Sector Updates

WTW-launches-geopolitical-programme-to-tackle-emerging-risks

WTW launches geopolitical programme to tackle emerging risks

WTW, a global advisory, broking, and solutions company, has launched a geopolitical risk research programme to focus on what businesses can do to manage these threats.
Sapiens-partners-Toyota-insurance-to-modernise-insurance-offering

Toyota Insurance opts for Sapiens to modernise insurance offering

Sapiens International Corporation, a global provider of software solutions for the insurance industry, has partnered with Toyota Insurance Management Spain to modernise its business.
TransUnion-inflation-squeezing-insurance-market

Inflation squeezing the insurance market, TransUnion says

According to a report from TransUnion, inflation is squeezing the insurance market and impacting consumer insurance shopping. 
Amazon-rolls-out-online-insurance-store

Amazon rolls out online insurance store to streamline home insurance

US e-commerce giant Amazon is rolling out its online insurance store for UK customer shopping for home property coverage.
UK-based-motor-home-insurers-suffer-significant-losses-EY

Motor and home insurers to suffer biggest losses in a decade, EY reports

UK-based motor and home insurers will suffer significant losses in 2022 and 2023 due to inflationary pressure and low premium rates, according to a report from EY.
Marsh-acquires-moroccan-insurer-Beassur-Marsh

Marsh cements foothold in Morocco with Beassur Marsh acquisition

Marsh, a global insurance broker and risk advisor, has acquired the majority share in Moroccan insurance broker Beassur Marsh and named the company’s CEO.
Sapiens-deploys-HDI-Global-Specialty-P&C-platform-insurers-insurance-software

Sapiens deploys HDI Global Specialty’s P&C platform

Sapiens International Corporation, a global provider of software solutions for the insurance industry, has deployed its cloud-first P&C platform IDITSuite with HDI Global Specialty Se (HGS).
Marsh-insurers-UK-space-rocket-launch

Marsh insures UK space rocket launch

Marsh, a global insurance broker and risk advisor, has placed insurance for the first space rocket launch from UK soil.
Solera-launches-solutions-to-deliver-fast-auto-insurance-estimates-streamline-claims

Solera launches solution to deliver fast auto insurance estimates

Solera, vehicle lifecycle management company, has launched a full-service, virtual auto estimating solution to deliver fast and accurate auto insurance estimates.
Claims-Carbon-raises-funding-to-help-insurers-reach-net-zero-value-chain

Claims Carbon bags €1.1m to help insurers reach net zero value chains

Claims Carbon, a climate and InsurTech startup, has raised €1.1m in seed funding to help insurers reach net zero in their value chain.

News Stories

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...

ZestyAI’s ZORRO Discover powers NRDC climate research

ZestyAI, an artificial intelligence platform for property risk assessment, has announced that the Natural Resources Defense Council (NRDC), a prominent US environmental advocacy organisation,...
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