Tag: insurtech

Optalitix, a provider of advanced insurance underwriting software, has announced a strategic partnership with PwC to provide innovative underwriting solutions to insurers operating at Lloyd’s and within the broader London Market.

Uinsure, a Manchester-based InsurTech specialising in innovative insurance solutions, has promoted Ross Tyler to chief technology officer (CTO) as it prepares for further expansion in 2025.

Atec Group, the insurance distribution and growth platform, has announced the appointment of Steve Woodford as its chief technology officer (CTO).

Evidently, an AI platform transforming healthcare workflows, has raised $15m in Series A funding in a round led by DN Capital.

A Fortune 500 insurance carrier recently embarked on an ambitious journey to transition its on-prem big data ETL platform to the cloud. This initiative was spearheaded by the client’s largest Azure service partner. The promise? Enhanced speed and scalability for data transfer, mapping, and verification. Ivan Sokolov, BI and ETL developer at Symfa, explained its role in the transition.

In today’s fast-changing insurance industry, addressing the human side of risk is more important than ever. Insurance has evolved beyond just policies and claims, focusing instead on fostering safety, trust, and collaboration between insurers and their clients. Risk service plans tailored to these human factors can create significant advantages for all parties involved, fostering a win-win scenario, according to Risk Control Technologies.

Previsico, a surface water flood forecasting specialist, has partnered with Esri UK to mitigate the increasing risks posed by surface water flooding for businesses and organisations in the UK.

Benekiva, a prominent InsurTech company transforming claims and servicing operations, has announced the appointment of four industry veterans to its leadership team.

Mahindra Finance, one of India's leading non-banking financial companies (NBFCs), is set to bring tailored general insurance solutions to its extensive customer base through a new partnership with Magma HDI General Insurance Company.

Customer retention is more than just a metric in the insurance sector—it underpins profitability and sustainable growth. As the industry evolves and consumer expectations rise, insurers must innovate to retain customers and maintain a competitive edge. Digital health technology platform dacadoo explores nine key actionable strategies for life and health insurers to foster loyalty and drive long-term customer engagement.