Miller, a leading independent specialty insurance broker, is making waves in the financial services industry as one of the first organizations in the UK to combine Salesforce Einstein and Financial Services Cloud. By capitalizing on the advanced capabilities of AI-driven tools, Miller is empowering its teams to provide more personalized and impactful client service experiences. Additionally, these tools are enhancing
Backed by the European Space Agency, insurtech start-up BirdsEyeView has announced a successful funding round, raising an undisclosed seven-figure sum. This funding will be instrumental in the company’s expansion plans in both the UK and US markets, as well as further developing their revolutionary RAPTOR™ technology. Designed to leverage artificial intelligence (AI) and petabytes of climate data, BirdsEyeView is revolutionizing
Qover, a company specializing in embedded insurance orchestration, has announced its partnership with ZEEKR, a luxury electric vehicle (EV) brand. This collaboration aims to provide a tailored insurance program for ZEEKR customers, and it will initially be launched in the Netherlands. The Embedded Insurance Solution In a remarkable feat, Qover has developed and launched an embedded insurance solution for ZEEKR
MIS, a leading geospatial intelligence provider, is delighted to announce the extension of its successful partnership with the Lloyd’s market. As a pioneer in providing advanced data and imagery solutions for the global insurance industry, MIS has equipped the Lloyd’s market with its innovative Global Events Observer (GEO) platform. Accessible to all qualifying Lloyd’s Managing Agents, GEO expedites claims decisions,
In a recent investment round led by Eos Venture Partners, Mulberri, a rising player in the insurance industry, has successfully raised a substantial sum of $6.75 million. This fresh injection of capital serves as a pivotal moment for the company, expressing the unwavering confidence investors have in its innovative business model and future growth prospects. Significance of Investment The significant
The National Labor Relations Board (NLRB) has recently taken a series of actions that favor employees, raising concerns among employers about the potential consequences. These moves include invalidating confidentiality and nondisparagement provisions in employment agreements, asserting the position that most noncompete agreements are illegal, and imposing stricter scrutiny on workplace rules. In this article, we will delve into each of
In response to the escalating global threat of cyber-attacks and the increasing importance of the cyber insurance market, KYND Limited and Consilium have formed a strategic partnership. This collaboration aims to equip insurance brokers with cutting-edge cyber risk assessments from KYND, enabling them to gain in-depth insights into prospective and existing clients’ exposure to cyber risks. With an anticipated market
As Ukraine continues to grapple with the consequences of an ongoing war, Marsh McLennan’s new facility, Unity, offers a glimmer of hope for the country’s struggling economy. This innovative insurance solution aims to support Ukrainian grain exports and alleviate the challenges posed by the blockade of Ukrainian grain ports by Russia. By providing affordable and comprehensive coverage for shipowners and
In a significant development aimed at broadening connections across various industries, Turkish President Recep Tayyip Erdogan and Greek Prime Minister Kyriakos Mitsotakis have joined forces in an agreement, with a particular focus on the reinsurance sector. This partnership holds great potential for enhancing bilateral relations and fostering mutual growth and development between Turkey and Greece. Friendship Declaration and Enhanced Tourism/Cultural
In an era of technological advancements and an increasingly connected world, the insurance market is witnessing a surge in the use of data collection from alternative sources. Insurers, alongside insurtech ventures, have traditionally relied on insureds’ information obtained through proposal forms to assess risks and set policy prices. However, the rise of wearable technology and other innovative data sources has
CyberCube, a leading provider of analytics for the cyber insurtech industry, has released Account Manager v5, a new version of their portfolio modelling product called Portfolio Manager. This latest update further enhances the capabilities of Account Manager, allowing clients to quantify the impact of individual accounts on their overall portfolio’s loss profile. With this powerful tool at their disposal, underwriters
In a groundbreaking move, VOOM Insurance, an innovative Insurtech company at the forefront of the future of mobility, is set to launch its latest offering – VOOM & Drive. This usage-based insurance auto policy is designed specifically to cater to the needs of rideshare and delivery drivers in the gig economy. With personalized rates and a focus on affordability, VOOM
