Tag: insurance brokers

Cybercrime tops insurance performance threats at 83% alongside AI readiness and...

Key views of trends negatively impacting insurance organisation’s performance: KPMG’s Insurance CEO Outlook surveyed 110 insurance CEOs across 11 markets, all leading organisations with revenues...

IntellectAI’s Magic Placement cuts quote workloads by 60%

Processing insurance quotes has long been one of the most time-consuming and error-prone tasks facing commercial brokers. IntellectAI is looking to change that with its...

Insurance CEOs identify agentic AI as a value driver with 44%...

KPMG's Insurance CEO Outlook surveyed 110 insurance CEOs across 11 markets, all leading organisations with revenues above $500m 44% of CEOs expect agentic...

Applied Systems acquires Cytora to expand AI in insurance

Applied Systems has acquired Cytora, a digital risk processing platform for the insurance sector, in a move aimed at strengthening its artificial intelligence (AI) capabilities.

AI-driven Magic Placement transforms underwriting with smarter document insights

Insurance brokers are under growing pressure to process increasingly complex documentation while maintaining accuracy and speed. From comparing quotes to evaluating binders and policies,...

Konsileo raises £8m to drive UK expansion in commercial broking

Chartered commercial broker Konsileo, which specialises in providing insurance services to mid-market businesses, has successfully raised £8m to support its expansion across the UK.

Stoïk secures $27m in Series B to bolster cyber insurance for...

Stoïk, a French InsurTech startup, recently secured Series B funding of €25m ($27m).

The impact of loss run data on insurance operations and negotiations

In the realm of InsurTech, the ability to accurately assess risk, calculate premiums, and determine policy renewals hinges significantly on understanding historical losses.

Talanx successfully completes acquisition of Liberty Seguros in Brazil

Talanx's Retail International division has successfully finalised the acquisition of of the business of Liberty Seguros with retail customers and small to mid-sized enterprises in Brazil.

Blitz Insurance collaborates with Ascend for payment and financing in InsurTech

Blitz Insurance, a specialty insurance carrier, and Ascend, a first-of-its-kind insurance payments platform, have announced a strategic partnership aimed at modernising payment experiences for insurance brokers in specialty markets.
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