Sector Updates

insurance-technology-developer-hawksoft-welcomes-valchoice-as-api-partner

Insurance technology developer Hawksoft welcomes ValChoice

HawkSoft, an insurance technology developer based in Oregon, has welcomed ValChoice as a new API Partner.
risk-management-platform-yelllowbird-bags-$6.25m

Risk management platform YellowBird bags $6.25m

YellowBird, an EHS and risk management technology platform, has raised $6.25m in an oversubscribed seed round.
pathpoint-partners-with-vave-to-expand-commercial-property-offering

Pathpoint partners with Vave to expand commercial property offering

Pathpoint, a digital, modern wholesaler, has partnered with Vave to expand to commercial property offering.
GenAI-meets-insurtech-a-game-changing-duo

GenAI meets InsurTech: a game-changing duo?

ChatGPT has captured the imagination of the public, bringing conversations about Generative AI (GenAI) to the fore – but how will it impact the insurance industry?
allianz-trade-expands-footprint

Allianz Trade expands footprint

Allianz Trade, a leading trade credit insurer, is expanding it Excess of Loss (XoL) footprint in Germany, Singapore, Spain and Brazil.
software-developer-for-insurance-industry-welcomes-data-partners

Software developer for the insurance industry Guidewire welcomes new data partners

AI-powered software developer Guidewire has revealed that Google Cloud, Celonis, Hubio and Amazon Web Services (AWS) have joined its PartnerConnect Solution Alliance Program as new data partners.
archetype-backs-insurtech-policybound

Archetype backs InsurTech PolicyBound

Archetype, a growth equity investment and consulting firm, has invested in commercial insurance technology firm PolicyBound.
Everest-re-names-new-executive-VP

Everest Re names new executive VP

Everest Re Group, a global underwriting leader providing best-in-class property, casualty, and specialty reinsurance and insurance solutions, has named Mike Mulray as executive vice president and president of North America Insurance, effective immediately.
rates-for-aviation-reinsurance-continue-to-rise-gallagher-re-reports

Rates for aviation reinsurance continue to rise, Gallagher Re reports

Following the Covid-19 pandemic, geopolitical shocks and macroeconomic challenges, rates for aviation reinsurance are continuing to increase, a report from Gallagher Re has revealed.
insurers-are-shifting-focus-to-operational-resilience-autorek-says

Insurers are shifting focus to operational resilience, AutoRek says

Strategic priorities in the global insurance sector are shifting as firms increase their focus on operational resilience, according to new research from AutoRek.

News Stories

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...
InsureMO, an API, data and AI-driven insurance platform, has added Upsure, a provider of core insurance software, to its partner ecosystem to deliver a unified core insurance suite and accelerate digital transformation for insurers across emerging markets.

InsureMO adds Upsure to expand core insurance platform

InsureMO, an API, data and AI-driven insurance platform, has added Upsure, a provider of core insurance software, to its partner ecosystem to deliver a...
Insly, an enterprise-grade insurance software provider, has launched a new AI-enabled claims portal designed to help insurers and managing general agents (MGAs) deliver a self-service, digital-first claims experience for policyholders.

Insly debuts digital claims platform for MGAs

Insly, an enterprise-grade insurance software provider, has launched a new AI-enabled claims portal designed to help insurers and managing general agents (MGAs) deliver a...
The global insurance industry is moving quickly into an AI-driven future. Pricing, underwriting, and customer engagement are being reshaped at pace, with many insurers shifting from experimentation to real-world deployment. But beneath this global momentum, the UK market tells a more measured story.

How the rise of AI’s impacting UK insurance pricing

The global insurance industry is moving quickly into an AI-driven future. Pricing, underwriting, and customer engagement are being reshaped at pace, with many insurers...
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