James Bent, VP of Solutions Engineering at Virtuoso QA, explores strategies insurers can adopt to enhance AI alignment with business goals, in this latest Thought Leadership article.
Surface water flood forecasting specialist Previsico has announced a strategic partnership with Esri UK, a global leader in geographic information system (GIS) software, location intelligence, and mapping.
American Farmers & Ranchers Mutual Insurance Company (AFR), a leading provider of rural insurance in Oklahoma for over a century, has announced a strategic partnership with ZestyAI, a pioneer in AI-driven climate and property risk analytics.
Insly, a leading low-code software provider for the insurance industry, has unveiled FormFlow, its first AI-powered solution designed to revolutionise how managing general agents (MGAs) and insurers process broker submissions.
CoverGo, a global leader in no-code, AI-driven insurance technology for health, life, and property & casualty (P&C) sectors, has announced the launch of CoverGo Claims, its next-generation platform designed to transform health claims management for insurers and third-party administrators (TPAs).
Pints.ai has unveiled Autothought, a groundbreaking generative AI platform designed to revolutionise workflow automation in the insurance industry.
Insly, a leading low-code software provider for the insurance industry, has unveiled FormFlow, its first AI-powered solution designed to revolutionise how managing general agents (MGAs) and insurers process broker submissions.
CoverGo, a global leader in no-code, AI-driven insurance technology for health, life, and property & casualty (P&C) sectors, has announced the launch of CoverGo Claims, its next-generation platform designed to transform health claims management for insurers and third-party administrators (TPAs).
Pints.ai has unveiled Autothought, a groundbreaking generative AI platform designed to revolutionise workflow automation in the insurance industry.
Clearcover, a next-generation car insurance company, has expanded its call center operations to 24/7 availability through a partnership with Ada, a leader in AI-native customer service automation.
Aviva and NatWest Group have announced a five-year partnership to distribute Aviva protection insurance products through NatWest’s UK retail banking brands, including NatWest, RBS, and Ulster Bank.
Policy Expert, the award-winning home and motor insurance provider, has unveiled a significant new partnership with Bridgehaven Specialty UK Ltd (Bridgehaven) as a capacity provider.
B.P. Marsh & Partners Plc (AIM: BPM), a specialist private equity investor in early-stage financial services firms, has announced an additional investment of $12.6 million in XPT Group LLC, a leading U.S.-based insurance distribution platform.
Poncho, a Swiss startup specialising in weather-based refunds for outdoor experiences, has raised $617,000 in seed funding.
Indian insurtech startup Zopper has raised $25 million in a Series D funding round led by Elevation Capital and Dharana Capital, with continued support from existing investor Blume Ventures, Business Standard reports.
Chartered commercial broker Konsileo has successfully secured £8 million in funding to propel its expansion across the UK.
Insurtech startup Federato has announced the successful close of a $40 million Series C funding round, led by StepStone Group, with continued backing from existing investors Emergence Capital, Caffeinated Capital, and Pear VC.
Bolttech, a fast-growing global insurtech company, has announced the successful closure of a USD 50 million venture debt facility with HSBC.
Jonathan Jackson, CEO of Previsico, discusses the future of flooding insurance and the strategies and technologies that could help turn the tide, in the wake of Europe’s most recent tragedy
Simon Torrance, Founder and CEO of AI Risk, describes what he sees as the most advanced deployment of ‘Agentic AI’ anywhere in the insurance industry today, setting it in the context of other forms of AI-enabled augmentation and automation, and proposing a holistic approach to AI strategy that will help companies succeed in the Age of AI.
The EU AI Act was officially published by the European Commission in July 2024 after months of development. It is the first legislation aimed at regulating the development and use of AI across industries, with the goal of protecting the fundamental rights of citizens, writes Vlad Flamind, Lead Data Consultant, Zühlke
Insurtech Insights has partnered with ITN Business and is set to launch a new programme, “Redefining Insurance,” at the Insurtech Insights Europe Conference on March 19-20, 2025.
Africa Specialty Risks (ASR), a prominent (re)insurance group focused on Africa and the Middle East, has announced the appointment of Amit Khilosia as its new Chief Distribution Officer.
Angela Hunter, a leading figure in the insurance and healthcare sectors, leverages her extensive experience as a CEO, Board Member and now as a Senior Adviser to drive transformative change across Asia Pacific. We caught up with her to find out more
Arthur J. Gallagher & Co., a leading global insurance brokerage and risk management firm, has announced the acquisition of Shepard Insurance Group, a retail insurance brokerage headquartered in Old Greenwich, Connecticut.
Aon has announced a definitive agreement to acquire the insurance agency business of Mitsubishi Chemical Group (MCG), a prominent Japanese corporation.
Sony Financial Group, a subsidiary of Sony, has announced the acquisition of the Japanese insurtech startup JustInCase.
Hub International Limited (Hub), a prominent global insurance brokerage and financial services firm, has announced its acquisition of ANCO Insurance Managers, Inc. (ANCO Insurance), a major independent insurance brokerage based in Texas.
Howden, a global insurance intermediary group headquartered in London, has expanded its Asian footprint by acquiring Storfield Insurance Consultants Ltd., a Hong Kong-based brokerage specialising in general insurance for small-to-medium enterprises (SMEs) and high-net-worth (HNW) clients.
Centana Growth Partners has acquired a majority stake in First Connect Insurance Services, a leading insurtech platform that connects independent insurance agents with carriers.
Manulife Financial Corporation has announced that Roy Gori, its President and Chief Executive Officer, will retire on May 8, 2025. Phil Witherington, currently President and CEO of Manulife Asia, has been appointed as his successor and will join the company’s Board of Directors at the time of the leadership transition.
MAPTYCS, a leading provider of advanced analytics solutions for the insurance industry, has announced the appointment of Daniel Grimwood-Bird as Chief Revenue Officer.
Swiss Re has announced leadership changes within its organisation. Effective January 1, 2025, Jonathan Rake will assume the role of CEO of Swiss Re Solutions.
Marsh, the world’s leading insurance broker and risk advisor and a business of Marsh McLennan (NYSE: MMC), today announced the appointment of Alistair Fraser to the newly-created role of International Corporate & Commercial Leader.
Marsh, a leading global insurance broker and risk advisor, has announced key leadership appointments within its global placement practice.
In a strategic expansion, The Hartford has announced new leadership appointments within its Global Specialty division, aimed at enhancing innovation and providing a robust suite of products to meet diverse customer needs.
Sun Life Global Solutions has announced a strategic partnership with the Indian Institute of Technology (IIT) Indore to drive innovation in the insurance sector using cutting-edge technologies such as artificial intelligence (AI), machine learning, data analytics, and generative AI.
Moonrock Drone Insurance, a leading specialist managing general agent (MGA), has extended its insurance offerings to include coverage for hobbyist and recreational drone pilots.
Stephen Costello is the CEO and co-founder of Spectrum.Life – a trailblazing healthtech company that launched in 2018 and is revolutionising the way insurers, employers, and educators approach health, mental health, and wellbeing.
Poncho, a Swiss startup specialising in weather-based refunds for outdoor experiences, has raised $617,000 in seed funding.
Tesla released its Q3 2024 financial results for its insurance carriers, highlighting significant growth in written premiums alongside continued underwriting losses.
Akur8, a leading provider of next-generation insurance pricing and reserving solutions powered by transparent machine learning, has announced a strategic partnership with the American Association of Insurance Services (AAIS).
James Bent, VP of Solutions Engineering at Virtuoso QA, explores strategies insurers can adopt to enhance AI alignment with business goals, in this latest Thought Leadership article.
Zurich Resilience Solutions, the risk advisory division of Zurich Insurance Group, has launched Climate Spotlight, a cutting-edge digital tool designed to help organisations better understand and manage climate risks.
Stephen Costello is the CEO and co-founder of Spectrum.Life – a trailblazing healthtech company that launched in 2018 and is revolutionising the way insurers, employers, and educators approach health, mental health, and wellbeing.
Tesla released its Q3 2024 financial results for its insurance carriers, highlighting significant growth in written premiums alongside continued underwriting losses.
Global digital solutions provider leverages three decades of expertise to drive transformative change in insurance and investment industries.
Insurtech startup Federato has announced the successful close of a $40 million Series C funding round, led by StepStone Group, with continued backing from existing investors Emergence Capital, Caffeinated Capital, and Pear VC.
Accelerant Holdings has announced the public release of its advanced digital platform, app.accelerant.ai, aimed at enhancing underwriting and risk management capabilities for insurers and risk capital partners.
Simon Torrance, Founder and CEO of AI Risk, describes what he sees as the most advanced deployment of ‘Agentic AI’ anywhere in the insurance industry today, setting it in the context of other forms of AI-enabled augmentation and automation, and proposing a holistic approach to AI strategy that will help companies succeed in the Age of AI.
Global insurance broker Howden has launched a new platform designed to assist clients in evaluating and addressing climate-related challenges.
Cachet, a company specialising in insurance products for platforms and micromobility, has announced a new partnership with TaskRabbit to provide enhanced insurance options for freelancers.
The recent news that leading BNPL fintech, Klarna, has shed 700 staff (half its workforce) following the adoption of AI tools – and is more streamlined and profitable than ever before – should come as a wake-up call to many in the financial services space.
Swiss Re is forecasting an increase in demand for reinsurance protection due to heightened natural catastrophe risks, macroeconomic instability, and geopolitical tensions.
