Sector Updates

insurtech-policystreet-sets-out-to-shake-up-australian-insurance-australia

InsurTech PolicyStreet sets out to shake up Australian insurance

PolicyStreet, an emerging InsurTech company, has been granted the Australian Financial Services License by the Australian Securities and Investments Commission (ASIC).
ransamerica-launches-suite-of-customisable-services

Transamerica launches suite of customisable insurance services

Transamerica, a provider of life insurance, retirement and investment solutions in the US, has launched a suite of customisable services that makes it easier for employees to access their workplace supplemental insurance benefits.
insurify-to-acquire-online-comparison-platform-compare.com-insurance

Digital insurance platform Insurify to acquire Compare.com

Insurify, a virtual insurance agent offering services to compare, buy and manage insurance, is to acquire Compare.com Insurance Agency.
Synatic-teams-up-with-Ferro-to-drive-digital-first-insurance-experience

Synatic teams up with Ferro to drive digital-first insurance

Synatic, a data integration and automation leader, has partnered with commercial property & casualty (P&C) policyholder platform Ferro to drive a digital-first insurance experience.
AI-driven-insurtech-click-ins-raises-$7.5m-funding-automated-technology

AI-driven InsurTech Click-Ins bags $7.5m

Click-Ins, an InsurTech using AI-driven automated technology, has raised $7.5m in funding on its mission to transform the automotive insurance sector.
Understanding the pros and cons of open-source software and proprietary SDKs

Understanding the pros and cons of open-source software and proprietary SDKs

Understanding the nuances between open-source software and proprietary Software Development Kits (SDKs) is crucial in today's technologically driven business landscape.
The-value-of-automation-for-auto-and-property-claims-insurtech

The value of automation for auto and property claims

In the property & casualty (P&C) market, the insurance claims experience is a sink or swim moment for the insurer. Ushur explains the value automation can bring in ensuring success.
Medical-risk-managers-selects-Gradient-AI-to-offer-stop-loss-insurance

Medical Risk Managers select Gradient AI to offer stop loss insurance

Medical Risk Managers (MRM), a full service Managing General Underwriter (MGU), has selected Gradient AI’s SAIL solution to stop loss insurance to small, self-funded groups.
Fortegra-to-provide-underwriting-capacity-to-Adlaur

Fortegra to provide underwriting capacity to Adlaur

The Fortegra Group, a global specialty insurer, has partnered with newly created entity Adlaur to provide underwriting capacity.
InsurTech-Sure-and-FinTech-Esusu-team-up-to-offer-renters-insurance

InsurTech Sure and FinTech Esusu team up for renters insurance

Sure, an InsurTech that aims to unlock the potential of digital insurance, has partnered with FinTech Esusu, to offer renters insurance.

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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