Themes Archives - Life Insurance International

UK cyber insurance adoption is low yet cyberattacks are escalating

GlobalDataFinancialServices — Fri, 21 Nov 2025 12:02:43 +0000

Many UK businesses do not hold cyber insurance, facing potentially catastrophic consequences from a cyberattack.

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Pibit AI raises $7m to develop AI-driven underwriting platform

vidhyamunnangi — Fri, 21 Nov 2025 09:34:50 +0000

Stellaris Venture Partners led the round, with Y Combinator and Arali Ventures also participating.

The post Pibit AI raises $7m to develop AI-driven underwriting platform appeared first on Life Insurance International.

Cyber insurance will see the highest demand due to political tensions

GlobalDataFinancialServices — Mon, 27 Oct 2025 14:15:19 +0000

Cyber risks linked to global tensions are pushing cyber insurance to the top of industry demand.

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Insurer SIGNAL IDUNA deploys Gemini Enterprise to workforce

vidhyamunnangi — Mon, 13 Oct 2025 08:41:19 +0000

The deployment is aimed at enhancing the development of decentralised AI agents to improve job-specific efficiencies.

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Brokers risk falling behind as AI disruption accelerates

GlobalDataFinancialServices — Wed, 20 Aug 2025 15:42:16 +0000

GlobalData’s 2025 UK SME Insurance Survey has found that 64.5% of SMEs are somewhat comfortable with AI assessing their insurance needs.

The post Brokers risk falling behind as AI disruption accelerates appeared first on Life Insurance International.

Cyber insurance has the strongest growth potential despite the protection gap

GlobalDataFinancialServices — Fri, 15 Aug 2025 12:21:55 +0000

According to GlobalData’s 2025 UK Commercial Insurance Broker Survey, over half of brokers (53.6%) believe cyber insurance has the potential to record the strongest growth among new or emerging commercial insurance products.

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Allianz Life US data breach will be damaging to life and health insurance sector

GlobalDataFinancialServices — Tue, 12 Aug 2025 14:28:03 +0000

The breach was one of the largest reported cyberattack in insurance, as Allianz Life has around 1.4 million customers in the US.

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DynaRisk secures funding to advance cyber insurance solutions

Satarupa Bhowmik — Tue, 29 Jul 2025 09:42:26 +0000

The company intends to use the funding to expand its operations across EMEA, North America and Asia-Pacific.

The post DynaRisk secures funding to advance cyber insurance solutions appeared first on Life Insurance International.

Insurtech company Sure ushers new era in insurance technology

vidhyamunnangi — Wed, 11 Jun 2025 09:48:16 +0000

The company’s MCP solution represents the missing link between AI capability and insurance infrastructure.

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Blackpoint Cyber, UKON join hands to improve cyber risk management 

vidhyamunnangi — Mon, 09 Jun 2025 08:11:37 +0000

The tie-up aims to help MSPs evaluate cyber risk, access insurance coverage and enhance security outcomes for their clients.

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