In a significant development in the insurance industry, Akur8’s RISK and RATE modules have been chosen by MAPFRE, the ninth-largest insurance company in Europe and the seventeenth largest globally. This partnership not only reinforces Akur8’s position in the Spanish market but also highlights its reputation as the preferred choice for major players in non-life insurance pricing. Akur8 in the Spanish
The insurance industry is on the brink of a digital revolution, and Root, a leading insurance technology platform provider, is spearheading this transformation. With its recent entry into the UK insurance market in 2023, Root has announced a strategic partnership with Connect by Admiral. This partnership aims to establish Root as the go-to platform for insurance businesses looking to enhance
Swifter.io, an innovative insurance experience platform, has officially become a participant in Guidewire’s InsurTech Vanguards program. This collaboration between Guidewire and swifter.io aims to educate insurers about the latest InsurTech solutions and the optimal strategies for their implementation, ultimately transforming the insurance distribution landscape. InsurTech Vanguards Program Overview The InsurTech Vanguards program serves as an exclusive community, comprising handpicked startups
North Star Mutual Insurance Company, a leading insurance provider, has announced its strategic partnership with InsurTech leader Kalepa to leverage their highly acclaimed Copilot underwriting platform. This collaboration aims to revolutionize the company’s underwriting processes across property, liability, and umbrella lines of businesses. By harnessing the power of advanced technology, North Star Mutual Insurance Company aims to enhance its risk
European boutique Managing General Agent (MGA) Alta Signa Europe B.V. has recently announced the launch of its dedicated European Marine underwriting business. This strategic move is expected to create ripples in the insurance market as Alta Signa aims to expand its portfolio and offer specialized services to the Continental European Specialty Insurance market. Leadership and Focus Under the leadership of
The insurance industry, like many others, is undergoing a significant transformation with the upcoming implementation of Blueprint Two. As industry players gear up for this shift, brokers find themselves at the forefront of discussions. The main focus of the discourse has been the readiness of brokers to embrace the first phase of Blueprint Two, with a mandated deadline of July
Norton Rose Fulbright, a global law firm, is currently inviting entries for its seventh Insurathon, an illustrious competition that fosters innovation in the InsurTech sector by supporting start-up and scale-up technology businesses. This initiative is not just a contest; it is a cradle of technological advancements in the insurance industry, pushing the boundaries of what is possible. Support for Start-up
Global law firm Norton Rose Fulbright has opened the doors to its seventh Insurathon competition, offering support and investment to start-ups and scale-ups in the insurance sector. The competition aims to foster technological advancements and innovation within the industry, providing a platform for emerging businesses to showcase their ideas and solutions. Past Support and Investment Since the launch of the
Newgen, a leading provider of content services and digital transformation solutions, has recently announced the availability of their state-of-the-art Guidewire Cloud-validated accelerators on the Guidewire Marketplace. This collaboration between Newgen and Guidewire opens up a world of possibilities for users of Guidewire ClaimCenter and PolicyCenter on Guidewire Cloud, offering them enhanced experiences and improved efficiency in their daily operations. Collaboration
Erie Strategic Ventures, the venture capital arm of Erie Insurance, has recently announced investments in three innovative startups operating in the personal and commercial insurance value chain. This move reinforces the company’s commitment to supporting technological advancements and enhancing the insurance experience for its customers. The investments span across tech-enabled pet wellness and insurance, AI-powered insurance operations, and digital estate
North Star Mutual, a leading insurance company, made a significant stride in underwriting by deploying Kalepa’s Copilot in June of 2023. The implementation of Copilot has revolutionized their underwriting processes across property, liability, and umbrella lines of business. This article delves into the impact of Copilot on North Star Mutual’s underwriting operations and its commitment to providing long-lasting coverage for
The Canadian Automobile Association (CAA) has joined forces with Securian Canada to introduce a new range of life, health, and dental insurance solutions. This partnership aims to provide CAA’s membership base of over seven million members with innovative insurance products and a digital-first customer experience. The collaboration between Securian Canada and CAA aims to bring forth a suite of insurance
