Tag: insurtech

WTW, a prominent player in the insurance industry, has introduced a groundbreaking cyber insurance product specifically tailored for small and medium-sized enterprises (SMEs) with annual revenues below $50M. 

Insurance Europe, alongside nine other European associations, has called upon the European Commission’s President, Ursula von der Leyen, to expedite crucial EU legislation on access to vehicle data.

FullCircl, a prominent player in the InsurTech sector, recently offered its perspectives on the British Insurance Brokers' Association's (BIBA) newly unveiled 2024 Manifesto.

Insurity has launched an AI-powered analytics solution which it claims will revolutionise decision-making for P&C insurance carriers.

CarbonPool, a trailblazing company at the intersection of insurance technology and environmental sustainability, has successfully completed a funding round, raising a significant CHF 10.5 million ($12m).

Microinsurance provider MIC Global has successfully raised $6 million in a seed funding round, with Launchpad Capital leading the investment. 

In the rapidly evolving landscape of financial technology, the decision to deploy infrastructure either on-premises or in the cloud has become a critical choice for organisations. The preferences often vary based on factors such as operational needs, financial considerations, and overall business strategy. Software development company Symfa explores the reasons behind the growing trend of opting for on-premises data centres.

Allianz Direct, a subsidiary of the German insurance giant Allianz, is reportedly on the brink of acquiring the beleaguered French InsurTech Luko for approximately €5m.

Carbon Underwriting, a distinguished specialist and independent managing general underwriter, and Lloyd’s syndicate, has announced the appointment of Dale Willetts as Head of Specialty.

75% of key decision-makers in the healthcare, insurance, and financial services industries are now "comfortable" incorporating AI and automation into customer-facing strategies or communications, according to research from Customer Experience Automation™ (CXA) pioneer Ushur.