Tag: Insurance

Pawlicy Advisor reveals key hires to boost growth

Pawlicy Advisor, the foremost independent pet insurance marketplace, has made significant leadership additions to its team.

Hadron Insurance to enter UK market following Folgate acquisition

Hadron, a revolutionary insurer focused on aiding Managing General Underwriters (MGUs) in accelerating their growth, has announced its expansion into the UK market with the acquisition of Folgate Insurance Company.

Guy Carpenter launches cyber reinsurance offering

Guy Carpenter & Company, LLC, a prominent global risk and reinsurance specialist, has unveiled an innovative cyber reinsurance product.

The role of Machine Learning explainability in insurance

In the dynamic realm of insurance, a silent revolution is underway, orchestrated not by charismatic CEOs or flamboyant disruptors but by the enigmatic force of machine learning (ML). These complex algorithms have become insurance industry oracles, predicting claims and determining premiums with uncanny accuracy.

Nirvana Insurance selects Ascend to enhance direct bill processing capabilities

Nirvana Insurance has selected Ascend, a financial operations automation platform, to enhance and expand its direct bill processing capabilities. 

Porch receives $25m by securing strategic business collaboration with Aon

Porch Group, Inc. has received $25m following its entry into a strategic business collaboration agreement with Aon.

Python in insurance: Paving the way for actuaries and insurers

The insurance sector, traditionally slow in embracing modernisation, is progressively adopting programming languages to refine workflows and bolster decision-making capabilities. Among these, Python has...

UK InsurTech funding defies global trends

UK InsurTech companies saw their funding double in 2023 compared to the previous year, defying global trends from across the sector.

Amazon slams doors on UK Insurance Store after only 15 months

Amazon has announced the closure of its UK Insurance Store 15 months after its October 2022 launch.

75% of insurance organisations set to replace core insurance management platforms...

75% of insurance organisations will replace core insurance management platforms by 2025, according to a new global report from Novidea. 
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