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News
Insurers are sitting on a distribution data goldmine
3+ hour, 1+ min ago (570+ words) Insurance carriers, MGAs and agencies have spent years modernising the technology behind their distribution operations, but a significant source of value could still be going unused: the data those systems generate. According to an analysis by Ido Deutsch at Product…...
Everest sells Mexico insurance business to Fairfax
4+ day, 4+ hour ago (248+ words) Everest Group, the Bermuda-headquartered specialty reinsurance and insurance provider, has entered into a definitive agreement to sell its Mexico insurance business to Fairfax Financial Holdings, as it continues to reshape its insurance portfolio. The transaction will see Fairfax acquire Compañía…...
Cytora partnership gives Octave a faster route to MGA launches
6+ day, 6+ hour ago (316+ words) Cytora, an AI-powered risk processing platform for commercial insurers, has entered a strategic partnership with Octave Specialty Group, a specialty insurance platform focused on building, acquiring and scaling managing general agencies (MGAs), to support the launch and operation of new…...
Allianz UK simplifies digital trading for SME brokers
1+ mon, 1+ day ago (228+ words) Allianz UK, the insurance giant, has refreshed its Complete Business proposition for digital trading, aiming to make it quicker and more straightforward for brokers to write SME risks online. The update marks a change in direction for the insurer, which…...
Applied and Travelers explore submissionless insurance quoting
1+ mon, 2+ day ago (332+ words) Applied Systems, an insurance software provider, has launched a submissionless commercial insurance quoting capability with The Travelers Companies as its first carrier partner, using agentic AI to streamline the renewal process. The technology is powered by Cytora, the AI platform…...
Majesco report maps AI strategy for frontier insurers
1+ mon, 2+ week ago (292+ words) Majesco, an AI-native and cloud-native software provider for the insurance industry, has published its latest thought leadership report examining how insurers are approaching artificial intelligence as a core strategic priority. The report, titled ‘Strategic Priorities 2026: The Frontier Insurer in the…...
Akur8: closing the gap between pricing and production
1+ mon, 3+ week ago (187+ words) Insurance pricing has a delivery problem. Actuaries can build technically robust models, but before those models generate any real business value, they must navigate data pipelines, product workflows, IT systems and governance processes. That journey, as Akur8 knows well, rarely belongs…...
Admiral completes acquisition of connected fleet InsurTech Flock
2+ mon, 6+ day ago (271+ words) Admiral Group has completed its acquisition of connected fleet insurance provider Flock, bringing the InsurTech’s AI-powered telematics platform into the insurer’s commercial motor business. The deal, first announced earlier this year, combines Admiral’s scale in the UK motor market with…...
Why transparency is reshaping insurance pricing strategy
2+ mon, 1+ week ago (699+ words) In practice, transparency is shifting pricing away from opaque model outputs and towards structured, explainable decision-making frameworks. Insurers are now expected not only to deliver accurate pricing, but also to demonstrate how each assumption, variable and adjustment contributes to the…...
Elysian appoints Jerilyn Kelly as head of sales
2+ mon, 3+ week ago (280+ words) Elysian, an AI-native commercial claims TPA, has appointed Jerilyn Kelly as head of sales as the company expands its commercial relationships across the insurance claims market. Kelly joins Elysian with more than 15 years of experience spanning TPA claims management, managed…...