Consumer Platforms

In 2024, insurance companies are at the forefront of digital transformation, leveraging cutting-edge technologies to reshape the industry landscape. As consumer expectations evolve and technology continues to advance, insurers are embracing innovative strategies to enhance efficiency, personalisation, and overall customer satisfaction.

What are the key digital transformation trends in the insurance industry for 2024?

In 2024, insurance companies are at the forefront of digital transformation, leveraging cutting-edge technologies to reshape the industry landscape. As consumer expectations evolve and technology continues to advance, insurers are embracing innovative strategies to enhance efficiency, personalisation, and overall customer satisfaction.
Resilience has launched a new Technology Errors & Omissions (E&O) coverage in a bid to add to its market-leading cyber insurance offering.

Resilience launches Technology Errors & Omissions (E&O) coverage

Resilience has announced the launch of its Technology Errors & Omissions (E&O) coverage in a bid to add to its market-leading cyber insurance offering.
CLARA Analytics, a leading AI technology provider for insurance claims optimisation, has announced a remarkable 100% year-over-year growth in annual recurring revenue (ARR).

CLARA Analytics reveals record revenue growth

CLARA Analytics, a leading AI technology provider for insurance claims optimisation, has announced a remarkable 100% year-over-year growth in annual recurring revenue (ARR).
Allianz S.p.A. has revealed that it has finalised the acquisition of Tua Assicurazioni S.p.A. in a €280m deal.

Allianz boosts Italian market presence with €280m Tua Assicurazioni acquisition

Allianz S.p.A. has revealed that it has finalised the acquisition of Tua Assicurazioni S.p.A. in a €280m deal.
Leading insurance software provider Sapiens International Corporation has expanded its presence in the Canadian market.

Sapiens expands presence in Canadian market

Leading insurance software provider Sapiens International Corporation has expanded its presence in the Canadian market.
Digisure, a prominent InsurTech startup recognised for its innovative Protection-as-a-Service platform, has officially ceased operations as of last Friday.

InsurTech Digisure closes its doors

Digisure, a prominent InsurTech startup recognised for its innovative Protection-as-a-Service platform, has officially ceased operations as of last Friday.
Blu Clarity, an MGA specialising in value-based risk management solutions, and Irys Insurtech, a technology platform, have joined forces in a strategic partnership.

Blu Clarity unveils game-changing partnership with Irys Insurtech

Blu Clarity, an MGA specialising in value-based risk management solutions, and Irys Insurtech, a technology platform, have joined forces in a strategic partnership.
BMS, an independent specialist insurance and reinsurance broker, has adopted Artificial Labs' Contract Builder as part of its digital strategy.

BMS adopts Artificial Labs’ Contract Builder as part of its digital strategy

BMS, an independent specialist insurance and reinsurance broker, has adopted Artificial Labs' Contract Builder as part of its digital strategy.
wefox strengthens executive team with Dominik Ulrich as CRO

wefox strengthens executive team with Dominik Ulrich as CRO

wefox, a leading player in the InsurTech sector, has announced the appointment of Dominik Ulrich as its Chief Risk Officer (CRO), effective immediately.
KYND Limited, a prominent figure in cyber risk management, has announced a strategic partnership with Probitas 1492, a leading Lloyd’s of London underwriting syndicate.

KYND teams up with Probitas 1492 to enhance underwriting capabilities

KYND Limited, a prominent figure in cyber risk management, has announced a strategic partnership with Probitas 1492, a leading Lloyd’s of London underwriting syndicate.

News Stories

Kayna secures spot in Guidewire's InsurTech Vanguards programme

Kayna secures spot in Guidewire’s InsurTech Vanguards programme

Kayna, an award-winning embedded insurance distribution platform headquartered in Cork, Ireland, has been accepted into the Guidewire InsurTech Vanguards programme, an initiative run by...
Adaptive Insurance taps ZestyAI for storm risk underwriting

AI storm risk tool integrated into Adaptive Insurance platform

Adaptive Insurance, a specialist provider of climate-focused insurance products, has selected ZestyAI, an AI-powered risk and decision intelligence platform, to integrate property-level storm risk scoring into its wind and hail underwriting and pricing programmes.
crime

Has the traditional financial crime model reached its limit?

The traditional financial crime operating model was built for a different era. For decades, financial institutions have relied on separate functions, technologies and processes...
Reset raises $6m seed round led by credit union customers

Reset raises $6m seed round led by credit union customers

Reset, an embedded earned wage access (EWA) platform designed for credit unions and community banks, has closed a $6m seed funding round, bringing its...
Revolut launches 5% savings rate for new UK customers

Revolut launches 5% savings rate for new UK customers

Revolut, the licensed UK bank, has unveiled a market-leading 5% AER (variable) savings rate for new customers in the UK, available until 4th December...

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