Technology

Floodbase unveils rapid flood response data service in US 

Insurtech company Floodbase has introduced a rapid flood response data solution for the continental US market.   The new offering is…

Ascot US deploys Phinsys solution to automate finance operations 

Ascot US, a subsidiary of Ascot Group, has partnered with Phinsys, a finance automation software provider for the reinsurance sector,…

Duck Creek offers SaaS insurance solution for India’s HDFC ERGO 

Property and casualty (P&C) and general insurance technology provider Duck Creek Technologies has developed a new SaaS solution for HDFC…

The Law Society, Gallagher partner on cyber cover for legal sector 

Insurance broking and risk management services provider Gallagher has teamed up with the Law Society of England and Wales to…

LB Forsikring adopts Akur8’s pricing solution  

LB Forsikring, a Danish insurer, has partnered with Akur8 to enhance its pricing capabilities and competitiveness in the property and…

Schroders Capital, Hannover Re tie up on tokenised ILS pilot  

Schroders Capital, the private markets division of Schroders Group, has partnered with Hannover Re to conduct a tokenised ILS pilot…

Munich Re, CGI unite to bolster insurers’ climate risk management 

Munich Re's Risk Management Partners and CGI have struck a partnership to enhance insurers' abilities to manage climate-related risks.   This…

AnaCap in exclusive talks to buy insurance software company Cleva 

Private equity investor AnaCap has initiated exclusive discussions to acquire Cleva, an insurance software company, from Inetum Group.  The financial…

There is demand for insurance policies covering dysfunctional AI output

A GlobalData poll has revealed interest in insurance policies that cover the liabilities arising from dysfunctional AI outputs. Meanwhile, Orbital…

Supercede raises $15m in Series A round for reinsurance technology 

Reinsurance technology company Supercede has secured $15m (£11.87m) in a Series A funding round led by venture capital firm Alven. …

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