In a significant strategic shift, Swiss Re, a global reinsurance giant, has announced the sale of its iptiQ European Property & Casualty (P&C) business to Allianz Direct, the
In a significant strategic shift, Swiss Re, a global reinsurance giant, has announced the sale of its iptiQ European Property & Casualty (P&C) business to Allianz Direct, the
Insurers in the UK, Poland, and Greece are shifting away from transparent pricing models in favor of advanced, less transparent pricing strategies to enhance their financial performance. By
The 2024 Earnix Industry Trends Report reveals that, despite an ambitious plan by 70% of insurers to deploy predictive AI models within the next two years, fewer than
SchemeServe, a UK-based cloud provider of insurance software, has formed a groundbreaking data partnership with Addresscloud. This collaboration aims to advance data-driven decision-making for insurers by enhancing their
Delos Insurance Solutions, a specialized property insurance MGA based in San Francisco, has successfully secured a significant $9 million in a Series A funding round aimed at addressing
The emergence of technology in the insurance sector has consistently pushed the boundaries of traditional practices, aiming for more accurate, data-driven solutions. Recently, SchemeServe, a leading provider of
Vertafore, a leading provider of insurance technology, has acquired Surefyre, an advanced submission and underwriting platform designed to support Managing General Agents (MGAs) and wholesalers. This strategic acquisition
Bindable, an InsurTech firm acclaimed for its alternative distribution technology, has introduced an innovative virtual agency model to streamline the establishment of property and casualty (P&C) insurance agencies
Pro Global, a respected advisor in the specialist insurance sector, has significantly enhanced its Digital Services under the leadership of Kristy Lovegrove, Group Head of Technology. This strategic
In the competitive landscape of the insurance industry, retaining customers is crucial for driving profitability and sustainable growth. As customer expectations evolve, insurers must adapt by leveraging personalization
The U.S. Department of Labor (DOL) has taken action against T.G.H. Management Group Inc., a home care company based in California, for failing to pay overtime wages, marking
In the ever-evolving landscape of the insurance industry, one of the most enduring and significant challenges has been the high costs and infrequency associated with financial reporting analyses.
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