United Kingdom (UK)
Woodgate & Clark and Rocket ES digitise claims data collection
Woodgate & Clark, a leading UK loss adjuster, has partnered with insurtech Rocket Enterprise Solutions to create a fully digitised claims reporting system.
Cytora and JETNET partner to provide insurers with global aviation risk insights
Digital risk processing platform, Cytora, and provider of aviation market intelligence, JETNET, have announced a strategic partnership to provide insurers with comprehensive global aviation risk insights.
UK insurtech leaders face challenges in accessing funding and acquiring customers
The UK is a global leader in the insurtech space, but the recent global tightening on valuations has also affected the sector.
Ebix Europe to end 7-year tenure as PPL provider, launch PlacingHub
Ebix Europe, a technology specialist in the London market, has announced that it will end its seven-year tenure as the architect and provider of the original London market electronic placement platform, PPL, on 31 December 2023.
AXA Secure GPT: a new tool for employee productivity and innovation
AXA has announced the deployment of AXA Secure GPT, an internal service built on Microsoft’s Azure OpenAI Service.
AI-powered compliance solutions: Cytora and Dow Jones join forces for insurers
Cytora and Dow Jones Risk & Compliance have partnered to simplify compliance processes for commercial insurers by leveraging AI and risk data.
Intelligent AI launches platform to tackle commercial property underinsurance
Intelligent AI, an insurtech company, has launched its Intelligent Rebuild Cost Validation Platform to address the long-standing challenge of underinsurance in the commercial property market.
AI-powered insurance claims startup Tractable raises $65m in Series E funding
Tractable, a London-based AI company that uses computer vision to assess the condition of cars and homes, has raised $65m in Series E funding.
Tokio Marine HCC International restructures IT and operations to support continued growth
Tokio Marine HCC International (TMHCCI) has announced a restructuring of its IT and operations teams.
Cytora and Hyperexponential partnership to bring faster, more informed underwriting decisions to commercial insurers
Cytora and Hyperexponential have announced a partnership to offer "supersonic underwriting" capabilities in the commercial insurance sector.
Insurtech company Blink Parametric announces growth plans
Blink Parametric, a Cork-based insurtech company, announced that it will expand its workforce by 30 technical roles by the end of 2025.
Medosync raises €11m to expand cloud-based medical billing platform
Medosync, a Dublin-based medical billing firm, has raised €11m in a funding round led by Insight Partners. The company's other investors include Frontline Ventures, HBAN, and Enterprise Ireland.
Independent Broker, PB Curran, joins Ethos Broking in Ardonagh Advisory’s latest acquisition
Ardonagh Advisory has announced its acquisition of PB Curran, an independent family-run broker specialising in insurance for commercial, landlords, farming, and private clients.
UK cyber risk management provider KYND launches in US
KYND, a UK-based cyber risk management technology and services provider, has expanded into the US insurance market.
MetLife and Microsoft partner to develop comprehensive pet care app
MetLife Pet Insurance has launched an enhanced mobile app that provides pet owners with a comprehensive solution for managing their pets' health and wellness needs.
Monzo Premium users can now track and submit insurance claims via app
Qover has announced a partnership with Monzo, a prominent digital bank, to offer a more seamless insurance experience for Monzo Premium users in the UK.
Miller partners with Whitespace Platform to enhance data-driven trading capabilities
Whitespace, a fully digital e-trading platform and a Verisk company, has announced a partnership with Miller, a prominent specialist (re)insurance broker.
Zurich partners with insurtech Qover to expand embedded insurance capabilities
Zurich Insurance Group (Zurich) has announced a strategic partnership with Qover, an insurtech company based in Belgium, to enhance its embedded insurance capabilities.
Novidea enhances cloud-based insurance management platform to improve efficiency
Novidea has announced significant enhancements to its cloud-based insurance management platform to increase operational efficiency for insurance professionals worldwide.
WTW and Kroll launch new property valuation service
WTW, a global advisory, broking, and solutions company, has launched ReValuPro, an advanced property valuation service in collaboration with Kroll.
Addresscloud partners with Skyblu to offer insurers detailed perils data across Europe
Addresscloud, a cloud-based location intelligence platform, has partnered with Skyblu, a provider of geospatial data and AI solutions, to offer insurers access to a comprehensive range of address-level perils data across mainland Europe.
Ariel Re enhances operational and financial functions with Phinsys
Ariel Re and Phinsys have joined forces to enhance operational and financial functions within the insurance sector.