Category : Insurtech (Insure Tech)

InsurTech Futures: Zurich partners with travel start-up Pluto

Mobile-focused offering targets millennials and provides a quote in around 60 seconds.

London Market claims process needs urgent transformation: LMA’s Lee Elliston

The London Market urgently needs to improve the efficiency of its claims processes to meet rising customer expectations, according to Lee Elliston, Claims Director at the Lloyd’s Market Association. Elliston argued that new claims models in the Londo...

Hiscox Re and MS&AD invest in AkinovA’s electronic marketplace

Hiscox Re and MS&AD have made investments in digital insurtech firm AkinovA to support the development of its electronic marketplace for the transfer and trading of re/insurance risk. AkinovA claimed that the investments would further accelerate...

Close Brothers Premium Finance restores contact centre after outage

Customers were urged to use emails during the issue.

ArgoGlobal eyes gig-economy with Italian insurtech partnership

ArgoGlobal Assicurazioni S.p.A, a subsidiary of Argo Group International Holdings, is providing gig-economy workers throughout Italy with a pay-as-you-go insurance solution by teaming up with specialised broker Axieme. Crucially, Axieme is connected...

Grab Works with China’s Insurtech Giant to Offer Insurance by Mid 2019

Grab announced that it’s partnering up with ZhongAn, one of the biggest insurtech drivers in China, to establish a joint venture company for the digital insurance distribution business in Southeast Asia. The goal is to deliver a digital insuran...

Biba reveals campaigning themes in 2019 manifesto

Document has 30 calls to action and 26 commitments.

MS&AD enhances digital capabilities with new partnerships

MS&AD Insurance Group Holdings has enhanced its digital capabilities through two new strategic alliance agreements with U.S-based MGA CoverHound and German insurtech company ELEMENT. The company intends to use CoverHound’s expertise in the develo...

Acturis passes 20,000 users

Software specialist seeking new minority PE backer.

In Yet Another Funding Round This Month, Singapore Life Raises US$ 13 Million

Insurtech firm Singapore Life has received a US$ 13 Million investment from Aberdeen Standard Investment. This makes it the second round of capital injection Singapore Life has received this month alone. Singapore Life has previously received a total...

Acturis set to seek new minority PE investor

Summit Partners invested in June 2010.

ACORD eyes more robust digital standards with LTI partnership

ACORD, the insurance industry data standards body, has extended its partnership with global IT firm Larsen & Toubro Infotech to further develop a set of digital standards & solutions for the insurance industry. The partnership is aimed at ext...

Cat modellers can learn from tech industry: Simplitium’s Lay & Jones

With recent developments driving the need for ever more efficiency in the re/insurance industry, catastrophe modellers could benefit from emulating the approach of the technology sector, according to Simplitium’s James Lay and Matthew Jones. James La...

AXA XL partnership to utilise AI for faster assessment of property site surveys

AXA XL’s risk management solutions business is attempting to utilise the benefits of Artificial Intelligence (AI) for the assessment of property site surveys. By partnering with Expert System, an Italian software company, AXA XL Risk Consulting is ho...

Aon partners with SBC InsurTech

Re/insurance broking powerhouse Aon has partnered with SBC InsurTech CoLab, a provider of innovation programs for the insurance industry, to better understand and address gaps in clients’ value chains through collaboration with growth-stage startups....