Sector Updates

Insurify, an online insurance agent and comparison platform, has launched what it claims is the insurance industry’s first ChatGPT app, enabling users to research and compare car insurance directly within OpenAI’s app library.

Insurify unveils industry-first ChatGPT comparison app

Insurify, an online insurance agent and comparison platform, has launched what it claims is the insurance industry’s first ChatGPT app, enabling users to research...
Klear.ai, an AI-focused insurance firm, has announced the appointment of Logan Thompson as its new chief financial officer, as the company looks to strengthen its financial leadership amid ongoing platform expansion and customer growth.

Klear.ai appoints new CFO to drive next phase of growth

Klear.ai, an AI-focused insurance firm, has announced the appointment of Logan Thompson as its new chief financial officer, as the company looks to strengthen...
SCOR, a global reinsurer, has expanded its partnership with Baobab Insurance, a German digital risks managing general agent (MGA) specialising in cyber insurance, by extending underwriting capacity to significantly larger companies in Germany and Austria.

SCOR expands Baobab Insurance cyber underwriting to €1bn firms

SCOR, a global reinsurer, has expanded its partnership with Baobab Insurance, a German digital risks managing general agent (MGA) specialising in cyber insurance, by...
Howden Group, a global insurance and reinsurance intermediary, has raised approximately $703m in gross proceeds through a debt issuance designed to strengthen its funding capacity and support future growth initiatives.

Howden Group strengthens balance sheet with $703m debt raise

Howden Group, a global insurance and reinsurance intermediary, has raised approximately $703m in gross proceeds through a debt issuance designed to strengthen its funding...
Insurers are losing millions because outdated systems make rate updates slow and costly. By decoupling pricing logic from legacy policy administration systems, companies can deploy new rates in hours, rollback changes instantly, and reduce premium leakage, according to Akur8.

Modernising rate control to reduce premium leakage

Insurers are losing millions because outdated systems make rate updates slow and costly. By decoupling pricing logic from legacy policy administration systems, companies can...
Agenzee, a compliance-focused technology company, has unveiled Agenzee Assist, a fully managed service that handles licensing, regulatory monitoring, and compliance tasks for insurance producers.

Agenzee launches tool to automate insurance compliance

Agenzee, a compliance-focused technology company, has unveiled Agenzee Assist, a fully managed service that handles licensing, regulatory monitoring, and compliance tasks for insurance producers. The...
WealthReach, an AI-powered prospecting platform, has announced the launch of InsuranceReach, a new lead generation solution aimed at insurance professionals seeking more efficient ways to identify and engage prospects.

WealthReach launches platform to transform insurance prospecting

WealthReach, an AI-powered prospecting platform, has announced the launch of InsuranceReach, a new lead generation solution aimed at insurance professionals seeking more efficient ways...
Sproutr, an insurance programme architect, has launched Program Placement Services to streamline carrier placement and accelerate insurance programme launches, expanding its capabilities to support programmes from early-stage design through to market entry.

Sproutr unveils new service to boost insurance programme delivery

Sproutr, an insurance programme architect, has launched Program Placement Services to streamline carrier placement and accelerate insurance programme launches, expanding its capabilities to support...
Advance, a FinTech platform focused on insurance payments and premium management, has raised $8.55m in seed funding as it looks to modernise how insurance intermediaries manage and move money.

Advance secures $8.55m to modernise insurance payments

Advance, a FinTech platform focused on insurance payments and premium management, has raised $8.55m in seed funding as it looks to modernise how insurance...
Click-Ins, a provider of AI-powered damage detection, and Insurtech Fuel, an InsurTech claims technology firm, have announced a new partnership aimed at transforming how motor insurance claims are handled.

Click-Ins and Insurtech Fuel partner for autonomous motor claims

Click-Ins, a provider of AI-powered damage detection, and Insurtech Fuel, an InsurTech claims technology firm, have announced a new partnership aimed at transforming how...

News Stories

intellectAI Insurance’s month of listening exposes wholesale broking’s data gap

IntellectAI has used its Broker Appreciation Month (BAM) campaign, which ran throughout July, to surface the operational friction still holding back wholesale insurance distribution,...
What music can teach insurance actuaries

Actuaries and music: a mathematical connection

Actuaries and musicians may work in very different fields, but both rely on patterns, interpretation and judgement. At Akur8, several actuaries say their experience with...
Orange brings three insurance products to market simultaneously

Orange brings three insurance products to market simultaneously

Orange Insurance Exchange has gone live with three property insurance products simultaneously across Florida, moving onto Solstice Innovations' AI-native Equinox policy administration platform. The Florida...
Vero, Uber, Cover Genius unveil rideshare InsurTech

Vero, Uber, Cover Genius unveil rideshare InsurTech

Vero, the Suncorp-owned insurer, has partnered with Uber, the ride-hailing platform, and Cover Genius, an embedded insurance provider, to introduce what is being described...

NEOS and Marloo partner on AI-driven insurance pricing

NEOS, an Australian life insurance platform, and Marloo, an adviser productivity platform, have entered into a partnership that will embed NEOS pricing directly into...
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