Sector Updates

Duck Creek partners with Precisely for smarter underwriting

Duck Creek Technologies has expanded its partnership with big data software company Precisely to bolster smarter underwriting capabilities.

Marshmallow unveils Marshmallow Assist for roadside cover

InsurTech firm Marshmallow has launched Marshmallow Assist, an AA-backed program to provide roadside cover for its customers.

Digital underwriting: the race is now on

Insurance underwriting processes are undergoing a period of transformation. With the explosion of data and growing important of customer experience, insurers must act now.

USAA launches life insurance product for younger customers

USAA Life Insurance Company has launched a digital life insurance product that requires no medical exam to 47 states in the US.

Tractable joins forces with Mapfre for auto claims

InsurTech company Tractable has partnered with multinational insurance group Mapfre to apply AI solutions to auto claims.

Swiss Re in TMS take-over for A&H market

Zurich-based reinsurance company Swiss Re has acquired TMS Re, an ESL managing general underwriter, a report from Reinsurance News has revealed.

AI software developer CLARA Analytics launches Treatment Summary tool

CLARA Analytics, which builds AI technology for commercial insurance, has released its Treatment Summary solution to automate workflows for nurse case managers (NCMs) and adjusters.

ALD to snap up rival LeasePlan to transform automotive industry

Societe Generale's car leasing division ALD has signed a memorandum of understanding (MoU) which would see the company acquire 100% of its competitor LeasePlan for $5.5bn in cash and shares.

Nubank bolsters its Latin American offering with insurance product

Brazil-headquartered challenger bank Nubank has launched an insurance product, following going public last month, a report by Coverager has revealed.

Socotra and Avolanta to deliver full tech stack for insurers

Socotra, a cloud-native core platform for insurers, is partnering with Avolanta to help insurers launch innovative products and seamless digital experiences for brokers, agents, and customers.
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Latest Analysis

News Stories

Producer licensing is one of those parts of insurance that tends to stay in the background until it starts slowing everything else down. As carriers expand their agent networks, the process of onboarding producers, managing appointments, and maintaining compliance records often still depends on fragmented systems and manual intervention.

Fixing the producer bottleneck in insurance distribution

Producer licensing is one of those parts of insurance that tends to stay in the background until it starts slowing everything else down. As...
Simply Business, a digital insurance marketplace, has launched a business insurance app on ChatGPT in the US, alongside a separate rollout in the UK.

Simply Business brings small business insurance pricing into ChatGPT

Simply Business, a digital insurance marketplace, has launched a business insurance app on ChatGPT in the US, alongside a separate rollout in the UK. The...
Cytora, a digital risk processing platform, has announced a strategic relationship with LexisNexis Risk Solutions to embed advanced data and analytics into its platform for US commercial insurers.Cytora, a digital risk processing platform, has announced a strategic relationship with LexisNexis Risk Solutions to embed advanced data and analytics into its platform for US commercial insurers.

Cytora partners LexisNexis to enhance US commercial underwriting

Cytora, a digital risk processing platform, has announced a strategic relationship with LexisNexis Risk Solutions to embed advanced data and analytics into its platform...
INSTANDA, a no-code insurance platform provider, has partnered with DataCrest, a workflow solutions firm, to enhance submission intake and quoting efficiency for insurers and MGAs.

INSTANDA and DataCrest team up to streamline insurance submissions

INSTANDA, a no-code insurance platform provider, has partnered with DataCrest, a workflow solutions firm, to enhance submission intake and quoting efficiency for insurers and...
Openly, a tech-enabled homeowners insurance provider, has secured a growth investment round led by existing investors Eden Global Partners, Advance Venture Partners and Gradient, with strategic participation from Allianz X.

Openly boosts expansion plans with funding and Allianz Re deal

Openly, a tech-enabled homeowners insurance provider, has secured a growth investment round led by existing investors Eden Global Partners, Advance Venture Partners and Gradient,...
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