Reinsurance News
collaboration
Sollers & mea Platform collaborate to help insurers improve underwriting and claims management
8th January 2025
Sollers Consulting and mea Platform have entered into a partnership that will see both companies help insurers improve their digital capabilities within underwriting and claims. The partnership will reportedly have a strong focus on Lloyd's and the London market, which is currently undergoing a transformation towards data-driven business models. From what Reinsurance ... Read the full article
Insurance consultants Lignum Risk Partners contribute to UK’s first commercial timber guidebook
25th November 2024
A collaboration between insurers, property developers, and technical experts has led to the launch of the UK's first Commercial Timber Guidebook, which aims to promote the use of structural timber in office construction. The project is spearheaded by Elliott Wood, Waugh Thistleton Architects and OFR Consultants, working with specialist insurance consultants Lignum ... Read the full article
Go Balance, AMI Specialty, and CFC introduce advanced insurance for natural capital credits
18th November 2024
Go Balance Ltd, a provider of high-quality JREDD+ carbon credits, is proud to reveal a unique insurance feature for its Natural Capital Credits, setting a new benchmark for security and trust within the voluntary carbon market. This feature offers buyers a streamlined, all-in-one solution: NCCs that include comprehensive insurance coverage is ... Read the full article
Cytora & Dataplor collaboration to provide insurers with global location intelligence
7th November 2024
Digital risk processing platform Cytora has entered into a partnership with data intelligence platform Dataplor, which will enable property insurance underwriters to gain access to a wide range of location data via Cytora’s platform. This integration will reportedly enable underwriters to make faster and more accurate risk assessments. It's worth highlighting that Dataplor’s ... Read the full article
INSTANDA integrates life offering with Swiss Re’s underwriting platform, Magnum
19th September 2024
INSTANDA, a no-code, digital platform for insurance carriers and managing general agents, has integrated its Life offering with reinsurance giant, Swiss Re's automated underwriting platform, Magnum, enabling the creation of one ecosystem designed to create an all-in-one (online) customer journey. Through extensive expertise and experience within the Life and Health sector, the ... Read the full article
Aon & Future Climate collaboration to strengthen voluntary carbon market
30th August 2024
Global insurance and reinsurance broking group Aon is collaborating with Future Climate to build a robust marketplace in order to support scaling of the voluntary carbon market (VCM) and project development. From what we understand, this will mean that any buyer will be able to take out an insurance policy to protect ... Read the full article
RAA and NOAA sign agreement to enhance severe weather risk assessment and communication
16th July 2024
The Reinsurance Association of America (RAA), a trade association representing property and casualty reinsurers, and the National Oceanic and Atmospheric Administration (NOAA), an US federal agency focused on the conditions of the oceans, major waterways, and the atmosphere, signed a memorandum of understanding (MOU). This agreement initiates their collaboration to assess ... Read the full article
Allianz Trade and BPL enhance data sharing with API integration via Whitespace
2nd July 2024
Insurer Allianz Trade and credit and political risk insurance broker, BPL, have launched a collaboration to transform the way underwriters and brokers share enquiry data using Application Programming Interface (API) integration through the independent digital trading platform Whitespace, a Verisk business. Christophe White, Global Head, Specialty Credit, Allianz Trade, commented: “I ... Read the full article
inDrive teams up with MIC Global for driver accident and medical coverage
25th June 2024
MIC Global (MIC), a provider of comprehensive embedded micro insurance solutions, is teaming up with inDrive, an international platform specialising in mobility and urban services, as well as local insurers. Their goal is to introduce advanced micro insurance options to inDrive drivers and passengers globally, starting in Latin America. These offerings will ... Read the full article
ZestyAI partners with Duck Creek for property and climate risk analytics
20th June 2024
ZestyAI, a provider of AI-driven climate and property risk analytics solutions, has announced a strategic partnership with Duck Creek Technologies, a provider of core systems for property and casualty (P&C) insurance. This collaboration positions ZestyAI as a Solution partner within Duck Creek’s ecosystem, enabling property and casualty insurers to utilise advanced ... Read the full article
Fusion Specialty and HDI Global Specialty SE expand partnership into the Americas
20th June 2024
Fusion Specialty, a provider of specialty insurance solutions, has announced the expansion of its global collaboration with HDI Global Specialty SE, a specialty insurer, which is now extending into the Americas. This partnership will offer increased capacity for representations and warranties (R&W), tax, and contingent insurance lines. David Rogers, Fusion’s Executive Chairman, ... Read the full article
Global Risk and Resilience Fellowship aims to de-risk investment using insurance
19th June 2024
The Sustainable Markets Initiative (SMI), a collaborative effort focused on promoting sustainability in global markets, along with Howden, an international insurance group, and Resilient Cities Network (R-Cities), the city-led network on urban resilience, has launched the second cohort of the Global Risk and Resilience Fellowship in five cities worldwide. This year's ... Read the full article
HITRUST and Trium Cyber introduce exclusive cyber insurance
17th May 2024
Trium Cyber announces its partnership with HITRUST. This collaboration introduces an exclusive cyber insurance product available solely to HITRUST-certified customers, marking a new benchmark in aligning information risk assurances with insurance underwriting. The insurance product, initially tailored for HITRUST r2 certified entities, aims to tackle the escalating complexities and disparities within ... Read the full article
Gen Re & CME collaborate to fully digitize life insurance onboarding
15th March 2024
Gen Re, the global reinsurance subsidiary of Berkshire Hathaway, and multinational technology organisation, CME, have developed a fully digital underwriting solution for the life insurance industry for the Middle East and North Africa (MENA) and East Mediterranean countries. According to the announcement, the tool conducts a thorough analysis of an applicant’s ... Read the full article
Claim Assist Solutions unveils unified approach to transform claims management in insurance
22nd January 2024
In a strategic move to revolutionise the property and casualty insurance sector, renowned firms, including Allcat Claims Service, Colonial Claims, Lighthouse Claims Service, Parker Loss Consultants, Prestige Claims Service, and QA Claims, have joined forces under the umbrella brand Claim Assist Solutions. This collaboration aims to offer a more cost-effective claims-adjusting ... Read the full article
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