Reinsurance News

Reinsurtech news

Reinsurtech news – Our news on reinsurance technology start-ups and initiatives, covering news on tech adoption within reinsurance, tech start-ups focused on the reinsurance market and other related tech-focused news and analysis.

Swiss Re & Baidu partner on autonomous driving insurance

19th November 2021

Global reinsurance giant Swiss Re and Chinese tech giant Baidu have partnered to advance insurance and risk management for autonomous driving and autonomous vehicles. The companies announced this morning that Swiss Re will work with the technology firm to provide risk management expertise and innovative insurance products for Baidu’s autonomous driving ... Read the full article

Reinsurance tech adoption a mixed bag, but opportunity is huge: Webcast

5th November 2021

As the push for efficiency, digitalisation and innovation continues to gain traction in the global reinsurance industry, leaders and executives from across the risk transfer and technology sectors are optimistic about the future. Yesterday, we hosted a live webcast alongside sister publication Artemis, and in association with ... Read the full article

Reinsurance: The data driven future – Register for this live webcast

18th October 2021

We're holding another live webcast on November 4th and this time the discussion will be focused on the use of technology within the reinsurance sector and the importance of data as a driver of future innovation. The webcast is being held in association with our ... Read the full article

Tremor reports 20% growth in total capital as adoption accelerates

8th June 2021

Programmatic re/insurance risk transfer marketplace, Tremor, has reported that insurance companies leveraging its Panorama™ trading platform have sought over $700 million in capacity from reinsurers in the month of May alone. Tremor announced the enhancement of its original programmatic re/insurance risk transfer marketplace with the launch of Panorama™ in February ... Read the full article

Tencent applying for reinsurance license in China: Report

28th October 2020

Giant Chinese technology conglomerate and fintech company Tencent is applying for a license to operate a reinsurance entity in China, according to reports in local media. It's a natural step for the company which has already expanded successfully into direct to consumer insurance business. Tencent has leveraged its deep connections with customers ... Read the full article

Pick re/insurance software the right way and keep your job

27th April 2020

Choosing the right insurance or reinsurance software platforms and tools can be a challenge in itself, but it's vital to approach this in the right way, Dmitry Mnushkin, President of Treefrog Consulting writes. Part 1 in a 3-part series of articles dealing with how people can help their companies survive during ... Read the full article

How to secure your re/insurance future (with software)

24th February 2020

The insurance and reinsurance sector's tendency to become reliant on large, often unwieldy internal software systems can leave it open to disruption, Dmitry Mnushkin, President of Treefrog Consulting writes. When I first started working in the reinsurance industry in 1999 I was fortunate enough to work with RenRe, one of the ... Read the full article

Tremor reaches $1bn of reinsurance quotes, adds new investors

4th September 2019

Tremor Technologies, the programmatic risk transfer platform, has passed $1 billion of total reinsurance quotes and lines bound of nearly $500 million, and has announced $10 million in financing from new investors. The company has now completed six reinsurance placements, with quotes from more than 70 reinsurers, ILS funds, and Lloyd’s ... Read the full article

Tokio Marine partners with Plug and Play in Singapore

19th August 2019

Tokio Marine Holdings, the largest property and casualty (P&C) insurance group in Japan, has announced a new partnership with Plug and Play’s insurtech program in Singapore. Plug and Play is a Silicon Valley-based innovation platform and venture fund that specialises in the development of early-to-growth stage technology startups. It has had a ... Read the full article

African re/insurer Klapton adopts software from Eurobase

5th July 2019

Eurobase International Group, an international software and service provider to financial institutions, has announced that Klapton has selected its Synergy2 platform to support its operations. Klapton, a re/insurer registered in the Autonomous Island of Anjouan, Union of Comoros, said it identified Synergy2 as the best solution to support its operational efficiency ... Read the full article

Most important wave of consolidation is around the corner: Twelve Capital’s Ramseier

13th May 2019

The next, and arguably the most important wave of insurance and reinsurance industry consolidation is around the corner, according to Urs Ramseier, Twelve Capital, Founding Partner, Chief Executive Officer (CEO) & Chief Investment Officer (CIO). Twelve Capital is a Zurich headquartered insurance and reinsurance linked specialist investment fund, with more than ... Read the full article

IA Capital Group raises $150mn for insurtech-focused venture capital

4th April 2019

IA Capital Group, an insurtech-focused venture capital firm, has announced that it has raised $150 million across three funds, representing its sixth, seventh and eight investment vehicles. The funds include: Inter-Atlantic Stonybrook Insurtech Ventures, a multi-LP fund focused on P&C insurtech Inter-Atlantic; G Fund, a single-LP fund focused on life/annuity/retirement insurtech; ... Read the full article

Technology is Swiss Re’s solution to market challenges: Ojeisekhoba

25th March 2019

Swiss Re views the integration of new technologies as both a critical opportunity for growth and the solution to many of the challenging market conditions that have tested the re/insurance industry in recent years. This is according to Moses Ojeisekhoba, CEO of Reinsurance at Swiss Re, who told Reinsurance News that ... Read the full article

Prima Solutions-Effisoft enhances WebXL reinsurance software

18th February 2019

Prima Solutions-Effisoft Group, an insurtech firm that designs software for insurance and reinsurance professionals, has released an updated version of its WebXL solution, which optimises ceded property-casualty and life reinsurance management. WebXL 4.3 includes several new features to help reinsurers deal with increased natural disaster occurrence, including improved management of the ... Read the full article

SCOR Global Life partners with wearable tech firm on health insights

18th February 2019

SCOR Global Life, a division of the France-headquartered reinsurer, has partnered with wearable technology provider Garmin Health in the Asia Pacific region to improve its underwriting insights and promote better lifestyle choices for consumers. By analysing the health metrics generated by Garmin’s wearable devices, SCOR will be able to enhance its ... Read the full article