Infrastructure/Back-end

West Bend Insurance, a personal lines insurer, has expanded its collaboration with ZestyAI, a leader in climate and property risk analytics.

Akur8 and Louisiana Workers' Compensation Corporation (LWCC) partner to refine insurance pricing models Akur8, known for its next-generation insurance pricing solutions powered by transparent machine learning, has recently teamed up with the Louisiana Workers' Compensation Corporation (LWCC).

In the competitive world of insurance, the profitability of underwriting is closely linked to informed decision-making that efficiently mitigates risks and optimizes loss ratios. Traditional barriers, primarily the compartmentalisation of data, often hinder this objective.

Ledgebrook, the rapidly growing InsurTech firm, has successfully closed a $17m Series B funding round.

Sedgwick, a global leader in claims management, loss adjusting, and technology-driven solutions, has formed a strategic partnership with Altas Partners, a prominent North American private equity firm.

Nirvana, a pioneering health tech company, today announced a significant boost to its mission of bringing transparency to health insurance processes.

Mylo, a leader in the InsurTech industry, and Fayr, an innovative mobile application aiding divorced parents, have formed a strategic partnership.

Mergers and acquisitions (M&A) have long been pivotal strategies for growth within the insurance sector, enabling firms to expand their market presence, enter new territories, and secure competitive advantages.

Ebix, a global supplier of on-demand software and e-commerce services across the insurance, financial, and healthcare sectors has emerged from Chapter 11 bankruptcy.

The insurance sector is witnessing a paradigm shift as carriers move beyond conventional loss control surveys to embrace service-oriented strategies. This evolution is fueled by the understanding that proactive engagement through service plans significantly bolsters customer relationships and retention rates.