Sector Updates

Australian life insurer TAL, one of the country’s largest life insurance specialists, has joined forces with Cover Genius to launch a new embedded life insurance product.

TAL and Cover Genius launch digital life insurance

Australian life insurer TAL, one of the country’s largest life insurance specialists, has joined forces with Cover Genius to launch a new embedded life insurance product.
Vertical Insure, a Minneapolis-based InsurTech has raised $8.5m in equity financing, as disclosed in a Form D filing with the SEC on 12 June.

Vertical Insure lands $8.5m raise

Vertical Insure, a Minneapolis-based InsurTech has raised $8.5m in equity financing, as disclosed in a Form D filing with the SEC on 12 June.
Certificial, a US-based InsurTech firm, has launched its new Vendor Management Partner Program, uniting a broad and growing range of compliance, procurement and risk management platforms to modernise how insurance data is validated and shared.

Certificial launches Vendor Management Partner Program

Certificial, a US-based InsurTech firm, has launched its new Vendor Management Partner Program, uniting a broad and growing range of compliance, procurement and risk management platforms to modernise how insurance data is validated and shared.
The Managing General Agents’ Association (MGAA), which represents MGAs in the UK and Gibraltar, has entered a strategic partnership with market intelligence platform Insurance DataLab.

MGAA and Insurance DataLab team up to boost MGA insights

The Managing General Agents’ Association (MGAA), which represents MGAs in the UK and Gibraltar, has entered a strategic partnership with market intelligence platform Insurance DataLab.
Sure, a leading InsurTech provider, has launched the insurance industry’s first Model Context Protocol (MCP) capability, a pioneering development that allows AI agents to autonomously quote, bind, and service insurance policies.

Sure launches MCP to automate insurance with AI agents

Sure, a leading InsurTech provider, has launched the insurance industry’s first Model Context Protocol (MCP) capability, a pioneering development that allows AI agents to autonomously quote, bind, and service insurance policies.
Broadstone, a leading UK financial services consultancy, has acquired ExactVAL, a specialist provider of actuarial valuation and cashflow analysis services, to strengthen its position in the bulk purchase annuity market.

Broadstone snaps up ExactVAL to enhance life insurer analytics

Broadstone, a leading UK financial services consultancy, has acquired ExactVAL, a specialist provider of actuarial valuation and cashflow analysis services, to strengthen its position in the bulk purchase annuity market.
Cytora, an AI-driven digital risk processing platform used across the commercial insurance ecosystem, has unveiled Concierge, a major update to its platform.

Concierge by Cytora streamlines multi-request insurance workflows

Cytora, an AI-driven digital risk processing platform used across the commercial insurance ecosystem, has unveiled Concierge, a major update to its platform.
SmartStream, a global provider of financial Transaction Lifecycle Management (TLM®) solutions, has announced the expansion of its AI-powered reconciliation and data management platform, SmartStream Air, into the insurance sector.

SmartStream launches AI reconciliation tool for insurers

SmartStream, a global provider of financial Transaction Lifecycle Management (TLM®) solutions, has announced the expansion of its AI-powered reconciliation and data management platform, SmartStream Air, into the insurance sector.
Markel Insurance has announced the launch of InsurtechRisk+, a specialised insurance solution tailored for InsurTech businesses operating across multiple global markets.

Markel unveils InsurtechRisk+ to protect global InsurTechs

Markel Insurance has announced the launch of InsurtechRisk+, a specialised insurance solution tailored for InsurTech businesses operating across multiple global markets.
The Health and Protection insurance sector stands at a critical juncture. While consumers have grown accustomed to seamless digital experiences from the likes of Amazon, Google and Uber, insurers continue to fall short, according to Comarch. Today’s customers want digital services that value their loyalty and make interactions easy. Unfortunately, most Health and Protection insurers are burdened by outdated systems and an industry culture steeped in conservatism.

Health insurers stuck behind the digital curve

The Health and Protection insurance sector stands at a critical juncture. While consumers have grown accustomed to seamless digital experiences from the likes of...
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Latest Analysis

News Stories

The growing importance of agile pricing in consumer lending

The growing importance of agile pricing in consumer lending

Lending markets are moving at a faster pace than many institutions are used to. Interest rates shift frequently, competitors adjust offers more often, and...
Actuarial teams have long relied on a patchwork of tools to manage pricing, reserving and regulatory reporting. Models are built in one system, rate assets stored in another and final decisions are often implemented through entirely separate processes.

Inside the product strategy shaping Akur8’s actuarial platform

Actuarial teams have long relied on a patchwork of tools to manage pricing, reserving and regulatory reporting. Models are built in one system, rate...
Corgi Insurance has acquired the Corgi.com domain as it continues building what it describes as the first fully integrated, AI-powered insurance carrier.

Corgi Insurance buys Corgi.com to strengthen brand

Corgi Insurance has acquired the Corgi.com domain as it continues building what it describes as the first fully integrated, AI-powered insurance carrier. The company said...
Zurich Insurance US has extended its long-standing partnership with insurance software provider Insurity, continuing a collaboration that has spanned more than 30 years.

Zurich and Insurity extend 30-year insurance tech partnership

Zurich Insurance US has extended its long-standing partnership with insurance software provider Insurity, continuing a collaboration that has spanned more than 30 years. The agreement...
Infosys has agreed to acquire Stratus, a technology solutions provider focused on the property and casualty insurance sector, to strengthen its insurance technology and AI capabilities.

Infosys moves to acquire Guidewire partner Stratus

Infosys has agreed to acquire Stratus, a technology solutions provider focused on the property and casualty insurance sector, to strengthen its insurance technology and...
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