Sector Updates

Neptune’s re-insurer growth provides $100m additional premium capacity

Neptune Flood has announced significant growth in insurance carrier and reinsurer relationships, which is set to provide over $100 million in additional premium capacity.
Deep learning vs machine learning: What's the real difference?

Deep learning vs machine learning: What’s the real difference?

AI's evolution has brought to the forefront two key terms: Deep Learning and Machine Learning. Are they the same, or do they represent distinct facets of AI? Ushur, a customer experience automation company, has explored the difference between the two. 
Fortitude

Fortitude Re welcomes Ming Zhang and Andrew Sooboodoo in pivotal roles

Fortitude Re has named Ming Zhang as their new Chief Risk Officer and Andrew Sooboodoo as its new Chief Regulatory Officer.
Agora

Stop loss insurance gets a boost with QBE North America’s Agora program

QBE North America, an influential player in the insurance sector, has unveiled its latest offering: Agora.
The transformation of pricing and underwriting in insurance

The transformation of pricing and underwriting in insurance

Successful pricing and underwriting transformation mandates not just a vivid vision but the sustained momentum to actualise it. This transformation isn't a one-size-fits-all approach; it varies for each business. Yet, the goal remains consistent: refining the process of assessing and insuring risk.
NOW

NOW Insurance garners fresh funding from Arch Capital Group

NOW Insurance, an AI-integrated commercial insurance platform focusing on medical professional liability coverage, has secured funding.
Chubb

Janice Mo takes the helm at Chubb’s general insurance in Korea

Chubb has announced the appointment of Janice Mo as the Country President overseeing general insurance in Korea.
Marsh

Marsh deepens expertise with acquisition of Honan Insurance Group

Marsh is set to acquire Honan Insurance Group, a specialist insurance broker that excels in corporate risk and real estate insurance.

Square Insurance joins Recur Club’s portfolio with $1m funding boost

India-based Square Insurance Brokers Private Limited, a Rajasthan-based firm authorised by IRDA under the Insurance Brokers Regulations of 2002, has just added another feather to its cap.

Fize Technology joins HawkSoft’s API partner programme

HawkSoft has announced Fize Technology as its newest API Partner integrated with its insurance platform.

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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