. Companies are looking to implement faster decisions, more precise pricing, and the ability...
Clearcover, a digital-first InsurTech specialising in car insurance, has launched a new auto insurance product in Florida alongside its “26 for ’26” agent incentive programme, aiming to deliver flexible, transparent cover while boosting agent engagement.

Clearcover enters Florida with fee-free car insurance

Clearcover, a digital-first InsurTech specialising in car insurance, has launched a new auto insurance product in Florida alongside its “26 for ’26” agent incentive...
Origami Risk, a provider of cloud-native risk, safety and insurance software, has been selected by Gramercy Risk Management, an insurer targeting underserved markets, to deploy its P&C SaaS platform and support business expansion.

Origami Risk powers Gramercy growth with SaaS solution

Origami Risk, a provider of cloud-native risk, safety and insurance software, has been selected by Gramercy Risk Management, an insurer targeting underserved markets, to...
Roamly, an InsurTech focused on mobility insurance solutions, has launched a usage-based commercial insurance product for autonomous fleets that prices cover in real-time, and reduces costs when vehicles operate in autopilot mode, in partnership with Tesla.

Roamly unveils real-time insurance for Tesla fleets

Roamly, an InsurTech focused on mobility insurance solutions, has launched a usage-based commercial insurance product for autonomous fleets that prices cover in real-time, and...
Root, a technology-driven car insurance provider, has launched a 24-hour agent appointment programme, enabling independent insurance agents to complete onboarding and begin selling policies within a single day.

Root speeds up agent onboarding with 24-hour programme

Root, a technology-driven car insurance provider, has launched a 24-hour agent appointment programme, enabling independent insurance agents to complete onboarding and begin selling policies...
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