Sector Updates

Swiss Re unveils catastrophe bond-focussed unit

Swiss Re has launched an insurance-linked investor advisory business with a specific focus on catastrophe bonds.

Qotech scores £1m to transform underwriting

Quotech, the underwriter-led InsurTech that creates practical systems for specialty insurers, brokers, and MGAs, has raised £1m in a funding round.

LIGA adopts Verisk solution to streamline claims

The Louisiana Insurance Guaranty Association (LIGA), has implemented Verisk’s property estimating technology to streamline its claims handling process.

Insurance industry suffering from poor claims experience, Accenture reveals

Up to $170bn of insurance premiums could be at risk in the next five years due to poor claims experiences, research from Accenture has revealed.

Zesty.ai and Berkshire Hathaway expand partnership for wildfire risk

Zesty.ai, a provider of property analytics powered by Artificial Intelligence (AI), and The Berkshire Hathaway Homestate Companies (BHHC) have expanded their partnership.

GEICO shuts California offices and lays off employees

US auto insurer GEICO has reportedly closed all 38 of its California agents’ offices and laid off hundreds of its employees.

Semsee launches tool to solve a critical issue for insurance agents

Semsee, a commercial insurance platform, has launched a resource to enable agents and small business owners to obtain real-time market appetite from insurance carriers, MGAs and MGUs.

Swiss Re to drive InsurTech innovation with T-Hub

Provider of reinsurance and insurance Swiss Re has partnered with T-Hub, an innovation hub and “ecosystem enabler” based in India, to drive innovation in the InsurTech space.

Five Sigma teams up with One Inc to bolster offering

Five Sigma, an emerging leader in cloud-native insurance Claims Management Solutions (CMS), has partnered with digital insurance payment solution provider One Inc, to offer its US customers more convenient and diversified claims payment options.

Hub joins forces with RESAAS to simplify home insurance

Hub International Limited (HUB), a global insurance brokerage and financial services firm, has partnered with RESAAS Services, a technology platform for the real estate industry to simplify the home insurance process.

News Stories

Retailers have spent the last few years racing to embed wellness into their loyalty apps. The logic is sound, with consumers more health-conscious than ever, and digital touchpoints offering a direct route to influence behaviour. Yet despite heavy investment, most of these features are underused, quickly forgotten, or never meaningfully adopted.

Why retail loyalty apps fail to engage – and how dacadoo is changing the...

Retailers have spent the last few years racing to embed wellness into their loyalty apps. The logic is sound, with consumers more health-conscious than...
Chubb, a multinational insurer operating across property, casualty and life segments, has partnered with Insify, a financial security platform for freelancers and SMEs, to launch a fully digital disability insurance product for self-employed professionals in the Netherlands.

Insify and Chubb unveil digital disability insurance

Chubb, a multinational insurer operating across property, casualty and life segments, has partnered with Insify, a financial security platform for freelancers and SMEs, to...
mea Platform, an AI-driven (re)insurance technology provider, has been selected by BMS Group, an independent (re)insurance broker with a strong international presence, to deploy its Broking Operations products and enhance placement efficiency through digital transformation.

mea Platform powers BMS AI-driven broking workflows

mea Platform, an AI-driven (re)insurance technology provider, has been selected by BMS Group, an independent (re)insurance broker with a strong international presence, to deploy...
BYD, a global leader in new energy vehicles, has partnered with bolttech, an InsurTech specialising in embedded insurance, to deliver integrated motor insurance solutions for electric vehicle customers across Europe, starting with the UK and expanding into Italy, France, Germany and Spain.

BYD selects bolttech for embedded EV insurance rollout

BYD, a global leader in new energy vehicles, has partnered with bolttech, an InsurTech specialising in embedded insurance, to deliver integrated motor insurance solutions...
ViteSicure, an InsurTech specialising in life and personal protection, has raised €2.5m in the first tranche of its Series A funding round, with backing from new investors including Ad4Ventures and Net Insurance, to accelerate its growth strategy and scale operations.

ViteSicure advances growth with €2.5m raise

ViteSicure, an InsurTech specialising in life and personal protection, has raised €2.5m in the first tranche of its Series A funding round, with backing...
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