Caitlyn Jones

In an era where cyber threats are increasingly sophisticated and pervasive, the strategic partnership between Helvetia, a renowned Swiss insurance provider, and Coinnect, a cutting-edge cyber risk management platform, signifies a pivotal advancement in Cyber Insurtech solutions. This collaboration, initiated with the aim of leveraging Coinnect’s AI-powered cyber risk assessment platform, is set to commence by the end of the

The insurance landscape is undergoing significant changes, especially with rising premiums and limited coverage options putting pressure on property owners and managers. In this evolving scenario, Honeycomb Insurance has made a notable impact by expanding its operations to Washington and Maryland. This move extends its reach to over 60% of the U.S. population, equating to more than $35 billion in

The emergence of Parametrix Enterprise Solutions signifies a pivotal moment in the landscape of cyber insurance, devising an innovative approach to safeguarding businesses against the financial ramifications of digital disruptions. Unlike traditional insurance methods, which often prove inadequate due to their inflexibility and slow payout processes, Parametrix offers a novel parametric model that promises rapid reimbursement based on predefined payout

The increasing frequency and severity of extreme weather events have put immense pressure on the insurance industry, compelling insurers to rethink their traditional risk assessment models. Artificial Intelligence (AI), often seen as a transformative technology, is now being considered crucial for managing climate-related losses. According to a recent survey conducted by ZestyAI, a significant 73% of insurers regard AI as

The unexpected re-election of Donald Trump as the 47th U.S. president in 2024 has sent shockwaves through various sectors, including the global InsurTech industry. Trump’s return to the Oval Office, marked by dramatic events and a further entrenchment of ‘Trumpism,’ signifies a significant shift in the American political landscape. This article explores the potential implications of Trump’s presidency for the

Everest Reinsurance has made a significant appointment by naming Emily Davis as the head of its global specialties business, a division that encompasses aviation, marine, cyber, engineering, and parametric solutions. With business centered on emerging and complex risks, the organization has elected Davis to steer this critical segment forward. Before taking on this pivotal role, Davis served as VP and

In a strategic move to address the pressing issue of inadequate homeowners’ insurance options in regions prone to natural disasters, SageSure has announced a collaboration with Auros Reciprocal Insurance Exchange. This partnership particularly targets Louisiana and Mississippi, areas that frequently grapple with high insurance demand but limited availability due to the natural disaster risks they face. The union aims to

Akur8, a leading firm in the InsurTech industry, has recently revealed a strategic partnership with Windward Risk Managers, a key player in Florida’s property insurance market. This alliance seeks to revolutionize Windward’s predictive modeling capabilities, which is expected to vastly improve pricing accuracy and operational efficiency in their personal lines of business. The collaboration leverages Akur8’s Transparent Machine Learning (ML)