Sector Updates

The London Market is on the precipice of a digital transformation, and one significant initiative propelling this change is the Core Data Record (CDR). This strategic move aims to standardise and streamline the collection of critical transaction data, marking a pivotal leap in market efficiency. InsurTech Novidea explains why CDR matters for London market brokers. 

Global professional services firm Synpulse has partnered with Cenata to leverage its outwards reinsurance system.

Swiss Re Group has unveiled ambitious financial targets, as it aims to improve its net income by $3.6bn in 2024.

Cadence Bank has successfully concluded the sale of its insurance operations to Arthur J. Gallagher & Co. for an impressive $904m in cash.

Patra, a pioneering force in technology-driven insurance outsourcing services, continues its global expansion by entering the Canadian market.

Digital transformation and innovation are becoming keystones in the insurance sector's evolution. Caroline Bedford, Chief Executive at EDII, delves into the pivotal role of fostering innovation and future-focused skills in the insurance industry in the latest episode of Hyperexponential's podcast.

In a revealing interview, Hans Sterte, a prominent economist and Senior Partner at House of Reach, recently spoke to WealthTech company Kidbrooke.

Cyberwrite, a leading provider of cyber insurance Artificial Intelligence (AI) solutions, has announced a strategic partnership with MAPFRE to fortify cybersecurity for their clients. The...

Cytora, a leading digital risk processing platform, has announced a partnership with ZestyAI designed to bolster commercial property underwriting.

Markel, the insurance arm of Markel Group Inc., has announced bolstered its war and terrorism team through the appointment of a new senior underwriter.