Inflation is approaching 1970s levels in the UK so if you are in business then it’s nice to offset some of that loss by getting 1.5% interest on your working company balance. Here’s the word […]
Well it’s a bit of a big deal Thursday. One of the oldest names in UK insurance, Sun Life, has been bought by Phoenix Group, subject to regulator approval. It will be interesting to see […]
Global investment in the InsurTech sector of $2.41 billion in Q2 2022 was 8.3% greater than the total in Q1, but still 50.2% below 2021’s record-breaking second quarter. Average deal size was up 18.3% to […]
Up to $170 billion of insurance premiums could be at risk in the next five years due to poor claims experiences, with process inefficiencies in underwriting potentially costing the industry another $160 billion over the same period, […]
Quotech, the underwriter-led insurTech that creates practical systems for specialty insurers, brokers, and MGAs, has raised £1 million from a number of angel investors and Convex Group Limited, the international specialty insurer and reinsurer. Proceeds […]
Socotra, the modern core platform provider for innovative insurers and insurtech MGAs, today announced exceptional positive momentum for the first half of 2022 with 97% revenue growth, 63% team expansion, awards, a new funding round, […]
Zesty.ai, the leader in property analytics powered by Artificial Intelligence (AI), and The Berkshire Hathaway Homestate Companies (BHHC) recently announced that they have expanded their partnership. BHHC is extending the use of Zesty.ai’s AI-powered wildfire risk […]
Gallagher Re, the global reinsurance broker, today welcomed Accord Mortgages – the intermediary-only lending subsidiary of Yorkshire Building Society – to Deposit Unlock, the innovative reinsurance-backed mortgage indemnity scheme it helped design and develop for the house […]
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