Sector Updates

Tokio Marine, one of Japan’s largest insurers, and OpenAI, the US-based artificial intelligence company best known for developing ChatGPT, have entered a strategic collaboration to bring generative AI (genAI) into Tokio Marine’s operations.

OpenAI and Tokio Marine join forces on generative AI

Tokio Marine, one of Japan’s largest insurers, and OpenAI, the US-based artificial intelligence company best known for developing ChatGPT, have entered a strategic collaboration...
Datavant, a healthcare data collaboration platform working with payers, providers, life sciences, legal and insurance clients worldwide, has announced its agreement to acquire DigitalOwl, an InsurTech company specialising in AI-driven medical data analysis.

DigitalOwl joins Datavant in legal and insurance data push

Datavant, a healthcare data collaboration platform working with payers, providers, life sciences, legal and insurance clients worldwide, has announced its agreement to acquire DigitalOwl,...
Genpact, an agentic and advanced technology solutions company, has introduced the Genpact Insurance Policy Suite aimed at transforming commercial and specialty business insurance.

Genpact unveils Insurance Policy Suite for insurers

Genpact, an agentic and advanced technology solutions company, has introduced the Genpact Insurance Policy Suite aimed at transforming commercial and specialty business insurance. The launch...
LexisNexis® Risk Solutions, a leading data, analytics and technology provider, has announced the launch of its Home Claims Insights dashboard within the LexisNexis® Insurance Market Insights platform.

LexisNexis launches Home Claims Insights for insurers

LexisNexis® Risk Solutions, a leading data, analytics and technology provider, has announced the launch of its Home Claims Insights dashboard within the LexisNexis® Insurance...
Precisely, a global provider of data integrity solutions, data quality software, and data governance services, has announced plans to expand its Data Integrity Suite with a new generation of AI Agents and a context-aware Copilot.

Precisely launches AI Agents and context-aware Copilot

Precisely, a global provider of data integrity solutions, data quality software, and data governance services, has announced plans to expand its Data Integrity Suite...
Accuracy is paramount in the insurance sector, where even the smallest errors across quotes, binders and policies can trigger regulatory scrutiny, errors and omissions (E&O) claims, or damage to client confidence. Recognising this industry-wide challenge, IntellectAI's Magic Placement simplifies and safeguards  the work of brokers and agents.

IntellectAI’s Magic Placement reduces insurance errors

Accuracy is paramount in the insurance sector, where even the smallest errors across quotes, binders and policies can trigger regulatory scrutiny, errors and omissions...
A leading pharmacy benefit manager (PBM) sought to enhance its member experience by extending white-glove support through its member care advocates. The PBM faced multiple challenges, including encouraging healthy behaviours among members, ensuring adherence to prescribed therapies, resolving prior authorisation denials efficiently, and capturing member sentiment alongside clinical insights.

Ushur powers smarter PBM member support

A leading pharmacy benefit manager (PBM) sought to enhance its member experience by extending white-glove support through its member care advocates. The PBM faced...
Community Health Options, a Maine-based nonprofit health insurer, has selected Gradient AI to help improve its risk management processes for group health clients. 

Gradient AI powers smarter health insurance solutions for Community Health Options

Community Health Options, a Maine-based nonprofit health insurer, has selected Gradient AI to help improve its risk management processes for group health clients.  By adopting...
Manchester-based InsurTech Veridox has raised in a funding round led by Outward VC, with Solly Solomou, founder and CEO of social media giant LADbible, joining through his Solo Investments Holdings vehicle.

LADbible founder supports InsurTech Veridox with £1m

Manchester-based InsurTech Veridox has raised £1m in a funding round led by Outward VC, with Solly Solomou, founder and CEO of social media giant...
Neo Insurance Solutions, a leading innovator in digital insurance infrastructure, has appointed Kyle Dietz as its new chief commercial officer.

Neo Insurance Solutions appoints Kyle Dietz as CCO

Neo Insurance Solutions, a leading innovator in digital insurance infrastructure, has appointed Kyle Dietz as its new chief commercial officer. Dietz will be responsible for...
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Latest Analysis

News Stories

The headlines arrive faster than anyone can process them. Missile strikes. Warnings of retaliation. Oil markets jolt as tensions rise around the Strait of Hormuz. Governments scramble to evacuate citizens. Across television studios and diplomatic corridors, the same uneasy question returns: when will this conflict stop?

What the US-Iran conflict reveals about global insurance risk

The headlines arrive faster than anyone can process them. Missile strikes. Warnings of retaliation. Oil markets jolt as tensions rise around the Strait of...
Many customers are familiar with the frustration of contacting a bank or insurer, only to be met with automated systems that fail to understand their needs. Long wait times and generic responses often add to the problem, rather than resolving it.

How AI is transforming call centres in banking and insurance

Many customers are familiar with the frustration of contacting a bank or insurer, only to be met with automated systems that fail to understand...
UK home insurers are expected to post a Net Combined Ratio of 103% in 2026, returning to loss-making territory as rising costs and competitive pressures weigh on profitability.

UK home insurers set for losses again in 2026

UK home insurers are expected to post a Net Combined Ratio of 103% in 2026, returning to loss-making territory as rising costs and competitive...
Zocks, an AI assistant for financial advisors, is expanding into the life insurance market with automation tools designed to streamline documentation, underwriting and client management.

Zocks brings AI assistant to life insurance workflows

Zocks, an AI assistant for financial advisors, is expanding into the life insurance market with automation tools designed to streamline documentation, underwriting and client...
HSB, part of Munich Re, has launched a new AI liability insurance product designed to protect small and medium-sized businesses from risks associated with artificial intelligence use.

HSB launches AI liability cover for SMEs

HSB, part of Munich Re, has launched a new AI liability insurance product designed to protect small and medium-sized businesses from risks associated with...
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