Sector Updates

Shift Technology forms partnership with Snapsheet to support anti-fraud efforts

AI-fraud detection solution Shift Technology will help identify suspicious claims for users of Snapsheet, a claims management technology platform.

Tractable to help Tokio Marine improve auto claims through new deal

Tractable will deploy its AI solution to help Japan’s property and casualty insurance firm Tokio Marine improve auto claims, through a new partnership.

MetaMorphoSys Technologies said to raise pre-Series A funding round

Indian InsurTech platform MetaMorphoSys Technologies has reportedly raised a pre-Series A funding round, which was led by Good Capital.

How Kidbrooke is revolutionising wealth management

Kidbrooke has already helped several of Sweden’s largest banks and insurers to automate some of their wealth management services, but this WealthTech startup is just getting started.

How the coronavirus is impacting the future of the claims industry

The coronavirus pandemic has exposed a lot of problems with the way we do business. However, one of the biggest takeaways from the incident is the consumer’s desire for claims to be digital and touchless, according to a recent Insurance Nexus by Reuters Events Webinar.

The FCA is looking to find legal clarity about business insurance coverage in terms...

COVID-19 has caused major business disruption around the world, but it’s unclear how much insurance policies cover in the case of a pandemic.

Bought By Many said to raise £78m in funding from a private equity firm

UK-based pet insurance platform Bought By Many has reportedly closed a £78m investment from private equity firm FTV Capital.

Covered by SAGE collects $6m in its seed round

InsurTech startup Covered by SAGE has collected $6m in its seed round, which was led by NFX.

LIBRA Insurance Partners teams up with Human API

Insurance marketing business LIBRA Insurance Partners has teamed up with Human API to simplify the purchase process for life insurance.

DealerPolicy partners with J.D. Power to offer personalised insurance

Auto insurance marketplace DealerPolicy has formed a partnership with J.D. Power to provide car buyers with personalised insurance quotes.

News Stories

Why “UK-hosted” cloud doesn’t mean what you think

Cloud computing has become a core function in modern finance and while many depend on it to store their sensitive data, they do not...
Quandri has announced new integrations with Vertafore AMS360 and HawkSoft, expanding access to its AI-powered renewal intelligence platform across two of the most widely used agency management systems in North America.

Quandri brings AI renewal automation to more North American agencies

Quandri has announced new integrations with Vertafore AMS360 and HawkSoft, expanding access to its AI-powered renewal intelligence platform across two of the most widely...
Atrium has deployed Sofix’s BrokerBrief solution to bring AI-powered claim analysis and summaries directly into its claims workflow across all classes of business.

Atrium deploys Sofix AI tool to streamline claims analysis

Atrium has deployed Sofix’s BrokerBrief solution to bring AI-powered claim analysis and summaries directly into its claims workflow across all classes of business. The deployment...
AI underwriting platform Sixfold has partnered with Munich Re to integrate its technology into Realytix Zero, the reinsurer’s cloud-based automated underwriting platform.

Munich Re integrates Sixfold AI to streamline underwriting workflows

AI underwriting platform Sixfold has partnered with Munich Re to integrate its technology into Realytix Zero, the reinsurer’s cloud-based automated underwriting platform. The integration enables...
Commercial insurance broker Pelican Insured has deployed the nCino SmartBroker × Acturis platform as part of its strategy to scale operations and strengthen client acquisition, compliance and underwriting processes.

Pelican Insured transforms broker workflows with nCino SmartBroker

Commercial insurance broker Pelican Insured has deployed the nCino SmartBroker × Acturis platform as part of its strategy to scale operations and strengthen client...
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