Category: Partnerships

HSB (Hartford), a provider of specialty insurance and technology services and a U.S. subsidiary of global reinsurer Munich Re, has announced that it will expand its suite of risk management technologies and financial protections through a strategic agreement with Schneider Electric.

Sapiens IDITSuite and Sapiens Intelligence will give the InsurTech’s Hong Kong general insurance operations greater automation and standardization.

Mosaic Insurance has launched a pioneering platform powered by California-based Safe Security to help underwriters evaluate cyber risk for brokers and insureds.

The signing of a multi-year purchase agreement between Carbonfuture and Swiss Re exemplifies how buyers can support carbon removal solutions that guarantee high quality standards.

Insurtech unicorn Zego and insurer QBE have expanded their existing partnership to cover individuals who use their own vehicle for work purposes.

Allianz Partners is extending its partnership with Iberia, Spain’s largest airline, for three more years.

2020 and 2021 saw a great deal of M&A activity in the insurtech space – activity that has since cooled and remained that way as we near the end of 2022. The overall investment in insurtech generally boomed during 2020 and 2021, as the use of special purpose acquisition companies (SPACs) peaked which continued to cool off in 2022.

WTW has collaborated with Liberty Specialty Markets (LSM) and Markel to launch the pilot phase of a new digital commercial insurance platform.

Insurtech Bluezone has secured its first-choice global reinsurer to partner with as it remains on track to launch its first product in the first quarter of 2023.

Betterview (San Francisco), an InsurTech provider of actionable property intelligence to property/casualty insurers, and core insurance system/platform provider Guidewire (San Mateo, Calif.), have announced the launch of Betterview’s new Hail Risk Insights, created in collaboration with Guidewire.