Sector Updates

Engage People and Medibank boost health rewards

Engage People and Medibank boost health rewards

Engage People has extended its strategic partnership with Medibank, one of Australia’s largest health insurers, to enhance its digital loyalty and rewards offering.
Assurant launches HOIVerify to automate mortgage insurance

Assurant launches HOIVerify to automate mortgage insurance

Assurant has introduced a new product aimed at transforming insurance verification in the mortgage lending process.
Applied Systems acquires Cytora to expand AI in insurance

Applied Systems acquires Cytora to expand AI in insurance

Applied Systems has acquired Cytora, a digital risk processing platform for the insurance sector, in a move aimed at strengthening its artificial intelligence (AI) capabilities.
Paid leave provider Parento secures $5.9m seed funding

Paid leave provider Parento secures $5.9m seed funding

Parento, a US-based provider of parental leave insurance and support services, has raised $5.9m in a Seed II funding round to expand its offering to businesses of all sizes.
KYND, a cyber risk management FinTech, has partnered with DUAL, a leading global MGA, to enhance cyber insurance solutions worldwide.

DUAL teams up with KYND to enhance cyber insurance solutions

KYND, a cyber risk management FinTech, has partnered with DUAL, a leading global MGA, to enhance cyber insurance solutions worldwide. The partnership will integrate...
Earnix, a global leader in dynamic AI for insurance and banking, has raised $290m in a single-asset Continuation Vehicle led by TPG GP Solutions in partnership with JVP, the venture capital firm that initially backed the company.

Earnix raises $290m to expand AI insurance platform

Earnix, a global leader in dynamic AI for insurance and banking, has raised $290m in a single-asset Continuation Vehicle led by TPG GP Solutions...
Kin, a Chicago-based digital home insurance provider, has completed an oversubscribed $50m Series E round, to continue its expansion across the United States.

Digital insurer Kin bags $50m Series E

Kin, a Chicago-based digital home insurance provider, has completed an oversubscribed $50m Series E round, to continue its expansion across the United States. The  tranche...
Sedgwick, the global leader in risk and claims administration with more than 33,000 employees serving 10,000 clients across 80 countries, has announced the appointment of Vishy Padmanabhan as its first chief transformation officer.

Sedgwick appoints Vishy Padmanabhan as chief transformation officer

Sedgwick, the global leader in risk and claims administration with more than 33,000 employees serving 10,000 clients across 80 countries, has announced the appointment...
Quantiphi, an AI-first digital engineering company, and Amazon Web Services (AWS) have expanded their Strategic Collaboration Agreement (SCA) to accelerate enterprise-ready generative AI solutions.

AWS deepens collaboration with Quantiphi on generative AI

Quantiphi, an AI-first digital engineering company, and Amazon Web Services (AWS) have expanded their Strategic Collaboration Agreement (SCA) to accelerate enterprise-ready generative AI solutions. The...
Elysian, an AI-native third-party administrator for commercial insurance claims, has closed a $6m seed funding round.

Elysian secures $6m to transform commercial claims with AI

Elysian, an AI-native third-party administrator for commercial insurance claims, has closed a $6m seed funding round. The round was led by Portage, with additional participation...
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Latest Analysis

News Stories

Why pension transition overviews fail to communicate

Dutch pension insurers are producing transition overviews that tick every legal box and still leave participants fundamentally confused about what is happening to their...
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...
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