Commercial/Enterprise Insurance

The Woodlands Financial Group (TWFG), an insurance broker supported by reinsurer RenaissanceRe, has announced its intention to raise up to $176m through its upcoming Initial Public Offering (IPO).

Insurance broker TWFG targets $176m in IPO

The Woodlands Financial Group (TWFG), an insurance broker supported by reinsurer RenaissanceRe, has announced its intention to raise up to $176m through its upcoming Initial Public Offering (IPO).
In the competitive landscape of insurance underwriting, the integration of risk data is emerging as a secret weapon to enhance the performance of your underwriting team. One way this can be exploited is through the use of loss control, a risk management method aimed at decreasing the likelihood of losses occurring and minimising the impact of any that do happen. Due to the clear benefits of this, numerous key industry players are now claiming that advanced loss control practices can transform the traditional underwriting processes, reducing claims while increasing renewals and premiums.  

Loss control: Underwriting’s secret weapon 

In the competitive landscape of insurance underwriting, the integration of risk data is emerging as a secret weapon to enhance the performance of your underwriting team. One way this can be exploited is through the use of loss control, a risk management method aimed at decreasing the likelihood of losses occurring and minimising the impact of any that do happen. Due to the clear benefits of this, numerous key industry players are now claiming that advanced loss control practices can transform the traditional underwriting processes, reducing claims while increasing renewals and premiums.  
Aflac, a leading provider of supplemental insurance in the U.S., has announced a partnership with SKYGEN to continue improving the customer satisfaction journey.

Aflac partners with SKYGEN to enhance claims and billing processes through automation

Aflac, a leading provider of supplemental insurance in the U.S., has announced a partnership with SKYGEN to continue improving the customer satisfaction journey.
Aurora, the managing general agent, has launched a flagship commercial combined product tailored for SMEs.

Aurora launches new commercial combined product tailored for SMEs

Aurora, the managing general agent, has launched a flagship commercial combined product tailored for SMEs.
Acrisure, a leading FinTech company that combines a proprietary artificial intelligence platform with a strong team, has announced the appointment of Aaron Miller as its new chief financial officer.

Acrisure appoints Aaron Miller as new chief financial officer

Acrisure, a leading FinTech company that combines a proprietary artificial intelligence platform with a strong team, has announced the appointment of Aaron Miller as its new chief financial officer.
iA Financial Group, one of Canada’s largest insurance and wealth management organisations, has announced a $10m investment in Clutch Technology, a firm specialising in the online sales of pre-owned vehicles.

iA Financial Group invests $10m in Clutch Technology’s pre-owned car sales platform

iA Financial Group, one of Canada’s largest insurance and wealth management organisations, has announced a $10m investment in Clutch Technology, a firm specialising in the online sales of pre-owned vehicles.
Three years ago, a US insurance giant struggled to develop a Rules engine for their multiple user-facing applications. The project initially failed, leading them to enlist Symfa's expertise. Dmitry Denisko, senior software engineer at Symfa, delved into how the company reinvented the world of insurance business logic.

How Symfa’s innovative low-code platform transformed insurance business logic

Three years ago, a US insurance giant struggled to develop a Rules engine for their multiple user-facing applications. The project initially failed, leading them to enlist Symfa's expertise. Dmitry Denisko, senior software engineer at Symfa, delved into how the company reinvented the world of insurance business logic.
PLATFORM Insurance Management, a leading Canadian broker, has announced the formation of a Captive and Alternative Risk Financing Practice Group, as it looks to enhance its service offerings and provide innovative solutions to its clients.

PLATFORM Insurance Management introduces innovative Captive Insurance Practice Group

PLATFORM Insurance Management, a leading Canadian broker, has announced the formation of a Captive and Alternative Risk Financing Practice Group, as it looks to...
Brokerslink, a global broking company, has announced the launch of a dedicated Trade Credit Insurance (TCI) practice.

Brokerslink launches new Trade Credit Insurance practice to meet rising demand

Brokerslink, a global broking company, has announced the launch of a dedicated Trade Credit Insurance (TCI) practice.
Wopta Assicurazioni, an InsurTech MGA established to support businesses and professionals against everyday risks, has successfully closed a €4.1m Series A funding round.

Italian InsurTech Wopta Assicurazioni secures €4.1m in Series A funding

Wopta Assicurazioni, an InsurTech MGA established to support businesses and professionals against everyday risks, has successfully closed a €4.1m Series A funding round.

News Stories

InvestiFi and HiFin Technology join forces to enhance digital banking implementations

InvestiFi and HiFin Technology join forces to enhance digital banking implementations

InvestiFi, a prominent InvestTech platform, has entered into a strategic partnership with HiFin Technology, a leading Alkami Technology services firm.
Singapore banks enhance security to fend off phishing threats

Singapore banks enhance security to fend off phishing threats

In a recent announcement by the Monetary Authority of Singapore (MAS) and The Association of Banks in Singapore (ABS), major retail banks in Singapore are set to overhaul their security protocols.
Google eyes $23bn acquisition of Wiz in major cybersecurity expansion

Google eyes $23bn acquisition of Wiz in major cybersecurity expansion

Google is reportedly close to finalizing its most significant acquisition to date, with cybersecurity company Wiz at the centre of a $23bn deal, according...
Redwood National and State Parks

Endor Labs secures strategic investment from Citi Ventures to bolster software security

Endor Labs, a trailblazer in software supply chain security, recently announced a strategic investment from Citi Ventures.
Argentine FinTech startup Tapi secures $22m in Series A

Argentine FinTech startup Tapi secures $22m in Series A

Argentine FinTech company, Tapi, has successfully raised $22m in a Series A funding round.

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