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
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
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
The emergence of technology in the insurance sector has consistently pushed the boundaries of traditional practices, aiming for more accurate, data-driven solutions. Recently, SchemeServe, a leading provider of
Vertafore, a leading provider of insurance technology, has acquired Surefyre, an advanced submission and underwriting platform designed to support Managing General Agents (MGAs) and wholesalers. This strategic acquisition
Bindable, an InsurTech firm acclaimed for its alternative distribution technology, has introduced an innovative virtual agency model to streamline the establishment of property and casualty (P&C) insurance agencies
Pro Global, a respected advisor in the specialist insurance sector, has significantly enhanced its Digital Services under the leadership of Kristy Lovegrove, Group Head of Technology. This strategic
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