Sector Updates

Acrisure, a global FinTech leader providing intelligence-driven financial services and solutions, has announced the appointment of Benjamin Funk as its new chief technology and chief AI officer.

Acrisure hires Benjamin Funk to lead AI and tech strategy

Acrisure, a global FinTech leader providing intelligence-driven financial services and solutions, has announced the appointment of Benjamin Funk as its new chief technology and...
Specialty Program Group (SPG), a leading insurance specialty and wholesale brokerage, has partnered with Vertafore, a top provider of InsurTech solutions, to enhance digital experiences for its retail agencies and improve operational efficiency across its partner network.

SPG partners with Vertafore to modernise agency workflows

Specialty Program Group (SPG), a leading insurance specialty and wholesale brokerage, has partnered with Vertafore, a top provider of InsurTech solutions, to enhance digital experiences...
Unitary, an AI automation firm, has launched its Virtual Agents for Insurance to help insurers streamline workflows, reduce costs, and accelerate automation without system overhauls.

Unitary launches AI Virtual Agents for insurance automation

Unitary, an AI automation firm, has launched its Virtual Agents for Insurance to help insurers streamline workflows, reduce costs, and accelerate automation without system...
For decades, provider support in health plans has relied on call centres to handle benefit verifications, claim checks, and credentialing updates. While necessary, these interactions are repetitive, slow, and costly. Benefits verification alone can account for 60–70% of calls, highlighting the inefficiency of traditional provider support models.

How Ushur is modernising healthcare support operations

For decades, provider support in health plans has relied on call centres to handle benefit verifications, claim checks, and credentialing updates. While necessary, these...
Insurance compliance teams have long relied on rules-based monitoring as the cornerstone of anti-money laundering (AML) programmes. Fixed thresholds and predefined alerts offer simplicity and auditability, but as financial crime becomes more complex, this approach is increasingly insufficient, according to SymphonyAI. 

How can insurance firms stop financial crime effectively?

Insurance compliance teams have long relied on rules-based monitoring as the cornerstone of anti-money laundering (AML) programmes. Fixed thresholds and predefined alerts offer simplicity...
Akur8, a next-generation insurance pricing and reserving solution, has been selected by Branch, an innovative insurance company leveraging data, technology, and automation, to transform its actuarial workflows.

Akur8 selected by Branch to modernise actuarial pricing

Akur8, a next-generation insurance pricing and reserving solution, has been selected by Branch, an innovative insurance company leveraging data, technology, and automation, to transform...
dacadoo, a digital health engagement company, has partnered with Specialist Direct, a digital health solutions subsidiary of Swisstec, to provide a holistic health experience that supports users from initial recovery through sustained wellbeing.

dacadoo and Specialist Direct partner to transform digital health

dacadoo, a digital health engagement company, has partnered with Specialist Direct, a digital health solutions subsidiary of Swisstec, to provide a holistic health experience...
ZestyAI, a leading provider of AI-driven property risk analytics, has announced a partnership with Brava Roof Tile, a provider of premium synthetic roofing solutions, to validate the performance of its roofing systems in real-world storm conditions.

ZestyAI brings data-driven roof analytics to Brava Roof Tile

ZestyAI, a leading provider of AI-driven property risk analytics, has announced a partnership with Brava Roof Tile, a provider of premium synthetic roofing solutions,...
Pyq AI, a Y Combinator-backed workflow automation company, has launched Mulligan, an end-to-end AI automation platform designed for commercial insurance brokers.

Pyq AI unveils Mulligan to streamline broker workflows

Pyq AI, a Y Combinator-backed workflow automation company, has launched Mulligan, an end-to-end AI automation platform designed for commercial insurance brokers. The firm, which...

Breaking through the efficiency plateau: How insurers can unlock the next wave of productivity...

Over the past decade, insurers have poured money and effort into digital. Core policy systems have been upgraded, portals rolled out, mobile apps launched....

News Stories

Mapfre takes 38.9% stake in InsurTech Tuio

Mapfre takes 38.9% stake in InsurTech Tuio

Mapfre, the insurance group, has agreed to take a holding in Tuio, a specialist digital insurance distributor built on advanced technology and a mature...
Verisk deepens event response with MIS acquisition

Verisk deepens event response with MIS acquisition

Verisk, a strategic data analytics and technology partner serving the global insurance sector, has completed the purchase of McKenzie Intelligence Services (MIS), a firm...
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...
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