Sector Updates

Zorro secures $20m to transform AI-powered health benefits

Zorro secures $20m to transform AI-powered health benefits

Zorro, a next-generation benefits administration platform, has secured $20m in Series A funding as it looks to transform how healthcare benefits are delivered to brokers, employers and employees across the United States.
Mylo, a small business insurance broker, and UENI, a website-building and digital marketing platform, have announced a strategic partnership aimed at helping small businesses strengthen their online presence while also securing essential insurance coverage.

UENI partners with Mylo to simplify insurance for SMEs

Mylo, a small business insurance broker, and UENI, a website-building and digital marketing platform, have announced a strategic partnership aimed at helping small businesses strengthen their online presence while also securing essential insurance coverage.
PremFina, the UK’s fastest-growing insurance premium finance provider, has announced a major funding milestone through the completion of a £350m private securitisation facility, supported by HSBC and Waterfall Asset Management.

PremFina secures £350m facility for UK expansion

PremFina, the UK’s fastest-growing insurance premium finance provider, has announced a major funding milestone through the completion of a £350m private securitisation facility, supported by HSBC and Waterfall Asset Management.
bolt, a digital insurance distribution platform known for connecting insurers and agents through a seamless interface, has partnered with Arch Insurance Company to offer annual multi-trip travel insurance to consumers via bolt’s agent network.

Arch Insurance joins forces with bolt to simplify travel insurance

bolt, a digital insurance distribution platform known for connecting insurers and agents through a seamless interface, has partnered with Arch Insurance Company to offer...
Matic Insurance, a US-based digital insurance broker specialising in embedded insurance solutions, has announced a strategic partnership with Floify, a mortgage automation platform and a subsidiary of Porch Group, which offers digital tools to streamline the home loan process.

Matic and Floify partner to streamline mortgage insurance

Matic Insurance, a US-based digital insurance broker specialising in embedded insurance solutions, has announced a strategic partnership with Floify, a mortgage automation platform and...
Berlin-based InsurTech Feather, known for simplifying insurance for expatriates, has launched its new Business Insurance offering to modernise how international businesses manage employee benefits and protection.

Feather launches business insurance for expat teams

Berlin-based InsurTech Feather, known for simplifying insurance for expatriates, has launched its new Business Insurance offering to modernise how international businesses manage employee benefits and protection.
Cost-cutting vs growth: A guide for insurers

Cost-cutting vs growth: A guide for insurers

The insurance sector is at an important crossroads. It is currently in a period of increased competition and market pressure, meaning existing growth and profitability strategies are under strain. They need to find a way to cope with this market pressure but not stifle their future growth.

Kin Insurance adopts ZestyAI wildfire model for expansion

ZestyAI, an artificial intelligence-driven property risk analytics firm, has entered into a strategic partnership with Kin Insurance, a digital, direct-to-consumer home insurance provider focused on catastrophe-exposed markets.
SOVENTURE Insurance, a specialist in flexible travel insurance and part of InsureMyTrip, a trusted name in global travel protection, has unveiled a new suite of travel insurance plans tailored specifically for digital nomads and adventure seekers.

SOVENTURE unveils flexible travel cover for adventurers

SOVENTURE Insurance, a specialist in flexible travel insurance and part of InsureMyTrip, a trusted name in global travel protection, has unveiled a new suite of travel insurance plans tailored specifically for digital nomads and adventure seekers.
In many parts of Southeast Asia, insurance brokerage remains a highly manual business. Email threads, spreadsheets, and hand-entered data are still standard practice for numerous firms operating under tight margins and lean staffing. For years, this model was sufficient. But now, pressures are mounting, according to Novidea.

Southeast Asia’s brokers need tech that fits

In many parts of Southeast Asia, insurance brokerage remains a highly manual business. Email threads, spreadsheets, and hand-entered data are still standard practice for numerous firms operating under tight margins and lean staffing. For years, this model was sufficient. But now, pressures are mounting, according to Novidea.

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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