2+ hour, 44+ min ago  (446+ words) A staggering 93% of UK properties are insured for the wrong amount, signalling a major flaw in how insurers assess and price risk, according to new research from Intelligent AI. The finding underscores a growing "Risk Intelligence Gap" across the market,…...

1+ week, 19+ hour ago  (307+ words) Zesty AI, an AI-driven property risk intelligence company, has revealed that the Natural Resources Defense Council (NRDC), one of the United States" foremost environmental advocacy groups, is leveraging its ZORRO Discover" product to advance climate-focused research and public policy initiatives....

3+ week, 1+ day ago  (473+ words) Kin, a digital home insurance provider, has expanded into Oklahoma, offering homeowners a new option for personalised coverage designed for the state's severe weather risks. The move marks Kin's entry into a market where a small number of insurers dominate…...

1+ mon, 2+ week ago  (345+ words) UK home insurers are expected to post a Net Combined Ratio of 103% in 2026, returning to loss-making territory as rising costs and competitive pressures weigh on profitability. According to analysis by EY, the forecast means insurers will pay out "1. 03 in claims…...

6+ mon, 1+ week ago  (332+ words) Gadget insurance in the UK has hit a record high, with policies rising from 7. 87m in 2023 to 8. 46m in 2024, as the prices of smartphones, tablets and wearable surge. According to research from independent insurance consultancy Broadstone, the sector has seen an annual…...

2+ mon, 1+ week ago  (226+ words) Southern Oak Insurance Company and Lilypad-Centauri Insurance, two insurers operating in catastrophe-prone coastal markets, have expanded their use of Zesty AI, an AI-powered risk and decision intelligence platform for the insurance industry. Southern Oak has announced the expansion of its…...