Tag: Data analytics

Akur8 and Wüstenrot Gruppe have announced a new collaboration aimed at enhancing Wüstenrot’s pricing capabilities in Austria.

The Loss Control Maturity Model has transformed the way companies think about their processes, particularly with the introduction of FinTech solutions. Risk Control Technologies has garnered insights from over 150 customers. It has found that the majority of loss control departments could have benefitted from a software platform much earlier than they realised. The primary challenge? Many didn't know where or how to initiate the journey.

Specialty insurance classes pose some of the most intricate pricing challenges in the insurance industry. Their rapidly evolving dynamics, coupled with their long-term nature, demand prices capable of standing the test of time. Gathering sufficient data for these specialty lines often proves difficult due to the nascent stage of many of these books and the inherent complexities in data collection.

Ennabl, an innovator in the InsurTech industry, with a data analytics platform that empowers insurance brokers and agencies, has announced a successful Series A fundraising round.

Foxquilt, a prominent North American insurance technology (InsurTech) firm, specialising in catering to small businesses and micro-enterprise markets, has made a thrilling announcement of securing $12m in a funding round.

Managing General Agents (MGAs) are becoming increasingly instrumental in the global insurance market by targeting niche or underserved sectors. With approximately 600 MGAs in...

Data analytics service provider Verisk has acquired Franco Signor, a Medicare Secondary Payer (MSP) service provider, in a deal worth $160m.

Data provider Powerlytics has scored $4m in a funding round from FinTech-focused investor Brewer Lane Ventures.

Data analytics platform Verisk is partnering with global reinsurer PartnerRe to build new solutions to evolve underwriting and customer experiences.