Five Sigma unveils insurance industry’s first AI-powered Insurance Adjustment Agent
Five Sigma, a prominent AI claims management software company, has introduced the insurance industry's first AI-powered Insurance Adjustment Agent, Clive™.
Bold Penguin partners with RT Specialty to enhance E&S insurance solutions
Digital solution platform, Bold Penguin, has announced a strategic partnership with RT Specialty, a leading wholesale distributor of commercial excess and surplus (E&S) insurance products and services.
Lemonade expands UK offerings with buildings and contents insurance
Lemonade, the digital insurance company powered by AI and social impact, today announced the launch of Buildings and Contents insurance in the UK.
Chubb appoints industry veteran to senior leadership role
Chubb, a leading global provider of insurance products, has announced the appointment of Peter Kelaher as the division president for Continental Europe, Middle East and North Africa.
Aviva strengthens broker and customer proposition with Probitas acquisition
Aviva, a leading insurance company in the UK and Ireland, has completed the acquisition of Probitas, an established player in the Lloyd's insurance market.
Brookfield set to launch new UK insurance entity to capture corporate pension deals
Brookfield, one of the world’s largest private capital groups, has applied to establish an insurance entity in the UK.
Chubb announces major executive appointments to drive growth
Chubb Limited, a global insurance leader, has announced significant executive appointments within its North American general insurance business.
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).
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 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.