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Insurtech Funding Trends 2024: AI Focus and Early-Stage Resilience
November 6, 2024
Insurtech Funding Trends 2024: AI Focus and Early-Stage Resilience

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 landscape. Insurtech, which refers to employing innovative technology to enhance and disrupt

Will Allianz Direct’s Acquisition of iptiQ Boost Its European Market?
November 6, 2024
Will Allianz Direct’s Acquisition of iptiQ Boost Its European Market?

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 digital division of Allianz Group. This decision is part of Swiss Re’s

Why Are Insurers Choosing Sophisticated Pricing Over Transparency?
November 6, 2024
Why Are Insurers Choosing Sophisticated Pricing Over Transparency?

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 adopting sophisticated tools like machine learning and price optimization algorithms, insurers aim

Insurers Target AI and Modern Systems Amid Compliance Struggles
November 5, 2024
Insurers Target AI and Modern Systems Amid Compliance Struggles

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 30% have managed to fully implement AI technologies to date, reflecting the

SchemeServe and Addresscloud Partner to Enhance Property Insurance Accuracy
November 5, 2024
SchemeServe and Addresscloud Partner to Enhance Property Insurance Accuracy

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 ability to deliver precise, data-backed premiums for individual properties. The core goal

Delos Secures $9M to Revolutionize Wildfire Insurance with Tech
November 5, 2024
Delos Secures $9M to Revolutionize Wildfire Insurance with Tech

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 wildfire risk, particularly in high-risk areas. Leading the funding initiative was HSBC

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Insurtech Funding Trends 2024: AI Focus and Early-Stage Resilience
November 6, 2024
Insurtech Funding Trends 2024: AI Focus and Early-Stage Resilience

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 landscape. Insurtech, which refers to employing innovative technology to enhance and disrupt

Will Allianz Direct’s Acquisition of iptiQ Boost Its European Market?
November 6, 2024
Will Allianz Direct’s Acquisition of iptiQ Boost Its European Market?

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 digital division of Allianz Group. This decision is part of Swiss Re’s

Why Are Insurers Choosing Sophisticated Pricing Over Transparency?
November 6, 2024
Why Are Insurers Choosing Sophisticated Pricing Over Transparency?

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 adopting sophisticated tools like machine learning and price optimization algorithms, insurers aim

Insurers Target AI and Modern Systems Amid Compliance Struggles
November 5, 2024
Insurers Target AI and Modern Systems Amid Compliance Struggles

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 30% have managed to fully implement AI technologies to date, reflecting the

SchemeServe and Addresscloud Partner to Enhance Property Insurance Accuracy
November 5, 2024
SchemeServe and Addresscloud Partner to Enhance Property Insurance Accuracy

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 ability to deliver precise, data-backed premiums for individual properties. The core goal

Delos Secures $9M to Revolutionize Wildfire Insurance with Tech
November 5, 2024
Delos Secures $9M to Revolutionize Wildfire Insurance with Tech

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 wildfire risk, particularly in high-risk areas. Leading the funding initiative was HSBC

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