Sector Updates

ai-trust-defecit

AI trust deficit in advanced digital economies: Insights from Swiss Re Institute

Swiss Re Institute's recent analysis reveals that countries leading in digital advancements are likely to harbour lesser trust in artificial intelligence (AI) technology.
scanbot-ai-manufacturing

The rise of AI in manufacturing: Streamlining processes through machine learning

According to software provider Scanbot, machine learning is ushering in a new era of efficiency and innovation in the manufacturing industry, playing a pivotal role in the fourth industrial revolution.
verisk-morning-data

Verisk’s acquisition of Morning Data: Upgrading the global insurance industry

Verisk, a forerunner in data analytics and technology, has joined forces with Morning Data, a leading supplier of cutting-edge software to brokers and managing general agents (MGAs) worldwide, with a strong presence in London.
akur8-tokio-marine-enhanced-insurance-pricing-asia

Akur8 partners with Tokio Marine for enhanced insurance pricing in Asia

Akur8, a pioneer in insurance pricing technology, is partnering with Tokio Marine Insurance Group (Asia), a leading insurance company with a strong footprint in the Southeast Asian market.
sapiens-absa-life-team-up-digital-transformation

Sapiens chosen as Absa Life’s partner in a major digital transformation initiative

Sapiens International Corporation, a leading global provider of software solutions for the insurance sector, and Absa Life, a foremost life insurance provider in South Africa, are teaming up.

UNest and Wysh to boost financial security for families

UNest, a family investment app, and Wysh Life and Health Insurance Company, an innovator in the provision of life insurance, have partnered.
harnessing-the-power-of-big-data-a-new-era-in-insurance-and-insurtech

Harnessing the power of big data: A new era for insurance and InsurTech

In the rapidly evolving world of insurance and InsurTech, the term "big data" is gaining significant traction. With implications for risk assessments, policy pricing and customer interactions, insurance industry professionals explore how it is driving innovation.
cloud-insurance-customer-experience

Revolutionising health insurance: embracing technology for superior customer experience

With the increasing digitalisation of the healthcare sector has escalating customers' demands for convenient access to their insurance details and policy management, integrating advanced technologies is more important than ever for health insurance providers. 
NZIA

Major insurers back out of NZIA amid US political pressure

A group of significant insurers have publicly declared their discontinuation of membership with the Net-Zero Insurance Alliance (NZIA).
atidot-launches-new-ai-platform-for-life-insurance-sector

Atidot unveils AI platform transforming life insurance analysis

Atidot, an innovative leader in the InsurTech sector, has released its new, advanced AI platform as a response to a growing need for more optimised, intelligent solutions within the life insurance sphere. 

News Stories

Corgi, an InsurTech focused on emerging technology risks, has launched a new AI Insurance Coverage product designed to protect businesses from financial and legal exposure linked to artificial intelligence systems, as adoption accelerates across industries.

Corgi unveils cover for AI failures and liabilities

Corgi, an InsurTech focused on emerging technology risks, has launched a new AI Insurance Coverage product designed to protect businesses from financial and legal...
Verisk Analytics, a provider of data and analytics for the insurance sector, has partnered with Anthropic to embed its analytics capabilities into Claude models via Model Context Protocol (MCP) connectors.

Verisk embeds analytics into Anthropic Claude models

Verisk Analytics, a provider of data and analytics for the insurance sector, has partnered with Anthropic to embed its analytics capabilities into Claude models...
Wopta Assicurazioni has raised €5m in fresh funding, pushing total capital secured since 2022 beyond €20m and valuing the Italian InsurTech at over €100m.

Wopta secures €5m to expand AI-led insurance model

Wopta Assicurazioni has raised €5m in fresh funding, pushing total capital secured since 2022 beyond €20m and valuing the Italian InsurTech at over €100m. The...
Booking a flight online takes minutes. Ordering a taxi takes seconds. Even applying for a loan can now be done in a handful of taps. Buying insurance, by contrast, often feels like stepping back a decade. The process slows, the questions multiply, and what should be simple quickly becomes something to work through rather than complete.

Why most insurance quotes are abandoned — and how insurers can fix it

Booking a flight online takes minutes. Ordering a taxi takes seconds. Even applying for a loan can now be done in a handful of...

Global InsurTech funding extends decline as investment falls 50% in April

Global InsurTech investment cooled further in April, with eight deals raising approximately $119m, marking another step down from March’s already subdued $237m. That represents a...
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