Tag: insurtech

WTW appoints Mark Mamone to lead technology delivery and strategy

WTW, a global advisory, broking and solutions company, has announced the appointment of Mark Mamone as head of technology delivery and strategy within its insurance consulting and technology (ICT) business.

Budget Direct Insurance unveils new commercial vehicle insurance product for small...

Budget Direct Insurance, a prominent digital insurer in Singapore, has unveiled its new Commercial Vehicle Insurance product.

SBLI partners with Swiss Re to transform life insurance underwriting

SBLI, The Savings Bank Mutual Life Insurance Company of Massachusetts, is set to transform life underwriting by leveraging Swiss Re’s Underwriting Ease solution through...

The role of ESG data in modern insurance underwriting

Insurance firms have begun implementing environmental, social and governance (ESG) data into their offerings amidst a swell of pressure from stakeholders. This data is transforming underwriting profitability, enabling better risk assessments, product innovation, and regulatory compliance. 

Tokio Marine Holdings names Masahiro Koike as new CEO

Tokio Marine Holdings, a global leader in the insurance industry, has announced the appointment of Masahiro Koike as its new President and CEO.

Instabase bags $100m to expand its AI-powered data platform

Instabase, a leading applied artificial intelligence (AI) platform for unstructured data, has announced its $100m Series D funding round.

Inside the growing challenge of complex underwriting rules

The Earnix 2024 Industry Trends report revealed that nearly 75% of insurers have hundreds of rules embedded in their underwriting systems, with 18% stating they manage thousands. This overwhelming number of rules can complicate processes and impede efficiency. In response to these stark figures, Earnix is delving into how insurers can address these complexities and streamline their underwriting processes.

PayPal Ventures leads $13m Series B round for InsurTech Olé Life

Olé Life, a leading Latin American InsurTech, has raised $13m in a Series B funding round led by PayPal Ventures.

Lazada and Peak3 partner to launch Southeast Asia’s leading embedded insurance...

Lazada, Southeast Asia’s leading eCommerce platform, and Peak3, a global leader in InsurTech, have announced a strategic joint venture (JV) aimed at creating the...

Africa Specialty Risks strengthens African reinsurance footprint with Lloyd’s service company

Africa Specialty Risks (ASR), the pan-African and Middle East-focused (re)insurance group, has launched Africa Specialty Risks Mauritius as a Lloyd’s service company.

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