Sector Updates

Gradient-AI-selects-Bardon-insurance-grou-evaluate-risk-medical-loss-group-health-insurance

Bardon Insurance selects Gradient AI to better evaluate risk of medical loss for group...

Gradient AI, an enterprise software provider of artificial intelligence (AI) solutions in the insurance industry, has been deployed by Bardon Insurance Group to better evaluation the risk of medical loss for group health insurance.
Smart-Communications-engaging-in-smart-customer-conversations-insurtechvideo

How Smart Communications helps insurers engage in smarter customer conversations

FinTech Global recently conducted an interview with Smart Communications, a technology company focussed on helping businesses engage in more meaningful customer conversations, in the wake of the company’s recognition in the InsurTech100 list.
Axa

Central Bank of Ireland fines Axa €3.6m

The Central Bank of Ireland (CBI) has fined the European life and pensions unit of Axa €3.6m for several regulatory breaches.
United-heartland-third-coast-underwriters-workers-compensation-middle-market-businesses

Workers’ compensation brands United Heartland and Third Coast Underwriters team up

United Heartland and Third Coast Underwriters, two workers' compensation brands, have entered into a strategic alignment to leverage the expertise of both divisions to benefit middle-market businesses.
InsurTech-bolttech-selects-sapiens-software-solutions-p&C-platform

InsurTech bolttech selects Sapiens’ P&C core platform

Singapore-based InsurTech bolttech has selected Sapiens, a global provider of software solutions for the insurance industry, for its P&C core platform.
HSB-munich-re-team-up-schneider-insurance-specialty-insurance-risk-innovation

HSB and Munich Re team up with Schneider Electric for risk innovation

HSB, a provider of specialty insurance and technology services, and Munich Re, have teamed up with Schneider Electric to enable risk innovation.
Mosaic-insurance-partners-safe-security-underwirters-evaluation-cyber-risk-for-brokers-and-insureds

Mosaic Insurance and Safe Security to help underwriters better evaluate cyber risk

Mosaic Insurance has launched a platform powered by California-based Safe Security, in a bid to help underwriters evaluate cyber risk for brokers and insureds.
Butter-insurance-raises-£1.3m-subscription-style-insurance-insurtech

Butter Insurance lands $1.3m for its subscription-style insurance model

Butter Insurance, a Sydney-based InsurTech startup which offers subscription-style insurance policies, has raised $1.3m in pre-seed funding.
Duck-Creek-partners-copart-better-claims-customer-experience

Copart and Duck Creek team up for better claims

Duck Creek Technologies, an intelligent solutions provider to the property & casualty (P&C) insurance market, has welcomed Copart as a partner, to deliver a better claims customer experience.
WeSureGlobal-AmTrust-funding-digital-insurance

AmTrust backs Israeli insurance company WeSure

Israeli digital insurance company WeSure Global Tech has received NIS 35 million from US insurance company AmTrust 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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