Specialty insurer Convex Group is planning to launch Kinetic Insurance Services, a wholly owned managing general agency that will start trading in Q4 2026. The MGA, which it described as “technology-enabled”, has received Financial Conduct Authority regulatory approval and will be led by Theo Butt, pictured, former CEO of Convex
Credit technology provider Abound has launched a new premium finance solution which it claims will “revolutionise” the sector by replacing “slow and outdated direct debit system with instant, automated payments”. Called Defray, Abound believes the premium finance platform is perfectly timed given the FCA’s market study highlighted “the need for
Aviva is the first insurer to join Acturis’ artificial intelligence and data-driven placement strategy tool Unify. This February, Insurance Age revealed the rollout of the software house’s offering that delivers granular insights and appetite matching for brokers and insurers. The technology experts said at the time that the move, after
Broking giant Aon has launched a proprietary, patent-pending platform that uses artificial intelligence, large-language models and predictive analytics to transform the commercial insurance placement process. Developed in-house and co-designed with the firm’s frontline staff, Aon Broker Copilot aims to “streamline complex workflows, elevate placement strategy and deliver better outcomes for
