Sector Updates

Modern-Life-joins-forces-Pacific-Life-tech-enables-life-insurance-brokerages-to-boost-sales

Modern Life and Pacific Life combine services to boost sales

Modern Life, a tech-enabled life insurance brokerage, has partnered with Pacific Life Insurance Company to boost life insurance sales.
InsurTech-DigitalOwl-joins-forces-with-RGA-for-streamlined-underwriting

InsurTech DigitalOwl and RGA to strengthen underwriting

DigitalOwl, an insurance technology company, has partnered with life and health reinsurer Reinsurance Group of America Incorporated (RGA) to strengthen and streamline the underwriting process.
Tokio-Marine-Kiln-specialist-intsurer-launches-product-to-support-life-sciences

Tokio Marine Kiln launches product to support life sciences

Tokio Marine Kiln (TMK), a specialist international insurer, has launched its first life sciences insurance product, IntelliMed, in a bid to address coverage gaps.
Kidbrooke-teams-up-with-HAYAH-for-financial-simulation-engine-tool

Kidbrooke partners with HAYAH Insurance to provide financial simulation engine

Kidbrooke, a financial analytics API developer, has partnered with HAYAH Insurance to provide the company with its financial simulation engine.
CoverEase-teams-up-with-ethos-for-digital-life-insurance-offering

CoverEase teams up with Ethos for digital life insurance offering

CoverEase, a digital insurance broker, has partnered with life insurer Ethos to bolster its digital life insurance offering.
Duck-Creek-Technologies-to-be-acquired-by-Vista-Equity-partners-intelligent-solutions-provider-P&C-insurer

P&C insurance solutions provider Duck Creek to be snapped up by Vista Equity Partners

Duck Creek Technologies, an intelligent solutions provider looking to define the future of property and casualty (P&C) insurance, is to be acquired by Vista Equity Partners.
Amynta-group-to-acquire-MGU-Ambridge-Group

Amynta Group to acquire MGU Ambridge Group

Amynta Group, a premier insurance services company, is to acquire Ambridge Group, a Managing General Underwriter (MGU), for $400m.
Superscript

UK InsurTech Superscript nets £45m Series B

Superscript, a digital-first insurance provider to small businesses and high-growth tech firms, has scored £45m in a Series B raise.
Tokio-marine-to-back-freight-insurtech-loadsure

Tokio Marine Kiln to support freight InsurTech Loadsure

InsurTech MGA Loadsure has received capacity baking from leading specialist international insurer Tokio Marine Kiln (“TMK) to further enhance its data driven freight protection offering.
BearingPoint-to-acquire-levo-consulting-to-boost-services

BearingPoint to acquire Levo Consultants to boost its services

BearingPoint, a European management and technology consulting firm, has acquired Levo Consultants, to boost banking, insurance and asset management capabilities.

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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