All Insurtech articles
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NewsEurope’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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NewsSRCC 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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NewsOpen-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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NewsMcGavick 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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NewsHarnessing 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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NewsDavies 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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NewsDigital 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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NewsDavies 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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NewsLatAm 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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NewsAI 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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NewsGearing 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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NewsDavies 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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NewsZywave: 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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NewsEight 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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NewsTwo-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.
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News‘Do the simple stuff first’ with data journeys – AdvantageGo’s Summers
Long projects in technology have very bad track records,’ warns AdvantageGo’s global business leader Ian Summers.
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NewsAI and insurance: ‘The Hare and the Tortoise’ – Earnix CEO interview
The insurance industry is renowned for its conservatism; AI on the other hand, is talked of in revolutionary terms; where and how will the two meet?
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NewsAI adoption in the insurance sector: views may differ – Earnix
Many people are still getting their heads around what artificial intelligence means. Perceptions of it vary considerably, for a technology based on data and certainty, with plenty of uncertainty about how its insurance industry rollout should proceed, Aaron Wright, director of Strategy, Earnix, tells GR.
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NewsWhitespace US expansion reflects E&S boom – Verisk’s Gaydos
Verisk’s Greg Gaydos explained why the US excess and surplus lines are the natural next step for its Whitespace product.
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NewsEvent loss sizing as the flood waters rise – Q&A with ICEYE
As climate change and shifts in land use drive an increase in flood events, Rupert Bidwell, ICEYE’s vice president, insurance solutions, explains how satellite data can help insurers size the impact of the event, manage capital and set reserves much more quickly and effectively.
