The insurance industry is currently experiencing a significant transformation driven by the need to integrate disparate systems and streamline operations. The introduction of integration accelerators, specialized tools designed
The new EU AI Act introduces comprehensive regulations impacting the deployment of artificial intelligence tools across various sectors, with human resources in global mobility being significantly affected. Addressing
The transformation of small business insurance is taking another significant leap forward with Next Insurance obtaining $265 million in strategic investment from insurance industry giants Allstate and Allianz
In a move set to revolutionize digital payments in the insurance sector, Checkout.com, a leading digital payments provider, has joined forces with Sure, an insurance technology pioneer. The
Aon, a global leader in professional services, recently signed an agreement to acquire UK-based insurance broker Griffiths & Armour, a move poised to bring significant benefits to clients.
In a significant move that underscores the shifting dynamics in the European insurance market, Swiss Re has agreed to sell iptiQ’s European property and casualty (P&C) business to
Venture capital funding in insurance technology start-ups, or insurtech, is poised to stabilize and reach $4.2 billion by the end of 2024, reflecting financial levels similar to those
The state of global insurtech funding by the end of the third quarter of 2024 reveals a nuanced picture of growth, challenges, and opportunities in the insurance technology
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
