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Imagine filing an insurance claim from your phone, tracking its progress, and resolving everything within days. It might sound like a mirage, but this is already happening. The insurance industry, once known for its slow and outdated processes, is undergoing a significant transformation thanks to rapid advancements in technology and innovative tech-driven solutions. 

Zurich and Aon have joined forces to introduce a pioneering clean energy insurance facility aimed at providing extensive coverage for blue and green hydrogen projects globally, with capital expenditures reaching up to $250m.

German InsurTech startup Feather, which aims to simplify health insurance for expatriates, has successfully raised €6m.

For medium-to-large businesses, developing new applications can come with a swathe of new challenges. One key issue revolves around creating workflows for dozens of business applications - and the difficulties that can involve for firms without serious coding expertise. When a leading US insurance business faced this issue, Symfa stepped in to build a micro low-code platform to help insurance business users change business logic fast and easily.

Insurance is an industry where every pathway converges towards the customer. When developing policy offerings, it’s crucial to consider the client, including features such as online quote generation and purchasing options for auto and homeowners insurance. The convenience of obtaining these policies online has become essential for satisfying customers and capturing market share. Global IT business products provider Comarch dives into how you can satisfy your digital insurance clients.

Madanes Insurance Agency, a leading insurance broker specializing in complex insurance schemes across property, liability, and health sectors, along with risk and claims management, has partnered with Novidea.

Capco has announced the appointment of Karl Canty as a new Partner within its US Insurance practice, based in Hartford, Conn.

Vertafore, the leader in modern insurance technology, has announced Project Impact, a new initiative aimed at delivering significant technology enhancements and workflow improvements.

GradGuard has expanded its renters insurance program to include students coverage in Rhode Island.

NexPhase Capital, a private equity firm known for its thematic and operational focus, has announced an investment in Insurance Systems Inc., ISI, a provider of enterprise software solutions to the property and casualty insurance industry.