GALLAGHER RE PUBLISHES INSURTECH REPORT : INCREASED FUNDING

The Gallagher Re Global Insurtech Report for Q2 2024 highlights a resurgence in insurtech investment , with global funding reaching US $ 1.2bn , the highest since Q1 2023 . This increase is driven by early-stage investments , which rose to US $ 377.60m . The report emphasises the role of AI in transforming core insurance functions , particularly in underwriting and risk management .

AXA XL PARTNERS WITH US MARINE INSURANCE GROUP

AXA XL has partnered with the US Marine Insurance Group ( US MIG ) to expand its Inland Marine insurance services . This collaboration will improve AXA XL ’ s reach and capabilities in the supply chain and transportation sectors by leveraging US MIG ’ s expertise in delegated underwriting arrangements .

JETTY ANNOUNCES PARTNERSHIP WITH FORTEGRA AND ALLIANZ

Jetty has partnered with Fortegra and Allianz to provide reinsurance for Jetty ’ s core products , enhancing its financial strength and expanding its offerings . This collaboration supports Jetty ’ s mission to make renting more affordable and efficient .

14 September 2024