Tag: Fintech

Limit, an InsurTech firm, has introduced the first generative AI exclusively designed for the Property & Casualty (P&C) sector.

Aspen Insurance Holdings Limited, a prominent global insurance and reinsurance company, has launched a new platform designed to advance its digital strategy and drive its data and artificial intelligence agenda forward.

AdvantageGo, a leading commercial insurance and reinsurance software provider, and FortifyData, a top provider of cyber risk management solutions, have announced a strategic alliance to improve cyber risk analysis for underwriters.

Global reinsurer MAPFRE RE, known for its robust presence in the insurance and reinsurance industry, has announced the appointment of Alberto Estevez Allegue as chief representative officer of its representative office in Tokyo, Japan.

Brookfield, one of the world’s largest private capital groups, has applied to establish an insurance entity in the UK.

Chubb Limited, a global insurance leader, has announced significant executive appointments within its North American general insurance business.

Najm for Insurance Services Company, a Saudi-based provider of comprehensive insurance solutions, has announced a new telematics initiative aimed at improving road safety across Saudi Arabia.

In the competitive landscape of insurance underwriting, the integration of risk data is emerging as a secret weapon to enhance the performance of your underwriting team. One way this can be exploited is through the use of loss control, a risk management method aimed at decreasing the likelihood of losses occurring and minimising the impact of any that do happen. Due to the clear benefits of this, numerous key industry players are now claiming that advanced loss control practices can transform the traditional underwriting processes, reducing claims while increasing renewals and premiums.  

Acrisure, a leading FinTech company that combines human intelligence with technology, has announced the appointment of Aaron Miller as its new chief financial officer.

Three years ago, a US insurance giant struggled to develop a Rules engine for their multiple user-facing applications. The project initially failed, leading them to enlist Symfa's expertise. Dmitry Denisko, senior software engineer at Symfa, delved into how the company reinvented the world of insurance business logic.