Sector Updates

Chubb has partnered with Safe Harbor Marinas, the world’s largest owner and operator of marinas, to become the preferred insurance provider for its members.

Chubb named preferred insurer for Safe Harbor Marinas

Chubb has partnered with Safe Harbor Marinas, the world’s largest owner and operator of marinas, to become the preferred insurance provider for its members. The...
Cytora, a digital risk processing platform for insurers, has partnered with Ideal Postcodes to integrate address validation and postcode intelligence into its underwriting workflows.

Cytora integrates Ideal Postcodes address data

Cytora, a digital risk processing platform for insurers, has partnered with Ideal Postcodes to integrate address validation and postcode intelligence into its underwriting workflows. The...
ZestyAI, a risk and decision intelligence platform for insurers, has launched Z-SPARK, an AI-powered model designed to predict non-weather fire risk at the individual property level.

ZestyAI unveils Z-SPARK fire risk model for insurers

ZestyAI, a risk and decision intelligence platform for insurers, has launched Z-SPARK, an AI-powered model designed to predict non-weather fire risk at the individual...
Aviva, a UK insurer, is launching a ChatGPT app that allows potential customers to obtain an initial home insurance quote in a few minutes.

Aviva launches ChatGPT app for home insurance quotes

Aviva, a UK insurer, is launching a ChatGPT app that allows potential customers to obtain an initial home insurance quote in a few minutes. The...
Chubb, a global insurance group, has appointed Ben McGregor and Alex Forman to senior leadership roles within its Chubb Overseas General (COG) division.

Chubb appoints new commercial property and casualty heads

Chubb, a global insurance group, has appointed Ben McGregor and Alex Forman to senior leadership roles within its Chubb Overseas General (COG) division. McGregor has...
Alacrity Solutions, a US insurance services provider specialising in complex and catastrophe claims, has launched a UK presence at Lloyd’s of London to support insurers placing US risks through the market.

Alacrity launches Lloyd’s base to handle US claims

Alacrity Solutions, a US insurance services provider specialising in complex and catastrophe claims, has launched a UK presence at Lloyd’s of London to support...
Chaucer, a global specialty (re)insurer, and maritime technology firm Ceto AI have launched a new marine Managing General Agent operating as a Lloyd’s coverholder.

Chaucer backs Ceto marine MGA with TMK capacity

Chaucer, a global specialty (re)insurer, and maritime technology firm Ceto AI have launched a new marine Managing General Agent operating as a Lloyd’s coverholder. Under...
Shepherd, an AI-native commercial insurance platform, has raised $42m in a Series B round led by Intact Private Capital, bringing total funding to $67m.

Shepherd raises $42m to scale AI underwriting platform

Shepherd, an AI-native commercial insurance platform, has raised $42m in a Series B round led by Intact Private Capital, bringing total funding to $67m. The...
Artificial intelligence may dominate the current conversation around insurance technology, but the story of InsurTech itself has followed a different trajectory. A decade ago, the sector was defined by the promise of disruption. Venture capital flowed into startups promising to rebuild insurance from the ground up. This swell of momentum saw surged to record levels, peaking at more than $15bn globally in 2021, according to CB Insights.

The next phase of InsurTech: From disruption to durability

Artificial intelligence may dominate the current conversation around insurance technology, but the story of InsurTech itself has followed a different trajectory. A decade ago,...
Artificial intelligence is already transforming how lenders analyse risk, price products, and make credit decisions. Yet for many institutions, the real challenge is no longer adopting the technology. It is maintaining control over the pace and scope of the changes AI introduces.

AI and the future of consumer lending: what lenders need to know

Artificial intelligence is already transforming how lenders analyse risk, price products, and make credit decisions. Yet for many institutions, the real challenge is no...

News Stories

intellectAI Insurance’s month of listening exposes wholesale broking’s data gap

IntellectAI has used its Broker Appreciation Month (BAM) campaign, which ran throughout July, to surface the operational friction still holding back wholesale insurance distribution,...
What music can teach insurance actuaries

Actuaries and music: a mathematical connection

Actuaries and musicians may work in very different fields, but both rely on patterns, interpretation and judgement. At Akur8, several actuaries say their experience with...
Orange brings three insurance products to market simultaneously

Orange brings three insurance products to market simultaneously

Orange Insurance Exchange has gone live with three property insurance products simultaneously across Florida, moving onto Solstice Innovations' AI-native Equinox policy administration platform. The Florida...
Vero, Uber, Cover Genius unveil rideshare InsurTech

Vero, Uber, Cover Genius unveil rideshare InsurTech

Vero, the Suncorp-owned insurer, has partnered with Uber, the ride-hailing platform, and Cover Genius, an embedded insurance provider, to introduce what is being described...

NEOS and Marloo partner on AI-driven insurance pricing

NEOS, an Australian life insurance platform, and Marloo, an adviser productivity platform, have entered into a partnership that will embed NEOS pricing directly into...
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