Sector Updates

Carbon Underwriting Limited, a specialist and independent managing general underwriter, announces the launch of its second syndicate, Syndicate 5757, following approval from Lloyd’s.

Carbon Underwriting launches innovative Syndicate 5757 with Lloyd’s approval

Carbon Underwriting Limited, a specialist and independent managing general underwriter, announces the launch of its second syndicate, Syndicate 5757, following approval from Lloyd’s.
The Microinsurance Network (MiN), a non-profit association, has announced the appointment of Matthew Genazzini as its new executive director, effective 1 October 2024.

Microinsurance Network appoints Matthew Genazzini as new executive director

The Microinsurance Network (MiN), a non-profit association, has announced the appointment of Matthew Genazzini as its new executive director, effective 1 October 2024.
Akur8 and Mutual Capital Analytics partner to revolutionize insurance pricing with AI

Akur8 and Mutual Capital Analytics partner to revolutionize insurance pricing with AI

Akur8 and Mutual Capital Analytics have announced a strategic partnership aimed at transforming insurance pricing through advanced, AI-driven technologies. Akur8 is renowned for its innovative...
London-based InsurTech, Wrisk, has announced a 219% year-on-year revenue growth in H1 2024.

London-based InsurTech Wrisk sees remarkable 219% YoY revenue growth in H1

London-based InsurTech, Wrisk, has announced a 219% year-on-year revenue growth in H1 2024.
Floodbase, a leading provider of flood analytics and data solutions, has announced the launch of its rapid flood response data product.

Floodbase launches rapid flood response data product for real-time disaster management

Floodbase, a leading provider of flood analytics and data solutions, has announced the launch of its rapid flood response data product.
Plum, one of India’s leading InsurTech platforms, has launched Plum Perks, a comprehensively curated suite for healthcare and wellness benefits for employees.

Plum launches suite to provide comprehensive healthcare benefits for employees

Plum, one of India’s leading InsurTech platforms, has launched Plum Perks, a comprehensively curated suite for healthcare and wellness benefits for employees.
One Inc, the leading digital payments network for the insurance industry, has announced that Selective Insurance, a prominent business, home, and auto insurer, has selected its ClaimsPay® digital payment solution.

Selective Insurance and One Inc partner to revolutionise claims payment process

One Inc, the leading digital payments network for the insurance industry, has announced that Selective Insurance, a prominent business, home, and auto insurer, has selected its ClaimsPay® digital payment solution.
Cytora, the leading digital risk processing platform, has partnered with Gamma Risk to help insurers map out commercial property risk assessment.

Cytora and Gamma Risk partner to enhance commercial property risk evaluation for insurers

Cytora, the leading digital risk processing platform, has partnered with Gamma Risk to help insurers map out commercial property risk assessment.
The impact of loss run data on insurance operations and negotiations

The impact of loss run data on insurance operations and negotiations

In the realm of InsurTech, the ability to accurately assess risk, calculate premiums, and determine policy renewals hinges significantly on understanding historical losses.
AEGIS London, the London-based Lloyd’s syndicate, has announced the formation of a new data science and analytics team to enhance its underwriting capabilities and data-driven initiatives.

AEGIS London forms new science and analytics team to enhance underwriting capabilities

AEGIS London, the London-based Lloyd’s syndicate, has announced the formation of a new data science and analytics team to enhance its underwriting capabilities and data-driven initiatives.

News Stories

Migrating from on-premises to cloud infrastructure is a major leap for any organisation. This was the case for a Fortune 500 insurer seeking to modernise its operations. Their existing system, which relied on outdated methods and manual processes, was no longer fit to handle the enormous amounts of data generated daily. This transformation involved building a robust, automated platform, transitioning to the cloud, and optimising for efficiency and scalability. Customer software development company Symfa explains how it supported the firm on this journey.

How Symfa helped a Fortune 500 insurer modernise its cloud infrastructure – part one

Migrating from on-premises to cloud infrastructure is a major leap for any organisation. This was the case for a Fortune 500 insurer seeking to modernise its operations. Their existing system, which relied on outdated methods and manual processes, was no longer fit to handle the enormous amounts of data generated daily. This transformation involved building a robust, automated platform, transitioning to the cloud, and optimising for efficiency and scalability. Customer software development company Symfa explains how it supported the firm on this journey.
ZestyAI has partnered with Standard Casualty Company to enhance risk assessment and policyholder collaboration for manufactured home insurance using advanced AI-driven property and climate risk analytics.

ZestyAI and Standard Casualty join forces to innovate property insurance for mobile homes

ZestyAI has partnered with Standard Casualty Company to enhance risk assessment and policyholder collaboration for manufactured home insurance using advanced AI-driven property and climate risk analytics.
HDI Global, a leading provider of industrial insurance, has announced plans to expand its environmental liability insurance offerings to international markets.

HDI Global expands ESG insurance offering with international environmental liability coverage

HDI Global, a leading provider of industrial insurance, has announced plans to expand its environmental liability insurance offerings to international markets. The expansion follows the...
Mulberri, a digital insurance platform focused on innovating business insurance, has joined forces with Qualys in a bid to deliver enhanced cyber insurance offerings.

Qualys partners with Mulberri to transform cyber insurance underwriting

Mulberri, a digital insurance platform focused on innovating business insurance, has joined forces with Qualys in a bid to deliver enhanced cyber insurance offerings.
Duck Creek Technologies, a global provider of intelligent solutions for property and casualty (P&C) and general insurance, has announced the opening of a second Centre of Excellence (CoE) in Warsaw, Poland.

Duck Creek Technologies expands with new centre of excellence in Poland

Duck Creek Technologies, a global provider of intelligent solutions for property and casualty (P&C) and general insurance, has announced the opening of a second Centre of Excellence (CoE) in Warsaw, Poland.

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