Tagged: insurance

September 30, 2025 @ 2:24 am By Omar Faridi  |  

wefox Holding AG announced the appointment of Dieter Bartl as its new Group Chief Financial Officer effective 1 October 2025. This update comes after the company reported new funding earlier this year, and after selling its Italian business operations (claiming it was part of restructuring)…. Read More

September 28, 2025 @ 12:28 pm By Omar Faridi  |  

In the ever-evolving environment of cyber threats, the insurance industry is grappling with a major challenge – which is handling explosive growth in cyber insurance premiums alongside heightened exposure to catastrophic losses. Reinsurers and insurers are turning to advanced analytics to fortify their portfolios against… Read More

September 26, 2025 @ 11:40 am By Omar Faridi  |  

Insurtech Kin, the direct-to-consumer insurer, stepped into Missouri’s turbulent market with a personalized home insurance that aims to cut through the chaos of complex weather risks. By harnessing data-driven underwriting and pinpoint risk assessments, Kin is redefining coverage for homeowners and landlords in the Show-Me… Read More

September 23, 2025 @ 9:58 am By Omar Faridi  |  

In the competitive sector of digital insurers, Insurtech firm Kin is emerging as a key player focused on a range of home insurance solutions. The Tampa-based insurtech, specializing in homeowners coverage, announced Q2 2025 results recently this month, revealing 26% year-over-year revenue growth to $58.5… Read More

September 15, 2025 @ 2:49 am By Omar Faridi  |  

Lemonade Inc. (NYSE: LMND), the Insurtech company enabling AI-driven, customer-centric solutions, has officially launched its homeowners insurance product in the Netherlands. Announced this month, this expansion marks a significant milestone for the New York-based insurtech firm, which has established a foothold in the region with… Read More

September 7, 2025 @ 3:19 pm By Michael Wong  |  

The global property and casualty (P&C) insurance market has doubled in size over the past two decades to $2.4 trillion in premiums, supported by broader access to coverage, alternative risk transfer mechanisms and stronger reinsurance capacity, according to Swiss Re Institute’s latest sigma report. Swiss… Read More

August 28, 2025 @ 12:44 pm By Omar Faridi  |  

CyberCube, the firm focused on cyber risk analytics, and Supercede, the global reinsurance technology platform, have announced a  partnership that will make cyber reinsurance placements faster, cleaner, and easier to model. The integration enables brokers and carriers to “push high-quality, structured submission data directly from… Read More

August 10, 2025 @ 5:24 pm By Omar Faridi  |  

The insurance industry is undergoing a seismic shift, driven by the integration of artificial intelligence and digital technologies. The Global InsurTech Report for Q2 2025, released by Gallagher Re, provides a comprehensive analysis of these trends, focusing on AI’s transformative impact on property insurance, InsurTech… Read More

August 6, 2025 @ 1:49 am By Omar Faridi  |  

Lemonade, Inc. (NYSE: LMND), the digital insurance company leveraging artificial intelligence and a social impact mission, released its second quarter 2025 financial results on August 5, 2025, showcasing its ongoing efforts to enhance the traditional insurance industry. The results, detailed in the company’s Q2 2025… Read More

August 5, 2025 @ 9:43 pm By Omar Faridi  |  

Ascot Group Limited, a global specialty (re)insurance company and Antares Capital, an alternative credit manager with $83+ billion in capital under management and administration, announced a partnership to launch Wayfare Reinsurance Limited, a reinsurance sidecar, together with Canro Re Limited, a segregated account company. Wayfare… Read More

August 5, 2025 @ 8:28 am By Tony Zerucha  |  

iCover Direct, a consumer-facing life insurance platform powered by a proprietary AI underwriting engine, released results of a survey showing that 65.3% of consumers say AI-driven personalization would “greatly” or “moderately” increase their interest in purchasing life insurance, while 65.1% said they are “extremely” or… Read More

July 24, 2025 @ 10:09 am By Omar Faridi  |  

The insurance industry faces significant challenges in managing systemic cyber risks. CyberCube, a firm specializing in cyber risk analytics, and Munich Re, a global reinsurance company, have made strides in addressing these challenges through a joint study on systemic cyber risks and the release of… Read More

July 17, 2025 @ 8:49 am By Omar Faridi  |  

CyberCube, a cyber risk modeling and analytics business, has released the latest version of Portfolio Manager, its catastrophe model that empowers portfolio-level insights. CyberCube’s advanced analytics are said to be used by 75% of the top 40 US and European cyber insurance carriers. For this… Read More

July 8, 2025 @ 2:11 pm By Omar Faridi  |  

As Lemonade, Inc. (NYSE: LMND) marks its tenth year of operations, the Insurtech, boosted by artificial intelligence (AI) and a commitment to social impact, reflects on its journey from a startup to a publicly traded leader in the insurtech space. Additionally, the company has announced… Read More

July 6, 2025 @ 1:47 am By Omar Faridi  |  

In a recent update shared by Insurtech Akur8, Davide Burlon, the company’s Chief Product Officer, shared key insights on the evolving landscape of insurance pricing and reserving. As an executive at Akur8, an insurtech platform enhancing actuarial processes through transparent AI and machine learning, Burlon’s… Read More

June 30, 2025 @ 8:34 pm By Michael Wong  |  

Wealthtech is reshaping Singapore’s wealth management sector as both startups and incumbent financial institutions ramp up digital transformation to meet rising investor demand for accessible, affordable, and personalized investment services, according to a new report by Quinlan and Associates and Allfunds Asia. The report shows… Read More

June 27, 2025 @ 8:40 am By Omar Faridi  |  

Cowbell, a provider of cyber insurance for small to medium-sized enterprises (SMEs) and middle-market businesses, announced a major expansion of its product portfolio to include a comprehensive multi-line insurance offering from Zurich North America (Zurich) within the United States. Building on its established success in… Read More

June 24, 2025 @ 11:29 am By Omar Faridi  |  

Akur8, the insurance pricing and reserving solution powered by transparent machine learning, is pleased to announce the appointment of Dino Draghi as Head of Brazil, doubling down on its strategic commitment to the country. Based in São Paulo, Dino will lead Akur8’s local operations, “with… Read More

June 22, 2025 @ 5:15 pm By Omar Faridi  |  

A new global study from Ortec Finance among insurance investment managers shows an increased appetite for private assets on the back of an expected rise in capital to invest in the year ahead. More than three quarters of insurers and insurance asset managers say an… Read More

June 21, 2025 @ 11:11 am By Omar Faridi  |  

Akur8, the insurance pricing and reserving solution powered by transparent machine learning, is announcing that Indiana Farm Bureau Insurance, a provider of property and casualty insurance in Indiana, has chosen Akur8’s Core Platform to accelerate “model development and build transparent, explainable pricing models.” Developed for… Read More