Sector Updates

“Non-life insurance poses little to no money laundering risk.” For years, this belief has shaped global regulatory priorities. Life insurance remained under strict anti-money laundering (AML) oversight, while general insurance received limited attention. But as criminal methods evolve, so too must the approach to AML in non-life insurance.

Is AML in insurance still low risk?

“Non-life insurance poses little to no money laundering risk.” For years, this belief has shaped global regulatory priorities. Life insurance remained under strict anti-money...
HappyRobot, an AI enterprise platform developer based in the US, has formed a strategic partnership with Tokio Marine Future Fund, the venture arm of Japan’s leading insurance group Tokio Marine.

HappyRobot joins forces with Tokio Marine for Asia growth

HappyRobot, an AI enterprise platform developer based in the US, has formed a strategic partnership with Tokio Marine Future Fund, the venture arm of...

Asia Insurance goes live with CoverGo health platform

Asia Insurance, one of the leading general insurers in Hong Kong and Macau, has gone live with CoverGo’s next-generation, end-to-end health insurance platform. The collaboration...
Canada’s auto lending sector is facing a period of transformation. While dealer reserves continue to be a core part of the market, rising vehicle prices, higher interest rates and growing regulatory scrutiny are challenging traditional lending models. This shifting environment is pushing lenders, dealers and borrowers to rethink long-standing practices and explore more transparent and efficient ways to balance profit with credit access, according to Earnix.

How AI is reshaping Canada’s auto finance landscape

Canada’s auto lending sector is facing a period of transformation. While dealer reserves continue to be a core part of the market, rising vehicle...
Digital banking has transformed financial services, making them faster and more accessible than ever before. Yet, this convenience comes at a cost, with personal connections diminishing. Branch visits are nearly obsolete, making it harder for banks to sustain meaningful engagement with their customers, to the detriment of trust and loyalty.

How banks can boost loyalty through health engagement

Digital banking has transformed financial services, making them faster and more accessible than ever before. Yet, this convenience comes at a cost, with personal...
Optifino, the digital Brokerage General Agency (BGA), and Covr Financial Technologies, a provider of digital insurance solutions, have announced a transformative merger to create Digital BGA 3.0.

Optifino and Covr merge to launch Digital BGA 3.0

Optifino, the digital Brokerage General Agency (BGA), and Covr Financial Technologies, a provider of digital insurance solutions, have announced a transformative merger to create...
Zurich North America, a leading commercial insurance provider and part of Zurich Insurance Group, has announced a strategic integration with Nearmap, a global provider of property and location intelligence for insurers.

Zurich unveils AI aerial insights for faster underwriting

Zurich North America, a leading commercial insurance provider and part of Zurich Insurance Group, has announced a strategic integration with Nearmap, a global provider...
One Inc, the leading payments network, and Equisoft, a global provider of advanced digital solutions for the financial services sector, have announced a new partnership to deliver modern premium payment experiences for insurers and policyholders.

Equisoft integrates One Inc’s PremiumPay for insurers

One Inc, the leading payments network, and Equisoft, a global provider of advanced digital solutions for the financial services sector, have announced a new partnership...
Insurers gain transparency with Ortec Finance’s SBML

Insurers gain transparency with Ortec Finance’s SBML

Ortec Finance has expanded its Scenario-Based Machine Learning (SBML) approach, and has showcased it through a case study with M&G Investments. The case study...
Sixfold, an underwriting AI company, specialising in property and casualty (P&C) insurance, risk assessment automation, and AI-driven underwriting solutions, has today announced a significant upgrade to its platform with the launch of Referral Agent.

Sixfold launches Referral Agent to streamline underwriting

Sixfold, an underwriting AI company, specialising in property and casualty (P&C) insurance, risk assessment automation, and AI-driven underwriting solutions, has today announced a significant...

News Stories

Beazley, a London-listed specialty insurer, said shareholders have approved Zurich Insurance’s £8.1bn all-cash takeover of the company.

Beazley investors back £8.1bn Zurich takeover deal

Beazley, a London-listed specialty insurer, said shareholders have approved Zurich Insurance’s £8.1bn all-cash takeover of the company. The deal was backed by 99.9% of votes...
Canopy Connect has launched a new sharing path feature for its Insurance Intake Platform, designed to give insurance prospects more flexibility in how they share their insurance information.

Canopy Connect adds multi-option sharing path to intake platform

Canopy Connect has launched a new sharing path feature for its Insurance Intake Platform, designed to give insurance prospects more flexibility in how they...
The Zebra, an insurance comparison platform, has warned that rising homeowners' insurance premiums could place significant financial pressure on first-time homebuyers.

Rising home insurance premiums add pressure for first-time buyers

The Zebra, an insurance comparison platform, has warned that rising homeowners' insurance premiums could place significant financial pressure on first-time homebuyers. The company’s latest analysis...
EIS, an AI-native insurance core platform provider, has announced that Tokio Marine & Nichido Fire Insurance (TMNF) has deployed its ClaimPulse™ technology as part of a new overseas travel insurance offering.

Tokio Marine adopts ClaimPulse to automate travel insurance FNOL

EIS, an AI-native insurance core platform provider, has announced that Tokio Marine & Nichido Fire Insurance (TMNF) has deployed its ClaimPulse™ technology as part...
SoundHound AI, a conversational AI technology firm, has agreed to acquire enterprise messaging platform LivePerson in a deal designed to create an end-to-end omnichannel conversational AI platform for global enterprises.

SoundHound buys LivePerson to build omnichannel AI platform

SoundHound AI, a conversational AI technology firm, has agreed to acquire enterprise messaging platform LivePerson in a deal designed to create an end-to-end omnichannel...
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