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Erie Insurance’s Venture Capital Arm Announces Three Strategic Investments Amidst Robust Financial Standing
Erie Strategic Ventures, the venture capital arm of Fortune 500 insurance giant Erie Insurance (ERIE), has revealed strategic investments in three cutting-edge companies: Wagmo, Roots Automation, and Trust & Will.
Canopius Group Launches Innovative Investment Management Solution for Asset Managers
Canopius Group, a global specialty (re)insurer, has launched a groundbreaking investment management product aimed at catering to the needs of asset managers.
FloodFlash Extends Coverage to 10 Additional US States
FloodFlash has unveiled its plans to extend its services to an additional 10 states in the United States.
InsurX Unveils Algorithmic Exchange for D&F Property Market in London
InsurX, a digital exchange equipped with algorithmic capabilities, has made its debut in the London Direct & Facultative (D&F) Property market.
Foxquilt Announces Partnership with Markel to Expand SME Insurance Offerings
Foxquilt, the small business insurance startup based in Canada, has entered into a long-term capacity relationship with specialty insurance provider Markel.
Zego Expands Van Offering with Launch of Business Van Insurance
Motor insurer, Zego, has announced the official launch of its new Business Van Insurance product.
Blink Parametric Launches Insurtech Solution in Partnership with MAWDY
Blink Parametric and MAWDY, a global insurance, reinsurance, and services company affiliated with the MAPFRE Group, have expanded their partnership to include MAWDY Ireland.
Baloise Launches three New Parametric Solutions for Travellers
Swiss insurance giant Baloise has unveiled a trio of pioneering parametric insurance policies aimed at offering coverage for flight delays, baggage delays, and adverse weather conditions.
FINEOS and Securian Canada Achieve Claims Go-Live in Five Months
FINEOS Corporation has announced that Securian Canada achieved an unprecedented go-live with its claims administration software solution, actively processing disability claims within five months from the start of the project.
Lemonade Expands its Car Insurance Offerings to Washington
Lemonade has officially introduced its car insurance product in Washington, marking the seventh state where it is available.
Lloyd’s Announces First 144A Catastrophe Bond on London Bridge
Lloyd’s has announced the issuance of the first 144A catastrophe bond on its risk transformation platform, London Bridge 2 PCC Limited.
AXA Announces Launch of Multiple Employee Benefits Changes for 2024
AXA has launched multiple comprehensive enhancements to employee benefits, which came into effect from January 1st, 2024.
ARMD InsurTech and Sparta Insurance Services Join Forces to Address £6.5 Billion UK Tradespeople Market Gap
ARMD, an insurtech dedicated to serving the underserved tradespeople market in the UK, has forged a strategic partnership with leading wholesale broker distribution platform Sparta Insurance Services.
Allianz Life and Munich Re Automation Solutions Launch SaaS-Based Underwriting Solution for Enhanced Insurance Accessibility
Allianz Life and Munich Re Automation Solutions are set to unveil a cutting-edge Software as a Service (SaaS) underwriting solution, marking a significant stride in their collaborative efforts.
Amwin’s Equisure launches new Livestock Insurance Programme
Equisure, a subsidiary of Amwins, has unveiled its latest initiative with the introduction of its Livestock insurance programme.
VOOM Launches Game-Changing Rideshare and Delivery Insurance Tailored for Gig Drivers
Voom has announced the launch of a new insurance solution to address the needs of the gig economy.
Novidea Launches Insurance Management Platform in Southeast Asia
Novidea, creator of the cloud-based, data-driven enterprise insurance management platform for brokers, agents, MGAs/MGUs, and carriers, has announced the launch into the Southeast Asian market, starting in Hong Kong and Singapore.
NOW Insurance Launches Physicians and Medical Groups Coverage on AI Portal
NOW Insurance, a full-stack, AI-enabled commercial insurance platform specialising in medical professional liability coverage, recently launched coverage for physicians and physician groups in their online platform.
Chubb Launches Chubb Methane Resource Hub
Chubb Limited has unveiled a groundbreaking initiative with the introduction of the Chubb Methane Resource Hub.
Swedish Insurtech Lassie Secures €23 Million in Series B Funding to Revolutionise Pet Insurance
Balderton Capital leads investment round as Lassie aims to transform the pet insurance landscape
Howden Launches New Primary Cyber & Technology E&O Facility in Collaboration with Lloyd’s
Global brokerage firm Howden has unveiled a cutting-edge primary cyber and technology errors & omissions (E&O) facility in partnership with Lloyd’s Insurance Company.
BrokerTech Ventures Accelerator Opens for 2024 Cohort Applications
BrokerTech Ventures (BTV), the industry’s first broker-led convening platform and accelerator program, has opened the application window for its 2024 BrokerTech Ventures Accelerator program.
Marsh Launches LenAI: A Cutting-Edge Generative AI Tool for Global Impact
Marsh McLennan has introduced LenAI, a revolutionary generative AI tool crafted at the company’s Dublin Innovation Centre in collaboration with Oliver Wyman Digital
Oyster Launches Rental Insurance with First-of-its-Kind UBI Programme
Oyster, the cutting-edge insurance platform for commerce, has announced the launch of its groundbreaking rental insurance product, marking the introduction of the first usage-based rental insurance programme in the United States.
AXA XL Launches New Water Risk Management Solution, WISE Tool
AXA XL Risk Consulting has launched a new Water Impact and Sustainability Evaluation (WISE) tool, aimed at providing risk managers with a remote and customisable solution to comprehensively evaluate and manage water risks.
Electronic Health Records (EHRs) Set to Revolutionise Life and Health Insurance Underwriting, says Swiss Re
Swiss Re’s comprehensive research reveals the role of digital Electronic Health Records (EHRs) in expediting and enhancing underwriting decisions in the life and health insurance sector.
Chubb Studio Boosts Digital Integration Reach with the Launch of B2B2C Developer Portal
Chubb has unveiled a significant expansion in its digital integration capabilities through the introduction of a new developer portal within Chubb Studio®.
Eigen Technologies Unveils Eigen 6, Redefining Document Workflows with Enhanced Generative AI
Eigen Technologies (Eigen), a leading global provider of intelligent document processing (IDP), has introduced version 6 of its no-code artificial intelligence (AI) platform, marking a significant leap in the automation of document workflows.
WTW Launches “A-Star” Excess Layer D&O Insurance Solution for Directors and Officers
In a strategic move, insurance broker WTW has unveiled “A-Star,” a comprehensive excess layer Directors and Officers (D&O) insurance solution.
Prime Perks: Amazon’ify My Health, Please
Rory Yates, Chief Strategy Officer for EIS, unpicks the pros and cons of Amazon’s new Health Insurance offering
ICEYE Bolsters Radar Imaging Constellation with the Launch of Four New Satellites
ICEYE, a provider of natural catastrophe solutions and insights, has expanded its constellation by introducing four new synthetic aperture radar satellites.
Guidewire Announces Innsbruck Release Date, Welcomes Insurtech E.design to it’s Platform
E.design, an insurtech company affiliated with the Tokio Marine Group, has selected Guidewire Cloud to strengthen its core operations. Guidewire has also announced the release of its new cloud solution, Innsbruck.
Amazon Launches Revolutionary Healthcare Insurance for Prime Members with US$9 Monthly Benefit
Amazon has launched a groundbreaking health care benefit for Prime members, providing exclusive access to high-quality care through One Medical, an Amazon subsidiary.
MetLife Launches New MetLife Xcelerator Platform in Latin America
MetLife, Latin America’s leading life insurance company, has announced the launch of MetLife Xcelerator.
Lloyd’s Launches Inclusive Futures Programme in Response to Transatlantic Slave Trade Associations
Lloyd’s has launched a comprehensive initiative aimed at fostering greater inclusivity and advancement opportunities for Black and ethnically diverse individuals, spanning from educational settings to corporate boardrooms.
WTW Launches Asia Pacific Climate Risk Centre in Singapore
Global advisory firm Willis Towers Watson (WTW) has unveiled plans to establish the Asia Pacific Climate Risk Centre (ACRC) in Singapore.
Coalition Launches Active Cyber Insurance Solutions in Australia
Leading cybersecurity firm Coalition has officially introduced its suite of Active Cyber Insurance products in the Australian market.
CLARA Analytics Launches Comprehensive Casualty Claims Intelligence Platform, CLARAty.ai
CLARA Analytics has launched CLARAty.ai – a platform designed to transform the insurance claims process by enhancing the day-to-day operations of claims professionals through its holistic approach to claims intelligence.
Insurtech Previsico Launches Flood Forecasting in New York Following Record Flooding
Previsico has officially gone live in New York with its advanced flood forecasting technology, aiming to mitigate future losses following the recent record flooding that impacted major infrastructure, including LaGuardia Airport and John F. Kennedy Airport.
AXA XL Expands Ecosystem Access Across Multiple Insurance Lines
Global re/insurer AXA XL has announced the extension of Ecosystem access to clients within its Property & Casualty and Specialty insurance lines in North America.
AI-Driven DGTAL Launches Intelligent Document Processing Tool, GRABBER
Insurtech firm DGTAL has introduced GRABBER, a cutting-edge Intelligent Document Processing tool, as part of its Software-as-a-Service (SaaS) platform specialising in AI-driven audit solutions for insurance portfolios.
Boost Insurance Launches Boost Re and Full-Stack Captive-as-a-Service Offering
Insurance infrastructure company, Boost Insurance has announced the launch of Boost Re, a new risk transfer platform as the latest component of Boost’s comprehensive insurance-as-a-service stack.
Marsh Launches Global Cyber Practice to Strengthen Worldwide Cybersecurity Offerings
Marsh has announced the launch of a groundbreaking initiative—the Marsh Specialty global cyber practice.
Shippo and Cover Genius Launch Shippo Total Protection Insurance Solution for Merchants Worldwide
Shippo, the leading shipping platform for modern e-commerce, has joined forces with Cover Genius, the insurtech for embedded protection, to introduce Shippo Total Protection.
bolttech Forges New Partnership with Leading Nordic Telco Three Sweden
International insurtech, bolttech, has announced its partnership with the Swedish telecommunications service provider, Three Sweden.
AXA XL Launches Immersive VR Driven Training Solution
AXA XL Risk Consulting has launched AXA Immersive Solutions, a groundbreaking training solution that harnesses the power of Virtual Reality (VR) and Digital Twin technologies.
Xceedance Unveils Centre of Excellence for Generative AI
Xceedance, a leading global provider of strategic operations support, technology, and data services for insurance organisations, has officially launched its Centre of Excellence for Generative AI.
Ecclesiastical and MGA iprism, Launch Digital Platform for Small Nonprofits
Ecclesiastical, a specialist insurer, has joined forces with iprism to unveil a cutting-edge digital platform tailored to cater to the insurance needs of smaller not-for-profit organisations within the charity, education, and faith sectors.
Lloyd’s Introduces Data Tool Revealing US$5 Trillion Impact of Extreme Weather Events
Lloyd’s has launched a groundbreaking systemic risk scenario, unveiling the potential worldwide economic consequences of extreme weather events leading to food and water shocks.
Bluezone Announces Partnership with Shepherds Friendly to Improve Services for Diabetes Patients
Health insurtech Bluezone has unveiled a groundbreaking partnership with Shepherds Friendly, a leading insurer.
French Fintech Lydia and Insurtech Qover Partner to Launch European Travel Insurance for Black+ Cardholders
Paris-based banking startup Lydia has joined forces with insurtech Qover to unveil an innovative travel insurance offering.
bolttech and Trip.com Join Forces to Launch In-App Insurance Service in Hong Kong
In a strategic move to enhance customer convenience, bolttech Insurance, the Hong Kong-based general insurance arm of global insurtech company bolttech, has announced a groundbreaking partnership with renowned travel company Trip.com.
Coalition Continues to Scale; Expands Executive Risks Insurance to Cover Surplus Lines Paper
Coalition has expanded the availability of its comprehensive Executive Risks Insurance products by offering them on surplus lines paper.
Cover Genius Announces Partnership with Leading Indian Travel Platform, EaseMyTrip
EaseMyTrip.com, one of India’s largest online travel platforms, has announced its new partnership with embedded protection insurtech, Cover Genius.
Kita Teams Up with Puro.earth to Introduce Exclusive Biochar Carbon Insurance
Kita, a leading carbon insurance specialist and Lloyd’s of London coverholder, has joined forces with Puro.earth, an ICROA-backed carbon standard.
Insurtech Start-Up Breach Insurance Launches Crypto Shield Pro
Breach Insurance, a Boston-based global insurance underwriter that provides insurance technology and regulated insurance products for the cryptocurrency market, has announced the launch of Crypto Shield Pro – an innovative crypto custody insurance policy for institutional clients of crypto custody solutions.
SkyWatch and Droneinsurance.com Partner to Set New Benchmark in Digital Drone Insurance
SkyWatch, a leader in digital insurance has announced the strategic acquisition of Droneinsurance.com’s assets.
AXA Unveils Comprehensive Global Wellbeing Program “We Care” for Employees
Insurance giant AXA has introduced its transformative “We Care” program, designed to provide unwavering support to its 110,000 employees worldwide at various stages of life and critical moments.
MGT Partners Launches MGT Insurance Following the Acquisition of CM Select
MGT Partners has initiated the launch of MGT Insurance through the acquisition of CM Select from Church Mutual, a prominent insurer of religious organisations in the US.
Resilience Bolsters Cyber Defenses with US$12.1 Million Insurance Coverage Expansion
Resilience, a leading cyber risk solution provider, has announced a substantial increase in its underwriting capacity, now extending up to US$12.1 million in cyber insurance coverage for clients in the United Kingdom and the European Union.
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