Tag: insurance sector

Insurance industry urged to strengthen cyber resilience amid evolving threats

Leading figures from the insurance and cyber security sectors have issued a unified call for insurers to enhance cyber resilience in response to a rapidly evolving threat landscape.

Only 20% of insurance execs are not considering AI for their...

359 senior insurance professionals were surveyed, managing over $13tn in assets on their balance sheets Only 20% of respondents haven’t considered AI, whereas...

MENA InsureLab secures backing from TIC to boost InsurTech innovation

MENA InsureLab, an InsurTech accelerator and venture builder, has secured strategic backing from TIC Technology Innovation Capital, a US-based venture capital firm. The investment comes...

Navigating the hype: Is generative AI the future of InsurTech

The buzz around Generative Artificial Intelligence (AI) in the insurance sector is undeniable. Each keynote, panel, and networking break at business conferences seem to...

Descartes Labs acquires Geosite: A strategic move to revolutionise geospatial analytics

Descartes Labs, a trailblazer in geospatial analytics and artificial intelligence (AI), has announced its acquisition of Geosite, a renowned SaaS provider known for delivering cutting-edge geospatial intelligence solutions to property and casualty insurance companies.

InsurTech Innovators: Battle for £50k prize at Norton Rose Fulbright’s 7th...

Norton Rose Fulbright, a global law firm, is currently inviting entries for its seventh Insurathon, an illustrious competition that fosters innovation in the InsurTech...

InsurTech Branch goes through second wave of layoffs according to reports

InsurTech startup Branch has recently undergone a second wave of layoffs, impacting 85 employees, following a previous cut of employees in June, according to sources from The Coverager.

Gallatin Point invests $1.25bn in TRUE to assist national expansion

Private investment firm Gallatin Point Capital LLC will acquire a majority stake worth $1.25bn in the attorney-in-fact for Trusted Resource Underwriters Exchange (TRUE).

Chubb expands insurance capabilities with new B2B2C Developer Portal

Chubb has announced the launch of its latest innovation designed to make it easier for its B2B2C partner companies to access and test its digital insurance products and capabilities.

Insurance transformation: exploring change with Hyperexponential

In the ever-evolving landscape of the insurance industry, achieving meaningful change extends far beyond the realm of structural shifts and organisational adjustments. The dynamics of insurance, like any other sector, are heavily influenced by the mindsets of employees and the fabric of organisational culture. 
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