Product launches
We regularly curate the latest insights and reports provided by and in collaboration with our partners and stakeholders to create the largest platform for knowledge-sharing and development within the world’s insurance industry.
Blink Parametric Launches Travel Assistance App with Gigasure
Blink Parametric has launched a new app-based travel assistance bundle in collaboration with Gigasure, marking a significant step in simplifying access to real-time travel benefits.
Rokstone Establishes US Excess Casualty Division
Rokstone, the specialty (re)insurance MGA and Aventum subsidiary, has announced the appointment of Laurence Burrows as it enters the U.S. Excess Casualty division.
Marsh Launches Carbon Capture Storage Product
Marsh has announced the launch of a new insurance product specifically tailored for the transportation and storage of carbon dioxide (CO2).
Amwins Launches New Golf Course Insurance
Amwins, the specialty insurance distributor, has launched a new “Tees-to-Green” flood insurance programme in partnership with Floodbase and with support from highly reputable carriers.
Insurity Unveils New Spreadsheet API to Transform Insurance Product Development
Insurity, a leading provider of cloud-based software and analytics for insurance carriers, brokers, and managing general agents (MGAs), has introduced its latest innovation, the Insurity Spreadsheet API.
PhonePe Launches Pre Approved Term Life Insurance
PhonePe has announced the launch of a ‘pre-approved term life insurance’ feature on its platform. This new feature is designed to make insurance coverage more accessible and affordable for millions of Indians by waiving the requirement for proof of income at the time of policy purchase.
Cayman Islands Launches Parametric Hurricane Product
The Cayman Islands National Insurance Company (CINICO) has announced the launch of a new home insurance policy that includes Parametric Coverage.
Insurtech Cresso Health Launches in US
Cresso Health, an insurtech providing sales and marketing solutions for health insurance carriers in the U.S., has officially launched today.
Pine Walk Launches Renewables MGA
Pine Walk Capital Limited, the specialist MGA platform and subsidiary of the Fidelis partnership, has today launched Novagen, a new MGA specialising in renewables.
Verisk Launches New Library and Contract Building Functionalities
Whitespace, the digitally-native e-trading platform and a Verisk subsidiary, has announced the launch of new library and contract builder capabilities which will help clients in the global (re)insurance market save time and minimise the risk of human error.
ZestyAI Launches Z-WATER
ZestyAI, a provider of AI-powered climate and property risk analytic solutions, has launched a new product, Z-WATER, to combat one of the leading catalysts of insurance losses: interior water.
Pet Business International Launches in U.S.
Pet Business International, a leading provider of instant online insurance quotes for small to medium-sized pet businesses, is launching in the US today.
Duck Creek Launches New Product for P&C Insurers
Duck Creek Technologies has launched Policy with Active Delivery, a new product which aims to streamline operations for property and casualty insurers.
Emerald Bay and Curotech Launch New Property Offering
Emerald Bay Risk Solutions, a cooperative underwriting carrier, has announced a partnership with Curotech Specialty, a technology-driven MGA, to launch an excess and surplus commercial property programme.
Renaissance Launches New Health Offering
Renaissance Life and Health Insurance Company has announced the expansion of its group insurance offerings with an innovative supplemental health solution.
Everest Launches Mt. Logan Capital Management, Ltd.
Everest Group, the Bermuda-based (re)insurer, has unveiled a new structure for its alternative reinsurance capital business, transforming it into a multi-vehicle capital management platform through the launch of Mt. Logan Capital Management, Ltd. (MLCM).
Embroker Launches Specialised Real Estate Insurance Programme
Embroker, a US digital insurance company, has launched a bespoke insurance programme for real estate agents and brokers.
Insurtech Plum Launches Plum Perks
Plum, one of India’s leading insurtech platforms, has today launched Plum Perks, a comprehensively curated suite for healthcare and wellness benefits for employees.
Five Sigma Launches AI-Powered Claims Adjuster Clive™
Five Sigma, a leading AI claims management software company, has announced the launch of “Clive™”, the insurance industry’s first AI-powered Insurance Adjustment Agent.
Priceline and Cover Genius Forge Global Partnership to Enhance Travel Protection Services
Priceline, a pioneer in online travel services, has teamed up with Cover Genius, a leading insurtech provider, to roll out advanced travel protection solutions across North America.
Ushur Launches AI Solution to Enhance Insurance Onboarding
Ushur, an insurtech specialising in AI-powered customer experience automation, has announced the launch of a new pre-built automation solution.
Insurity Launches Interaction Platform Powered by Glia to Boost Digital Engagement for Carriers and MGAs
Insurity, a leading provider of cloud software for insurance carriers, brokers, and managing general agents (MGAs), has announced the launch of the Insurity Interaction Platform, powered by Glia.
Artex Launches First Protected Cell Company
Artex Risk Solutions, a subsidiary of Gallagher, has introduced its first Vermont Protected Cell Company (PCC).
QBE Insurance introduces Global Cyber Product
QBE Insurance has launched a new product, QCyberProtect, a comprehensive and globally streamlined cyber policy designed to bolster cyber resilience for clients worldwide.
GCube Launches $100 million Renewable Consortium
GCube Insurance, a specialist underwriter in the renewables sector, has announced the establishment of a new consortium designed to provide battery energy storage system (BESS) developers and asset owners with up to $100 million of “A-Rated” Insurance Capacity.
Lemonade Launches New UK Policy
Lemonade, the digital AI-driven insurtech company, has announced the launch of a new Buildings and Contents Insurance policy in the United Kingdom.
Guy Carpenter Launches Parametric Flood Product
Guy Carpenter, the reinsurance broker, is launching a new parametric flood product, FloodShield, designed to enable risk transfer for large portfolios of exposure across wide areas.
SageSure Successfully Closes US$60 Million Catastrophe Bond for County-Weighted Wind Cover
SageSure, a leading managing general underwriter specialising in catastrophe-exposed markets, alongside Anchor Re, a captive reinsurance vehicle, and SureChoice Underwriters Reciprocal Exchange (SURE), has announced the successful closing of the Gateway Re 2024-4 county-weighted wind cover catastrophe bond at $60 million.
Zyber Launches New Cyber Insurance Quoting Platform for Startups and Midsize Enterprises
Zyber has announced the launch of its new cyber insurance quoting platform tailored for startups and midsize enterprises. The platform allows users to obtain insurance quotes within minutes through a streamlined digital process.
Cambridge Mobile Telematics Renews Partnership with Hastings Direct
Cambridge Mobile Telematics has announced the renewal of its partnership with Hastings Direct, a UK insurer specialising in private car, van, motorbike, and home insurance. Cambridge Mobile Telematics is recognised as the world’s largest telematics service provider.
Janover Inc. Launches D&O Liability Insurance for Publicly Traded Companies
Janover Inc., an AI-driven platform for commercial real estate transactions, announced today that its subsidiary, Janover Insurance Group, has begun offering directors and officers (D&O) liability insurance tailored for publicly traded companies.
Aspen Data Labs Launches to Enhance Digital Capabilities
Aspen Insurance, a prominent provider of insurance and reinsurance solutions, has introduced Aspen Data Labs, a platform designed to enhance digital capabilities and strengthen its focus on data and Analytics.
Limit Launches Insurance Gen AI
Limit, the insurtech, has launched LimitAI, which it claims is the first generative AI created exclusively for the Property & Casualty (P&C) sector. LimitAI is designed to analyse extensive insurance documents, quotes, and policies, providing rapid answers to various insurance-related queries.
Otonomi Announces Global Launch of Three-Hour Air Cargo Delay Parametric Insurance
Otonomi has officially launched its new three-hour Air Cargo Delay Parametric Insurance worldwide. The product aims to fill a significant gap in air cargo insurance by providing coverage for ultra-short yet costly delays.
Verisk Launches Tool for Actuaries
Verisk, the global data analytics and technology provider, has launched ISO Experience, a product designed to modernise the way actuaries within insurance analyse risk patterns.
Zurich Launches New Life Science Offering
Zurich North America has introduced a new primary products liability policy tailored to meet the specific needs of pharmaceutical, medtech, research and development, and other life science companies with revenues up to $1 billion.
Brookfield Set to Establish UK Insurer
Brookfield, one of the world’s largest private capital groups, has applied to establish an insurance entity in the UK. This move aims to capitalise on the significant number of British companies looking to offload their pension plans.
Schroders Establishes Insurance-Linked Tokenisation
Schroders Capital, the $94 billion private markets arm of Schroders Group, has launched a tokenisation pilot aimed at innovating within the insurance-linked securities marketplace.
Aurora Launches Flagship Commercial Combined Product
Aurora, the managing general agent, has launched a flagship commercial combined product tailored for SMEs. Supported by AXA insurance, the product includes property business interruption, employers’ liability, and public liability coverages.
Bermuda-based Relm Insurance ventures into MENA market
Bermuda-based specialty insurance carrier Relm Insurance Ltd has completed its expansion into the MENA region through the acquisition of B&F Partners Ltd, now operating as Relm Insurance Mena Ltd.
PLATFORM Launches Captive Insurance Unit
PLATFORM, the boutique insurance broker, has announced the launch of a captive insurance and alternative risk financing practice group to be led by Braedy Walker (pictured).
Brokerslink Launches Trade Credit Insurance Practice
Brokerslink, the network of independent brokers, has introduced a specialised Trade Credit Insurance (TCI) practice, as it seeks to meet increased demand from international affiliates.
Oriental Insurance Launches New Personal Accident Coverage in Partnership with Chubb
Oriental Insurance, a subsidiary of OFG Bancorp, has announced the launch of a new personal accident insurance product in collaboration with Chubb Insurance Co. of Puerto Rico.
blip Cuts Insurance For Small Businesses through Triple Guarantee
blip, an insurtech, is aiming to disrupt the sector by providing small business insurance policies which are on average a third cheaper than the lowest prices offered by competitors.
Qover Announces Motor Insurance Expansion in Ireland
Qover, an insurtech focusing on creating a global safety net through insurance solutions, has announced the launch of its motor insurance solutions in Ireland, as it continues its expansion across Europe.
SPECIAL REPORT: Curbing Rising Violence Against Women in Pakistan with Insurtech Solutions
lyzil – a platform and insurance product developed by the startup Instaful Solutions, is empowering women in Pakistan by offering them a safe space and lifeline against harassment and violence. Joanna England finds out more.
Howden Announces Expansion into Japanese Market
Howden has announced its entry into the Japanese market for the first time, launching Howden Re Japan and an ILS partnership with Keystone ILS Capital.
Cytora Integrates Autoaddress’ Address Capture to Boost Underwriting Productivity
Cytora, a leader in transforming underwriting workflows within the insurance industry, has announced the integration of Autoaddress’ Address Capture into its underwriting productivity tool.
Allica Bank Partners with Westcor International to Launch Title Indemnity Insurance
Allica Bank has announced a partnership with leading title insurance provider Westcor International to launch a new title insurance product across its commercial mortgage range starting today – July 1, 2024.
Insurity and Coherent Announce Partnership to Transform Insurance Product Management for P&C Insurers
Insurity, a leading cloud software provider for insurance carriers, brokers, and MGAs, has announced a strategic partnership with Coherent, a platform dedicated to streamlining and accelerating insurance product development.
Bondaval Launches Innovative Trade Credit Insurance Policy
Bondaval, a leading London-based insurtech, has announced the release of its first trade credit insurance product, designed to provide greater certainty over credit risk cover while reducing administrative burdens.
Lloyd’s Boosts Investment Options with Launch of Canadian Core Fixed Income Fund
Lloyd’s has announced a new Canadian Core Fixed Income Solution on the Lloyd’s Investment Platform.
Norm Ai Secures US$27 Million to Advance Regulatory Compliance Platform
Norm Ai, a cutting-edge regulatory compliance platform, has successfully raised $27 million in a Series A funding round. The round was led by Coatue, with significant participation from Bain Capital Ventures, Blackstone Innovations Investments, New York Life Ventures, Citi Ventures, TIAA Ventures, and Jefferson River Capital.
Flow Specialty Launches AI Vision, Becoming Sole Brokerage with Full Agentic AI Integration
Flow Specialty, a next-gen specialty wholesale insurance brokerage, has publicly released its AI credo and vision. The initiative aims to educate the insurance industry on the application of agentic AI in offering professional liability, management liability, and cyber insurance products.
Beazley Security Goes Live
Beazley Security has today gone live as an integrated cyber risk management company, following the merger between Beazley’s in-house cyber services team and its wholly owned cyber security company, Lodestone.
Qover Launches AI-Powered Embedded Insurance Solution to Transform Claims Management
Qover, a pioneering insurtech company committed to establishing a global safety net through innovative insurance solutions, today announced the launch of its AI-driven embedded insurance platform.
FloodFlash Expands Coverage Across Entire Mainland USA
FloodFlash, a sensor-enabled parametric flood insurance provider, has announced the expansion of its offerings to cover all mainland US locations.
Gallagher Re Launches Cyber Academy
Gallagher Re, the global reinsurance broker, has launched a flagship Cyber Academy, where the most promising individuals in the cyberspace will receive comprehensive and bespoke training in broking, cyber security, and analytics.
Trawick Launches College Insurance for Foreign Students in the US
Trawick International, the worldwide travel insurance specialist, has announced the launch of a new portfolio of international student insurance plans, effective immediately.
Zesty Announces Partnership With Duck Creek
Zesty AI, a leading provider of climate and property risk analytics driven by AI, has announced a partnership with Duck Creek Technologies, an intelligence core systems provider in P&C and general insurance.
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