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Markel-Cytora Partnership Enables Huge Productivity Boost

25 September 2023 alastair walker 0

Markel, a leading specialty insurer, and insurtech Cytora have announced that their recent partnership has resulted in an 113% increase in productivity (GWP per FTE) for Markel’s underwriting team.  Cytora has been working with Markel […]

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News

Lloyd’s Underwriting Room Re-Opens, More Agents in Place

20 September 2023 alastair walker 0

The famous Lloyd’s of London Underwriting Room is back after its summer refurb and public tours are due to commence on the 25th September. Here’s the word from Lloyd’s and you can download a guide […]

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News

Deals: Brown & Brown Buys Occam Underwriting

20 September 2023 alastair walker 0

Brown & Brown (Europe) Ltd, part of Brown & Brown Inc. (“Brown & Brown”), has agreed to acquire 100% of the share capital of Occam Underwriting Limited (“Occam”), a London-based MGA and Lloyd’s Coverholder. The […]

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InsureTech

Planck Integrates AI into Its Underwriting Workbench

19 September 2023 alastair walker 0

Planck, an AI-based risk research and data solutions for commercial insurers, announces the integration of powerful generative AI (GenAI) functionalities in a new underwriting workbench known as Planck PLUS. Planck PLUS is both a strategic […]

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News

Pen Underwriting Teams Up With Open GI

21 August 2023 alastair walker 0

Latest from Pen Underwriting; Pen Underwriting, one of the UK’s largest managing general agents (MGAs), has partnered with Open GI, implementing its latest insurer-hosted pricing technology solution, IHP Plus. The three-year deal, secured following a […]

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Global insurance trends

Lancashire Holdings To Launch US Underwriting Operation in 2024

14 August 2023 alastair walker 0

The latest financials from Lancashire Holdings look good, plus the company has announced a new underwriting operation will be launched in the US market; Alex Maloney, Group Chief Executive Officer, commented: “We are very pleased […]

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Global insurance trends

Modern Life Launches Generative AI Product

2 August 2023 alastair walker 0

Modern Life, a tech-forward life insurance brokerage, has unveiled its generative AI product, custom-engineered to cater to the specific needs of life insurance advisors. Built with proprietary life insurance research and data, the tool aims […]

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Insurance Brokers

Pen Underwriting Announces Structural Changes

28 July 2023 alastair walker 0

Pen Underwriting has  announced some changes to its divisional structure to bring together core underwriting capabilities and expertise, for the benefit of its brokers, while orientating to execute its strategy of growth and diversification. As […]

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