Tag: Underwriting

Founded in 2005, Ascent has a key mission: help insurers and reinsurers become more profitable by accelerating their ability to transact. We recently spoke to CCO George Earp and Principal Architect Konrad Pfeffer to find out more.

Planck has unveiled a 'game-changing' underwriting tool that incorporates advanced Generative AI (GenAI) functionalities.

Everest has established a new wholesale division to serve the US excess and surplus (E&S) and programs markets. The global underwriter providing property, casualty, and...

Inari, described as a "core technology infrastructure provider for the global insurance and reinsurance industry", has successfully secured $5.2m in a seed funding round. This was led by Caixa Capital Risc, operating through Criteria Venture Tech.

The Loss Control Maturity Model has transformed the way companies think about their processes, particularly with the introduction of FinTech solutions. Risk Control Technologies has garnered insights from over 150 customers. It has found that the majority of loss control departments could have benefitted from a software platform much earlier than they realised. The primary challenge? Many didn't know where or how to initiate the journey.

The aviation sector, with its rich tapestry of innovations and challenges, has always mirrored the intricacies of our rapidly evolving world. From major incidents like 9/11 and the subsequent geopolitical challenges, to facing global health crises such as the COVID-19 pandemic and the growing demands of climate action, aviation has consistently proven its resilience.

Successful pricing and underwriting transformation mandates not just a vivid vision but the sustained momentum to actualise it. This transformation isn't a one-size-fits-all approach; it varies for each business. Yet, the goal remains consistent: refining the process of assessing and insuring risk.

Converge Insurance, a leading managing general agent (MGA) specialising in cyber risk management and underwriting, announced its successful raising of $15m in Series A funding.

Pen Underwriting has recently announced changes to its divisional structure as it aims to continue its growth.  

In the current dynamic InsurTech landscape, the significance of risk data analytics and a centralised risk data platform is undeniable.