Home/P&C

Geography modelling plays a vital role in property and casualty (P&C) insurance pricing, especially in motor and property insurance. By incorporating spatial patterns into risk and demand models, insurers can ensure premiums align with varying risk levels and behaviours across different geographic areas. This process smooths modelled effects, leading to more accurate and fair pricing. Dynamic pricing software specialists Quantee delves into the most common approaches to geography modelling together with their pros/cons.

A guide to geography modelling in insurance pricing

Geography modelling plays a vital role in property and casualty (P&C) insurance pricing, especially in motor and property insurance. By incorporating spatial patterns into...
Ageas partners with Saga to enhance insurance offerings for UK over 50s market

Ageas partners with Saga to enhance insurance offerings for UK over 50s market

Ageas has finalised exclusive negotiations with Saga, a UK-based specialist provider of products and services for individuals aged over 50. This development follows the initial announcement made on 11 October 2024.
Atlanta-based InsurTech startup Sola Insurance as successfully closed its seed funding round, raising $3.7m.

Sola Insurance bags $3.7m for tornado and wind damage policies

Atlanta-based InsurTech startup Sola Insurance as successfully closed its seed funding round, raising $3.7m.
Sony Financial Group, a major player in the property and casualty (P&C) and life insurance markets, has announced the acquisition of Japanese InsurTech startup JustInCase. 

Sony Financial Group acquires Japanese InsurTech startup JustInCase

Sony Financial Group, a major player in the property and casualty (P&C) and life insurance markets, has announced the acquisition of Japanese InsurTech startup...
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.
Insurity, a leading provider of cloud-based software solutions for insurance carriers, brokers, and managing general agents (MGAs), has announced the promotion of Jonathan Victor to the role of chief operating officer (COO).

Insurity appoints Jonathan Victor as COO to drive growth

Insurity, a leading provider of cloud-based software solutions for insurance carriers, brokers, and managing general agents (MGAs), has announced the promotion of Jonathan Victor...
ZestyAI has partnered with Standard Casualty Company to enhance risk assessment and policyholder collaboration for manufactured home insurance using advanced AI-driven property and climate risk analytics.

ZestyAI and Standard Casualty join forces to innovate property insurance for mobile homes

ZestyAI has partnered with Standard Casualty Company to enhance risk assessment and policyholder collaboration for manufactured home insurance using advanced AI-driven property and climate...
Insurity has partnered with ICEYE to integrate real-time catastrophe insights into its platform, enhancing P&C insurers’ ability to respond faster and more effectively to disasters.

Insurity partners with ICEYE to deliver real-time catastrophe insights to P&C insurance customers

Insurity has partnered with ICEYE to integrate real-time catastrophe insights into its platform, enhancing P&C insurers’ ability to respond faster and more effectively to...
Oyster has released an innovative suite of digital products aimed at revolutionising the property and casualty (P&C) insurance experience for small and medium-sized businesses (SMBs).

Oyster launches new AI-powered products to transform P&C insurance for SMBs

Oyster has released an innovative suite of digital products aimed at revolutionising the property and casualty (P&C) insurance experience for small and medium-sized businesses...
SageSure, a leading managing general underwriter (MGU), has announced a new partnership with Auros Reciprocal Insurance Exchange to offer improved homeowners’ insurance solutions in the states of Louisiana and Mississippi.

SageSure and Auros partner to expand homeowners’ insurance options in Louisiana and Mississippi

SageSure, a leading managing general underwriter (MGU), has announced a new partnership with Auros Reciprocal Insurance Exchange to offer improved homeowners’ insurance solutions in...

News Stories

Fuel Ventures leads $1m investment in Juno AI to revolutionise SME lending

Fuel Ventures leads $1m investment in Juno AI to revolutionise SME lending

Fuel Ventures, a UK-based venture capital firm, has spearheaded a $1m investment round in Juno Technologies, the developer behind Juno AI.

HGO commits $9m to Exos and €4m to Antaria in latest growth-stage investments

Hamilton Global Opportunities plc (HGO) has announced two strategic investments that align with its focus on high-potential technology-driven companies.
Sygnum achieves unicorn status with $58m funding round led by Fulgur Ventures

Sygnum achieves unicorn status with $58m funding round led by Fulgur Ventures

Sygnum, a global digital asset banking group, has raised $58m in an oversubscribed strategic growth round.
Czech cybersecurity startup Wultra raises €3m to combat quantum threats

Czech cybersecurity startup Wultra raises €3m to combat quantum threats

Czech cybersecurity firm Wultra, known for its advanced post-quantum authentication solutions, has raised €3m in a Seed+ funding round.
Indonesian FinTech Skor raises $6.2m to transform credit access

Indonesian FinTech Skor raises $6.2m to transform credit access

Indonesian FinTech company Skor Technologies, the creator of Skorlife and Skorcard, has successfully raised $6.2m in a pre-Series A funding round led by Argor Capital.

120,000+ FinTech leaders get exclusive industry stories delivered every week

Download the free AIFinTech100 report

FREE

Download the AIFinTech100 report for 2024 with details on each solution