
The persistent issue of the loyalty penalty in the UK insurance market has prompted a £1 million investment into a novel open-banking reward system. This capital injection, secured by the Manchester-based InsurTech startup Fruga, represents a significant turning point for

The persistent issue of the loyalty penalty in the UK insurance market has prompted a £1 million investment into a novel open-banking reward system. This capital injection, secured by the Manchester-based InsurTech startup Fruga, represents a significant turning point for

The American Property Casualty Insurance Association contends that treating traditional pricing formulas as AI will dilute the effectiveness of tools designed to monitor machine learning. This tension has reached a boiling point as the National Association of Insurance Commissioners moves
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The reinsurance sector is witnessing a significant advancement with the newly announced partnership between Howden Re and Temblor Inc. This collaboration is poised to revolutionize earthquake risk assessment and management, particularly focusing on Turkey. Leveraging Temblor’s cutting-edge SiteAmp model, Howden

The increasing significance of compliance with governmental sanctions within the InsurTech sector cannot be overstated. These sanctions serve as crucial mechanisms in the broader landscape of international finance and security. Insurance companies are facing heightened scrutiny from regulatory bodies like
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The reinsurance sector is witnessing a significant advancement with the newly announced partnership between Howden Re and Temblor Inc. This collaboration is poised to revolutionize earthquake risk assessment and management, particularly focusing on Turkey. Leveraging Temblor’s cutting-edge SiteAmp model, Howden

Aventum, a prominent international (re)insurance group, has recently unveiled a groundbreaking technological innovation with the launch of its AI Underwriting Assistant. This key advancement was brought to life from the company’s first Bear Cave Innovation Challenge, an initiative aimed at

In an effort to protect Kenyan coffee farmers from the financial devastation caused by increasingly frequent droughts, a pioneering parametric insurance product has been launched. This initiative is a collaborative effort between Liberty Mutual Reinsurance (LM Re), Insurtech firm Sprout,

The burgeoning partnership between Cytora, a prominent AI-based risk processing platform, and Arch Insurance Group, a global insurance giant, is set to revolutionize the U.S. underwriting landscape. This collaboration, which builds on a successful UK initiative, aims at digitizing risk

Jetty, a company renowned for its innovative solutions in the rental market, has recently announced a pivotal partnership with two major insurance entities – Fortegra and Allianz. By joining forces with these industry giants, Jetty aims to bolster its insurance

The increasing significance of compliance with governmental sanctions within the InsurTech sector cannot be overstated. These sanctions serve as crucial mechanisms in the broader landscape of international finance and security. Insurance companies are facing heightened scrutiny from regulatory bodies like
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