Sector Updates

Chubb-names-obrien-as-vp-and-chief-risk-officer

Chubb names O’Brien as VP and chief risk officer

Chubb, a publicly traded property and casualty insurance company, has appointed Frances O'Brien as executive vice president and chief risk officer.
Green-shield-opts-for-INSTANDA-to-bolster-insurance-offering

Green Shield opts for INSTANDA to bolster insurance offering

Chicago-based Green Shield Risk Solutions has partnered with INSTANDA to enhance Green Shield’s product and service offerings.
Zurich-insurance-cost-of-living-pressures-driving-up-insurance-fraud

Cost-of-living pressure driving up fraudulent claims, Zurich says

Zurich Insurance Group (Zurich) has reported a 31% increase in fraudulent property insurance claims in 2022 and a 7% rise in fake casualty claims.
insurity-attestiv-team-up-to-support-P&C-carriers

Insurity teams up with Attestiv to support P&C carriers

Insurity, a provider of cloud-based software for insurance carriers, brokers, and MGAs, has partnered with Attestiv to accelerate automation initiatives, increase fraud protections, and reduce expenses for P&C carriers.
Corvus-insurance-names-new-president-cyber-underwriter

Cyber underwriter Corvus welcomes new president

Corvus Insurance, a cyber underwriter powered by proprietary AI-driven cyber risk platform, has named Prashanth Gangu as president of the company.
Shift-Technology-renews-partnership-with-direct-assurance-french-insurer

Shift Technology renews partnership with French insurer Direct Assurance

Shift Technology, a provider of artificial intelligence-based decision automation and optimization solutions for the insurance industry, has renewed its collaboration with French insurer Direct Assurance.
Texas-farm-bureau-and-arity-launches-insurance-to-reward-safe-drivers

Texas Farm Bureau Insurance and Arity to launch insurance that rewards safe drivers

Texas Farm Bureau Insurance has partnered with mobile data and analytics company Arity to launch an insurance programme that rewards safe drivers.
Duck-creek-technologies-completes-acquisition-vista-equity-partners-for-$2.6bn

Duck Creek acquires Vista Equity Partners for $2.6bn

Duck Creek Technologies, an intelligent solutions provider looking to define the future of property and casualty (P&C) insurance, has completed its acquisition of global investment firm Vista Equity Partners.
insurtech-tractable-renews-partnership-with-covea-to-boost-policyholder-claims-auto-insurance

InsurTech Tractable renews partnership with Covéa to boost policyholder claims

Tractable, which offers an AI-powered tool to improve auto claims, has renewed its partnership with French car insurer Covéa to accelerate policyholder claims.
enigma-and-noble-team-up-to-bolster-business-underwriting

Enigma and Noble team up to bolster business underwriting

Enigma, a data science company, has partnered with Noble, a FinTech infrastructure company that powers verification, credit underwriting, and decisioning for companies embedding financial services.

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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