We regularly curate the latest news and insights to create the largest platform for knowledge-sharing and development within the world’s insurance industry.
Budget Direct Insurance, a prominent digital insurer in Singapore, has launched a new Commercial Vehicle Insurance product tailored to meet the diverse needs of businesses.
Urban Jungle, the leading insurtech provider, today announced the launch of its travel insurance product, marking a significant milestone for the company as it expands its product offerings beyond home insurance.
Mike Lloyd, co-founder and former COO of cyber insurance startup Corvus Insurance, has launched Pine View Insurance Group, a new independent agency specialising in high-net-worth insurance.
Global broking and advisory firm Willis Towers Watson (WTW) has introduced a cutting-edge cyber insurance facility, CyCore Asia, designed to address the escalating cyber security risks facing businesses in Hong Kong and Singapore.
McGill and Partners, a leading independent global specialty insurance and reinsurance broker, has launched a pioneering war risk reinsurance facility for commercial property in Ukraine.
Direct Line Group (DLG), the company behind iconic UK brands like Direct Line, Churchill, and Green Flag, has introduced an industry-leading Vehicle Damage Assessor (VDA) accreditation program.
Africa Specialty Risks (ASR), a leading (re)insurance group focused on Africa and the Middle East, has announced the launch of Baobab, the first-ever Africa-focused Lloyd’s Consortium.
Boxx Insurance has announced the launch of Cyber Assist, a new cybersecurity solution for business travelers, developed in partnership with World Travel Protection.
Clearcover has announced the launch of Clearcover General Agency (CGA) to serve the non-standard auto insurance market in Texas.
AXA – Global Healthcare has introduced an innovative digital solution designed to revolutionise health and wellbeing management.
Allianz Partners and Mazda Motor Europe have announced an expansion of their partnership for Premium Roadside Assistance services.
Zurich Resilience Solutions, the commercial risk advisory unit of Zurich Insurance Group, has launched Climate Spotlight, a state-of-the-art digital solution designed to help businesses and public entities tackle climate risks.
Global advisory and solutions company WTW has unveiled new artificial intelligence enhancements to its flagship financial modelling and reporting software, RiskAgility Financial Modeller (RiskAgility FM).
Porsche Auto Insurance (PAI) has introduced a new Unlimited insurance product tailored for Porsche owners who drive over 10,000 miles annually.
Flow Specialty, a leading specialty insurance wholesale broker, today announced the launch of Platformless AI, a groundbreaking approach to redefining the wholesale insurance experience.
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.
Canara HSBC Life Insurance has launched OmniGen AI, a generative AI-powered solution built on AWS Bedrock, aiming to transform underwriting processes and enhance customer experience.
Neutrinos, a leader in enterprise automation technology, has launched the Neutrinos Marketplace, a platform designed to accelerate automation initiatives across the insurance value chain.
Leading embedded insurance platform Embri has broadened its product portfolio to include insurance coverage for bicycles and high-end technology.
Singapore-based insurtech startup Igloo has introduced its direct-to-consumer platform, igloo.co.id, in Indonesia. This new platform aims to expand Igloo’s presence in the insurance value chain while simplifying access to coverage for consumers.
Global digital solutions provider leverages three decades of expertise to drive transformative change in insurance and investment industries.
Missouri-based algorithmic underwriting provider iCover has introduced iCover Direct™, a new online marketplace for life, health, and wellness products.
Remote, a leading global HR platform and payroll provider, has partnered with Kota to launch Remote Global Benefits, a streamlined solution for managing and administering multi-country health insurance plans.
Coalition has announced the launch of Security Copilot, an AI-powered assistant designed to provide real-time, personalised guidance for managing cybersecurity risks.
Openkoda has announced the launch of Openkoda 2.0, a groundbreaking open-source enterprise platform designed to accelerate the development of modern insurance applications.
Previsico, a leader in surface water flood forecasting, has launched Instacasting, a new solution designed to improve the accuracy of flood risk predictions.
Aon has launched its Cyber Risk Analyzer, a cutting-edge digital application designed to help risk managers make technology-enabled, data-driven decisions to mitigate cyber risks.
Guidewire Software has introduced its latest platform release, Las Leñas, and showcased new AI-driven capabilities during its annual customer conference, Connections.
BMS Group, an independent specialist in insurance and reinsurance brokering, has launched “BMS Bacchus,” a new stock throughput insurance solution tailored specifically for the wine industry.
Parametrix, a leader in parametric cyber insurance solutions, has introduced “Parametrix Enterprise Solutions,” a new type of insurance tailored to cover costs associated with digital interruptions.
Zywave has announced a first-of-its-kind enhancement to its Cyber Quoting solution with the addition of embedded benchmarking.
Bindable, a leading InsurTech firm specialising in alternative distribution technology and services, has introduced a streamlined solution for organisations interested in establishing their own property and casualty (P&C) insurance agencies.
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.
Previsico has announced the launch of its advanced AI-driven flood forecasting alert service in the Republic of Ireland.
WTW (NASDAQ: WTW), a global leader in advisory, broking, and solutions, has introduced ResQ Machine-Led Reserving, a groundbreaking tool aimed at redefining best practices in insurance reserving.
Best Insurance has launched a new AI-powered WhatsApp service that allows customers to obtain quotes, ask questions, and complete insurance purchases directly through the popular messaging app.
Vienna Insurance Group (VIG) has announced the launch of Cyber Risk Solutions GmbH (CyRiSo), a new subsidiary focused on helping small and medium-sized enterprises (SMEs) mitigate cybersecurity threats and manage the aftermath of cyber incidents.
The Hartford and Coalition today announced a strategic, long-term capacity partnership to address the increasing demand for innovative cyber insurance solutions in the UK market.
Prudential Hong Kong has taken a significant step forward in the insurance industry by launching MedScreen+, a cutting-edge digital underwriting tool developed in collaboration with Reinsurance Group of America (RGA).
Beazley, a leading specialist insurer, has launched FLEX, a new consortium that provides financial institutions with combined coverage for civil liability, crime, fraud, Directors & Officers (D&O), and cyber risks.
AXA XL has announced the launch of a new coverage extension for its cyber insurance product designed to address specific risks associated with generative AI (Gen AI).
Tune Protect Re Limited, a global travel and lifestyle reinsurance specialist, has partnered with bolttech Insurance, the Hong Kong general insurance arm of international insurtech bolttech, to launch AirAsia Travel Insurance for Hong Kong customers.
Mission Underwriting has announced the launch of Carrow Insurance, marking the 25th Managing General Agent (MGA) to join the Mission group globally.
MassMutual has announced that it is the first insurer in the United States to offer eligible policyholders free access to Wysa Assure, an AI-powered conversational mental health app developed by Wysa and Swiss Re.
Blueberry Life, formerly known as Bluezone Insurance, has launched an innovative life insurance solution aimed at addressing the challenges faced by millions of people with chronic health conditions in obtaining coverage.
QBE International Markets is expanding its specialty product suite with the launch of a new US Inland Marine offering in 2025.
LexisNexis Risk Solutions has announced the launch of LexisNexis Life Smart Path, a new solution designed to streamline the life insurance application and underwriting process.
Concert Group has officially announced the full operational launch of its risk retention platform, Harmony Re.
hyperexponential, a global pricing platform for re/insurers, has announced the launch of its first templated reinsurance pricing model, designed for treaty reinsurance, including Excess of Loss (XoL) agreements.
Coterie Insurance has expanded its product offerings to include cyber insurance. In partnership with Berkley Re Solutions and TransUnion, Coterie now provides comprehensive cyber coverage to small businesses.
Qantev, a leading provider of AI-powered claims management solutions for health and life insurers, has secured €30 million in a new funding round led by Blossom Capital.
InsurTech company Intelligent AI has teamed up with the Building Cost Information Service (BCIS), a renowned organisation with over 60 years of expertise in construction cost data, to launch an innovative AI-powered platform designed to revolutionise property reinstatement cost assessments.
Penguin Benefits, a provider of parental leave planning technology, has expanded its platform to cover all 50 states and the District of Columbia.
Majesco has announced the launch of its highly anticipated Fall ’24 Release, featuring transformative innovations designed to redefine the insurance industry.
Berlin Direkt Versicherung, the digital insurance arm of HanseMerkur Insurance Group, has teamed up with Blink Parametric to launch an innovative travel insurance bundle for its online customers.
Beazley, a leading specialty insurer, has introduced a new cyber insurance offering, Beazley Quantum.
Starwind Specialty Insurance Services, a subsidiary of TIH, has announced a partnership with Stone Point Credit to establish Fractal Re, a new collateralised reinsurer aimed at enhancing reinsurance capacity across Starwind’s diverse portfolio of casualty programmes.
Flora Fertility, an innovative insurtech company, has closed an oversubscribed pre-seed funding round, raising $1.5 million to develop and launch the first individually-owned fertility insurance solution across the US and Canada.
Lockton has announced the launch of Lockton Pulse, a cutting-edge digital insurance platform designed to cater to the needs of small and medium-sized enterprises (SMEs) and individuals in Australia.
Adaptive Insurance has unveiled a groundbreaking parametric insurance platform powered by artificial intelligence (AI), aimed at transforming how businesses manage climate-related risks.
Hippo has announced the expansion of its New Homes Program, increasing access to home insurance in California, Florida, and Texas.
Global reinsurance giant SCOR has launched SCOR Digital Solutions, a new platform designed to integrate and enhance its core Life & Health (L&H) digital tools.
AXA Climate has launched Altitude, a groundbreaking platform designed to assist businesses in measuring climate risks, implementing adaptation strategies, and fulfilling Corporate Sustainability Reporting Directive (CSRD) requirements.
Duck Creek Technologies, a leader in intelligent solutions for property and casualty (P&C) insurance, has launched its new Duck Creek Payments Facilitator, a comprehensive payment solution tailored specifically for the insurance industry.
RSA has announced the launch of its latest Financial Risks product, Directors’ and Officers’ (D&O) Protection, expanding its established Professional and Financial Risks portfolio.
Fathom, a leading provider of catastrophe risk modeling solutions, has launched Global Flood Cat, a comprehensive flood catastrophe model that empowers risk managers to accurately assess financial losses from flood events.
Earnix, a global leader in intelligent decisioning SaaS solutions for the financial services sector, has launched Earnix Lending Plus, a comprehensive AI-powered platform that merges advanced pricing analytics with automated credit risk decisioning.
Insurity, a leading provider of insurance software, has introduced a new AI-powered document intelligence solution designed to streamline data extraction processes for insurers and MGAs.
As cybercrime continues to target business travelers around the world, BOXX Insurance Inc., a global leader in cyber insurance and security, has partnered with World Travel Protection (WTP), part of the Cover-More Group, to introduce Cyber Assist, a cutting-edge cyber protection tool designed to safeguard business travelers from emerging online threats.
EXL has launched a new AI model designed specifically for the insurance industry.
AXA Hong Kong and Macau has launched a groundbreaking Heatwave Parametric Insurance aimed at shielding outdoor workers from the rising risks posed by extreme heat during the summer months.
AXA UK has launched a new digital service designed to streamline the insurance claims process for customers.
Tokio Marine Kiln (TMK) and Marsh have announced the launch of an exclusive insurance facility designed to cover business interruption arising from trade disruption for ports and terminals.
Tower Insurance and CelsiusPro have announced the launch of a new parametric insurance platform for Fiji and Tonga, starting with Cyclone Response Cover.
Sompo International, a leading global specialty insurer, has announced the launch of a new national marine insurance proposition for the UK market.
Orion180, a leading innovator in the insurance industry, has expanded its admitted homeowners insurance offerings to North Carolina.
West Bend Insurance Company has announced an expansion of its partnership with ZestyAI, a leading provider of climate and property risk analytics powered by artificial intelligence (AI).
Envelop Risk, a leading UK-based global specialty cyber reinsurance MGA with offices in Bristol, London, Bermuda and San Francisco, has announced the launch of a new services business, Envelop Risk Solutions.
SureChoice Underwriters Reciprocal Exchange (SURE), a policyholder-owned reciprocal exchange, has partnered with SageSure, a leading managing general underwriter focused on catastrophe-exposed markets, to unveil its first non-admitted business owners policy (BOP) in California.
Global insurance broker Howden has launched a new platform designed to assist clients in evaluating and addressing climate-related challenges.
RWS, a global leader in technology-driven language, content, and intellectual property solutions, has announced a multi-year Strategic Collaboration Agreement with Amazon Web Services (AWS) to launch new solutions powered by generative AI.
Kyber, a Y-Combinator-backed AI startup, has unveiled a groundbreaking platform designed to automate the claims notification process for insurance teams.
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.
Insurance broker Marsh and Lloyd’s underwriter Tokio Marine Kiln (TMK) have introduced a new business interruption insurance product designed to protect ports against increasing trade disruption risks.
Louisiana Workers’ Compensation Corporation (LWCC), the largest workers’ compensation carrier in Louisiana, has selected Akur8’s Core Platform solution to enhance its predictive modeling capabilities and strengthen underwriting insights.
Pivix Specialty Insurance Services, a new managing general agency (MGA) focused on the Excess and Surplus (E&S) lines market, has officially launched.
Pineapple Financial, a Canadian mortgage company, has officially launched Pineapple Insurance, marking a significant expansion of its business.
INSTANDA, a global leader in SaaS platform technology for the insurance industry, has announced its integration with Swiss Re’s automated underwriting platform, Magnum.
Munich Re North America Life has launched a new longevity reinsurance solution tailored for the US and Canadian markets, offering clients the ability to accumulate assets while mitigating biometric risks.
Cyber insurance startup Cowbell has announced an expansion of its underwriting capacity, enabling it to cover businesses with annual revenues of up to $1 billion.
Healthee, a leader in health benefits technology, has announced the launch of its enhanced app, set for early 2025.
Insurtech firm Optalitix has announced a new partnership with Go.Compare, bringing its unique motor and home insurance pricing solution to insurers via the popular comparison site.
IS2, a leading provider of digital distribution platform (DDP) solutions, has unveiled its new API-enabled hosted pricing solution, designed to transform distribution for commercial insurers and Managing General Agents (MGAs).
Guidewire (NYSE: GWRE) has announced the availability of comprehensive data and maps detailing hurricane risk across the U.S., powered by HazardHub’s extensive dataset of over 1,000 climate risk factors.
HDI Global Insurance Company, the US branch of the global commercial insurer HDI Global SE, has announced the launch of its new excess Life Sciences Liability policy.
Envelop Risk, a specialist in cyber reinsurance and analytics, has launched a new services division called Envelop Risk Solutions, aimed at providing comprehensive support to insurers and reinsurers looking to strengthen their cyber capabilities.
Trupanion, a provider of medical insurance for cats and dogs, has launched its signature product in Germany and Switzerland, marking a key milestone in the company’s European expansion.
Markel, the insurance arm of Markel Group Inc, has launched its new FintechRisk+ insurance policy, reinforcing its commitment to offering market-leading coverage and service solutions for fintech firms navigating an increasingly complex landscape.
Tokio Marine Kiln (TMK) has announced the launch of a new Specialty Reinsurance division as part of its growth and diversification strategy, with Phil Taylor appointed to lead the initiative.
Coalition has launched its reinsurance intermediary, Coalition Re, with the goal of providing capacity for cyber reinsurance treaties and furthering its mission to protect underserved businesses.
Starkweather & Shepley Insurance Brokerage, Rhode IIsland’s largest insurer, has launched an AI-powered platform designed to streamline the insurance procurement process and optimise underwriter risk assessment.
AON, a global leader in professional services, has announced a significant expansion of its Bermuda reinsurance platform, aimed at enhancing transactional and capital optimisation solutions while fostering profitable growth opportunities for clients.
Connect Underwriting Limited, a specialist reinsurance MGA, has announced the launch of BRICS UW (BRICS), a reinsurance MGA designed to provide capacity to emerging markets, pending regulatory approval.
Vertafore, the leader in modern insurance technology, announced its latest innovation to empower benefits brokers: automated importing for SBC data into BenefitPoint.
Experian has introduced a new feature in its Insurance Marketplace that aims to ease the burden by automating the search for better rates.
Sapiens, the insurance software specialist, has launched Version 12.0 of its Sapiens CoreSuite for Property & Casualty (P&C) for the North American Insurance market.
Redline Underwriting has launched a new comprehensive property facultative reinsurance solution aimed at Commercial and Industrial Property risks across Mexico, Central and South America, and the Caribbean.
General Motors Insurance has officially expanded its car insurance offerings to Georgia, continuing its rapid growth across the United States.
KOHO, the Canadian fintech, has expanded its financial product suite by offering a new tenant insurance policy to its members in partnership with Walnut Insurance.
Nexus Group, the Specialty MGA, has announced it is launching a new Alternative Risk Transfer (ART) business, which will be led by Christof Bentele, President of Nexus Specialty Casualty.
Ascot Group, the Bermuda-based global specialty insurer, has announced the launch of a unified capital management platform, Leadline Capital Partners, to support their expanded third-party capital business.
Chubb, a leading global insurance provider, has introduced a new home insurance product specifically tailored for high net worth clients in Switzerland.
Alliant Insurance Services has announced the launch of Alliant Commercial Surety, a new product targeting the commercial surety market.
APOLLO Insurance, the Canadian digital insurtech and pioneer in the emerging embedded finance sector, has announced a new partnership with Petsecure to offer pet insurance to its tens of thousands of customers.
Berkley Select, a prominent provider of professional liability insurance, has introduced a new product, AttorneyShield, expanding its employment practices liability (EPL) offerings to cater specifically to the unique needs of law firms.
Marsh, the insurance broker, risk advisor, and arm of Marsh McLennan, has launched an industry-first $50 million port blockage insurance product, covering shipping ports and terminals globally.
Skyward Specialty Insurance, a leading specialty P&C insurer, has announced it is partnering with Acceleration Aviation Underwriters to provide bespoke insurance solutions to the aviation industry.
Aon has launched its Directors and Officers (D&O) Risk Analyzer, a cutting-edge digital tool designed to help risk managers of US-listed public companies make data-driven, technology-enabled decisions to mitigate executive risks.
Blink Parametric has launched a new app-based travel assistance bundle in collaboration with Gigasure, marking a significant step in simplifying access to real-time travel benefits.
Rokstone, the specialty (re)insurance MGA and Aventum subsidiary, has announced the appointment of Laurence Burrows as it enters the U.S. Excess Casualty division.
Marsh has announced the launch of a new insurance product specifically tailored for the transportation and storage of carbon dioxide (CO2).
Amwins, the specialty insurance distributor, has launched a new “Tees-to-Green” flood insurance programme in partnership with Floodbase and with support from highly reputable carriers.
Insurity, a leading provider of cloud-based software and analytics for insurance carriers, brokers, and managing general agents (MGAs), has introduced its latest innovation, the Insurity Spreadsheet API.
PhonePe has announced the launch of a ‘pre-approved term life insurance’ feature on its platform. This new feature is designed to make insurance coverage more accessible and affordable for millions of Indians by waiving the requirement for proof of income at the time of policy purchase.
The Cayman Islands National Insurance Company (CINICO) has announced the launch of a new home insurance policy that includes Parametric Coverage.
Cresso Health, an insurtech providing sales and marketing solutions for health insurance carriers in the U.S., has officially launched today.
Pine Walk Capital Limited, the specialist MGA platform and subsidiary of the Fidelis partnership, has today launched Novagen, a new MGA specialising in renewables.
Whitespace, the digitally-native e-trading platform and a Verisk subsidiary, has announced the launch of new library and contract builder capabilities which will help clients in the global (re)insurance market save time and minimise the risk of human error.
ZestyAI, a provider of AI-powered climate and property risk analytic solutions, has launched a new product, Z-WATER, to combat one of the leading catalysts of insurance losses: interior water.
Pet Business International, a leading provider of instant online insurance quotes for small to medium-sized pet businesses, is launching in the US today.
Duck Creek Technologies has launched Policy with Active Delivery, a new product which aims to streamline operations for property and casualty insurers.
Emerald Bay Risk Solutions, a cooperative underwriting carrier, has announced a partnership with Curotech Specialty, a technology-driven MGA, to launch an excess and surplus commercial property programme.
Renaissance Life and Health Insurance Company has announced the expansion of its group insurance offerings with an innovative supplemental health solution.
Everest Group, the Bermuda-based (re)insurer, has unveiled a new structure for its alternative reinsurance capital business, transforming it into a multi-vehicle capital management platform through the launch of Mt. Logan Capital Management, Ltd. (MLCM).
Embroker, a US digital insurance company, has launched a bespoke insurance programme for real estate agents and brokers.
Plum, one of India’s leading insurtech platforms, has today launched Plum Perks, a comprehensively curated suite for healthcare and wellness benefits for employees.
Five Sigma, a leading AI claims management software company, has announced the launch of “Clive™”, the insurance industry’s first AI-powered Insurance Adjustment Agent.
Priceline, a pioneer in online travel services, has teamed up with Cover Genius, a leading insurtech provider, to roll out advanced travel protection solutions across North America.
Ushur, an insurtech specialising in AI-powered customer experience automation, has announced the launch of a new pre-built automation solution.
Insurity, a leading provider of cloud software for insurance carriers, brokers, and managing general agents (MGAs), has announced the launch of the Insurity Interaction Platform, powered by Glia.
Artex Risk Solutions, a subsidiary of Gallagher, has introduced its first Vermont Protected Cell Company (PCC).
QBE Insurance has launched a new product, QCyberProtect, a comprehensive and globally streamlined cyber policy designed to bolster cyber resilience for clients worldwide.
GCube Insurance, a specialist underwriter in the renewables sector, has announced the establishment of a new consortium designed to provide battery energy storage system (BESS) developers and asset owners with up to $100 million of “A-Rated” Insurance Capacity.
Lemonade, the digital AI-driven insurtech company, has announced the launch of a new Buildings and Contents Insurance policy in the United Kingdom.
Guy Carpenter, the reinsurance broker, is launching a new parametric flood product, FloodShield, designed to enable risk transfer for large portfolios of exposure across wide areas.
SageSure, a leading managing general underwriter specialising in catastrophe-exposed markets, alongside Anchor Re, a captive reinsurance vehicle, and SureChoice Underwriters Reciprocal Exchange (SURE), has announced the successful closing of the Gateway Re 2024-4 county-weighted wind cover catastrophe bond at $60 million.
Zyber has announced the launch of its new cyber insurance quoting platform tailored for startups and midsize enterprises. The platform allows users to obtain insurance quotes within minutes through a streamlined digital process.
Cambridge Mobile Telematics has announced the renewal of its partnership with Hastings Direct, a UK insurer specialising in private car, van, motorbike, and home insurance. Cambridge Mobile Telematics is recognised as the world’s largest telematics service provider.
Janover Inc., an AI-driven platform for commercial real estate transactions, announced today that its subsidiary, Janover Insurance Group, has begun offering directors and officers (D&O) liability insurance tailored for publicly traded companies.
Aspen Insurance, a prominent provider of insurance and reinsurance solutions, has introduced Aspen Data Labs, a platform designed to enhance digital capabilities and strengthen its focus on data and Analytics.
Limit, the insurtech, has launched LimitAI, which it claims is the first generative AI created exclusively for the Property & Casualty (P&C) sector. LimitAI is designed to analyse extensive insurance documents, quotes, and policies, providing rapid answers to various insurance-related queries.
Otonomi has officially launched its new three-hour Air Cargo Delay Parametric Insurance worldwide. The product aims to fill a significant gap in air cargo insurance by providing coverage for ultra-short yet costly delays.
Verisk, the global data analytics and technology provider, has launched ISO Experience, a product designed to modernise the way actuaries within insurance analyse risk patterns.
Zurich North America has introduced a new primary products liability policy tailored to meet the specific needs of pharmaceutical, medtech, research and development, and other life science companies with revenues up to $1 billion.
Brookfield, one of the world’s largest private capital groups, has applied to establish an insurance entity in the UK. This move aims to capitalise on the significant number of British companies looking to offload their pension plans.
Schroders Capital, the $94 billion private markets arm of Schroders Group, has launched a tokenisation pilot aimed at innovating within the insurance-linked securities marketplace.
Aurora, the managing general agent, has launched a flagship commercial combined product tailored for SMEs. Supported by AXA insurance, the product includes property business interruption, employers’ liability, and public liability coverages.
Bermuda-based specialty insurance carrier Relm Insurance Ltd has completed its expansion into the MENA region through the acquisition of B&F Partners Ltd, now operating as Relm Insurance Mena Ltd.
PLATFORM, the boutique insurance broker, has announced the launch of a captive insurance and alternative risk financing practice group to be led by Braedy Walker (pictured).
Brokerslink, the network of independent brokers, has introduced a specialised Trade Credit Insurance (TCI) practice, as it seeks to meet increased demand from international affiliates.
Oriental Insurance, a subsidiary of OFG Bancorp, has announced the launch of a new personal accident insurance product in collaboration with Chubb Insurance Co. of Puerto Rico.
blip, an insurtech, is aiming to disrupt the sector by providing small business insurance policies which are on average a third cheaper than the lowest prices offered by competitors.
Qover, an insurtech focusing on creating a global safety net through insurance solutions, has announced the launch of its motor insurance solutions in Ireland, as it continues its expansion across Europe.
lyzil – a platform and insurance product developed by the startup Instaful Solutions, is empowering women in Pakistan by offering them a safe space and lifeline against harassment and violence. Joanna England finds out more.
Howden has announced its entry into the Japanese market for the first time, launching Howden Re Japan and an ILS partnership with Keystone ILS Capital.
Cytora, a leader in transforming underwriting workflows within the insurance industry, has announced the integration of Autoaddress’ Address Capture into its underwriting productivity tool.
Allica Bank has announced a partnership with leading title insurance provider Westcor International to launch a new title insurance product across its commercial mortgage range starting today – July 1, 2024.
Insurity, a leading cloud software provider for insurance carriers, brokers, and MGAs, has announced a strategic partnership with Coherent, a platform dedicated to streamlining and accelerating insurance product development.
Bondaval, a leading London-based insurtech, has announced the release of its first trade credit insurance product, designed to provide greater certainty over credit risk cover while reducing administrative burdens.
Lloyd’s has announced a new Canadian Core Fixed Income Solution on the Lloyd’s Investment Platform.
Norm Ai, a cutting-edge regulatory compliance platform, has successfully raised $27 million in a Series A funding round. The round was led by Coatue, with significant participation from Bain Capital Ventures, Blackstone Innovations Investments, New York Life Ventures, Citi Ventures, TIAA Ventures, and Jefferson River Capital.
Flow Specialty, a next-gen specialty wholesale insurance brokerage, has publicly released its AI credo and vision. The initiative aims to educate the insurance industry on the application of agentic AI in offering professional liability, management liability, and cyber insurance products.
Beazley Security has today gone live as an integrated cyber risk management company, following the merger between Beazley’s in-house cyber services team and its wholly owned cyber security company, Lodestone.
Qover, a pioneering insurtech company committed to establishing a global safety net through innovative insurance solutions, today announced the launch of its AI-driven embedded insurance platform.
FloodFlash, a sensor-enabled parametric flood insurance provider, has announced the expansion of its offerings to cover all mainland US locations.
Gallagher Re, the global reinsurance broker, has launched a flagship Cyber Academy, where the most promising individuals in the cyberspace will receive comprehensive and bespoke training in broking, cyber security, and analytics.
Trawick International, the worldwide travel insurance specialist, has announced the launch of a new portfolio of international student insurance plans, effective immediately.
Zesty AI, a leading provider of climate and property risk analytics driven by AI, has announced a partnership with Duck Creek Technologies, an intelligence core systems provider in P&C and general insurance.
Ledgebrook, the US insurtech MGA, has announced it is expanding its offerings with a new architects and engineers (A&E) insurance product.
Goose Insurance Services, an insurtech known for offering instant insurance solutions, has announced its rebranding in the U.S. with the launch of a new app, SmartBunny Insurance.
One80 Intermediaries has announced the launch of a new liability insurance policy specifically aimed at Chief Restructuring Officers (CROs).
CompScience Insurance Services has launched its latest innovation, the SafetyBriefAI App, aimed at transforming job-site safety management for insurance brokers.
Consilium, the global Specialty Re/Insurance Broker, has announced it is entering the credit and political risk insurance market.
Sapiens International Corporation has launched its AI-powered, open, integrated, cloud-native platform, Sapiens Insurance Platform.
Allianz Trade and BPL have announced an industry-first partnership to enhance how underwriters and brokers share enquiry data via API integration on Whitespace, a Verisk digital trading platform.
Guardian Life has announced a partnership with Pelago, a leading digital clinic specialising in substance use management, to help Guardian members live tobacco-free lifestyles.
Rokstone, the Specialty MGA part of the Aventum Group, announced it has hired industry veteran Graham Amato to launch a new Global Sports Personal Accident portfolio.
Guy Carpenter, the global risk and reinsurance specialist and subsidiary of Marsh McLennan, announced the launch of the Capital and Advisory group as part of its Global Capital Solutions unit.
Bikebook, the platform that connects cyclists with local mechanics, has announced a partnership with Bikmo, a leading consumer and commercial insurer in the cycling sector.
CFC, a specialty insurer specialising in emerging risks and cyber insurance, announced it is launching its second insurance product for buyers of voluntary carbon credits.
Yardi, a real estate software company, has announced it is partnering with start-up Obligo who offer innovative alternatives to traditional security deposits.
Artemis Risk Solutions, a new insurance brokerage specialising in employee benefits, property and casualty insurance and personal lines, has officially launched.
Insurtechs hyperexponential and Send have announced a partnership seeking to streamline the pricing process for insurers.
Instabase, a leading AI company, has launched AI Hub Chatbots, designed to meet the rigorous demands of sophisticated enterprises.
Euclid Program Managers have announced the launch of Euclid Mortgage, an MGU underwriting mortgage credit risk for insurers and reinsurers.
WTW, the Global Advisory and Broker, has announced it is partnering with Insurtech Software provider Guidewire.
Allianz has announced it is launching a new home insurance product to provide more choice to UK homeowners, in line with its strategic aims to grow in the UK.
Katapult, an e-commerce centred financial technology company, has announced it is launching Katapult Layoff Insurance, which will be powered by Harmonic Financial Technology.
Crux Risk Services (Crux), a new Managing General Agent (MGA) specialising in terrorism underwriting, has been approved as a Lloyd’s Coverholder.
CoverGo, the no-code SaaS insurtech platform, today announced it is launching CoverGo Distribution, an AI-powered insurance platform for omni-channel distribution.
National Equipment Register (NER), a Verisk subsidiary, has announced it is partnering with KYCS, a leader in providing solutions for simplifying theft-recovery and asset identification, to provide security and recovery solutions for heavy equipment assets.
Simplicity Group Holdings, a financial product distribution firm, announced it has acquired Plum Life, a New Jersey based life-insurance startup which has raised nearly $8 million.
McKenzie Intelligence Services, a geospatial intelligence specialist, has developed an AI damage classifier to enhance its human-led damage assessments for insurers following catastrophic events.
Sompo, the UK insurer, has recently introduced a new insurance product aimed at middle-market clients.
The National Alliance for Insurance Education and Research has announced it is partnering with BrokerTech Ventures to develop a foundational, self-taught course, titled “Introduction to Insurance for Insurtech Professionals.”
Broadstone, a leading UK pensions employee benefits, investments and insurance consultancy has announced it is launching a standalone Insurance, Regulatory and Risk advisory division.
USI Insurance, the New-York based insurance brokerage and consulting firm, has announced it is launching PATH, a proprietary technology-enabled risk control platform for clients.
Hub International announced it is launching Hub Fleet Solutions Marketplace, a digital platform which will offer products and services from vendors in fleet management, insurance, maintenance , technology and diagnostics.
inari, an insurtech providing core technology solutions to the global insurance and reinsurance industry, has announced it will be officially launching its new underwriting workbench product at Insurtech Insights USA.
Habit, a Portuguese insurtech specialising in embedded insurance, digital and contextual distribution solutions, has announced the launch of a new protection solution for recurring payments / expenses: “Habit Bill Protection Insurance”.
Insurtech Insights USA 2024, the premier gathering for innovators and leaders in the insurance technology industry, is excited to announce its lineup of top speaker sessions taking place at the Javits Center on June 5th and 6th.
UK-based doctor, Karan Mehta, is CEO and Founder of the brand new startup Bluezone, and is passionate about providing insurance solutions for the chronically ill.
Ascend, a leading provider of financial operations automation software has announced it is partnering with insurtech leader Mylo connecting individuals and business owners with insurance products from over 100 carriers across multiple coverage lines.
Canadian Insurtech APOLLO has raised US$13.4 million to establish its buy-now-pay-later (BNPL) subsidiary, Finshore. FinShore will provide a fully embedded monthly payment option to over 100,000 Canadians who are insured with Apollo.
Corvus Insurance, a leading cyber underwriter powered by a proprietary AI-driven cyber-risk platform, has announced that it will expand its underwriting capabilities and cyber services for policy holders.
Marsh McLennan, the Global Re/Insurance broker has announced the launch of Sentrisk, an AI-Powered platform which offers integrated advisory services. Sentrisk aims to reshape the way that businesses manage their global supply chain risks.
Cytora, a leading digital risk processing platform, has launched the Risk Flow Academy, a free digital learning platform tailored for commercial insurance professionals.
Next Insurance has launched a new solution capable of generating accurate and customized insurance quotes within seconds.
BOXX Insurance Inc., an award-winning global insurtech specialising in cyber insurance and security, has announced the launch of a groundbreaking cyber risk solution in collaboration with Zurich Insurance Group.
MetLife has unveiled My Leave Navigator, a new addition to its suite of MyBenefits digital tools, designed to assist employees in planning time away from work due to disability or other events.
INZMO, the leading Berlin insurtech serving the European rental industry, has today launched RentalBot, an AI-powered legal chatbot aimed at helping tenants and landlords in Germany’s strained rental market get easy access to tailored legal information and support.
Lassie has announced its expansion into the French market after seeing rapid growth in Germany and Sweden.
Mason Owen has introduced a pioneering legal indemnity insurance platform, Instant Title Solutions (ITS), which leverages artificial intelligence to streamline the insurance process.
Transcarent, which provides a comprehensive health and care experience for employees and their families led by Glen Tullman, has launched an AI-driven solution on May 15, 2024, to simplify healthcare navigation.
Everest Insurance, the insurance division of Bermuda-based re/insurer Everest Group, Ltd., has officially unveiled its Australian Insurance operations following approval from the Australian Prudential Regulation Authority.
JAB Holding, known for its substantial investments in Krispy Kreme, Pret A Manger, and Coty, has announced it will launch a comprehensive insurance platform under the leadership of industry veteran Anant Bhalla, who joins as Senior Partner and Chief Investment Officer.
ICEYE has unveiled a suite of advanced offerings tailored for the UK insurance market, aimed at enhancing flood risk assessment and mitigation capabilities.
Global advisory, broking, and solutions firm WTW has unveiled a pioneering facility in partnership with Ukrainian insurer, VUSO, designed to cover cargo and land warfare risks in Ukraine.
Aon, the global insurance and reinsurance brokerage, has introduced an update to its Pricing Platform, designed to offer re/insurance underwriters enhanced visualisation and automation capabilities.
Marsh has announced the launch of MiCAssure, a proprietary insurance solution tailored for crypto-asset service providers such as custodians, exchanges, and administrators operating within the European Union.
WTW has announced strategic enhancements to its global cyber facility, which provides excess cyber insurance coverage worldwide.
French insurtech Wakam, a leading white label, digital B2B2C insurer, has gained approval from the Financial Conduct Authority (FCA) and the Prudential Regulation Authority (PRA) to establish its new subsidiary, Wakam UK Limited.
Loadsure, an innovative insurtech MGA and Lloyd’s coverholder, has announced its launch in Europe.
Open, a global embedded insurance partner, has unveiled a new travel insurance offering designed to cater to the diverse needs of individual travelers and travel providers.
Marsh has introduced the Global Alternative Risk Solutions practice, aiming to blend the company’s expertise in parametric solutions, alternative risk transfer, captives, and complex risk.
ICEYE, a leading provider of satellite-powered disaster management solutions, has entered into a multi-year collaboration with Juniper Re, a reinsurance broking arm and subsidiary of BRP Group, Inc.
Cowbell, a leading provider of cyber insurance for small and medium-sized enterprises (SMEs), has launched Prime Tech with Cowbell Co-Pilot, a generative AI solution designed to streamline underwriting within its Prime Tech offering.
Flow Specialty, previously known as Capitola Insurance, has announced its official rebrand. Supported by Munich Re Ventures and Lightspeed Venture Partners, Flow Specialty is poised to elevate the specialty wholesale insurance market with its innovative approach.
Swiss Re has introduced an enhanced version of its market-leading Life & Health underwriting manual, Life Guide. The updated version features Swiss Re Life Guide Scout, an underwriting assistant powered by Generative AI.
Insurity, a leading provider of cloud-based software for insurance carriers, brokers, and MGAs, announced its latest cloud-based claims solution.
Kanguro Insurance, renowned for its pioneering AI-driven pet health insurance offerings, is venturing into the renters insurance sector.
Howden has launched a new cargo war risk facility tailored to protect vessels navigating the Red Sea against potential drone and missile attacks by Yemeni militia groups.
In a pioneering move aimed at supporting families facing the challenges of childhood disability, Juno, a public benefit corporation, has unveiled the first-ever child disability insurance program in the United States.
FloodFlash is launching a new product aimed at bolstering business interruption (BI) coverage in the United States ahead of the 2024 Atlantic hurricane season.
Allianz Partners Australia has taken a significant stride in elevating customer service standards by unveiling a new online chat feature tailored for customers of its travel insurance partner, HCF.
Sayata, a leading provider of innovative insurance solutions tailored for small and medium-sized businesses (SMBs), has launched the Sayata Risk Engine.
Lemonade, the digital insurance company powered by AI and social impact, today announced the launch of Homeowners insurance in France in partnership with BNP Paribas Cardif.
Verisk, a prominent global data analytics and technology provider, has introduced a groundbreaking advancement in global catastrophe modeling and risk analysis with the debut of Verisk’s Next Generation Models (NGM).
Aviva has rolled out Aviva MyDrive, a new telematics feature within its main app, designed to promote safer driving habits and offer potential discounts on car insurance premiums.
M2 Recovery has launched a groundbreaking insurance policy, marking the world’s first initiative to cover legal expenses associated with reclaiming stolen cryptocurrencies.
Cyber insurtech Coalition has revealed that its full-stack carrier, Coalition Insurance Company (CIC), is now providing quotes for its admitted cyber product across the entire United States.
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