Sector Updates

In today’s competitive insurance market, smaller carriers often struggle to match the sophistication of billion-dollar rivals. The challenge is particularly acute for actuarial teams, where limited resources must deliver the same level of pricing accuracy, regulatory compliance and speed as much larger departments.

How Akur8 empowers small actuarial teams to scale fast

In today’s competitive insurance market, smaller carriers often struggle to match the sophistication of billion-dollar rivals. The challenge is particularly acute for actuarial teams,...
SelectQuote has furthered its partnership with Findhelp, a closed-loop referral management software provider that connects individuals to the US safety net.

Findhelp and SelectQuote boost support for low-income seniors

SelectQuote has furthered its partnership with Findhelp, a closed-loop referral management software provider that connects individuals to the US safety net. The collaboration underscores SelectQuote’s...
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...
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Latest Analysis

News Stories

Aviva, a UK insurer, is launching a ChatGPT app that allows potential customers to obtain an initial home insurance quote in a few minutes.

Aviva launches ChatGPT app for home insurance quotes

Aviva, a UK insurer, is launching a ChatGPT app that allows potential customers to obtain an initial home insurance quote in a few minutes. The...
Chubb, a global insurance group, has appointed Ben McGregor and Alex Forman to senior leadership roles within its Chubb Overseas General (COG) division.

Chubb appoints new commercial property and casualty heads

Chubb, a global insurance group, has appointed Ben McGregor and Alex Forman to senior leadership roles within its Chubb Overseas General (COG) division. McGregor has...
Alacrity Solutions, a US insurance services provider specialising in complex and catastrophe claims, has launched a UK presence at Lloyd’s of London to support insurers placing US risks through the market.

Alacrity launches Lloyd’s base to handle US claims

Alacrity Solutions, a US insurance services provider specialising in complex and catastrophe claims, has launched a UK presence at Lloyd’s of London to support...
Chaucer, a global specialty (re)insurer, and maritime technology firm Ceto AI have launched a new marine Managing General Agent operating as a Lloyd’s coverholder.

Chaucer backs Ceto marine MGA with TMK capacity

Chaucer, a global specialty (re)insurer, and maritime technology firm Ceto AI have launched a new marine Managing General Agent operating as a Lloyd’s coverholder. Under...
Shepherd, an AI-native commercial insurance platform, has raised $42m in a Series B round led by Intact Private Capital, bringing total funding to $67m.

Shepherd raises $42m to scale AI underwriting platform

Shepherd, an AI-native commercial insurance platform, has raised $42m in a Series B round led by Intact Private Capital, bringing total funding to $67m. The...
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