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Skyscanner to Launch First of its Kind Travel Insurance
The unique package will initially be available to travellers as part of a phased roll-out in Europe, before becoming available in up to 50 countries worldwide. It includes a combination of medical, trip cancellation and airline insolvency cover, including protection against travel disruption and sickness caused by COVID-19. It has been specifically designed to protect travellers, provide clarity and give them peace of mind when taking a trip.
AXA XL and Xtract Partner to Digitize Commercial Auto Claims
AXA XL‘s insurance business has entered into a multiyear partnership and licensing agreement with Xtract to digitize, expedite and transform the commercial auto claims management process in the US.
Lloyd’s Targets Digital Efficiencies in Blueprint Two
Insurance and reinsurance marketplace Lloyd’s of London has set out the next phase of its transformation plan with the release of its second blueprint for change.
Prudential Builds Supplemental Health Claims Process from the Customer’s Perspective
The insurer has solved the perennial problem of under-utilization by simplifying a difficult claims process and going the extra mile to detect when employees may be eligible for a benefit they haven’t claimed.
Lloyd’s Eyes £800m Cost Savings with ‘Revolutionary’ Blueprint Two
Lloyd’s has set out the next phase of its transformation plan via its Blueprint Two in a bid to “build the most advanced insurance marketplace
Sapiens Launches IDIT Go, a Cloud-Based, ‘Plug ‘n Play’ P&C / General Insurance Solution
IDIT Go enables insurers to go-live in just a few months and quickly launch new offerings, empowering insurers to stay ahead of ever-changing market needs
Chewy Launches Telehealth Service for Pets
Pet e-commerce company Chewy launched a telehealth service called “Connect With a Vet,” that allows pet parents and veterinarians to leverage the company’s proprietary tele-triage
Zego Introduces New Combined Car Delivery Insurance
London-based provider of pay-as-you-go insurance Zego now offers 30-day and Annual combined car delivery insurance policies to delivery drivers working across the UK. Before launching
Newly Launched Speciality Broker NARDAC to Open London Office
Specialist energy and infrastructure insurance broker NARDAC is set to open a London office led by Peter Draper, the former international property director at AFL.
Prudential Retirement Enters Funded Reinsurance Business
Prudential Retirement, a business unit of Prudential Financial, is expanding its global longevity reinsurance business with a new offering. Prudential’s first transaction in the emerging
Guy Carpenter Launches New Marine & Energy division
Guy Carpenter, the reinsurance arm of global brokerage Marsh, has announced the launch of a new Marine & Energy mutual, agency and captive reinsurance solutions
Tractable’s AI Solution to Save Adjusters 360,000 Hours Annually
Property and casualty insurer MS&AD Insurance Group Holdings will adopt Tractable’s artificial intelligence (AI) solution across Japan in a bid to fast-track auto claims and
AXIS Insurance, Kennedys Law Launch Marine Cyber Product
Specialty insurer AXIS Insurance and Kennedys Law have collaborated on services for AXIS’ new marine cyber insurance product. This product offers coverage for the marine
Mercedes Bets on Evolution as Tesla Touts Revolution in Automated Driving
As Tesla touts the cutting-edge nature of its new Full Self Driving software, rival Mercedes-Benz says it has developed a similar system but stops short
Swiss Re Joins Global Health Coalition, Opens Up Data & Analytics Platform
Global reinsurer Swiss Re has joined a global coalition that aims to better predict and prevent outbreaks, epidemics and pandemics by leveraging data and analytics.
Slice Labs and AXIS Insurance Collaborate to Bring Home Based Business Insurance to Small Businesses
Slice Labs Inc., a technology startup with the first on-demand insurance platform, has created an alliance with AXIS Insurance to distribute AXIS Home Based Business
The Estonian Startup Saving Car Insurance Companies Billions
Estonian startup DriveX could save car insurance companies billions. Insurance may not be the most glamorous of industries, but it can be lucrative, especially for
Insurance Firm Chubb Life Launches Health Monitoring App
Chubb Life’s new Chubb LifeBalance app helps people view their health through a new lens. Available in Thailand, Hong Kong and Myanmar, the app is
Munich Re Speciality Launches New Cyber, Tech E&O Solutions
Munich Re Specialty Insurance, a division of the global reinsurer, has launched new cyber and technology errors and omissions (E&O) insurance solutions. The solutions are
Humn.ai Launches ‘Real-Time Risk’ Fleet Insurance Product
Humn.ai has launched a new fleet insurance product – Rideshur – which uses real-time data to generate premiums. The company says Rideshur is able to
Lloyd’s Approves Syndicate-in-a-Box, Picnic Syndicate 2460, to Support Mutuals
Asta, the third-party managing agent at Lloyd’s, announced the Council of Lloyd’s granted in-principle approval for the launch of Picnic Syndicate PIC 2460, a syndicate-in-a-box
Insurtech Vouch Insurance Expands Coverage to New York
Vouch Insurance, a business insurance platform for startups, has expanded its coverage into New York. The expansion is an effort to bring risk mitigation to
AXA XL’s New Energy Risk Insures Fuel Cell Project in South Korea
New Energy Risk (NER), an affiliate of global re/insurer AXA XL, has provided an insurance solution to Bloom Energy to facilitate the purchase and financing
Experts Say Tesla’s Unique Data-Tracking Abilities Give it an Advantage as Elon Musk Looks to Build a ‘Major Insurance Company’ for Tesla Owners
Elon Musk has made a name for himself as a data-savvy innovator, and he’s seeking to further that label with an ambitious goal: scaling up
Credit Suisse and AXA Launch Digital Bancassurance Services
Credit Suisse is launching integrated bancassurance solutions for clients in collaboration with AXA. Set to launch next week, CSX is Credit Suisse’s digital banking offering
Paris-Based Insurtech Luko launches a Remote ‘Home Maintenance’ Video Service
You’ve heard of telemedicine, but have you heard of tele-home maintenance? Today Luko, a fast-growing home neoinsurance has launched an innovative video consultation service of
Nippon Life to Launch Chatbot Training for Agents
Sensely, a chatbot platform, is working with Nippon Life Insurance to launch an avatar-based sales rep training program to enhance and extend sales using voice-driven
Combined Insurance Launches New Online Accident Product
Provider of supplemental accident, health and life insurance products Combined Insurance, a Chubb company, announced the launch of a new online accident insurance product for
O2 Broking Registered as First Lloyd’s Broker in Denmark
O2 Broking ApS has been approved as the first Lloyd’s Registered Broker in Denmark as part of the re/insurance marketplace’s preparations for Brexit. Lloyd’s previously
Founder of Kiwi Introduces Pilotbird, an Insurance Analytics Product Company
The new company empowers carriers to make the insurance experience more relevant by leveraging social data Introduced today by Evgeny Aleksandrov, Founder of Insurtech startup,
Zurich Adds Medical Stop Loss for National Carrier-Administered Programs
The North American business of global insurer Zurich is launching a medical stop loss insurance product for larger employers with self-funded group health plans administered
Geotab and Mercedes-Benz Launch Integrated Telematics System
A new integrated telematics package has been launched by telematics firm Geotab and Mercedes-Benz Connectivity Services. It is available to order for Mercedes-Benz cars and
New Digital Car Insurance in the UAE Rewards you for Driving Safely Embargo
UAE drivers who drive safely on the road will now be rewarded with free meals, discounted hotel stays and gym memberships if they sign up
Risk Theory Launches Downstream Energy Insurance Program for Contractors
Dallas-based specialty lines insurance manager, Risk Theory LLC, has launched of a new specialty underwriting unit, Carbon Underwriters, for downstream energy contractors. Carbon Underwriters’ multi-line
Zurich Adds Medical Stop Loss Product for National Carrier-Administered Programs
Zurich North America is launching a medical stop loss insurance offering for larger employers with self-funded group health plans administered by national carriers. The new
Meet the Insurtech: Lori
HYLA Mobile, a mobile-device trade-in company, has launched Lori, a device-insurance company with the goal of creating more flexible protection offerings. Lori enhances the mobile
Metromile ‘Ride Along’ Lets Drivers See Benefits of Pay-Per-Mile Insurance
After downloading the Metromile app, drivers are shown their monthly rates and estimated savings and offered the opportunity to conveniently switch their coverage to Metromile.
Munich Re Introduces Lawyers Professional Liability Coverage
Global reinsurer, Munich Re has announced the introduction of Lawyers Professional Liability (LPL) insurance, an errors and omissions policy specially designed for mid-size law firms.
Attune Announces New BOP Product
Attune Insurance Services today announced the launch of a new Businessowners’ Policy with Accredited Surety and Casualty Company (“Accredited”) serving as the carrier. The Businessowners’
Zurich Boosts Insurance Offering
The travel insurance industry may have taken a big hit this year amid all the coronavirus-led cancelations, but Zurich is hoping to extend its services
BGL Group Launches Counter Fraud Capability Using AI
BGL Group announced the launch of counter fraud ‘pre-sale’ technology that uses artificial intelligence and machine learning to identify criminal activity. This technology is the
Daimler & Swiss Re Launches Mobility Insurance Venture
Swiss Re and carmaker Daimler announced a joint automotive and mobility insurance venture on Monday, seeking to tap into a wealth of new data generated
Chubb Launches UK Personal Cyber Product
Re/insurer, Chubb UK has announced the launch of a new personal cyber product to protect individuals and their families. Chubb’s Personal Cyber Insurance provides a
Munich Re Automation Solutions to Invest €16mn in R&D Program
Dublin-based Munich Re Automation Solutions, a subsidiary of the global reinsurer, is set to invest roughly €16 million in a research & development program and
PCS Launches New Data Set for Cyber Risk
Property Claim Services (PCS), a Verisk Analytics business, has announced the launch of a new data set to help cyber insurers and reinsurers optimise their
Aon Develops ‘Largest of its Kind’ Insurance Policy
Aon Plc has arranged an intellectual property collateral insurance policy in excess of $100 million – a bespoke policy that the broking giant believes is
Revolut Singapore Ties up With Insurtech to Offer Lifestyle-Based Insurance
Revolut and SNACK by NTUC Income, an insurance cooperative in Singapore, announced a partnership to incorporate lifestyle-based insurance offerings. The COVID-19 pandemic has thrust cloud
Walmart’s Health Plans Launch In Time For Medicare Open Enrollment
Walmart is launching health plans through a new brokerage that will be available for the first time for seniors signing up this fall for Medicare
zizzl Launches Budget Friendly Health Insurance Solution for Business
zizzl, a benefits consulting firm has announced the launch of zizzl Health. “Gone are the days of nervously waiting for that health insurance renewal to
Insurtech Superscript Becomes a Registered Lloyd’s Broker
Superscript, the business insurance challenger previously known as Digital Risks, has become a Lloyd’s registered broker — a sign of the continued digitalisation of the
Innoveo Launches the Power of eBro for the SME Broker Market
Innoveo, a leading technology company, is leveraging its no-code rapid application development expertise to deliver digitization to the SME agency broker market with eBro, a
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