Sector Updates

AXA XL, a division of AXA, with a prominent presence in the UK, has launched a new product - the Excess Emissions Insurance.

Evertas, a digital asset insurance provider, has announced the acquisition of Bitsure, a pioneering insurer for crypto mining operations.

Home Instead Ireland, a dedicated provider of person-centred care, is on a pivotal mission to improve the lives of older adults and their families. In 2020, they took a strategic decision to incorporate the ViClarity Quality Management system into their operations. The primary aim was to enhance manual processes related to quality and compliance on both local and national scales.

Tractable, an established leader in the application of artificial intelligence (AI) to assess the condition of cars and properties, has just announced its latest fundraising success.

Madison Mutual Insurance Company (MMIC), a prominent Midwest insurer, and Akur8, a groundbreaking solution provider for non-life insurance pricing, have announced their partnership. The collaboration...

CLARA Analytics has recently joined forces with OPEX Consultants, a renowned Australian insurance consulting firm.

Understanding and effectively applying pricing decision intelligence is pivotal in improving profitability for insurers. Despite its significance, the industry grapples with successfully transforming their...

In the late 17th century, Edward Lloyd set up his famous coffee house in London's Tower Street, laying the groundwork for modern insurance. Fast forward almost 350 years and insurance, now a $6tn industry, has evolved drastically. However, specialty insurers today grapple with unprecedented challenges. This article will delve into these emerging issues and technological advancements driving industry transformation.

Augment, a newly launched reinsurance broker, has recently made waves with an inaugural investment of $100m.

Despite threats posed by the emergence of new technologies such as AI, global business leaders' focus on cyber risk seems to be waning.