Consumer Platforms

Fortegra Group, a global specialty insurer and part of Tiptre, has officially received clearance to extend its operations to Belgium and the European Union.

Vertafore, the leader in modern insurance technology, has announced Project Impact, a new initiative aimed at delivering significant technology enhancements and workflow improvements.

IMG, an award-winning global insurance benefits and assistance services company, has announced an expansion of its partnership with Teladoc Health, the global leader in whole-person virtual care.

hyperexponential and Send have announced a strategic partnership aimed at streamlining the pricing process for insurers.

Pyte, a company specialising in secure computation platforms, has announced it has raised an additional $5m in funding, bringing its total funding to over $12m.

CRC Group, a leading wholesale specialty insurance distributor in North America, has announced the appointment of three new executives to its leadership team.

Finsall, an innovative Fin+InsureTech company, has successfully secured a bridge round of Rs 15 crore, led by prominent investors Unicorn India Ventures and Seafund.

As the insurance sector undergoes a rapid evolution in regard to its pricing challenges, José María Castelo Marín, an esteemed actuary and advisor at Akur8 reflects on the tumultuous nature of this change - and opens up on why actuarial expertise is now key for insurers who wish to remain competitive.

Claims are the pivotal moment for every insurer, representing an opportunity to enhance customer experience and gather valuable data. The impact goes beyond the insurer–customer relationship as it also involves the beneficiary. A satisfactory claims process can convert beneficiaries into new customers. Comarch, a global IT products provider, delves into its significance.

Charts and visualisations are integral to pricing models, but traditional tools like Excel and standard Python charts come with limitations. What happens if your datatypes differ from what the chart requires? Or if you need to dynamically update your chart based on the insurance layers selected? Highlighting high-risk exposures in red might also be challenging. Performing these tasks in Excel or with standard Python charts can be cumbersome and sometimes impossible.