Allianz Trade and BPL launch innovative API integration to streamline underwriter-broker data sharing
Leading insurer Allianz Trade and specialist credit and political risk insurance (CPRI) broker BPL have launched a groundbreaking collaboration to enhance how underwriters and brokers share enquiry data.
Lumera acquires ITM to enhance UK presence
Lumera, a leading InsurTech company dedicated to the digital transformation of the European life and pensions industry, has entered into an agreement to acquire ITM, as part of its international growth strategy.
Novidea acquires automated document generation leader Docomotion
Novidea, the creator of the cloud-based, data-driven enterprise insurance management platform, has announced the strategic acquisition of Docomotion, an automated document generation technology provider.
MPowered Mortgages’ AI-powered chatbot solving 60% of broker queries
Uk-based firm MPowered Mortgages has reported that its AI-powered chatbot now solves 60% of broker enquiries.
Feather bags €6m to enhance health insurance options for Europe’s expats
German InsurTech startup Feather, which aims to simplify health insurance for expatriates, has successfully raised €6m.
SiriusPoint and Euclid Security forge strategic partnership to enhance liability programme
SiriusPoint Ltd., a global specialty insurer and reinsurer, and Euclid Security Programs LLC, a boutique managing general underwriter (MGU) specialising in security industry risks, have announced a new strategic partnership.
Wefox to replace CEO as board snubs sale proposal
Wefox, the German insurance startup, is set to replace CEO Mark Hartigan by the end of the year.
Combatting cargo theft: The power of CDL Scanners in protecting freight
Cargo theft is soaring, with no sign of decline in sight. In 2023 alone, the U.S. faced losses of $130m due to cargo theft, and experts suspect the actual figure to be even higher. Fraudsters are becoming increasingly innovative in their methods, now exploiting the freight bidding process on load boards to secure loads, among other scams.
How Symfa’s Rules Engine project strengthened a US insurance giant
For medium-to-large businesses, developing new applications can come with a swathe of new challenges. One key issue revolves around creating workflows for dozens of business applications - and the difficulties that can involve for firms without serious coding expertise. When a leading US insurance business faced this issue, Symfa stepped in to build a micro low-code platform to help insurance business users change business logic fast and easily.
Allica Bank partners with Westcor International to launch title indemnity insurance and cut application...
Allica Bank, a UK-based bank specialising in supporting established SMEs, has entered into a partnership with Westcor Internationa to launch their Perfect Title insurance product across its commercial mortgage range starting from 1st July 2024.
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