Sector Updates

BOXX Insurance has announced a strategic partnership with Nova Southeastern University (NSU) to provide cyber protection education services for businesses.

Insurify has revealed a multi-year agreement to provide auto finance company Santander Consumer USA, with support for their home insurance comparison systems.

Openly, a Boston, MA-based firm, is a premium homeowners insurance provider that recently bagged a significant financial milestone.

International InsurTech, bolttech, has recently made headlines with its notable partnership with leading impact investment firm LeapFrog Investments.

Conduit Re, based in Bermuda, and hyperexponential, a leading pricing decision intelligence (PDI) firm, have embarked on a transformative partnership.

Transamerica has announced a strategic partnership with digital life insurance startup Bestow Inc., in a bid to enhance its financial protection offerings.

Akur8 and Wüstenrot Gruppe have announced a new collaboration aimed at enhancing Wüstenrot’s pricing capabilities in Austria.

European insurance giant Talanx has initiated a €300m capital raising effort aimed at expanding its free float.

In the evolving landscape of insurance, there is a stark need for adaptation. The rampant shift towards digitalisation has impacted the very core of how insurers operate, but the data-driven wave hasn't been smooth sailing. Underwriters and actuaries, key players in the industry, voice discontent with contemporary processes.

Mobile app development has evolved significantly since the advent of smartphones in the late 2000s. Initially, developers had two main approaches to consider: native and hybrid development. Native apps were built using the platforms' specific programming languages, while hybrid apps were web applications housed within a sandbox browser.