AI AND INSURTECH – Page 4
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NewsSwiss Re enters Lloyd’s Lab
The reinsurer has entered the accelerator’s eighth cohort with an ESG proposition
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NewsDWIC 2022: Pandemic accelerates insurtech growth
The insurtech sector in the MENA region has enjoyed substantial growth over the past two years, in part driven by the global pandemic.
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NewsCharles Taylor InsureTech launches hub to empower industry’s value chain
Charles Taylor InsureTech has today (15 March 2022) launched a cloud-based Software as a Service (SaaS) capability proposition named InHub to enable the insurance value chain to drive better results.
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NewsInsurtech UK to tap into US market with new insurance corridor
Insurtech startup trade association Insurtech UK yesterday (10 March 2022) launched an insurance corridor between the UK and Connecticut, USA.
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NewsDWIC 2022: Is AI the next ‘silent cyber’?
Re/insurers are blissfully unaware of their growing exposure to AI-related liabilities, warned Simmons & Simmons
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NewsPolish insurer taps Tractable’s artificial intelligence platform
Polish insurer PZU will be using Tractable’s artificial intelligence (AI) platform to create immediate end to end assessments and estimates of vehicle damage.
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NewsInsurtech receives ‘in principle’ approval for Lloyd’s syndicate in a box
Insurtech Micro Insurance Company (MIC) Global has received ‘in principle’ approval from Lloyd’s for the creation of a syndicate in a box (SIAB), called MIC 5183.
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NewsLaka raises $12m to build e-mobility insurtech in Europe
Insurtech Laka has raised $12m (£8.8m) in a series A funding round - this will be used to build an e-mobility insurtech in Europe.
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NewsTractable chosen as US-based insurtech’s AI partner
US insurtech Root Insurance has chosen artificial intelligence (AI) company Tractable to help it streamline and develop its claims operations.
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NewsInsurtech investment surpasses $10bn in Q3 – Willis Towers Watson
Insurtech investment surpassed $10bn in the third quarter of 2021 according to Willis Towers Watson’s (WTW) latest Quarterly Insurtech Briefing published today (27 October 2021).
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News
Coalition completes acquisition of Attune Insurance
The acquisition of Attune creates the world’s largest commercial insurtech and positions the combined entity to capture a $100 billion+ market opportunity in the P&C insurance market.
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NewsTelematics insurtech teams up with ex-Aviva boss Wilson
Telematics insurtech, Ticker has partnered with Mark Wilson’s insurtech, Abacai to enhance its pricing model.
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NewsFormer bosses at Munich Re Digital and Bupa back insurtech’s £1.5m raise
Insurtech Anansi Technology has secured £1.5m seed funding led by Octopus Ventures.
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NewsEx-Munich Re director joins Ticker as new chief operating officer
Motor insurance focused insurtech Ticker has hired Yannis Korgialos for its executive team, appointing him as its new chief operating officer.
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NewsConcirrus unveils new IoT platform for commercial insurance market
Insurtech, Concirrus has launched a new Internet of Things (IoT) platform for the commercial insurance market.
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NewsMarshmallow finalising cash injection to become latest insurtech unicorn
Marshmallow Financial Services is finalising a funding a round that will see the digital motor insurer become worth $1.2bn (£898m) and the latest unicorn.
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NewsFCA to allow rolling applications for regulatory sandbox
The FCA will now be allowing rolling applications for its regulatory sandbox.
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NewsMore insurtech M&A deals to be had – Willis Re
There has been an upward swing towards insurtech M&A as the Covid-19 pandemic has accelerated the move to digital - however, Willis Re’s global head of insurtech Andrew Johnston predicts more mergers are yet to come.
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NewsZurich considers AI-related emerging risks
Liabilities could arise from the unintended consequences of decisions made by algorithms and artificial intelligence
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NewsSoaring insurtech investment to impact actuary work and job opportunities – IFoA
The increasing investment in the insurtech sector will have an impact on the type of work actuaries carry out and the job opportunities available, according to the latest report from the Institute and Faculty of Actuaries (IFoA).
