Technology
Parametric reinsurance solution provider Demex rakes in $10.25m
The Demex Group, a company specialising in climate and catastrophe peril parametric stop-loss reinsurance protection, has garnered investment of $10.25m. …
ICEYE, Aon expand alliance to enhance disaster response
ICEYE, a satellite-powered disaster management solutions provider, has expanded its data licensing agreement with insurance company Aon. The enhanced agreement…
Azentio boosts insurance tech with strategic acquisitions
Azentio Software has closed the acquisition of iMOTOR and Pysurance’s software assets and intellectual property (IP) from two Kuwait-based companies specialising…
Earnix, Hexaware collaborate to improve insurance pricing
Earnix, an AI-based software-as-a-service (SaaS) pricing and rating solutions provider, has teamed up with IT services and solutions company Hexaware to…
WIU launches new insurance products for trucking industry on Joshu platform
Workforce Insurance Underwriters (WIU), a managing general agent (MGA) and wholesale insurance broker catering to the specialised needs of the…
Canadian insurtech startup YouSet raises seed funding
Canadian startup YouSet has secured C$3.5m ($2.57m) in an oversubscribed seed funding round to enhance the insurance shopping experience. This…
Aon launches D&O Risk Analyzer for executive risk management
Aon has introduced a new digital application, the D&O Risk Analyzer, aimed at enhancing the management of executive risks for…
Businesses must strengthen their defences against AI-driven cyber threats
GlobalData surveying indicates that over half of industry insiders believe AI applications, such as ChatGPT, will cause an increase in…
Society Insurance adopts Sapiens’ reinsurance automation tool
US-based niche insurance provider Society Insurance has partnered with Sapiens International to automate its reinsurance processes. This collaboration aims to…
Cytora and Xapien to automate due diligence for commercial insurers
Digital risk processing platform Cytora has teamed up with Xapien, an AI-driven due diligence company, to equip commercial insurers with…
