Yokahu, a leading innovator in parametric insurance, today announced the launch of cat-risk.com, the first independent, many-to-many parametric exchange for the London re/insurance market. cat-risk.com seamlessly connects brokers, carriers, and data providers to streamline parametric insurance transactions, significantly reducing friction in the market and ensuring fast, transparent payouts when disasters strike.

Outdated processes are continuing to result in lengthy settlement periods and hinder efficiency across the insurance industry

Samuel Falmagne, CEO of Akur8, and Brune de Linares, Chief Client Officer, discuss how partnerships […]

bolt, the insurtech with the world’s largest technology-enabled insurance exchange, in collaboration with C Spire, a leading wireless and internet provider recognized for delivering customer inspired service and solutions, today announced the launch of C Spire Tech Protection.

Cytora, the AI risk digitization platform, today announced its availability on Google Cloud Marketplace.

Coalition announced the appointment of Maha Virudhagiri as the company’s first Chief Technology Officer

Chubb (NYSE: CB) today announced the creation of a new division within its North America Middle Market organization, combining Chubb's Lower Middle Market and Digital Small Business divisions into a single cohesive unit that will operate as North America Small & Lower Midmarket.

Kita announces its expansion to Australia in addition to existing coverage for buyer/investors

UK paytech platform Blink Payment today announces its technology will be integrated into insurance software provider ParaCode’s customer platform, allowing insurance brokers to streamline and enhance their payments processes.

Smartpay announces the launch of embedded insurance products in the Japanese market, following one year of partnership with Chubb Insurance Japan

Sapiens International Corporation (NASDAQ: SPNS) (TASE: SPNS), a leading global provider of software solutions for the insurance industry, announced that Pioneer Insurance and Surety Corporation, the leading insurance provider in the Philippines, has chosen Sapiens Insurance Platform to drive digital transformation and enhance customer experience.

The collaboration marks a significant milestone for Pioneer as it upgrades its operations, scales its capabilities, and embraces digitalization to stay ahead in the insurance industry.  This initiative will improve core processes with advanced technology to better respond to evolving market demands.

"Sapiens' comprehensive platform will enable us to accelerate product development, automate workflows, and enhance customer journeys," said Lorenzo Chan, President and CEO of Pioneer Inc., the holding company of the Pioneer companies. "This partnership underscores our commitment to delivering innovative and relevant insurance solutions to our customers, while significantly improving operational efficiency. The mentorship model provided by Sapiens will also ensure self-sufficiency as we embrace this transformative journey."

"We are proud to partner with Pioneer, a market leading insurer in the Philippines, and to demonstrate our growth in this important region," said Roni Al-Dor, President and CEO of Sapiens. "Our insurance platform will empower Pioneer to meet their ambitious growth goals while delivering superior customer experiences. By automating and digitizing operations, Pioneer is positioning itself as a true innovator in the region's insurance market."

About Pioneer Insurance and Surety Corporation

For 70 years, Pioneer Insurance and Surety Corporation has been dedicated to wholeheartedly serving Filipinos through innovative and relevant insurance solutions. Over the decades, Pioneer has earned a reputation for leadership in the non-life industry, and is consistently ranked annually among the top 3 insurance companies in the Philippines by the Insurance Commission. The company is driven by its core values of integrity, excellence, and malasakit (empathy, high regard), supported by over 1,000 employees across more than 20 branches nationwide.

Kanguro is now transforming renters insurance in Florida with its innovative, technology-driven approach

In 2024, leading insurers in China processed 7.25 million health claims through Ant Insurance, Ant Group's online insurance brokerage platform, marking a 55% year-over-year increase. Total health claim payouts on the platform reached RMB 9.2 billion (USD 1.3 billion). This growth is driven by ongoing innovations in product offerings and user experience, which build trust and meet user needs, while also reflecting the increasing demand for health insurance services.

ZestyAI, the leader in AI-powered climate and property risk analytics, today announced a partnership with the Colorado FAIR Plan to expand insurance access for homeowners facing coverage challenges. The partnership leverages ZestyAI’s AI-driven risk models—Z-FIRE™, Z-HAIL™, and Z-WIND™—to deliver property-specific risk assessments for wildfire, hail, and wind.

WTW has announced the launch of Radar Vision, an AI-driven performance monitoring tool custom-built for insurers