Technology
Blockchain related patent filings increased in the insurance industry in Q2 2024
The global insurance industry experienced a 27% rise in the number of blockchain-related patent applications in Q2 2024 compared with…
Cyber risk tops insurance insider concerns driving product innovation
A GlobalData poll reveals that insurance insiders view cyber risk as the top threat, surpassing natural catastrophes and political risks.…
Applied Systems acquires AI insurtech provider Planck
Applied Systems, a provider of cloud-based insurance technology, has acquired Planck, which offers an AI-driven platform to serve the commercial…
Global tech outage prompts business interruption claims spike
A global tech outage last week could lead to insurers preparing for a potential surge in business interruption claims, reported…
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…
