Sector Updates

Conduit Re, based in Bermuda, and hyperexponential, a leading pricing decision intelligence (PDI) firm, have embarked on a transformative partnership.

Transamerica has announced a strategic partnership with digital life insurance startup Bestow Inc., in a bid to enhance its financial protection offerings.

Akur8 and Wüstenrot Gruppe have announced a new collaboration aimed at enhancing Wüstenrot’s pricing capabilities in Austria.

European insurance giant Talanx has initiated a €300m capital raising effort aimed at expanding its free float.

In the evolving landscape of insurance, there is a stark need for adaptation. The rampant shift towards digitalisation has impacted the very core of how insurers operate, but the data-driven wave hasn't been smooth sailing. Underwriters and actuaries, key players in the industry, voice discontent with contemporary processes.

Mobile app development has evolved significantly since the advent of smartphones in the late 2000s. Initially, developers had two main approaches to consider: native and hybrid development. Native apps were built using the platforms' specific programming languages, while hybrid apps were web applications housed within a sandbox browser.

Authentic, a turnkey insurance platform that specialises in captive insurance, announced the close of a $5.5M seed round.

Founded in 2005, Ascent has a key mission: help insurers and reinsurers become more profitable by accelerating their ability to transact. We recently spoke to CCO George Earp and Principal Architect Konrad Pfeffer to find out more.

Leading cyber underwriter Corvus Insurance has revealed that it is expanding its existing relationship with Travelers, in a bid to bolster its existing suite of products.

Vivante Health, dubbed as the frontrunner in the world of digital digestive health, has successfully wrapped up a significant $31m Series B funding round.