Auto Insurance

Canadian auto lenders are facing mounting pressure as funding costs fluctuate, competition intensifies, and borrowers become increasingly sensitive to interest rates. At the same time, dealers expect rapid decisions and competitive offers at the point of sale.

Why pricing is becoming critical for Canadian auto lenders

Canadian auto lenders are facing mounting pressure as funding costs fluctuate, competition intensifies, and borrowers become increasingly sensitive to interest rates. At the same...
Embedded insurance platform Qover has secured a $12m growth capital facility from CIBC Innovation Banking, bringing its total funding since launch to more than $100m.

Qover secures $12m growth facility from CIBC

Embedded insurance platform Qover has secured a $12m growth capital facility from CIBC Innovation Banking, bringing its total funding since launch to more than...
Commercial auto insurance MGA LEEO has launched a new telematics-powered insurance product designed to more closely link fleet driving behaviour with insurance pricing and savings.

LEEO launches telematics-driven commercial auto product

Commercial auto insurance MGA LEEO has launched a new telematics-powered insurance product designed to more closely link fleet driving behaviour with insurance pricing and...
Willis, a WTW business, has partnered with Qover, a European embedded insurance orchestration platform, to expand its GB Affinity technology ecosystem and deliver faster, scalable insurance programmes at the point of sale.

Willis and Qover enhance embedded insurance offerings in UK

Willis, a WTW business, has partnered with Qover, a European embedded insurance orchestration platform, to expand its GB Affinity technology ecosystem and deliver faster,...
Clearcover, a Chicago-based AI-native auto insurance carrier, has launched Dearborn Labs, a forward-deployed AI practice designed to build and operate production AI systems inside property and casualty insurers and managing general agents (MGAs).

Dearborn Labs launched to embed AI across insurance operations

Clearcover, a Chicago-based AI-native auto insurance carrier, has launched Dearborn Labs, a forward-deployed AI practice designed to build and operate production AI systems inside...
New York auto insurer Country-Wide Insurance has partnered with insurance technology provider Duck Creek Technologies to deploy the Duck Creek Clarity data and analytics platform.

Country-Wide adopts Duck Creek data platform

New York auto insurer Country-Wide Insurance has partnered with insurance technology provider Duck Creek Technologies to deploy the Duck Creek Clarity data and analytics...
Non-standard auto insurer Aspire General Insurance has partnered with insurance AI platform Liberate to introduce an AI-powered First Notice of Loss (FNOL) process.

Aspire adopts AI FNOL system with Liberate

Non-standard auto insurer Aspire General Insurance has partnered with insurance AI platform Liberate to introduce an AI-powered First Notice of Loss (FNOL) process. The collaboration is...
Digital insurer Wakam UK has entered the UK motorcycle insurance market through a partnership with specialist intermediary Principal Insurance.

Wakam UK partners Principal for motorcycle cover

Digital insurer Wakam UK has entered the UK motorcycle insurance market through a partnership with specialist intermediary Principal Insurance. The collaboration combines Wakam UK’s digital...
The Travelers Companies, a US-based multiline insurance provider, has announced the launch of a new artificial intelligence solution designed to modernise the way customers initiate insurance claims.

Travelers unveils AI Claim Assistant powered by OpenAI technology

The Travelers Companies, a US-based multiline insurance provider, has announced the launch of a new artificial intelligence solution designed to modernise the way customers...
Wrisk, an embedded insurance provider, has acquired Atto, a real-time financial intelligence platform specialising in open banking-driven credit insights, as the group looks to deepen its embedded finance and protection capabilities across enterprise customer journeys.

Wrisk acquires Atto to strengthen embedded finance intelligence

Wrisk, an embedded insurance provider, has acquired Atto, a real-time financial intelligence platform specialising in open banking-driven credit insights, as the group looks to...

News Stories

Wealth management’s AI rush: Are firms getting it right?

Wealth management’s AI rush: Are firms getting it right?

Innovation has been dominated by AI over the past few years. Firms have rushed to embrace the technology, experimenting with pilots and moving beyond...

Why explainable AI is the key to AML compliance

As financial institutions expand their use of artificial intelligence, a persistent question keeps resurfacing in anti-money laundering (AML) circles: does the requirement for explainability...
IntellectAI's month of listening exposes wholesale broking's data gap

IntellectAI’s month of listening exposes wholesale broking’s data gap

IntellectAI has closed out its Broker Appreciation Month (BAM) campaign with a set of findings on where wholesale insurance placement is succeeding, and where...
Why CPF providers can't ignore the currency question

Why CPF providers can’t ignore the currency question

CPF lifecycle schemes can invest globally, but the retirement outcomes they are built to deliver are measured in Singapore dollars. That mismatch, Kidbrooke argues in...
Why actuaries may have more in common with musicians

Actuaries and music: a mathematical connection

Actuaries and musicians may work in very different fields, but both rely on patterns, interpretation and judgement. At Akur8, several actuaries say their experience with...

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