Data/Intelligence

Lloyd’s, the world’s leading marketplace for insurance and reinsurance, has announced that Sir Charles Roxburgh KCB will be its next Chair.

Lloyd’s announces Sir Charles Roxburgh as new Chair

Lloyd’s, the world’s leading marketplace for insurance and reinsurance, has announced that Sir Charles Roxburgh KCB will be its next Chair.
IS2, a leading provider of digital distribution platform (DDP) solutions, has launched its latest API-enabled hosted pricing solution, aimed at transforming distribution for commercial insurers and Managing General Agents (MGAs).

IS2 launches new API-enabled hosted pricing solution for commercial insurers and MGAs

IS2, a leading provider of digital distribution platform (DDP) solutions, has launched its latest API-enabled hosted pricing solution, aimed at transforming distribution for commercial insurers and Managing General Agents (MGAs).
Akur8, a next-generation insurance pricing and reserving solution, has been selected by leading Spanish insurer Seguros Lagun Aro to streamline its insurance pricing process.

Seguros Lagun Aro selects Akur8 to streamline its insurance pricing process

Akur8, a next-generation insurance pricing and reserving solution, has been selected by leading Spanish insurer Seguros Lagun Aro to streamline its insurance pricing process.
Cytora, a digital risk processing platform, has entered into a partnership with Mitiga Solutions, a provider of climate risk intelligence, to help insurers better assess and manage climate-related risks.

Cytora partners with Mitiga Solutions to boost climate risk analysis for insurers

Cytora, a digital risk processing platform, has entered into a partnership with Mitiga Solutions, a provider of climate risk intelligence, to help insurers better...
Akur8, the machine learning-powered insurance pricing and reserving platform, has announced the closure of a $120m Series C funding round.

Akur8 lands $120m in Series C to enhance its next-gen actuarial platform

Akur8, the machine learning-powered insurance pricing and reserving platform, has announced the closure of a $120m Series C funding round.
OneAdvent, a specialist MGA services platform, has announced a new leadership appointment designed to support the company’s ongoing expansion within Europe.

OneAdvent announces leadership appointment to drive European expansion plans

OneAdvent, a specialist MGA services platform, has announced a new leadership appointment designed to support the company’s ongoing expansion within Europe.
As the insurance industry rapidly modernises, actuaries are becoming integral to shaping and executing strategic growth plans. With a focus on enhancing risk management, leveraging advanced technologies like AI, and optimising decision-making processes, actuaries are driving innovation across the landscape. Their expertise is crucial in adapting to industry changes and achieving long-term business objectives, underscoring their pivotal role in the future of insurance strategy.

How actuaries shape insurance strategy

As the insurance industry rapidly modernises, actuaries are becoming integral to shaping and executing strategic growth plans. With a focus on enhancing risk management, leveraging advanced technologies like AI, and optimising decision-making processes, actuaries are driving innovation across the landscape. Their expertise is crucial in adapting to industry changes and achieving long-term business objectives, underscoring their pivotal role in the future of insurance strategy.
Akur8, the next-generation insurance pricing solution, has announced its acquisition of Arius®, an award-winning property and casualty (P&C) reserving software.

Akur8 acquires Arius from Milliman to enhance its actuarial capabilities

Akur8, the next-generation insurance pricing solution, has announced its acquisition of Arius®, an award-winning property and casualty (P&C) reserving software.
The Demex Group, a risk analytics and intelligence company specialising in stop-loss reinsurance protection, has secured $10.25m in funding through a Series A and previous SAFE round.

Reinsurance innovator Demex Group raises $10.25m in Series A

The Demex Group, a risk analytics and intelligence company specialising in stop-loss reinsurance protection, has secured $10.25m in funding through a Series A and previous SAFE round.
Insurity has partnered with Gain Life to become the first major claims system to offer a fully integrated claims communication platform.

Insurity and Gain Life to offer AI-driven claims communication for insurers

Insurity has partnered with Gain Life to become the first major claims system to offer a fully integrated claims communication platform.

News Stories

IMTF

Babel Street, IMTF unite to set new standards in international compliance technologies

Babel Street and IMTF, two leaders in regulatory technology, have announced a strategic partnership that introduces advanced multi-lingual name screening capabilities within IMTF's SironOne platform.
Tide unveils carbon calculator to help SMEs achieve net zero

Tide unveils carbon calculator to help SMEs achieve net zero

Tide, a leading business financial platform in the UK, has unveiled a new automated carbon calculator in partnership with carbon measurement specialist Connect Earth.
Akur8 and AAIS collaborate to revolutionise predictive modelling in P&C insurance

Akur8 and AAIS collaborate to revolutionise predictive modelling in P&C insurance

Akur8, a cutting-edge provider of insurance pricing and reserving solutions powered by transparent machine learning, has partnered with the American Association of Insurance Services (AAIS), a leading not-for-profit advisory organisation supporting the Property & Casualty (P&C) insurance industry.
Anitian raises $7m Series D funding to drive AI-powered compliance innovation

Anitian raises $7m Series D funding to drive AI-powered compliance innovation

Anitian, a leading provider of compliance automation solutions, has closed a $7m Series D funding round, strengthening its position in the RegTech sector.
Data security leader Cyera secures $300m Series D, hitting $3bn valuation

Data security leader Cyera secures $300m Series D, hitting $3bn valuation

Cyera, a leader in AI-driven data security, has raised $300m in its Series D funding round, achieving a valuation of $3bn.

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