News
Allianz partners Coalition to reshape global cyber insurance
11+ hour, 13+ min ago (265+ words) Allianz Commercial will transfer its standalone cyber insurance portfolio to Coalition as part of a long-term partnership to consolidate the global cyber insurance market." This collaboration is set to accelerate growth in a rapidly expanding cyber risk market increasingly shaped…...
What insurance analytics gets wrong about data drift and KPI impact
2+ day, 10+ hour ago (731+ words) Insurance analytics has become more powerful, more automated, and more widespread, yet insurers are still struggling with a familiar problem. They are surrounded by data, alerts, and model outputs, but often unclear on what actually requires action. Across pricing, underwriting,…...
Simply Business expands AI strategy with Chat GPT insurance app launch
2+ week, 12+ hour ago (335+ words) Simply Business, a digital insurance marketplace, has launched a business insurance app on Chat GPT in the US, alongside a separate rollout in the UK. The application connects Chat GPT to Simply Business" indicative pricing tool, allowing small business owners…...
Atrium adopts Sofix Broker Brief to enhance claims workflows
4+ week, 11+ hour ago (306+ words) Atrium has deployed Sofix's Broker Brief solution to bring AI-powered claim analysis and summaries directly into its claims workflow across all classes of business. The deployment sees the Lloyd's specialty insurer integrate Broker Brief into its claims management system, enabling…...
WTW restructures EMEA insurance business
1+ mon, 1+ week ago (239+ words) WTW has announced a restructuring of its Insurance Consulting and Technology operations in EMEA, creating dedicated property and casualty (P&C) and life businesses to strengthen expertise and accelerate innovation. The advisory and broking group said the changes respond to growing…...
Shepherd raises $42m to boost commercial insurance
1+ mon, 2+ week ago (211+ words) Shepherd, an AI-native commercial insurance platform, has raised $42m in a Series B round led by Intact Private Capital, bringing total funding to $67m. Shepherd said revenue has grown more than sevenfold over the past 24 months. The platform now insures more than…...
WTW Radar Live to power Thimble pricing engine
1+ mon, 2+ week ago (208+ words) WTW, a global insurance advisory and broking group, has been selected by digital MGA Thimble to deploy Radar Live to modernise and scale its commercial lines pricing capabilities. The platform will support Thimble's short-term liability insurance products, enabling faster rate…...
What the US-Iran conflict reveals about global insurance risk
1+ mon, 2+ week ago (1344+ words) The headlines arrive faster than anyone can process them. Missile strikes. Warnings of retaliation. Oil markets jolt as tensions rise around the Strait of Hormuz. Governments scramble to evacuate citizens. Across television studios and diplomatic corridors, the same uneasy question…...
Pikl expands flexible cancellation for rental platforms
1+ mon, 2+ week ago (247+ words) Pikl, an Insur Tech focused on insurance-enabled business models, is scaling its flexible cancellation solution designed to help short-term rental platforms offer booking flexibility while protecting revenue. The offering enables property management companies (PMCs) to provide "hotel-like" flexible booking options…...