Technology
Insurance insiders say AI has not met expectations yet but still holds future potential
A GlobalData poll reveals that most insurance insiders believe AI has not met expectations yet, but they remain optimistic about…
WTW collaborates with Kayna to enhance service for SMEs
WTW, an advisory and broking company, has tied up with insurance infrastructure platform Kayna to enhance its Affinity Insurance business. The…
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…
