Underwriting transformation

Underwriting is changing within the insurance sector, as insurers deploy insurtech solutions to assess risk, analyse data, distribute policies quicker, process claims and FNOL faster etc. The latest insights and news at Insurance Edge magazine UK.

Underwriting transformation

Deals: Ephesoft Signs Up April International

10 March 2021 alastair walker 0

Ephesoft, Inc. , a leader in intelligent document processing automation and data enrichment solutions, today announced APRIL International  in Asia, a leading global insurance managing general underwriter, has selected Ephesoft to automate its claims and hospital invoices processing. […]

Underwriting transformation

Helvetia Partners With Munich Re on Digital Underwriting

2 March 2021 alastair walker 0

Helvetia Seguros has partnered with Munich Re to implement a practical and innovative digital underwriting solution for the Spanish life insurance market. The technology has been developed by Munich Re Automation Solutions, the world leading provider of digital new […]

UK Economy

Deals: Nexus Buys Marine Business From Hiscox

4 January 2021 alastair walker 0

Leading independent specialty Managing General Agent Nexus Group today announces that it completed the acquisition of the Hiscox MGA Marine business (‘HMM’) from Hiscox MGA Ltd on 30th December 2020 via an asset purchase into […]

Underwriting transformation

Novidea Helps Harbour Underwriting Ditch The Legacy

17 December 2020 alastair walker 0

Novidea, the global insurance platform provider, today announced that it has been selected by Harbour Underwriting (HUL), a Managing General Agent (MGA) and leading provider of commercial dispute insurance, to implement its end-to-end platform, to […]

Underwriting transformation

Zurich and Plum Underwriting Team Up on Home Cover

16 December 2020 alastair walker 0

Yep, we missed this one from earlier in December; Zurich UK announces a new, long-term agreement with specialist MGA Plum Underwriting to provide capacity for their UK non-standard home insurance portfolio. The five-year partnership with […]

Underwriting transformation

Tesco Underwriting Teams Up With Netcall

8 December 2020 alastair walker 0

Tesco Underwriting has partnered with Netcall, a leading provider of low-code and customer engagement solutions, to significantly enhance its complex claims handling process.  Tesco Underwriting, who underwrite Tesco Bank-branded car and home insurance policies and provide claims […]

News

Co-Op Sells Underwriting Biz To Markerstudy

2 December 2020 alastair walker 0

The Co-op has sold its underwriting business to Markerstudy, TwinFocus and funds managed by Blackstone Credit for proceeds of £185 million. With over 150 years’ experience of creating and selling insurance products and strong ambitions […]

Underwriting transformation

Munich Re Automation Partners With ExamOne

16 November 2020 alastair walker 0

Munich Re Automation Solutions Ltd, a leading insurtech specialist and subsidiary of Munich Re Group, recently announced an expanded collaboration with ExamOne, a Quest Diagnostics company, to leverage their LabPiQture results. Through this new offering of […]