Sector Updates

Berkshire Hathaway Specialty Insurance (BHSI), a leading global insurance provider, has announced its expansion into the Nordic nations with the opening of a new office in Stockholm.

Berkshire Hathaway Specialty Insurance expands to Nordics

Berkshire Hathaway Specialty Insurance (BHSI), a leading global insurance provider, has announced its expansion into the Nordic nations with the opening of a new office in Stockholm.
CGI, one of the world’s largest business and IT consulting services firms, has announced a partnership with Risk Management Partners, a unit of Munich Re, the world’s leading reinsurer.

CGI partners with Munich Re to enhance climate risk mitigation for insurers

CGI, one of the world’s largest business and IT consulting services firms, has announced a partnership with Risk Management Partners, a unit of Munich Re, the world’s leading reinsurer.
Oriental Insurance, a subsidiary of OFG Bancorp, has announced the launch of a new personal accident insurance product in collaboration with Chubb Insurance Co. of Puerto Rico.

Oriental Insurance partners with Chubb to launch new personal accident coverage

Oriental Insurance, a subsidiary of OFG Bancorp, has announced the launch of a new personal accident insurance product in collaboration with Chubb Insurance Co. of Puerto Rico.
Qover, a leading InsurTech driven by a vision of creating a global safety net through insurance, has announced the launch of its innovative motor insurance solution in Ireland.

Qover launches innovative motor insurance solution in Ireland

Qover, a leading InsurTech driven by a vision of creating a global safety net through insurance, has announced the launch of its innovative motor insurance solution in Ireland.
Often seen as an industry lambasted for a lack of change, the insurance sector has opened its eyes to a swathe of potential innovative technologies that could revolutionise the sector throughout 2024. At the height of this movement, the principle of automated underwriting emerged as the industry’s great fascination, with its potential to truly become the sector’s silver bullet.

Is automated underwriting InsurTech’s silver bullet?

Often seen as an industry lambasted for a lack of change, the insurance sector has opened its eyes to a swathe of potential innovative technologies that could revolutionise the sector throughout 2024. At the height of this movement, the principle of automated underwriting emerged as the industry’s great fascination, with its potential to truly become the sector’s silver bullet.
Everest, a global leader in insurance and reinsurance, has announced the appointments of two key leaders in its international insurance operations, as it looks to expand its European footprint.

Everest bolsters leadership team to expand European footprint

Everest, a global leader in insurance and reinsurance, has announced the appointments of two key leaders in its international insurance operations, as it looks to expand its European footprint.
Insurtech UK has published its Roadmap of recommendations for policy-makers to retain and strengthen the UK’s leading global status in insurance innovation.

Insurtech UK unveils Roadmap to strengthen the nation’s global insurance status

Insurtech UK has published its Roadmap of recommendations for policy-makers to retain and strengthen the UK’s leading global status in insurance innovation.
SiriusPoint Ltd., a global specialty insurer and reinsurer, and Tara Hill Insurance Services, have formed a strategic Excess & Surplus lines (E&S) partnership.

SiriusPoint and Tara Hill Insurance Services partner to target E&S market

SiriusPoint Ltd., a global specialty insurer and reinsurer, and Tara Hill Insurance Services, have formed a strategic Excess & Surplus lines (E&S) partnership.
blip, an innovative InsurTech startup, is set to make waves in the sector by providing small business insurance policies that are on average 1/3 cheaper than the lowest offers on price comparison websites.

InsurTech startup blip slashes small business insurance costs with triple-lock guarantee

blip, an innovative InsurTech startup, is set to make waves in the sector by providing small business insurance policies that are on average 1/3 cheaper than the lowest offers on price comparison websites.
Fleming Insurance Holdings, a prominent player in the insurance industry, has announced the appointment of Michael Garceau as the company's new chief financial officer (CFO) and chief operating officer (COO).

Fleming Insurance Holdings enhances leadership team with key hire

Fleming Insurance Holdings, a prominent player in the insurance industry, has announced the appointment of Michael Garceau as the company's new chief financial officer (CFO) and chief operating officer (COO).

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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