Fusion Specialty Partners With Insly to Accelerate Growth in M&A Insurance
- 3 days 6 hours ago
- Insurtech
Fusion Specialty, the global underwriting agency (managing general agent), has chosen Insly to provide end-to-end insurance software across its global operations. The system will enable Fusion Specialty to better handle rapidly increasing business volumes, support the underwriting process, and automate and standardise processes across the insurance lifecycle.
Cytora and Confianza Partner to Bring Smarter Business Intelligence to Insurers
- 5 days 1 hour ago
- Insurtech
Cytora, the leading digital risk processing platform, and Confianza, a cutting-edge insurtech that is fast-tracking targeted risk selection and loss ratio improvements, today announced a strategic partnership designed to enhance commercial insurance workflows and improve underwriting efficiency.
Insurity Survey Reveals Declining Consumer Confidence in AI for P&C Insurance, Signaling a Need for Action From Insurers
- 1 week 2 days ago
- Insurtech
Insurity, a leading provider of cloud-based solutions for insurance carriers, brokers, and MGAs, today released more findings from its 2025 AI in Insurance Report, highlighting a significant shift in consumer trust and sentiment toward the use of artificial intelligence (AI) in P&C insurance com
Vouch Expands Insurance Capabilities With StartSure Acquisition and Announces Series D Financing Led by Allegis Capital
- 2 weeks 3 days ago
- Insurtech
Vouch, the leading business insurance provider for high-growth companies, today announced that it has signed a definitive agreement to acquire the team and book of business of StartSure Insurance Services, Inc., an insurance provider that simplifies how small businesses get insurance. Vouch is also announcing the first close of its Series D funding round, led by Allegis Capital with all other major investors participating, reinforcing its... more
Aviva Selects AutoRek as Their Automated Reconciliation Solution
- 1 month 3 days ago
- Insurtech
Aviva, one of the UK's leading insurance, wealth and retirement businesses, has chosen AutoRek, a leader in automated reconciliations, as their reconciliation and CASS tool.
Lazada and Peak3 Launch a New Digital Insurance Joint Venture in Southeast Asia
- 1 month 1 week ago
- Insurtech
Lazada, Southeast Asia’s leading eCommerce platform, and Peak3, a global leader in insurance technology, have announced the launch of a joint venture (JV) to build the leading digital and embedded insurance ecosystem in Southeast Asia.
European Insurers Prepare for a $362 Billion Tech Transformation
- 1 month 3 weeks ago
- Insurtech
The insurance industry is poised for significant technological advancements, with global IT spending projected to reach $362 billion by 2025. In response to this rapid evolution, Reuters Events has released the Top 2025 Technology Trends for European Insurers chartbook, offering critical insights into the future of insurance technology.
Farm Bureau Insurance Company of Idaho Selects Akur8’s Core Platform Solution to Enhance Predictive Modeling and Drive Better Pricing Decisions
- 1 month 3 weeks ago
- Insurtech
Akur8, the next generation insurance pricing and reserving solution powered by transparent machine learning, is thrilled to announce that Farm Bureau Insurance Company of Idaho, the largest property-casualty insurance company headquartered in the Gem State, has selected Akur8’s Core Platform solution to streamline the development of high performing, explainable pricing models.
Cytora and Moody’s RMS Partner to Help Insurers Weather Climate and Natural Disaster Risk
- 2 months 1 week ago
- Insurtech
Cytora, the leading digital risk processing platform, has partnered with global catastrophe risk modeling and solutions company Moody’s RMS.
Zurich Acquires AIG’s Global Personal Travel Business, Becoming a Leading Travel Insurer
- 3 months 51 min ago
- Insurtech
Zurich Insurance Group (Zurich) has successfully acquired AIG’s global personal travel insurance and assistance business, including Travel Guard, for USD 600 million, plus a potential earn-out payment. The transaction makes Zurich one of the largest travel insurers globally.
Wefox Agrees to Sell Insurance Carrier
- 3 months 8 hours ago
- Insurtech
As announced in June 2024, the Liechtenstein-domiciled insurance carrier wefox Insurance AG is no longer part of wefox's core business. wefox has now agreed to sell the insurance company to a group of Swiss companies led by BERAG.
Insurtech blip Expands Small Business Insurance Offerings with Professional Indemnity Cover
- 3 months 4 days ago
- Insurtech
blip, a leading provider of small business insurance, is excited to announce the launch of its Professional Indemnity Insurance, expanding its comprehensive range of coverage designed specifically for today’s entrepreneurs and professionals. This new offering reinforces blip’s dedication to safeguarding small businesses with tailored, flexible protection. Offering a policy which grows with businesses, where a £1mlimit costs less than £100.
One Inc and U.S. Bank Partner to Modernize Payment Solutions for Insurance Carriers and Policyholders
- 3 months 1 week ago
- Insurtech
One Inc, the leading payments network for the insurance industry, announced today a partnership with U.S. Bank aimed at delivering a comprehensive, unified payment experience for Property & Casualty (P&C) and Life insurers. The collaboration will provide the seamless integration of U.S.
TransUnion Expands Strategic Relationship with LexisNexis Risk Solutions to Help U.K. Insurance Providers Serve Their Customers
- 3 months 2 weeks ago
- Insurtech
Global information and insights company TransUnion has expanded its long-standing relationship with LexisNexis® Risk Solutions, a leading provider of insurance data and advanced analytics, to offer TransUnion’s Affordability Report to U.K.
Duck Creek Technologies Acquires Risk Control Technologies to Deliver Comprehensive Risk Management and Mitigation Solutions
- 4 months 2 weeks ago
- Insurtech
Duck Creek Technologies, the intelligent solutions provider defining the future of property and casualty (P&C) insurance, today announced it has acquired Risk Control Technologies, Inc. (“RCT”), a Toronto-based provider of risk management and loss control solutions. This strategic investment is set to transform how insurance carriers prevent loss and manage risk, enabling deployment of advanced AI and machine learning capabilities at the... more
