Tag: insurtech
Concirrus partners with Insurity to develop data models for marine insurers
Concirrus has announced a new partnership with Insurity that will see it deliver unique predictive data models for marine insurers.
hyperexponential launches new insurance-focused podcast
As the business environment evolves, the insurance sector grapples with a pertinent issue: talent. Maintaining a competitive edge, staying relevant, and demonstrating resilience are pivotal for survival, and people with the right skills are key to these endeavours.
Harnessing the future of InsurTech: Centralised risk data platforms and data...
In the current dynamic InsurTech landscape, the significance of risk data analytics and a centralised risk data platform is undeniable.
InsurTech disruptor Modives secures $3m in seed round
Modives, an InsurTech start-up, is aiming to improve the arduous process of insurance verification for property managers and auto dealers.
Insurance intelligence firm Percayso Inform nets £2.7m
Percayso Inform, a groundbreaking UK-based company that turns insurance data into insights, has successfully closed a £2.7m funding round. The company, known for its smart solutions which have been adopted by insurers, brokers, and MGAs, continues to expand rapidly.
DistriBind: Powering data visibility for competitive advantage in the insurance sector
The significance of data visibility in the insurance sector is often underestimated. For companies hoping to maintain a competitive edge, robust data monitoring and management are critical, especially given the sheer volume of data they handle. Recognising this challenge, distriBind offers an innovative visibility solution that is setting new standards in the industry.
Shaping the future of specialty pricing: The power of data and...
Specialty insurance classes pose some of the most intricate pricing challenges in the insurance industry. Their rapidly evolving dynamics, coupled with their long-term nature, demand prices capable of standing the test of time. Gathering sufficient data for these specialty lines often proves difficult due to the nascent stage of many of these books and the inherent complexities in data collection.
PSG Equity propels MindBridge’s global growth with hefty $60m investment
Founded in 2015, MindBridge is a Canadian company based in Ottawa, regarded as the world's leading artificial intelligence (AI) powered financial risk discovery platform.
InsurTech game changer Ennabl secures $8m in Series A funding
Ennabl, an innovator in the InsurTech industry, with a data analytics platform that empowers insurance brokers and agencies, has announced a successful Series A fundraising round.
How pricing strategy is driving digital transformation in UK insurance sector
The power of pricing transformation in the digital journey of insurance companies cannot be overstated. A pivot towards this aspect can lead to an impressive array of benefits, ranging from competitive edge to talent retention, regulatory adherence and even improvement in loss ratio.