Sector Updates

Verisk, a global data analytics and technology provider to the insurance industry, has expanded its collaboration with KYND to integrate advanced cyber intelligence into its Rulebook platform.

KYND powers Verisk Rulebook for better cyber underwriting

Verisk, a global data analytics and technology provider to the insurance industry, has expanded its collaboration with KYND to integrate advanced cyber intelligence into...
Techficient has unveiled Surefire, a new end-to-end life insurance underwriting platform designed to simplify underwriting, cut costs, and improve business quality for carriers.

Techficient debuts Surefire solution to simplify life insurance processes

Techficient has unveiled Surefire, a new end-to-end life insurance underwriting platform designed to simplify underwriting, cut costs, and improve business quality for carriers. The InsurTech...
Zain Group has launched Kuwait’s first fully digital, end-to-end motor insurance application, marking a significant milestone in the country’s insurance and telecom sectors.

Zain introduces mobile-first digital motor insurance solution

Zain Group has launched Kuwait’s first fully digital, end-to-end motor insurance application, marking a significant milestone in the country’s insurance and telecom sectors. Developed in...
Sixfold, the AI underwriting platform used by leading life, health and P&C insurers, has launched a new AI Adoption Guide to help carriers accelerate the transition from pilot programmes to full deployment.

Sixfold unveils AI adoption guide for insurers

Sixfold, the AI underwriting platform used by leading life, health and P&C insurers, has launched a new AI Adoption Guide to help carriers accelerate...
Regulatory and financial requirements heavily influence the content and format of loss reserve reporting. These mandates often produce extremes in the information presented. On one hand, actuaries require highly detailed, granular data for robust analysis. On the other, management relies on summarised estimates to make strategic decisions. Between these two layers, static spreadsheets and slide decks frequently dominate, leaving valuable insights underutilised. Akur8, a leading actuarial software provider, highlights how modern platforms can help bridge this gap by making granular data more accessible and actionable for all stakeholders.

Unlocking loss reserve data for smarter management choices

Regulatory and financial requirements heavily influence the content and format of loss reserve reporting. These mandates often produce extremes in the information presented. On...
Parametrix, a provider of parametric insurance for digital business interruption, has raised $27m in Series B funding led by Mundi Ventures, FirstMark Capital, and Hannover Digital Investments, the corporate venture arm of HDI Group.

Parametrix bags $27m to expand parametric coverage

Parametrix, a provider of parametric insurance for digital business interruption, has raised $27m in Series B funding led by Mundi Ventures, FirstMark Capital, and...
Wisedocs, an AI-powered medical record review and claims documentation platform with expert human oversight, has joined the Guidewire Insurtech Vanguards program, a curated community of InsurTechs helping property and casualty (P&C) insurers modernise and scale their operations.

Wisedocs joins Guidewire’s Insurtech Vanguards program

Wisedocs, an AI-powered medical record review and claims documentation platform with expert human oversight, has joined the Guidewire Insurtech Vanguards program, a curated community...
A high-potential producer is ready to join your network, but contract reviews often drag on for weeks. Commission questions and addendums slow the process. By the time organisations are ready to finalise, the producer may have signed with a competitor who moved faster.

How to accelerate producer contracting and onboarding

A high-potential producer is ready to join your network, but contract reviews often drag on for weeks. Commission questions and addendums slow the process....
Modern pricing engines are rapidly changing how insurers approach deployment, shifting from an infrastructure-heavy burden to a streamlined strategic capability. In a sector long constrained by complex integrations, unpredictable expenditure and brittle architecture, cloud-native design is now redefining how IT leaders deliver performance, agility and resilience, according to Akur8.

How insurers scale pricing engines with agility

Modern pricing engines are rapidly changing how insurers approach deployment, shifting from an infrastructure-heavy burden to a streamlined strategic capability. In a sector long...
Bold Penguin has announced a new partnership with Adaptive Insurance, bringing the insurer’s parametric power outage protection to the Bold Penguin Placement Desk and expanding the range of climate-resilience solutions available to agents.

Bold Penguin integrates Adaptive’s GridProtect into its platform

Bold Penguin has announced a new partnership with Adaptive Insurance, bringing the insurer’s parametric power outage protection to the Bold Penguin Placement Desk and...

News Stories

Ominimo reaches $1.6bn valuation with AI motor insurance

Ominimo reaches $1.6bn valuation with AI motor insurance

Ominimo, a Budapest-based InsurTech using AI and advanced data analytics to transform motor insurance, has secured $22.5m in Series B funding at a $1.6bn valuation,...
Can Curant.ai solve insurance’s claims complexity problem?

Can Curant.ai solve insurance’s claims complexity problem?

Curant.ai, an AI-powered InsurTech platform focused on modernising insurance claims, has secured $3.1m in seed funding as insurers look to move from early AI...
Can commercial carriers survive the end of the hard market?

Can commercial carriers survive the end of the hard market?

The prolonged hard market in North American commercial insurance has begun to ease, creating a new challenge for property and casualty (P&C) insurers as...
NatWest launches home cover tracker with Uinsure

NatWest launches home cover tracker with Uinsure

NatWest, one of the UK's largest retail banks, has joined forces with InsurTech platform Uinsure in an exclusive tie-up aimed at making home cover...
Navacord enters Newfoundland through Steers deal

Navacord enters Newfoundland through Steers deal

Navacord, the insurance brokerage, has partnered with Steers Insurance Limited, a move that takes the consolidator into Newfoundland and Labrador for the first time...
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