Sector Updates

5 key growth strategies for insurance firms in 2022

There are many ways to grow a business, but Cloud Insurance has outlined the five strategies insurance firms can leverage to make the most out of 2022.

Carvana acquires Adesa in $2.2bn deal

Carvana, an online used car marketplace, is to acquire physical auction business Adesa from KAR Global for $2.2bn in cash, a report by Coverager has revealed.

OCTO and Ford team up for auto insurance

OCTO Telematics has partnered with Ford Motor Company to extend its data streaming partnership into Europe to bolster its insurance offering.

Socotra selected as core platform for UBI programme

European insurer Aioi Nissay Dowa is launching MOTER as an InsurTech MGA in the US and partnering with Socotra to develop its telematics-driven, usage-based insurance product.

Polly launches integrated auto insurance product

Polly, a digital insurance marketplace for automotive retail, has launched a personalised insurance enrolment fully integrated within the consumer’s car shopping experience.

Everspan branches out for home and auto insurance in the US

Everspan Insurance Company has partnered with Branch Financial, which uses data, technology, and automation to make home and auto insurance simpler and less expensive, to expand Branch’s footprint in the US.

MetLife joins forces with Aura for digital security solutions

Global Insurer MetLife has partnered with Aura to be its exclusive distributor of Ausa’s digital security solutions in the employer channel.

Liberty Specialty Markets takes on flood exposure with Previsico

UK insurer Liberty Specialty Markets (LSM), part of Liberty Mutual Insurance Group, has launched personalised flood warnings for commercial clients in collaboration with InsurTech Previsico.

BizDynamics partners with Boost for white label insurance

BizDynamics a cloud business unit of ValueMomentum, is partnering with Boost, an insurance infrastructure-as-a-service platform that enables businesses to offer white-labelled, embedded insurance.

FOXO to go public for modern life insurance

FOXO Technologies, a technology company applying epigenetic science and AI to modernise the life insurance industry, has entered into a definitive merger agreement with special purpose acquisition company Delwinds Insurance Acquisition Corp.
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Latest Analysis

News Stories

Leak detection technology has long been a staple across commercial buildings, data centres and critical infrastructure, helping organisations identify water ingress before it causes costly disruption. Traditional systems, particularly those using leak detection cables, have offered a relatively simple monitoring solution. However, these systems typically rely on fixed alert thresholds, which often fail to reflect the variability of real-world environments. As a result, while detection capabilities exist, their reliability has frequently been called into question.

Why traditional leak detection systems falter in real environments

Leak detection technology has long been a staple across commercial buildings, data centres and critical infrastructure, helping organisations identify water ingress before it causes...
The first wave of the InsurTech revolution has delivered significant innovation, but it has also left critical structural gaps unresolved. Over the past decade, the sector has made notable progress in areas such as digital distribution, API connectivity, embedded insurance, and the modernisation of agency management systems. However, beneath these advancements lies a growing concern, according to Producerflow.

InsurTech’s data gap threatens AI ambitions

The first wave of the InsurTech revolution has delivered significant innovation, but it has also left critical structural gaps unresolved. Over the past decade,...
Liberty Mutual has partnered with life insurance technology company Ethos to expand its direct-to-consumer life insurance offering in the US.

Ethos and Liberty Mutual team up to deliver fully digital life insurance

Liberty Mutual has partnered with life insurance technology company Ethos to expand its direct-to-consumer life insurance offering in the US. The collaboration will see Liberty...
Volkswagen Financial Services UK, the financial arm of the group, has appointed InsurTech firm Wrisk Transfer Limited as its preferred insurance provider for Volkswagen Commercial Vehicles.

VWFS UK selects Wrisk as preferred insurance partner for commercial vehicles

Volkswagen Financial Services UK, the financial arm of the group, has appointed InsurTech firm Wrisk Transfer Limited as its preferred insurance provider for Volkswagen...
Transamerica, a life insurer, has partnered with global reinsurer Swiss Re to modernise its claims experience.

Transamerica and Swiss Re collaborate on digital claims transformation

Transamerica, a life insurer, has partnered with global reinsurer Swiss Re to modernise its claims experience. The initiative will see Transamerica adopt Swiss Re’s PromiseXP...
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