We regularly curate the latest news and insights to create the largest platform for knowledge-sharing and development within the world’s insurance industry.
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.
AXA UK has announced the launch of its employee benefits programme ‘We Care’ as part of a larger global effort by AXA Group to provide comprehensive health and wellness assistance tailored to employees at various stages of life and during significant life events.
Genasys, the leading provider of insurance administration software, today announced Genasys Unify, a major update to the core Genasys platform.
Leading insurance provider Chubb has unveiled its latest innovation with the launch of a specialised HealthTech industry practice in the United Kingdom.
Chubb Personal Risk Services has introduced a cutting-edge self-service flood insurance system, aiming to streamline operations for agents and enhance customer experience within its personal lines business.
In a move reflecting the evolving landscape of digital finance, Marsh has unveiled a groundbreaking insurance facility tailored specifically for custodians of digital assets, including financial institutions.
Specialty insurer HSB has announced the launch of Cyber for Auto, an innovative coverage aimed at safeguarding personal data stored within connected vehicles against cyber attacks.
Coalition has unveiled a new addition to its US Surplus and Canada Cyber Insurance policies: the Affirmative Artificial Intelligence (AI) Endorsement.
EIS has introduced ClaimSmart, a cutting-edge cloud solution poised to transform the claims management landscape.
NFP has acquired Get Medical Plans Limited, an expert intermediary specialising in health insurance solutions in a move that aims to strengthen NFP’s foothold in the private medical insurance market.
Marsh has launched a new cyber solution via the establishment of Edgware Re, a group captive insurance company.
Novidea, a leading provider of cloud-based enterprise insurance management solutions, has announced its newest product release, showcasing significant enhancements tailored to meet the evolving needs of its diverse customer base worldwide.
Chubb, a leading insurance provider, has announced the launch of a comprehensive global transactional risk platform aimed at offering liability insurance products for transactions on an international scale.
Marble, the digital wallet for insurance, has expanded its offerings with the launch of a commercial insurance marketplace tailored for small and medium-sized enterprises (SMEs).
AXA Commercial has taken a proactive step to assist brokers in navigating the intricacies of the schemes market when placing niche risks by introducing a user-friendly online directory.
Brit Ltd has launched a groundbreaking initiative in the cyber insurance realm with the launch of Brit Cyber First50, a Lloyd’s Consortium with a staggering US$50 million investment.
Aon plc has launched Partner Risk Insights, a new digital platform designed to facilitate the management of insurance-related third-party risks for US organisations.
In a groundbreaking collaboration, insurer Aviva and autonomous vehicle operator Darwin Innovation Group unveiled the Darwin Autonomous Shuttle in late 2021, marking the UK’s longest-running self-driving passenger service.
Michael Price and Kean Driscoll, former executives at AIG, have unveiled the establishment of Dellwood Insurance Group, marking the emergence of a new nationwide excess and surplus lines insurance holding company.
Resilience, a prominent cyber risk management firm headquartered in San Francisco, CA, made a significant announcement today regarding its latest initiative aimed at US organisations generating revenues ranging from US$300 million to $10 billion.
AXA XL’s US Mid-Market insurance division has unveiled XL Plus, an extended general liability coverage tailored for mid-size businesses.
HUB International has introduced Hub Builder’s Risk Insurance Solutions, a comprehensive insurance and risk management offering tailored for project owners, general contractors, and developers involved in both frame and non-frame projects.
Optalitix has introduced significant enhancements to its flagship products, Optalitix Models and Optalitix Quote.
Beazley has launched its latest initiative to fortify its cybersecurity services by merging its in-house Cyber Services team with Lodestone, its wholly owned cybersecurity firm.
UK Insurtech blip, an innovative insurtech startup in the UK dedicated to providing affordable business insurance for small enterprises alongside a groundbreaking profit-sharing framework, has announced its launch.
AXA – Global Healthcare has launched the phased rollout of a revolutionary healthcare payment card. This innovative initiative aims to simplify the claims process for corporate clients and their employees.
Lockton, the independent insurance broker, has revealed the appointment of Oliver Ross as Senior Vice President within the Global Construction team, effective immediately.
In a move set to invigorate retail agents across the sector, a strategic partnership has been forged between Capitola and Ategrity Specialty Insurance Company.
Marsh has announced the expansion of its directors & officers (D&O) Echo facility, offering clients up to US$75 million in D&O insurance capacity.
Marsh has launched the latest phase in the deployment of its digital trading initiative within the London insurance market.
Ignite Specialty Risk, a prominent provider of litigation risk insurance, has officially introduced its Litigation Capital Protection Insurance offering in the United States.
Lloyd’s has announced its support for two promising ventures, Axio and REOR20. The investments mark the inaugural deployments from Lloyd’s Central Fund private markets allocation, highlighting the institution’s commitment to nurturing emerging technologies and solutions in the insurance sector.
Xceedance has launched its MGA Agility Suite aimed at bolstering digital capabilities for programme administrators across the Americas.
Shepherd, a leading insurance technology platform catering to the commercial construction sector, announced today the successful closure of a $13.5 million Series A funding round.
bolttech Insurance, the general insurance arm of international insurtech bolttech based in Hong Kong, has launched MyTravel, a travel coverage plan catering to customers, their families, pets, and belongings.
Goboony, Europe’s premier camper sharing platform, has joined forces with iptiQ, a subsidiary of Swiss Re, to unveil a customised digital insurance solution catering to the unique requirements of motorhome owners.
WTW has launched a new parametric insurance policy designed to safeguard the coral reef system of the Lau Group of islands in the South Pacific.
Zurich American Insurance Company, a division of Zurich North America, has launched a dedicated directors and officers (D&O) insurance product aimed at safeguarding non-US board members and officers of US-based multinational corporations.
APOLLO Insurance, a prominent digital insurance provider in Canada, has launched a new feature enabling customers to access credit reporting services through its partnership with Zenbase.
Risk and reinsurance specialist Guy Carpenter has unveiled its latest innovation in the form of a new cyber reinsurance product, called CatStop+.
Coalition has announced the launch of its Miscellaneous Professional Liability (MPL) Insurance.
Cyber insurtech firm BOXX Insurance has partnered with AXA to unveil a pioneering cyber risk mitigation solution tailored for small businesses.
WTW has unveiled a specialised cyber insurance offering tailored for businesses with annual revenues under US$50 million.
Switzerland-based startup CarbonPool, founded by former Allianz executives, has successfully concluded a significant funding round aimed at revolutionising the carbon credit market.
Howden has introduced a pioneering insurance facility aimed at bolstering carbon capture and storage initiatives, with the backing of SCOR’s Lloyd’s syndicate.
AgentSync has launched the ProducerSync API, the inaugural offering in its commercial API suite, aimed at streamlining insurance producer onboarding and compliance procedures.
Newgen Software has officially launched its state-of-the-art, Guidewire Cloud-validated accelerators on the highly regarded Guidewire Marketplace.
Global insurance brokerage giant HUB has officially introduced the HUB Property Practice. The initiative is designed to offer comprehensive solutions to the evolving challenges faced by clients in North America.
Erie Strategic Ventures, the venture capital arm of Fortune 500 insurance giant Erie Insurance (ERIE), has revealed strategic investments in three cutting-edge companies: Wagmo, Roots Automation, and Trust & Will.
Canopius Group, a global specialty (re)insurer, has launched a groundbreaking investment management product aimed at catering to the needs of asset managers.
FloodFlash has unveiled its plans to extend its services to an additional 10 states in the United States.
InsurX, a digital exchange equipped with algorithmic capabilities, has made its debut in the London Direct & Facultative (D&F) Property market.
Foxquilt, the small business insurance startup based in Canada, has entered into a long-term capacity relationship with specialty insurance provider Markel.
Motor insurer, Zego, has announced the official launch of its new Business Van Insurance product.
Blink Parametric and MAWDY, a global insurance, reinsurance, and services company affiliated with the MAPFRE Group, have expanded their partnership to include MAWDY Ireland.
Swiss insurance giant Baloise has unveiled a trio of pioneering parametric insurance policies aimed at offering coverage for flight delays, baggage delays, and adverse weather conditions.
FINEOS Corporation has announced that Securian Canada achieved an unprecedented go-live with its claims administration software solution, actively processing disability claims within five months from the start of the project.
Lemonade has officially introduced its car insurance product in Washington, marking the seventh state where it is available.
Lloyd’s has announced the issuance of the first 144A catastrophe bond on its risk transformation platform, London Bridge 2 PCC Limited.
AXA has launched multiple comprehensive enhancements to employee benefits, which came into effect from January 1st, 2024.
ARMD, an insurtech dedicated to serving the underserved tradespeople market in the UK, has forged a strategic partnership with leading wholesale broker distribution platform Sparta Insurance Services.
Allianz Life and Munich Re Automation Solutions are set to unveil a cutting-edge Software as a Service (SaaS) underwriting solution, marking a significant stride in their collaborative efforts.
Equisure, a subsidiary of Amwins, has unveiled its latest initiative with the introduction of its Livestock insurance programme.
Voom has announced the launch of a new insurance solution to address the needs of the gig economy.
Novidea, creator of the cloud-based, data-driven enterprise insurance management platform for brokers, agents, MGAs/MGUs, and carriers, has announced the launch into the Southeast Asian market, starting in Hong Kong and Singapore.
NOW Insurance, a full-stack, AI-enabled commercial insurance platform specialising in medical professional liability coverage, recently launched coverage for physicians and physician groups in their online platform.
Chubb Limited has unveiled a groundbreaking initiative with the introduction of the Chubb Methane Resource Hub.
Balderton Capital leads investment round as Lassie aims to transform the pet insurance landscape
Global brokerage firm Howden has unveiled a cutting-edge primary cyber and technology errors & omissions (E&O) facility in partnership with Lloyd’s Insurance Company.
BrokerTech Ventures (BTV), the industry’s first broker-led convening platform and accelerator program, has opened the application window for its 2024 BrokerTech Ventures Accelerator program.
Marsh McLennan has introduced LenAI, a revolutionary generative AI tool crafted at the company’s Dublin Innovation Centre in collaboration with Oliver Wyman Digital
Oyster, the cutting-edge insurance platform for commerce, has announced the launch of its groundbreaking rental insurance product, marking the introduction of the first usage-based rental insurance programme in the United States.
AXA XL Risk Consulting has launched a new Water Impact and Sustainability Evaluation (WISE) tool, aimed at providing risk managers with a remote and customisable solution to comprehensively evaluate and manage water risks.
Swiss Re’s comprehensive research reveals the role of digital Electronic Health Records (EHRs) in expediting and enhancing underwriting decisions in the life and health insurance sector.
Chubb has unveiled a significant expansion in its digital integration capabilities through the introduction of a new developer portal within Chubb Studio®.
Eigen Technologies (Eigen), a leading global provider of intelligent document processing (IDP), has introduced version 6 of its no-code artificial intelligence (AI) platform, marking a significant leap in the automation of document workflows.
In a strategic move, insurance broker WTW has unveiled “A-Star,” a comprehensive excess layer Directors and Officers (D&O) insurance solution.
Rory Yates, Chief Strategy Officer for EIS, unpicks the pros and cons of Amazon’s new Health Insurance offering
ICEYE, a provider of natural catastrophe solutions and insights, has expanded its constellation by introducing four new synthetic aperture radar satellites.
E.design, an insurtech company affiliated with the Tokio Marine Group, has selected Guidewire Cloud to strengthen its core operations. Guidewire has also announced the release of its new cloud solution, Innsbruck.
Amazon has launched a groundbreaking health care benefit for Prime members, providing exclusive access to high-quality care through One Medical, an Amazon subsidiary.
MetLife, Latin America’s leading life insurance company, has announced the launch of MetLife Xcelerator.
Lloyd’s has launched a comprehensive initiative aimed at fostering greater inclusivity and advancement opportunities for Black and ethnically diverse individuals, spanning from educational settings to corporate boardrooms.
Global advisory firm Willis Towers Watson (WTW) has unveiled plans to establish the Asia Pacific Climate Risk Centre (ACRC) in Singapore.
Leading cybersecurity firm Coalition has officially introduced its suite of Active Cyber Insurance products in the Australian market.
CLARA Analytics has launched CLARAty.ai – a platform designed to transform the insurance claims process by enhancing the day-to-day operations of claims professionals through its holistic approach to claims intelligence.
Previsico has officially gone live in New York with its advanced flood forecasting technology, aiming to mitigate future losses following the recent record flooding that impacted major infrastructure, including LaGuardia Airport and John F. Kennedy Airport.
Global re/insurer AXA XL has announced the extension of Ecosystem access to clients within its Property & Casualty and Specialty insurance lines in North America.
Insurtech firm DGTAL has introduced GRABBER, a cutting-edge Intelligent Document Processing tool, as part of its Software-as-a-Service (SaaS) platform specialising in AI-driven audit solutions for insurance portfolios.
Insurance infrastructure company, Boost Insurance has announced the launch of Boost Re, a new risk transfer platform as the latest component of Boost’s comprehensive insurance-as-a-service stack.
Marsh has announced the launch of a groundbreaking initiative—the Marsh Specialty global cyber practice.
Shippo, the leading shipping platform for modern e-commerce, has joined forces with Cover Genius, the insurtech for embedded protection, to introduce Shippo Total Protection.
International insurtech, bolttech, has announced its partnership with the Swedish telecommunications service provider, Three Sweden.
AXA XL Risk Consulting has launched AXA Immersive Solutions, a groundbreaking training solution that harnesses the power of Virtual Reality (VR) and Digital Twin technologies.
Xceedance, a leading global provider of strategic operations support, technology, and data services for insurance organisations, has officially launched its Centre of Excellence for Generative AI.
Ecclesiastical, a specialist insurer, has joined forces with iprism to unveil a cutting-edge digital platform tailored to cater to the insurance needs of smaller not-for-profit organisations within the charity, education, and faith sectors.
Lloyd’s has launched a groundbreaking systemic risk scenario, unveiling the potential worldwide economic consequences of extreme weather events leading to food and water shocks.
Health insurtech Bluezone has unveiled a groundbreaking partnership with Shepherds Friendly, a leading insurer.
Paris-based banking startup Lydia has joined forces with insurtech Qover to unveil an innovative travel insurance offering.
In a strategic move to enhance customer convenience, bolttech Insurance, the Hong Kong-based general insurance arm of global insurtech company bolttech, has announced a groundbreaking partnership with renowned travel company Trip.com.
Coalition has expanded the availability of its comprehensive Executive Risks Insurance products by offering them on surplus lines paper.
EaseMyTrip.com, one of India’s largest online travel platforms, has announced its new partnership with embedded protection insurtech, Cover Genius.
Kita, a leading carbon insurance specialist and Lloyd’s of London coverholder, has joined forces with Puro.earth, an ICROA-backed carbon standard.
Breach Insurance, a Boston-based global insurance underwriter that provides insurance technology and regulated insurance products for the cryptocurrency market, has announced the launch of Crypto Shield Pro – an innovative crypto custody insurance policy for institutional clients of crypto custody solutions.
SkyWatch, a leader in digital insurance has announced the strategic acquisition of Droneinsurance.com’s assets.
Insurance giant AXA has introduced its transformative “We Care” program, designed to provide unwavering support to its 110,000 employees worldwide at various stages of life and critical moments.
MGT Partners has initiated the launch of MGT Insurance through the acquisition of CM Select from Church Mutual, a prominent insurer of religious organisations in the US.
Resilience, a leading cyber risk solution provider, has announced a substantial increase in its underwriting capacity, now extending up to US$12.1 million in cyber insurance coverage for clients in the United Kingdom and the European Union.
Parametric insurtech Blue Marble and global conglomerate Nestlé, have partnered to deliver weather insurance to coffee farmers in Indonesia.
CoverGo, a leader in the global Software as a Service (SaaS) no-code insurance core platform for health, property and casualty (P&C), and life, has secured a patent for its cutting-edge drag-and-drop product builder.
London-based Managing General Agent (MGA), Skyrisks Ltd., specialising in the advanced air mobility (AAM) sector, has marked its official launch, buoyed by a substantial investment and capacity support from Convex Group, a prominent specialty re/insurer.
Measured Analytics and Insurance, a prominent cyber insurance Managing General Agency (MGA) based in the US, has introduced CyberGuard 2023, a state-of-the-art AI-driven cyber insurance product designed to fortify the cybersecurity defenses of Small and Midsize Enterprises (SMEs).
Verisk has announced the launch of its latest update to the ISO Businessowners (BOP) programme and has added almost 160 new classifications to help insurers keep up with evolving risks.
In a groundbreaking move, Mulberri, an innovative AI-driven embedded insurance startup, has unveiled its cutting-edge Certificate of Insurance (COI) platform.
Ledgertech, an innovative insurtech company that has developed an advanced digital platform for creating embedded insurance products using cutting-edge technology, has partnered with Cellcom, a prominent telecommunications company, and Menora Mivtachim Group, a trusted insurance provider, to introduce a groundbreaking travel insurance product.
New technologies are enabling businesses to predict a whole new spectrum of risks related to political instability, rioting, strikes, terrorism, warfare and more. Insurtech insights talks to Torbjorn Soltvedt, Principal Analyst at Verisk Maplecroft, to find out how.
Lloyd’s Market Association (LMA) has unveiled its Environmental, Social, and Governance (ESG) Academy, meticulously crafted to cater to professionals entrenched within the Lloyd’s market and the broader global re/insurance sector.
SAP Fioneer, a leading global provider of financial services software solutions and platforms, has launched its first software solution for ESG data orchestration and calculation for portfolio and single exposure KPI.
NEXT Insurance, the prominent digital small business insurer, has unveiled a game-changing feature that empowers agents to finely customise coverage quotes, thus better serving the unique requirements of their small business clientele.
Planck has unveiled an innovative underwriting tool named Planck PLUS – a new platform that incorporates advanced Generative AI (GenAI) functionalities, marking a significant milestone in the evolution of underwriting processes.
Insurify has forged a partnership with embedded insurance startup Fletch to introduce pet insurance to its platform.
Coalition, a cyber insurtech firm led by Joshua Motta, is in discussions to establish a new cyber reinsurance Managing General Agent (MGA) with a focus on writing third-party treaty business, The Insurer has reported.
Cover Genius has partnered with Spirit Airlines to launch personalised embedded protection for international travellers, backed by a speedy claims process, for the first time.
Insurity, a provider of cloud-based software and analytics for insurance carriers, brokers, and MGAs, has unveiled Circ, its cutting-edge regulatory solution designed to monitor, analyse, interpret, and execute regulatory modifications.
Verisk Maplecroft, the risk intelligence business arm of Verisk, has launched a new predictive strikes, riots, and civil commotion (SRCC) data model, providing forecasts for thousands of global locations on the potential for damaging civil unrest events to emerge.
SME cyber insurance provider Cowbell, will expand its offerings in the UK with the launch of its AI-powered standalone cyber insurance programme – Cowbell Prime One.
In a groundbreaking partnership, the International Federation of Red Cross and Red Crescent Societies (IFRC), along with Aon, Lloyd’s Disaster Risk Facility, and the Centre for Disaster Protection, has unveiled a revolutionary financial tool aimed at transforming disaster response efforts.
ACORD, the standards-setting body for the global insurance industry, today announced the publication of the ACORD GRLC Contract, Risk, and Pre-Accounting (CRP) Implementation Toolkit, a new data messaging standard to facilitate the efficient exchange of insurance data.
Lloyd’s, the world’s leading marketplace for commercial, corporate and speciality risk solutions, today announces the 12 teams that will join the 11th cohort of the Lloyd’s Lab, the InsurTech accelerator hub for developing innovative insurance products in the Lloyd’s market.
SBLI (The Savings Bank Mutual Life Insurance Company of Massachusetts) has announced the launch of AcceleRate, a new accelerated underwriting experience that distribution partners and customers can count on for speed, reliability and convenience as well as improved rates on term and whole life insurance products.
NOW Insurance, a full-stack, AI-enabled commercial insurance platform specialising in medical professional liability coverage, has announced an investment from a subsidiary of Arch Capital Group Ltd. and a managing general agent partnership with Arch Insurance North America.
Clearcover, a next-generation car insurance company, today announces the launch of “Choice,” its embedded insurance solution that provides a customisable end-to-end auto insurance integration for brands.
Unqork, the leading Codeless as a Service platform, has announced the availability of the Unqork platform on Google Cloud Marketplace.
Charles Taylor InsureTech, a leading provider of technological solutions for the global insurance market, introduces the new version of InHub, a native cloud platform specialised in insurance.
European insurance group Talanx has announced its financials for the first half of 2023, revealing a group net income of €827 million, an uptick of 21% and is the best half year result for the group in its history.
Duck Creek Technologies India LLP, a subsidiary of the renowned Duck Creek Technologies, has set its sights on the thriving Indian general insurance sector.
Aviva has underlined its sustainability commitments by expanding its underwriting appetite to include engineered timber1 in commercial developments.
While the industry buzzes about the potential impact of generative AI, Planck customers are already experiencing the benefits
Quility, a leading insurtech company, today announced a significant investment from F&G Annuities & Life, Inc. (“F&G”) for a minority stake in Quility.
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