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Infineo, an insurtech seeking to digitise the $3 trillion life insurance market through blockchain and AI technologies, has announced it has transacted the first-ever tokenised life insurance policy.
Fusion Specialty has announced it is expanding its partnership with HDI Global Specialty SE into the Americas. The partnership will offer increased capacity for representations and warranties, contingent insurance, and tax lines.
Cytora, the digital risk processing platform, has announced it is partnering with ChAI, an AI-powered market intelligence and commodity pricing forecaster, aiming to help insurers navigate uncertain market conditions.
Rainbow, a leading provider of insurance solutions to restaurants, has announced it is partnering with Agentero, the digital insurance network.
UK-based insurtech Pikl has announced it is partnering with Prestige Underwriting, backed by Aviva, in a move that will see Pikl transfer its existing UK MGA capacity for its specialist vacation rental insurance cover into this new expanded facility.
PwC UK achieved a 30% improvement in claims lifecycle efficiency through the implementation of the Appian AI Process Platform.
Zurich Insurance has announced the acquisition of a 70% stake in Kotak Mahindra General Insurance Company Limited (“Kotak General Insurance”), marking a significant milestone as the first foreign insurer to enter India since the foreign direct investment (FDI) rules were amended to allow up to 74% foreign ownership in 2021.
Bikmo, a specialist cycling insurer, has announced it is partnering with Trek, becoming their Retail Stores’ official insurance provider across the UK, Germany, and Austrian markets.
CAPE Analytics, a leader in AI-powered property insights for insurance and real estate risk, has announced it is partnering with Vexcel, a leader in aerial imaging.
John Hancock, a unit of Toronto-based Manulife, announced today that it is the first life insurer in the U.S. to offer discounted access to Prenuvo’s state-of-the-art whole-body MRI scans to eligible John Hancock Vitality customers.
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