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.
Line of Business
Property & Casualty
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…
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…
Intact Financial Explores Hiscox Acquisition in a Cross-Border UK Specialty Play
Intact Financial's exploratory bid for Hiscox sent the FTSE 100 specialty insurer's shares up 15.3% on May 15, as Canada's leading P&C platform eyes…
Beazley Flags AI-Driven Supply Chain Attacks as Next Frontier for Cyber Underwriting
Beazley cyber insurance warned in May 2026 that AI-powered supply chain attacks create correlated portfolio losses, forcing underwriters to rebuild coverage models and introduce…
Aviva Q1 2026: General Insurance Premiums Surge 19% to £3.4bn as AI Reshapes Reinsurance Sourcing
Aviva Q1 2026 general insurance premiums rose 19% to £3.4bn on Direct Line integration. The insurer's AI-driven reinsurance sourcing signals how data-rich cedants are…
EIOPA’s Two-Step AI Mandate Sets August 2026 Deadline as EU Insurers Face €35M Penalties
EIOPA AI governance opinion mandates two-step impact assessments for EU insurers by August 2026, with €35M penalties for non-compliance with the EU AI Act.
Florida Citizens Prices $600M Everglades Re II Cat Bond at Bottom of Guidance as ILS Demand Surges
Florida Citizens cat bond Everglades Re II closes at $600M, upsized by one-third on surging ILS investor demand and bottom-of-guidance pricing.