Sector Updates

Over two-thirds of insurers see digital transformation as crucial to survival

With Covid-19 putting stress on a lot of businesses, a survey from dacadoo finds that 68% of insurance executives see digital transformation as crucial for their business survival.

Vala Health teams up with Smart Cover to improve access to doctor consultation

Vala Health, an online doctor consultation service, has teamed up with InsurTech company Smart Cover Insurance to offer new health plans.

How has insurance changed from Covid-19?

Covid-19 has become a part of normal life, and insurance has changed in more ways than just having a remote workforce.

Highwing nabs $4m in its funding round as it builds new products for the...

Highwing, which builds open data solutions for mid-market commercial insurance brokers and carriers, has scored $4m in a new funding round.

Kenya-based InsurTech Turaco secures $2m seed round to support growth in Africa

Turaco, which provides insurance policies to people across Africa, has reportedly closed a $2m seed funding round.

INSTANDA launches new digital insurance marketplace

InsurTech INSTANDA has unveiled a new virtual integration marketplace enabling insurers to pick and choose pre-integrated technology solutions.

How modelers of pandemic and cyber risk are facing similar challenges

Modelers of pandemics and cyber risk are reliant on understanding and predicting human behaviour, but there is a lot they can learn from each other, according to a new report from CyberCube.

What will Brexit mean for UK FinTech?

The UK is home to one of the world's most thriving FinTech and RegTech communities, but Brexit has raised concerns about whether the future of the ecosystem is at risk.

Previsico joins Lloyds’ Launch Innovation Lab to build insurance tools

Previsico, which offers live flood forecasting for insurance, has joined Lloyds Banking Group’s Launch Innovation Lab, to collaborate on a new service for the bank’s home insurance customers.

Insurance broker Brown & Brown acquires pair of InsurTechs

Insurance brokerage firm Brown & Brown has acquired CoverHound and CyberPolicy, a pair of digital insurance marketplaces.

News Stories

Wellness programmes have become an increasingly common feature in life insurance offerings. Many insurers launch digital health initiatives with strong internal support and early customer interest. Yet maintaining engagement over time remains a persistent challenge.

Why life insurers struggle to sustain wellness programme engagement

Wellness programmes have become an increasingly common feature in life insurance offerings. Many insurers launch digital health initiatives with strong internal support and early...
INSTANDA has launched INSTANDA MAX, a new ‘underwriter-first’ capability designed to help commercial and non-admitted insurers underwrite tens of thousands of complex assets within a single policy in real time.

INSTANDA introduces MAX to scale commercial underwriting with AI

INSTANDA has launched INSTANDA MAX, a new ‘underwriter-first’ capability designed to help commercial and non-admitted insurers underwrite tens of thousands of complex assets within...
Acrisure has acquired technology-driven managing general agent Vave from Canopius Group, strengthening its position in the US insurance market and expanding its data-led underwriting capabilities.

Acrisure strengthens E&S underwriting with Vave acquisition

Acrisure has acquired technology-driven managing general agent Vave from Canopius Group, strengthening its position in the US insurance market and expanding its data-led underwriting...
Talanx AG has raised €1bn through a dual bond issuance aimed at strengthening its capital structure and supporting long term financial flexibility.

Talanx lands €1bn through dual bond issuance

Talanx AG has raised €1bn through a dual bond issuance aimed at strengthening its capital structure and supporting long term financial flexibility. The financing consists...
UK insurer Covéa is overhauling how it manages fraud and risk across the insurance lifecycle, selecting Shift Technology as a long-term strategic partner to support a new end-to-end approach spanning underwriting, claims and mid-term policy adjustments.

Covéa adopts Shift AI to unify underwriting and claims risk

UK insurer Covéa is overhauling how it manages fraud and risk across the insurance lifecycle, selecting Shift Technology as a long-term strategic partner to...
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