Data and Analytics
VOOM & Drive launches personalised, data-driven coverage
Addressing the evolving needs of the gig economy, VOOM Insurance introduces VOOM & Drive, a transformative pay-per-mile auto insurance policy designed specifically for rideshare and delivery drivers.
AXA UK collaborates with Synectics Solutions to combat insurance fraud
AXA UK, a leading insurance provider, has partnered with Synectics Solutions, an expert in fraud prevention, to bolster its anti-fraud measures.
Redline Underwriting adopts Moody's RMS Risk Modeler
Redline Underwriting, a Lloyd's cover holder speciality underwriting firm, has partnered with Moody's RMS, a risk modelling and solutions company.
Quadrassist pioneers zero-emission Desktop Adjusting Service
Quadrassist, the building repair network for Woodgate & Clark, has introduced a groundbreaking Desktop Adjusting Service that eliminates the need for physical site visits.
Guidewire and Swiss Re forge alliance to enhance insurance efficiency
In a landmark move towards a more interconnected insurance landscape, Guidewire and Swiss Re have announced a strategic partnership to optimise operations and reduce friction across the industry.
French satellite startup Unseenlabs to launch two new satellites to enhance maritime surveillance
Unseenlabs, a French startup specialising in maritime surveillance, is gearing up to launch two new satellites in November 2023.
SPLICE Software and Sapiens partner to transform NPS survey integration for life and annuity insurance
SPLICE Software and Sapiens, two software companies, have partnered to develop a new NPS survey solution for life and annuity insurance providers.
CRIF launches new real-time pet insurance service in the UK
CRIF, a leading provider of risk management solutions, has launched Pet Check, a new real-time pet insurance service in the UK.
Third-sector at increased risk of cyber fraud due to lack of cybersecurity software
New research has found that less than a third of UK charities, social enterprises and not-for-profit organisations have introduced the necessary cyber security risk management software to protect themselves from data breaches and cyber-attacks.
SynID to help insurers digitally approve more genuine customers
Synectics Solutions has launched SynID, a tool to help insurers verify the identity of customers in real-time. The tool is expected to help insurers approve more genuine customers and reduce fraud.
ClimateTech spinout Previsico raises $2.4m in funding to boost growth in the US and Europe
Previsico, a UK-based climate technology company that provides live flood forecasting solutions, has raised $2.4m in a new funding round led by VC investor 24Haymarket and supported by the Foresight Group.
New catastrophe models to help insurers assess risk and support growth of offshore wind
McGill and Partners, a renowned global boutique specialist (re)insurance broker, has teamed up with Renew Risk, a leading risk analytics SaaS provider, to develop bespoke catastrophe models tailored for offshore wind portfolios.
Obie and Home365 Partner to simplify landlord insurance buying
Obie, a leading insurtech company, has announced a new partnership with Home365, a property management and investing service provider for real estate owners.
Outra launches new predictive data tools to help businesses target new customers
Data science company Outra has launched a new suite of data products that predicts when people are likely to move home and the impact of this on their purchasing choices.
Conduit Re takes the road to pricing decision intelligence with hyperexponential
Conduit Re, the Bermuda-based global reinsurer, has achieved end-to-end underwriting with pricing decision intelligence (PDI) leader hyperexponential.
British data scientist survey: External data key to success, but poor quality remains a challenge
A new survey of data scientists, including those in the insurtech sector, has found that the vast majority have significantly improved their model results using external data.
Guy Carpenter launches enhanced catastrophe analytics platform
Guy Carpenter, a leading global risk and reinsurance specialist and a subsidiary of Marsh McLennan, has announced the launch of an enhanced version of its catastrophe analytics platform, GC AdvantagePoint®.
Verisk releases first-of-kind predictive SRCC data model for political violence insurers
Verisk, a risk intelligence company, has released a new predictive strike, riot, and civil commotion (SRCC) data model that forecasts thousands of global locations on the potential for damaging civil unrest events to emerge.
BIBA and FullCircl launch innovative 'SmartBroker' member facility
The British Insurance Brokers' Association (BIBA) and FullCircl, the Customer Lifecycle Intelligence (CLI) platform, have launched a new member facility called SmartBrokerTM.
Skyrisks and Quotech Partner to insure advanced air mobility sector
London-based managing general agent (MGA) Skyrisks has partnered with Quotech, a technology platform developer, to provide insurance coverage for the rapidly growing advanced air mobility (AAM) sector.