Tag: insurance brokers

Unitary expands UK broker automation through BIBA partnership

Unitary, an automation platform helping businesses reduce manual repetitive work without costly, multi-year overhauls, has joined the British Insurance Brokers’ Association (BIBA) as an...

Insurance AI boosted as Applied Systems buys Cytora

Applied Systems has announced the acquisition of Cytora, a specialist in digital risk processing, as part of its push to expand AI-driven insurance solutions.

Smarter policy review with IntellectAI’s Magic Placement

In a fast-evolving insurance landscape, traditional manual methods for policy comparison are increasingly inadequate.

AI-driven Magic Placement transforms underwriting with smarter document insights

Insurance brokers face mounting pressure to process vast amounts of paperwork quickly and accurately. From quotes and binders to renewals and policies, even minor...

Konsileo raises £8m to drive UK expansion in commercial broking

Chartered commercial broker Konsileo, which specialises in providing insurance services to mid-market businesses, has successfully raised £8m to support its expansion across the UK.

Stoïk secures $27m in Series B to bolster cyber insurance for...

Stoïk, a French InsurTech startup, recently secured Series B funding of €25m ($27m). The round was led by Alven, with participation from Andreessen Horowitz, Munich...

How FullCircl’s SmartBroker revolutionized broker growth in just one year

FullCircl marked a significant milestone, celebrating the first anniversary of its SmartBroker facility, a game-changer for BIBA members.

The impact of loss run data on insurance operations and negotiations

In the realm of InsurTech, the ability to accurately assess risk, calculate premiums, and determine policy renewals hinges significantly on understanding historical losses. IntellectAI, which...

Why CDR matters for London market brokers

The London Market is on the precipice of a digital transformation, and one significant initiative propelling this change is the Core Data Record (CDR) introduced by Lloyds as part of the Lloyd’s Blueprint Two programme. This strategic move aims to standardise and streamline the collection of critical transaction data, marking a pivotal leap in market efficiency. InsurTech Novidea explains why CDR matters for London market brokers. 

Talanx successfully completes acquisition of Liberty Seguros in Brazil

Talanx's Retail International division has successfully finalised the acquisition of of the business of Liberty Seguros with retail customers and small to mid-sized enterprises in Brazil.

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