All Insurtech articles
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Verisk: Industry leaders warn on volatility, resilience, and a need for shared data standards
Executives from Lloyd’s, Aviva and Verisk used the Verisk Insurance Conference 2025 in London to deliver a shared message: insurance must brace for more volatility, adapt to rapid technological shifts, and adopt common standards to keep pace with the risks facing clients.
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Frequency perils lead cat surge to $152bn expected insured annual cost – Verisk
A report from insurtech and catastrophe risk modeller Verisk highlights the strain on insurers as severe thunderstorms, wildfires and floods drive sustained losses, with exposure growth and climate change adding further pressure
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A call for pragmatic digital transformation in the London market – Ebix Europe
GRLC standards are just the start, writes Jeff Ward, sales director, Ebix Europe, on what a future digital London market might look like
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Gallagher Re: Global insurtech funding surpasses $60bn milestone
Quarter of total investment linked to AI-focused companies, as Q2 report highlights shifting dynamics across L&H and P&C sectors
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Alta Signa: AI, DORA and the Data Dilemma - Why Europe’s Cyber Insurance Market Can’t Afford Complacency
By Ingo Trede, European head of technical underwriting, and Audrey Louche, cyber underwriter, Alta Signa.
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Europe’s MGA market rises as tech-driven growth channel, says Howden Re
European managing general agents (MGAs) are emerging as a high-growth, technology-enabled force in the global insurance distribution landscape, according to a new report by reinsurance broker Howden Re.
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SRCC losses could top $20bn in Lloyd’s US quake scenario, Synthetik Modelling warns
A new modelling analysis of a Lloyd’s extreme disaster scenario has revealed potential insured losses from follow-on civil unrest could exceed $20bn, with mid-sized cities and overlooked exposures posing unexpected threats to re/insurers.
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Open-Source Risk Modelling: Unlocking Global Access to Resilience
Open modelling is about more than individual loss events, it’s about global capacity building and risk understanding, writes Dickie Whitaker, CEO, Oasis Loss Modelling Framework.
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McGavick joins mea board as chairman and strategic advisor
Re/insurance industry veteran leader and former XL chief executive to support AI platform’s insurance market growth push.
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Harnessing intelligent use of data to revolutionize claims processing
By properly harnessing data, insurers can supercharge efficiency, cut costs, and enhance the customer experience, writes Darren King, vice president, claims, EMEA & APAC, Xceedance.
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Davies opens Qatar office to grow Middle East footprint
Ricky Maloney, who serves as Qatar country executive and head of the GCC region, will lead the office.
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Digital Transformation: A Middle Eastern Opportunity – Verisk
Verisk’s Tim Rayner spoke to GR on challenges of navigating technological changes in a complex marketplace, and opportunities in the UAE and Saudi Arabia.
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Davies promotes Patel to North American CEO
Insurance services firm Davies said technology was expanding its North American arm, focused on claims administration and risk management services.
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LatAm ends 2024 with 502 insurtechs, despite challenges – MAPFRE
Insurtech funding in LatAm reached $92m last year, down 38% on the previous year, but the second half also saw a 156% rebound compared with the first half of 2024.
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AI Act: Europe’s bid for trustworthy AI development and global leadership – Earnix
AI systems must be transparent, free from bias, and easily explainable, writes Robin Gilthorpe, CEO of Earnix.
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Gearing up for AI: Best practices of data management – Xceedance
Brandon Nuttall, chief digital and AI officer at Xceedance, explains why data management is essential if insurance innovators want to supercharge their businesses.
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Davies appoints Button as deputy CEO
New deputy CEO was previously North American boss and M&A director; the insurance services firm also outlined a “Vision-2030” strategy.
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Zywave: How AI is changing the insurance industry’s reputation
Artificial Intelligence has the potential to benefit both insurance professionals and consumers, says Doug Marquis, chief technology officer at Zywave.
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Eight tips to avoid a data migration migraine – Xceedance
In an era where data is pivotal, effective data migration is critical for insurance companies aiming to stay competitive. Jarno Seegers, vice president, business development at Xceedance, looks at the intricacies of data migration and offers eight top tips to deliver migration projects.
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Two-thirds of insurers plan to implement AI predictive models within two years – Earnix
The technology firm surveyed more than 400 global insurance executives to uncover technology and artificial intelligence (AI) trends, revealing that replacing legacy systems remains a significant challenge.