Sector Updates

Turning AI promise into business performance

Artificial intelligence (AI) has moved from hype to boardroom priority in financial services and insurance, but the challenge now lies in translating potential into...
The insurance sector is grappling with a rapidly changing environment, driven by technological advancements, shifting customer expectations, and economic pressures. Amid this dynamic maelstrom, achieving sustainable profitability has become more important than ever, according to Earnix.

How insurers can secure sustainable profitability in 2025

The insurance sector is grappling with a rapidly changing environment, driven by technological advancements, shifting customer expectations, and economic pressures. Amid this dynamic maelstrom,...
OpenDialog, an AI Agent platform transforming customer journeys across the insurance industry, has launched Rhea, an AI-powered re-engagement agent designed to help insurers recover customers who abandon their quote process before completion.

OpenDialog unveils Rhea to boost insurer conversions

OpenDialog, an AI Agent platform transforming customer journeys across the insurance industry, has launched Rhea, an AI-powered re-engagement agent designed to help insurers recover...
Majesco, a leading provider of cloud-native, AI-driven software for the insurance industry, has launched the MGA Model Office, a pre-configured system within its P&C CoreConnect platform designed to transform how managing general agents (MGAs) operate.

Majesco launches MGA Model Office to streamline underwriting

Majesco, a leading provider of cloud-native, AI-driven software for the insurance industry, has launched the MGA Model Office, a pre-configured system within its P&C...
A single claim used to take an hour to process. Now it takes four minutes. In a quiet corner of the office, the hum of computers has replaced the shuffle of papers, and the decisions once made by teams are executed by an AI agent with surgical precision.

How Majesco cuts insurance claims from an hour to four minutes

A single claim used to take an hour to process. Now it takes four minutes. In a quiet corner of the office, the hum...
When generic AI isn’t enough: why insurance needs its own brain

When generic AI isn’t enough: why insurance needs its own brain

Insurance companies may be eager to adopt generative AI capabilities, but generic models often fail to grasp the industry’s complexities
Bajaj Life, one of India’s leading private life insurers, has unveiled its upgraded and enhanced customer app, the Bajaj Life Insurance App, designed to simplify policy management and improve user engagement.

Bajaj Life unveils enhanced app for life goals tracking

Bajaj Life, one of India’s leading private life insurers, has unveiled its upgraded and enhanced customer app, the Bajaj Life Insurance App, designed to...
QuickFacts, a leading digital insurance platform for brokers, and BOXX Insurance, a specialist cyber insurer focused on prevention-first solutions, have joined forces to enhance cyber coverage access for brokers.

QuickFacts partners with BOXX to expand broker cyber solutions

QuickFacts, a leading digital insurance platform for brokers, and BOXX Insurance, a specialist cyber insurer focused on prevention-first solutions, have joined forces to enhance...
WTW, a global professional services firm specialising in advisory, broking, and risk management, today announced the launch of Captive Fit, a new analytical and strategic service, as the captive insurance market continues to see significant growth.

Captive Fit by WTW enhances insurance programme efficiency

WTW, a global professional services firm specialising in advisory, broking, and risk management, today announced the launch of Captive Fit, a new analytical and...
Amica Mutual Insurance Company, the nation’s longest-standing mutual auto insurer, has announced a new multi-year partnership with Penn State Athletics, becoming the programme’s Official Auto, Home, and Life Insurance Partner.

Amica and Penn State join forces in multi-year sports deal

Amica Mutual Insurance Company, the nation’s longest-standing mutual auto insurer, has announced a new multi-year partnership with Penn State Athletics, becoming the programme’s Official Auto,...

News Stories

AXA XL taps Samsara platform for fleet risk tools

AXA XL, a global commercial insurance provider, has announced a strategic partnership with Samsara, the pioneer of the Connected Operations® Platform, to bring advanced...

Connie Health acquires Clearlink and raises $40m Series B

Connie Health, an AI-native Medicare navigation platform, has completed the acquisition and integration of Clearlink's Medicare business, backed by a $40m Series B financing...

Corgi Insurance partners with Silicon Valley Bank

Corgi Insurance, a fast-growing insurance platform serving startups and technology businesses, has announced a partnership with Silicon Valley Bank, a division of First Citizens...

ZestyAI names two executives amid strong momentum

ZestyAI, an AI-powered risk decision platform serving the property and casualty (P&C) insurance sector, has appointed David Friend as chief financial officer and John...
Earnix

Earnix bets on native AI to govern insurer decisions

Earnix, an AI decisioning platform purpose-built for the insurance sector, has unveiled AIOS, its AI Orchestration System for Insurance, designed to embed governed artificial...
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