Sector Updates

Underwriting has often been considered the bedrock in which insurance policies are built upon. Coupled with a rigid loss control strategy, these tenets make up the heartbeat of the insurance industry, shaping its trajectory and resilience in the face of evolving challenges. A host of insurance industry experts delved into the changing roles of underwriting and loss control and discussed the future of risk engineering.

The rising importance of data masking in 2023

Data masking has emerged as a crucial solution in the digital landscape, especially in 2023, where data stands as the most profound and vulnerable digital asset for businesses. Elijah Mokin, Head of R&D at Symfa, delves into data masking and its potential.
Diesta, the InsurTech startup, raises $1.9m to streamline insurance payments

Diesta, the InsurTech startup, raises $1.9m to streamline insurance payments

Diesta, the London-based InsurTech startup, has successfully closed a seed funding round, raising $1.9m.
Singapore's Singlife receives SGD $180m investment from Japanese insurer Sumitomo Life

Singapore’s Singlife receives SGD $180m investment from Japanese insurer Sumitomo Life

Singlife, a financial services company from Singapore, announced a significant capital injection today.
FRISS, a global leader in trust automation solutions for Property and Casualty (P&C) insurers, has revealed the FRISS Accelerator for Claims Analytics for ClaimCenter Cloud.

FRISS launches Claims Analytics Accelerator for Guidewire Cloud

FRISS, a global leader in trust automation solutions for Property and Casualty (P&C) insurers, has revealed the FRISS Accelerator for Claims Analytics for ClaimCenter Cloud.
The digital transformation of the insurance industry has been underway for many years. Carriers have drastically improved their efficiency, speed and accuracy through the implementation of new technologies. Now the sector may be looking towards data analytics to make the latest leap in the space. 

Data analytics – the next frontier for insurance  

The digital transformation of the insurance industry has been underway for many years. Carriers have drastically improved their efficiency, speed and accuracy through the implementation of new technologies. Now the sector may be looking towards data analytics to make the latest leap in the space. 
Programming has often been described as difficult and unaccessible, which is why the implementation of low code solutions designed to amend these issues is so appealing to insurers globally. But can they be used at a corporate level? Dmitry Kurbatov, delivery manager at Symfa delves into the lessens he learned while implementing such an offering at a US insurance firm.

Is low-code good enough for insurance software development

Programming has often been described as difficult and unaccessible, which is why the implementation of low code solutions designed to amend these issues is so appealing to insurers globally. But can they be used at a corporate level? Dmitry Kurbatov, delivery manager at Symfa delves into the lessens he learned while implementing such an offering at a US insurance firm.
Novidea has announced the latest update to its award-winning insurance management solution, designed to cater to brokers, agents, MGAs/MGUs, wholesalers, and carriers.

Novidea unveils cutting-edge enhancements to its award-winning insurance management platform

Novidea has announced the latest update to its award-winning insurance management solution, designed to cater to brokers, agents, MGAs/MGUs, wholesalers, and carriers.
Flitter's innovative pay-by-mile insurance model drives €3.5m seed funding

Flitter’s innovative pay-by-mile insurance model drives €3.5m seed funding

Flitter, a Paris-based InsurTech startup, has successfully completed a €3.5m seed funding round, positioning itself for significant expansion.
Better Home & Finance Holding Company has launched a new end-to-end white label solution that allows customers to purchase homeowners insurance through an online experience.

Better launches new solution to provide online insurance experience for US homeowners

Better Home & Finance Holding Company has launched a new end-to-end white label solution that allows customers to purchase homeowners insurance through an online experience.
Nordnet has extended its partnership with Lumera, and is now set to launch a SIP insurance savings account offering, as it enters the Finnish market.

Nordnet extends Lumera partnership and launches SIP insurance savings offering in Finland

Nordnet has extended its partnership with Lumera, and is now set to launch a SIP insurance savings account offering, as it enters the Finnish market.

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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