Reinsurance News
Google Cloud
Google Cloud expands Risk Protection Program across EMEA
19th May 2025
Google Cloud has expanded its Risk Protection Program (RPP) to more than 30 markets across EMEA and has added new cyber insurance partners, Beazley and Chubb, alongside founding partner Munich Re. Google Cloud's RPP is said to blend cloud security insights with insurance industry expertise to offer Google Cloud customers customised, ... Read the full article
Cytora expands reach with availability on Google Cloud Marketplace
14th March 2025
Cytora, an AI-powered platform for risk digitisation, has announced its availability on Google Cloud Marketplace, expanding its reach to insurers, MGAs, reinsurers, and brokers. This move allows these organisations to automate risk processing, enhance capacity, decouple premium growth from cost increases, and gain better control over risk submission data. Google Cloud Marketplace ... Read the full article
Loadsure partners with Google Cloud to launch AI-powered claims verification system
7th November 2024
Loadsure, an insurtech managing general agent (MGA), has partnered with Google Cloud to develop an AI-powered claims verification system that processes claims more efficiently and accurately. Traditionally, insurance claims processing has been labour-intensive and time-consuming, often requiring manual document verification and data entry, which can cause settlement delays and frustration for ... Read the full article
Hiscox launches Google Cloud-backed GenAI underwriting model
12th August 2024
Global specialist insurer Hiscox has gone live with its Google Cloud-backed generative artificial intelligence (AI) underwriting model for sabotage and terrorism insurance quotes. Considered the London insurance market’s first underwriting model of its kind, the model was developed as a proof of concept in December 2023 in collaboration with Google ... Read the full article
Hiscox & Google Cloud create first AI-enhanced lead underwriting model for the London Market
12th December 2023
Specialist global insurer Hiscox has collaborated with Google Cloud to create the first AI-enhanced lead underwriting model in the London Market insurance industry. According to the announcement, the collaboration combines Hiscox London Market’s recently built technology platform - Hiscox AI Laboratories (Hailo), with Google Cloud’s generative AI technology to ... Read the full article
INSHUR taps Google for cloud and generative AI
28th June 2023
On-demand insurance platform, INSHUR, has announced it is working with SADA, a leading business and technology consultancy and award-winning Google Cloud partner, to bolster global growth. According to the announcement, this joint effort will help enhance INSHUR’s Google Cloud strategy, enabling the business to bring new products to market more quickly, ... Read the full article
CAPE Analytics partners with Google Cloud
23rd March 2023
CAPE Analytics, a leader in AI-powered geospatial property intelligence, has partnered with Google Cloud to develop predictive analytics that enhance risk management for insurance carriers and property valuation solutions for the real estate and mortgage industries. CAPE states that by leveraging Google Cloud’s secure cloud infrastructure and machine learning technology, it ... Read the full article
Google and Travelers’ team up on ‘connected data ecosystem’
22nd September 2022
Google Cloud and Travelers' are to work together on a ‘connected data ecosystem’ that the two say will enhance the commercial insurance underwriting process. The partnership between the firms will, they said in a statement, will quickly synthesise vast amounts of information, helping Travelers' underwriters more efficiently evaluate risks for large-and-middle-market ... Read the full article
CoreLogic announces alliance with Google Cloud amidst product launch
23rd August 2022
CoreLogic has announced an extended relationship with Google Cloud to support the launch of its new CoreLogic Discovery Platform. Built on Google Cloud’s infrastructure, Discovery Platform provides a comprehensive property analytics environment and cloud-based data exchange for businesses across multiple sectors. CoreLogic launched Discovery Platform in June earlier this year, stating ... Read the full article
Google a potential threat to incumbent insurers, says GlobalData
26th April 2022
A survey conducted by GlobalData suggests that Google poses the greatest threat to insurers in the UK were it to offer end-to-end household insurance products. It's been touted for some time now that the likes of Google and Amazon, both of which have substantial brand recognition, enhanced digital capabilities and speedy ... Read the full article
Munich Re, AGCS & Google Cloud partner on cyber insurance solution
2nd March 2021
Munich Re, Allianz Global Corporate and Specialty (AGCS) and Google Cloud have announced a collaboration designed to provide customers with increased cloud security and potentially bring down costs. The Risk Protection Program builds on Google Cloud's engineered-in security toolset and consists of two parts. First, a diagnostic tool called Risk Manager enables ... Read the full article
Blackstone & Fairfax back Ki in $500m capital raise
17th September 2020
Ki, the fully digital and algorithmically-driven Lloyd’s of London syndicate, has raised USD 500 million of committed capital from two backers, funds managed by Blackstone Tactical Opportunities and Fairfax Financial Holdings Limited. The creation of Ki was revealed in May 2020 and the capital commitment is expected to fund the ... Read the full article
Brit & Google Cloud launch first algorithmically driven Lloyd’s Syndicate, Ki
13th May 2020
Specialty insurer and reinsurer Brit has collaborated with Google Cloud to launch Ki, a fully digital and algorithmically-driven Lloyd's of London syndicate designed to redefine the commercial insurance market as a 'follow-only' syndicate. The new standalone business is expected to launch in 2021, and the pair state that its creation marks ... Read the full article
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