Sector Updates

AXA

AXA UK and Synectics Solutions team up to combat insurance fraud

AXA UK, a leading insurance provider, is joining forces with Synectics Solutions, an expert in fraud prevention.
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.

News Stories

Starpeak secures August Equity investment

Starpeak secures August Equity investment

August Equity, a UK-based private equity investor focused on lower-mid-market businesses, has agreed to invest in Starpeak, a specialist insurance distributor serving niche personal...

AEGIS London and Augentic unveil digital consortium

AEGIS London, a top-quartile Lloyd's syndicate, and Augentic, a tech-enabled MGA, have joined forces to launch a new cross-class digital follow consortium within the...
Why insurance’s distribution data goldmine matters now

Why insurance’s distribution data goldmine matters now

Insurance distribution has traditionally been treated as an operational challenge. Carriers, MGAs and agencies have invested in technology to onboard producers, manage licences and...

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...
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