Sector Updates

Descartes Underwriting, a global leader in corporate parametric insurance solutions, has appointed Sébastien Bardy, a seasoned insurance industry veteran with over 20 years of experience, as its new chief financial officer (CFO). 

Descartes Underwriting names Sébastien Bardy as new CFO

Descartes Underwriting, a global leader in corporate parametric insurance solutions, has appointed Sébastien Bardy, a seasoned insurance industry veteran with over 20 years of...
Migrating legacy systems in the insurance sector is fraught with challenges. Outdated platforms, complex regulatory requirements across jurisdictions, and tight deadlines often create a perfect storm of risk and uncertainty. Errors can disrupt operations, delay compliance, or erode customer trust. Yet, InsurTech firm ChainThat defied these odds, successfully migrating 35,000 policies across 40+ US states with a remarkable 99.7% success rate in just three days for a client.

How ChainThat delivered a 99.7% policy migration in just 3 days

Migrating legacy systems in the insurance sector is fraught with challenges. Outdated platforms, complex regulatory requirements across jurisdictions, and tight deadlines often create a...
The insurance industry is standing at a critical crossroads as climate volatility intensifies. From record-breaking wildfires to devastating floods, the scale and frequency of natural disasters are growing, placing immense strain on traditional risk models. According to Earnix’s latest brochure, insurers are now at a “tipping point” where outdated systems can no longer keep pace with the speed and unpredictability of climate-driven risk.

Why insurers must modernise to manage climate risk

The insurance industry is standing at a critical crossroads as climate volatility intensifies. From record-breaking wildfires to devastating floods, the scale and frequency of...
Hyderabad-headquartered ForaySoft, a global consulting and systems integration firm, has partnered with US-based ES Search Consultants to develop modular technology components for the insurance sector.

ForaySoft and ES Search launch AI tools for insurers

Hyderabad-headquartered ForaySoft, a global consulting and systems integration firm, has partnered with US-based ES Search Consultants to develop modular technology components for the insurance...
Allianz UK, one of the country’s largest general insurers, has announced a partnership with Evoque Group Limited, a supplier specialising in zero-to-landfill solutions, to advance sustainability across its claims management processes.

Evoque and Allianz UK join forces on sustainable claims

Allianz UK, one of the country’s largest general insurers, has announced a partnership with Evoque Group Limited, a supplier specialising in zero-to-landfill solutions, to...
iPipeline, a provider of digital solutions for the life insurance and financial services industry, has launched its new Advanced Underwriting feature on its SolutionBuilder platform.

iPipeline launches Advanced Underwriting on SolutionBuilder

iPipeline, a provider of digital solutions for the life insurance and financial services industry, has launched its new Advanced Underwriting feature on its SolutionBuilder...
Falcon Finance, a digital asset platform focused on stablecoins, has launched a $10m onchain insurance fund to bolster transparency and risk management while protecting institutional partners using its protocol.

Falcon Finance launches $10m onchain insurance fund

Falcon Finance, a digital asset platform focused on stablecoins, has launched a $10m onchain insurance fund to bolster transparency and risk management while protecting...
OpenDialog AI, a leading provider of AI Agent software for the insurance sector, has announced a strategic partnership with Adrian Flux, one of the UK’s largest specialist motor insurance brokers, to deploy its Selma AI Sales Agent technology across Adrian Flux’s brand portfolio.

OpenDialog AI’s Selma to transform Adrian Flux insurance

OpenDialog AI, a leading provider of AI Agent software for the insurance sector, has announced a strategic partnership with Adrian Flux, one of the...
Eleos Life, an InsurTech company dedicated to simplifying protection through digital innovation, has launched Theea, the first AI-powered digital co-pilot tailored for life insurance customers.

Eleos Life launches AI co-pilot to simplify insurance choices

Eleos Life, an InsurTech company dedicated to simplifying protection through digital innovation, has launched Theea, the first AI-powered digital co-pilot tailored for life insurance...
Trawick International, a global provider of international insurance, administration and assistance services, has partnered with Blink Parametric, an InsurTech specialising in real-time parametric solutions, to roll out Traveler Lounge Pass.

Trawick International and Blink Parametric launch airport lounge benefit

Trawick International, a global provider of international insurance, administration and assistance services, has partnered with Blink Parametric, an InsurTech specialising in real-time parametric solutions,...
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News Stories

Plum secures ₹193cr ($20.6m) to reach 10 million employees

Plum, an Indian employee health and corporate insurance platform, has raised a Series B round of ₹193 crore ($20.6m) to scale its claims experience...
Notch closes $30m round to power end-to-end AI agents

Notch closes $30m round to power end-to-end AI agents

Notch, an AI operating system for regulated industries, has closed a $30m Series A funding round, taking its total capital raised to $45m. The raise...
The insurance industry is undergoing a period of rapid transformation as carriers increasingly turn to artificial intelligence, automation and advanced analytics to improve decision-making and accelerate pricing processes.

How Akur8 is building an end-to-end actuarial platform for the next era of insurance

The insurance industry is undergoing a period of rapid transformation as carriers increasingly turn to artificial intelligence, automation and advanced analytics to improve decision-making...
Chubb has partnered with Safe Harbor Marinas, the world’s largest owner and operator of marinas, to become the preferred insurance provider for its members.

Chubb named preferred insurer for Safe Harbor Marinas

Chubb has partnered with Safe Harbor Marinas, the world’s largest owner and operator of marinas, to become the preferred insurance provider for its members. The...
Cytora, a digital risk processing platform for insurers, has partnered with Ideal Postcodes to integrate address validation and postcode intelligence into its underwriting workflows.

Cytora integrates Ideal Postcodes address data

Cytora, a digital risk processing platform for insurers, has partnered with Ideal Postcodes to integrate address validation and postcode intelligence into its underwriting workflows. The...
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