Sector Updates

Go to any FinTech event and it is instantly clear that customer engagement is a major priority for most companies. Given its significance, are insurance firms doing enough or should they be doing more?

For over ten years, Shelter Insurance® has utilised RCT's groundbreaking software. This partnership traces back to 2007, when Shelter sought RCT's expertise to tackle efficiency and consistency hurdles tied to their vast field surveys.

The International Association of Insurance Supervisors (IAIS) has emphasised the importance of continuing a climate-centric approach.

Cytora, a digital risk platform, is scaling new heights by inducting several figures from the insurance sector onto its global advisory board.

The aviation sector, with its rich tapestry of innovations and challenges, has always mirrored the intricacies of our rapidly evolving world. From major incidents like 9/11 and the subsequent geopolitical challenges, to facing global health crises such as the COVID-19 pandemic and the growing demands of climate action, aviation has consistently proven its resilience.

Irys InsurTech Inc. has landed $3.5m in its seed funding round, and is now aiming to take on the legacy competitors across the InsurTech space.

Pen Underwriting has signed a capacity agreement that will allow it to write £100m worth of solicitors’ professional indemnity (PI) business over the next three years.

Transitioning from a transaction-based model to a service-enabled platform economy is at the heart of the digital life and health insurance landscape.

In a 2019 conference panel discussion, the CEO of distriBind made an insightful statement about data management in insurance: "In a bordereaux world, you have to touch 100% of the data." This motto continues to drive the company's mission of removing friction and manual labour in delegated authority within the insurance sector.

Wright National Flood Insurance Services has revealed a new residential private flood insurance option, as an extension of its ResiFlood Programme.