The potential of generative AI has caused a widespread race across the insurance sector. Firms are embroiled in various pilots and tests to see where the most value can be found, but where is the real value coming from? Firms have spent the past few years experimenting with generative AI, but the time for pilots...Read More
Booking a flight online takes minutes. Ordering a taxi takes seconds. Even applying for a loan can now be done in a handful of taps. Buying insurance, by contrast, often feels like stepping back a decade. The process slows, the questions multiply, and what should be simple quickly becomes something to work through rather than...Read More
Insurance has always depended on timing. Risk is captured at a specific moment, translated into a price, and expected to remain broadly stable until the next review. For much of the industry’s history, that assumption has held. Risk moved, but not so quickly that it escaped the frame of underwriting. That balance is now shifting....Read More
Saifr, an AI technology firm incubated within Fidelity Labs, has unveiled a new AI-powered product aimed at streamlining compliance for insurance advertising. The company, known for its focus on enhancing regulatory workflows with artificial intelligence, continues to build out its portfolio of RegTech solutions for the financial services sector. The latest release comes in response...Read More
Insurity, a cloud software provider for property and casualty (P&C) insurers, and ReAlign, a US-based underwriter of specialty insurance programmes, have entered a new partnership. The strategic collaboration will see ReAlign implement Insurity’s SpatialKey platform to strengthen its catastrophe risk management, improve exposure control, and drive sustainable underwriting profitability, according to InsurTech Insights. The partnership aligns with...Read More
INSHUR, a global provider of insurance solutions for the on-demand economy, has entered a strategic partnership with Diesta, a technology company specialising in insurance payment reconciliation and distribution. The partnership is aimed at helping INSHUR automate its reconciliation processes, streamline settlements, and improve ledger reporting across various business lines and international markets, according to InsurTech Insights. This...Read More
Convex, the international specialty insurer and reinsurer, has received in-principle approval to launch Lloyd’s Syndicate 1984. The launch comes as Convex seeks to further expand its global reach having identified significant opportunities in the Lloyd’s market, which it sees as vital for the continued success of its strategic plans, according to InsurTech Insights. The timing is right for...Read More
Clearcover, a next-generation auto insurer known for its digital-first approach, has launched a reciprocal insurance exchange designed to strengthen its position in the non-standard auto insurance market. The product, known as Clearcover Inter-Insurance Exchange (CIX), aligns with Clearcover’s broader strategy to improve profitability, fuel growth, and enhance accessibility within auto insurance, according to InsurTech Insights. With a...Read More
This Valentine’s Day, we’re celebrating the perfect matches—not just in love, but in InsurTech. As the industry continues to evolve, strategic partnerships are proving to be the secret ingredient for success, bringing together cutting-edge technology, data-driven insights, and customer-first innovation. InsurTech Analyst spotlights the five partnerships changing the InsurTech landscape in 2025. Quantee teams up with arithmetica...Read More
Convex, the international specialty insurer and reinsurer, has received in-principle approval to launch Lloyd’s Syndicate 1984. The launch comes as Convex seeks to further expand its global reach having identified significant opportunities in the Lloyd’s market, which it sees as vital for the continued success of its strategic plans, according to InsurTech Insights. The timing is right for...Read More
