Thailand OIC Makes Named-Driver Motor Policies and E-Claims Mandatory in 2026
Thailand OIC motor insurance mandate from Jan 2026 requires named-driver policies and e-Custodian filing with behavior-linked premiums up to 40% discount.
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AI-Labeled Insurtechs Claim Record 95% of $1.63B Global Q1 2026 Funding
AI insurtech funding Q1 2026: 95.2% of $1.63B went to AI platforms across 68 deals, with AI liability insurance emerging as a $444M standalone…
Iran Launches Bitcoin-Backed Maritime Cover to Bypass Western Sanctions in Hormuz
Iran maritime insurance platform Hormuz Safe offers bitcoin-settled tanker coverage in Hormuz, bypassing SWIFT and OFAC after war-risk premiums spiked 40x.
Sixfold’s AI Underwriting Platform Reaches Microsoft Azure Marketplace
Sixfold on Azure Marketplace turns cloud procurement into a shortcut for mid-market carriers, compressing AI underwriting deployment from months to weeks.
TD Insurance Deploys Canada’s First Big Five AI Chatbot for Policy and Claims
TD Insurance launched TDI Virtual Assistant on May 1, 2026 — Canada's first Big Five generative AI chatbot for home, auto, and small business…
Japan Adds iPS Parkinson’s Therapy to Public Insurance at ¥55.3M Per Patient
Japan's iPS Parkinson's therapy enters public insurance at ¥55.3M per patient, forcing global insurers to rethink experimental exclusion clauses.
Munich Re Books €106M in Iran War Provisions as Hannover Re Reports Zero Exposure
Munich Re's €90M Iran war provisions vs Hannover Re's zero reserve reveals how specialty book concentration amplifies geopolitical tail risk in Q1 2026.
Corgi Insurance Hits $1.3B Valuation in 4 Months, Betting AI Can Compress Insurance Underwriting
Corgi Insurance's $160M Series B at $1.3B valuation — 4 months after Series A — is backed by $40M ARR from a licensed AI-native…
AXA XL’s New Prevention Unit Makes Risk Mitigation a Standalone P&L Center
AXA XL created a dedicated Prevention Services unit on May 13, 2026 — its fifth P&L center — appointing former Global CUO Libby Benet…
Egypt’s FRA Decision 70 Sets New Governance Floor for Takaful Across North Africa
Egypt's FRA issued Decision No. 70 in May 2026, introducing three takaful operating models and mandatory Sharia boards — a governance overhaul for a…