Sector Updates

openIDL, an initiative of the Linux Foundation, dedicated to modernising and standardising insurance data across the global market, has launched the industry’s first free and open production-ready insurance data standard.

openIDL unveils first open insurance data standard

openIDL, an initiative of the Linux Foundation, dedicated to modernising and standardising insurance data across the global market, has launched the industry’s first free...
The insurance underwriting process has long been defined by complexity, delays, and manual tasks that slow decision-making. Traditional methods have relied heavily on fragmented systems, duplicated data entry, and email-based communication, leaving underwriters with limited time to properly assess risks. As carriers push for greater speed and accuracy, the industry is steadily turning to digital tools that reimagine how underwriting actually works, according to IntellectAI.

Inside the rise of digital underwriting workbenches

The insurance underwriting process has long been defined by complexity, delays, and manual tasks that slow decision-making. Traditional methods have relied heavily on fragmented...
Kalepa, a leading AI-powered insurance underwriting software firm, has appointed David Meister as chief revenue officer (CRO) to oversee its global revenue functions.

Kalepa updates leadership team with new CRO

Kalepa, a leading AI-powered insurance underwriting software firm, has appointed David Meister as chief revenue officer (CRO) to oversee its global revenue functions. As part...
In conversations with auto lenders about pricing analytics, one phrase surfaces more than any other: “Our setup works fine — we’ve always done it this way.” At face value, this often seems true. Rates are updated, spreadsheets balance, and deals continue to close. But underneath, a silent risk is accumulating, according to Earnix. 

The quiet cost of slow pricing in auto finance

In conversations with auto lenders about pricing analytics, one phrase surfaces more than any other: “Our setup works fine — we’ve always done it...
Modern Life, an AI-powered life insurance brokerage transforming how advisors serve their clients, has raised $20m in Series A funding.

Modern Life raises $20m to transform life insurance with AI

Modern Life, an AI-powered life insurance brokerage transforming how advisors serve their clients, has raised $20m in Series A funding. The company plans to use...
Equisoft, a leading global digital solutions provider, has announced an ISV Built On partnership with Databricks, the data and AI company, to deliver a new integrated analytics platform for life insurance carriers.

Equisoft partners with Databricks to boost life insurance AI

Equisoft, a leading global digital solutions provider, has announced an ISV Built On partnership with Databricks, the data and AI company, to deliver a...
Insurance in 2025 is a performance of precision, agility, and empathy. Behind the customer-facing apps, slick interfaces, and instant quotes lies a backstage operation that is finally being unshackled from decades of legacy systems. While buzzwords are plentiful, real technology is driving this shift, and FinTech Global sat down with a host of industry experts to reveal the innovations that are underpinning success today.

The tech underpinning successful insurance operations in 2025

Insurance in 2025 is a performance of precision, agility, and empathy. Behind the customer-facing apps, slick interfaces, and instant quotes lies a backstage operation...
AI is reshaping Pharmacy Benefit Manager (PBM) workflows from prior authorisation to medication adherence, helping organisations cut costs, speed up therapy starts, and improve member outcomes. As PBMs face rising administrative pressures and growing demands for digital-first engagement, automation platforms such as Ushur’s Customer Experience Automation™ solution are emerging as critical tools to modernise high-volume processes, strengthen compliance, and deliver more transparent, proactive communication across the pharmacy ecosystem.

How AI is reshaping PBM workflows

AI is reshaping Pharmacy Benefit Manager (PBM) workflows from prior authorisation to medication adherence, helping organisations cut costs, speed up therapy starts, and improve...
Californian InsurTech Agentero has launched a new solution designed to enable agents to rapidly identify the most suitable insurers for any given risk.

Agentero launches AI tool to match risks with carriers

Californian InsurTech Agentero has launched a new solution designed to enable agents to rapidly identify the most suitable insurers for any given risk. The offering,...
Cover-More Europe, a global travel insurance provider, and Irish InsurTech Blink Parametric, have partnered to deliver a new parametric flight delay benefit for AnnualTravelInsurance.com customers in Ireland.

Blink and Cover-More launch real-time travel disruption aid

Cover-More Europe, a global travel insurance provider, and Irish InsurTech Blink Parametric, have partnered to deliver a new parametric flight delay benefit for AnnualTravelInsurance.com...
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News Stories

Insurers and banks rely on increasingly powerful data platforms. But while data infrastructure has advanced, the processes used to prepare that data often remain slow and manual. As data volumes grow and sources multiply, turning raw data into usable inputs for pricing and underwriting has become one of the biggest operational bottlenecks. Earnix Elevate Data was designed to address this challenge.

How Earnix Elevate Data accelerates pricing and underwriting decisions

Insurers and banks rely on increasingly powerful data platforms. But while data infrastructure has advanced, the processes used to prepare that data often remain...
Insurance pricing in Brazil has evolved significantly over the past decade. What was once a process driven largely by experience and professional judgment is becoming a more structured discipline based on data, modelling and risk analysis.

Expected loss and tariff gaps: a practical framework for insurance pricing

Insurance pricing in Brazil has evolved significantly over the past decade. What was once a process driven largely by experience and professional judgment is...
Allianz Turkiye, a multinational insurer, has selected the Nettle platform to support its commercial property risk engineering operations.

Allianz Turkiye adopts Nettle platform for commercial property inspections

Allianz Turkiye, a multinational insurer, has selected the Nettle platform to support its commercial property risk engineering operations. The decision follows a pilot programme in...

1Cover consolidates payments stack with Adyen platform

Adyen, a global PayTech platform, has expanded its partnership with Australian travel insurer 1Cover to modernise the company’s payments infrastructure across Australia and New...
ING, a global banking group, has become a managing general agent (MGA) as part of a new insurance strategy powered by InsurTech platform Qover.

ING becomes managing general agent with Qover technology

ING, a global banking group, has become a managing general agent (MGA) as part of a new insurance strategy powered by InsurTech platform Qover. Under...
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