Sector Updates

continued-claim-pressures-for-P&C-re-insurers-as-inflation-persists-swiss-re-says

Continued claim pressures for P&C (re)insurers as inflation persists, Swiss Re says

Analysts at Swiss Re have predicted that although inflation is easing in 2023, many cost pressures will still underpin elevated claims.
German-fintech-moojo-launches-insurance-for-freelancers

German FinTech Moojo launches insurance for freelancers

Moojo, a FinTech startup which helps freelancers and creators streamline their invoicing processes, has launched a new product in partnership with Hiscox Germany.
canadian-insurance-company-td-insurance-launched-product-for-canadian-small-businesses

TD Insurance launches product for Canadian small businesses

Canadian insurance company TD Insurance has launched a direct insurance product offering tailored for small businesses in Canada.
bubble-insurance-partners-with-for-embedded-home-insurance

Bubble Insurance teams up with JPAR for embedded home insurance

Bubble Insurance Solutions, a digital insurance broker, has partnered with brokerage and franchise platform JPAR Real Estate to bring embedded home insurance to home buyers.
aviva-renews-partnership-with-majesco-to-bolster-underwriting-profitability

Aviva renews partnership with Majesco to bolster underwriting profitability

Aviva UK has renewed its partnership with Majesco, a provider of cloud insurance platform software for insurance business transformation, to improve underwriting profitability.
advantagego-and-vipr-solutions-alliance-to-support-underwriters

AdvantageGo and VIPR alliance to support underwriters

AdvantageGo, commercial insurance and reinsurance software provider and part of Coforge, has partnered with VIPR Solutions to bolster its underwriting capabilities.
Netradyne-teams-up-with-cover-whale-for-fleet-safety-AI-driven

AI-driven Netradyne teams up with Cover Whale for fleet safety

Netradyne, a SaaS provider of artificial intelligence (AI) and edge computing solutions focused on safety and driver coaching for commercial fleets, has partnered with Cover Whale Insurance Solutions.
Australian-life-insurer-TAL-sells-financial-advice-license

Australian life insurer sells financial advice license

TAL, a leading Australian life insurer, has entered an agreement to sell its financial advice licensee, Affinia Financial Advisers Limited (Affinia), to CountPlus Limited (CountPlus).
pathpoint-launches-streamlined-platform-to-save-agents-time

Pathpoint launches streamlined platform to save agents time

Pathpoint, a digital, modern wholesaler where insurance agents can get bindable small commercial E&S quotes in minutes, has launched PathPay, a new, streamlined platform.
iptiQ-partners-with-emil-frey-digital-insurer-swiss-company

Digital insurer iptiQ and Emily Frey Group enter Swiss alliance

iptiQ, Swiss Re's B2B2C digital insurer has partnered with fellow Swiss company Emil Frey Group.

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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