Sector Updates

NFP

NFP acquires Bspoke to expand specialist insurance services

NFP, an Aon company and international insurance brokerage and consulting firm, has announced the acquisition of Bspoke Insurance Group, a leading platform of multi-class...
Safeco partners with Mercury for California coverage

Safeco partners with Mercury for California coverage

Mercury Insurance has announced a strategic partnership with Liberty Mutual Insurance to take on thousands of Safeco Insurance customers in California following changes to...
CyberCube and Wholesure join forces on SMB cyber cover

CyberCube and Wholesure join forces on SMB cyber cover

CyberCube has entered into a strategic partnership with Wholesure, the wholesale brokerage arm of Acrisure, to strengthen cyber insurance decision-making for small and medium-sized...
Hagerty prices upsized 9.7m share stock offering

Hagerty prices upsized 9.7m share stock offering

Hagerty has priced its upsized secondary offering of Class A common stock at $9.34 per share, with 9.7m shares being sold by Hagerty Holding...
GoHealth gains $115m to fuel strategic growth

GoHealth gains $115m to fuel strategic growth

GoHealth has announced a set of strategic capital and governance moves aimed at strengthening its financial flexibility and positioning for long-term growth, alongside releasing its second quarter 2025 financial results.
Honeycomb teams with Trisura to boost US coverage

Honeycomb teams with Trisura to boost US coverage

Honeycomb Insurance has formed a new partnership with Trisura Insurance Company in a strategic move to increase its admitted capacity across the United States. The...
NFP taps Qumis AI to streamline policy intelligence

NFP taps Qumis AI to streamline policy intelligence

NFP, an Aon company and global leader in P&C insurance and risk consultancy, has expanded its digital transformation strategy by partnering with Qumis, a legal-grade AI platform built specifically for the insurance sector.
Deferred repairs pose $317bn threat to insurers

Deferred repairs pose $317bn threat to insurers

A new study from ZestyAI has found that over 60% of U.S. homeowners are postponing critical home maintenance, potentially exposing insurers to an eye-watering $317bn in claims.
Cytora boosts insurance efficiency with agentic AI

Cytora boosts insurance efficiency with agentic AI

Cytora has launched a new agentic AI-powered tool, Unified Risk Reasoning, which marks a major step forward in the full automation of risk workflows for insurance professionals.
In today’s competitive insurance landscape, claims handling is both a crucial service function and a major source of cost. Automation is now reshaping how insurers manage this process, and Comarch is actively exploring how insurers can reduce handling costs by as much as 30% through smart digital strategies.

How to reduce insurance claims costs by 30%

In today’s competitive insurance landscape, claims handling is both a crucial service function and a major source of cost. Automation is now reshaping how insurers manage this process, and Comarch is actively exploring how insurers can reduce handling costs by as much as 30% through smart digital strategies.

News Stories

Producer licensing is one of those parts of insurance that tends to stay in the background until it starts slowing everything else down. As carriers expand their agent networks, the process of onboarding producers, managing appointments, and maintaining compliance records often still depends on fragmented systems and manual intervention.

Fixing the producer bottleneck in insurance distribution

Producer licensing is one of those parts of insurance that tends to stay in the background until it starts slowing everything else down. As...
Simply Business, a digital insurance marketplace, has launched a business insurance app on ChatGPT in the US, alongside a separate rollout in the UK.

Simply Business brings small business insurance pricing into ChatGPT

Simply Business, a digital insurance marketplace, has launched a business insurance app on ChatGPT in the US, alongside a separate rollout in the UK. The...
Cytora, a digital risk processing platform, has announced a strategic relationship with LexisNexis Risk Solutions to embed advanced data and analytics into its platform for US commercial insurers.Cytora, a digital risk processing platform, has announced a strategic relationship with LexisNexis Risk Solutions to embed advanced data and analytics into its platform for US commercial insurers.

Cytora partners LexisNexis to enhance US commercial underwriting

Cytora, a digital risk processing platform, has announced a strategic relationship with LexisNexis Risk Solutions to embed advanced data and analytics into its platform...
INSTANDA, a no-code insurance platform provider, has partnered with DataCrest, a workflow solutions firm, to enhance submission intake and quoting efficiency for insurers and MGAs.

INSTANDA and DataCrest team up to streamline insurance submissions

INSTANDA, a no-code insurance platform provider, has partnered with DataCrest, a workflow solutions firm, to enhance submission intake and quoting efficiency for insurers and...
Openly, a tech-enabled homeowners insurance provider, has secured a growth investment round led by existing investors Eden Global Partners, Advance Venture Partners and Gradient, with strategic participation from Allianz X.

Openly boosts expansion plans with funding and Allianz Re deal

Openly, a tech-enabled homeowners insurance provider, has secured a growth investment round led by existing investors Eden Global Partners, Advance Venture Partners and Gradient,...
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