Tag: insurtech

XILO raises $7.2m to enhance digital quoting solutions for insurance agencies

San Diego-based XILO, an InsurTech company providing quoting software for independent insurance agencies, has raised $7.2m in its latest Series A funding round.

Hiscox launches enhanced financial institutions cover with multi-line protection

Hiscox, a leading global specialist insurer, has launched a new Financial Institutions (FI) offering, significantly enhancing the range of cover available to businesses. The move...

How AI is revolutionising underwriting

A recent report by Capgemini highlights that 62% of insurance executives acknowledge AI and machine learning as crucial for enhancing underwriting quality and reducing fraud. However, only 43% of underwriters consistently trust predictive analytics recommendations. This discrepancy raises an essential question: how can AI truly transform underwriting, and what trends are driving its adoption in the InsurTech industry? Custom software development company Symfa investigates.

Skipton Building Society partners with Uinsure to enhance home insurance accessibility

Skipton Building Society has announced a new partnership with Uinsure, an award-winning InsurTech provider, to offer more accessible, affordable, and streamlined home insurance for its members.

Clearcover launches General Agency to bring digital-first insurance to Texas drivers

Clearcover, a digital-first InsurTech company focused on modernising car insurance, has announced the launch of Clearcover General Agency (CGA) to serve the non-standard auto insurance market in Texas.

Alta Signa expands insurance capacity with Westfield Specialty International partnership

Alta Signa has added Westfield Specialty International to its insurance capacity panel, enhancing its ability to underwrite Directors & Officers (D&O) and Financial Institutions (FI) risks across the European Economic Area (EEA) and Switzerland.

Ki Insurance and QBE partner to expand digital follow capacity for...

Ki Insurance has partnered with QBE Insurance to expand broker insurance solutions by adding the firm as a capacity partner on its Lloyd’s-based digital follow platform.

Battleface and Wingie join forces to offer embedded travel insurance

Battleface has partnered with Wingie, a leading MENA travel marketplace, to integrate its embedded travel insurance solutions into its booking platform. This integration ensures that...

Lloyd’s appoints Alexandra Cliff as new CFO

Lloyd’s, the world’s leading marketplace for insurance and reinsurance, has appointed Alexandra Cliff as its new chief financial officer (CFO), effective 1 May 2025.

Concirrus launches near 100% accurate submission ingestion and instant quoting technology

Concirrus, a leading InsurTech innovator, has unveiled transformative technology that delivers nearly 100% accuracy in submission ingestion alongside instant rating and quoting capabilities.
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