Sector Updates

In today's fast-paced digital landscape, streamlining insurance processes is a top priority for both insurers and insureds. One significant aspect of this transformation is simplifying document submissions. Allowing insureds to scan and submit documents online via a web portal not only saves valuable time but also increases automatic processing rates. Scanbot SDK explores the implementation of this feature using a Web SDK (Software Development Kit) for document scanning.

Streamlining insurance document submission: The power of web SDKs

In today's fast-paced digital landscape, streamlining insurance processes is a top priority for both insurers and insureds. One significant aspect of this transformation is simplifying document submissions. Allowing insureds to scan and submit documents online via a web portal not only saves valuable time but also increases automatic processing rates. Scanbot SDK explores the implementation of this feature using a Web SDK (Software Development Kit) for document scanning.
Global professional services firm Aon has unveiled its new solution designed to better inform, advise and protect franchise businesses.

Aon launches multi-industry Franchise Solutions program to help businesses manage risk

Global professional services firm Aon has unveiled its new solution designed to better inform, advise and protect franchise businesses.
Streamlining group benefits communication: Key innovations & strategies

Streamlining group benefits communication: Key innovations & strategies

In the rapidly evolving world of group benefits, companies are doubling down on strategies that enhance their interactions and boost operational efficiency. Especially during the peak seasons, these firms are navigating a maze of challenges, with effective communication emerging as a paramount concern.
KYND's cyber risk expertise powers Nirvana’s underwriting transformation

KYND’s cyber risk expertise powers Nirvana’s underwriting transformation

KYND and Nirvana, two trailblazing names in their respective fields, have joined forces to revolutionise cyber underwriting. KYND stands out as a provider of advanced cyber...
Hampden Risk Partners and Optalitix unite for underwriting transformation

Hampden Risk Partners and Optalitix unite for underwriting transformation

Hampden Risk Partners (HRP), a prominent Lloyd's syndicate, is making waves in the underwriting world. Optalitix, an esteemed InsurTech firm, stands out for its advanced data analytics solutions.
Veruna bags $10m Series B to revolutionise InsurTech innovation

Veruna bags $10m Series B to revolutionise InsurTech innovation

Veruna, the pioneering agency management system developed natively on Salesforce's eminent CRM platform, has unveiled a triumphant Series B fundraising round.
Modives has announced a strategic partnership with Bindable aimed at providing a myriad of features designed to enhance property management and support owner-landlords via the Modives business solution.

Modives announces partnership with Bindable to bring embedded insurance to property business solution

Modives has announced a strategic partnership with Bindable aimed at providing a myriad of features designed to enhance property management and support owner-landlords via the Modives business solution.
distriBind and Greenlight Re partner to enhance data visibility

distriBind and Greenlight Re partner to enhance data visibility

distriBind, the leading digital delegated authority data exchange platform, has announced a collaboration with Greenlight Reinsurance, a distinguished specialist in property and casualty reinsurance...
Nirvana Insurance, a provider of modern insurance solutions, has announced the successful closure of a $57m Series B funding round.

Nirvana lands $57m to expand its IoT-based commercial insurance platform

Nirvana Insurance, a provider of modern insurance solutions, has announced the successful closure of a $57m Series B funding round.
BrokerTech Ventures (BTV), a pioneering broker-centric accelerator program in the InsurTech industry, can reveal that the collective valuation of its startups is now approaching $1bn.

BTV reveals accelerator success as startup valuation closes on $1bn

BrokerTech Ventures (BTV), a pioneering broker-centric accelerator program in the InsurTech industry, can reveal that the collective valuation of its startups is now approaching $1bn.

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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