INSURANCE INDUSTRY NEWS

Acrisure Unveils New AI O/S In Insurance
Acrisure is pleased to introduce its applied AI platform designed to connect data, workflows, and AI-assisted decision-making across its portfolio of services. Auris AI brings together client, carrier, contract, and operational intelligence into a common operating framework and AI engine that is intended to help insurance professionals identify opportunities, coordinate work, and serve clients more effectively. Read more.

MGA Leverages Equisoft's Integrated Platform
Financial Horizons is pleased to announce a strategic partnership with Equisoft for a centralized, fully integrated platform to enhance the capabilities of its independent advisor network. Financial Horizons is the first major Canadian MGA to partner with Equisoft to harness the platform's full capabilities to bring insurance and segregated funds operations together on a single system. Read more.

Gartner Predicts Surge In AI Inference Costs
As AI products evolve from assistive features to multi-step execution, product leaders face a new margin challenge with falling model prices subsidizing more complex workflows and escalating total AI costs. AI inference costs per agentic workflow will increase more than fivefold through 2028 according to Gartner. Consequently, inference cost management has become a top priority for product leaders. Read more.

Experian Launches AI Decisioning Platform
As lenders increasingly seek more personalized ways to evaluate consumers and expand access to credit, Experian® has rolled out Experian Activate™, an AI-enabled decisioning engine powering the Experian Marketplace, a leading consumer comparison-shopping platform for credit cards, personal loans and auto insurance. Read more.

Growing Protection Needs As Risks Become More Complex And Interconnected: Swiss Re
The reinsurance market enters renewal season against the backdrop of an increasingly interconnected and rapidly changing risk landscape. Clients need more than reinsurance capacity – they need risk expertise, data and solutions that help them navigate an increasingly complex environment. Read more.

Business Leaders Report Climate-Related Losses But Lack Data To Inform Business Strategy
More than nine in 10 senior business leaders say climate-related disruption has caused financial losses for their company over the past two years, but nearly four in five believe their sustainability data is insufficient to accurately inform wider business strategy. Meanwhile, AI is emerging as a powerful enabler, helping companies make sustainability data more reliable, actionable, and strategically valuable. Read more.

Smarter Regulation: Unlocking Canada's Growth Potential
Deloitte Canada is pleased to announce the release of a new report series examining how regulatory modernization can help address Canada's persistent productivity and competitiveness challenges. At a time when businesses are navigating economic uncertainty, global trade changes and slowing investment, the research finds that increasingly complex and fragmented regulatory requirements are limiting Canada's ability to drive economic growth, foster innovation, and deliver on national priorities. Read more.

Commercial Lines Insurance Pricing Survey Q2 2026
U.S. commercial insurance prices grew again in the second quarter of 2026, with an aggregate price increase of 0.5%, according to WTW's latest CLIPS survey. Read more.

Agero, MOTER Partner To Advance Connected Vehicle Claims, Digital Driver Assistance
Agero, through its Urgently acquisition, is pleased to announce a partnership with MOTER Technologies, an insurtech company that transforms connected vehicle data into real-time risk and claims insights. Together, the companies will deliver an integrated solution that connects roadside assistance, accident support, claims intelligence, and driver engagement to help insurers and automakers respond more proactively to vehicle incidents. Read more.

Nara Health Raises Funds To Reinvent US Health Insurance With AI
Nara Health, the AI-native Third Party Administration platform, is pleased to announce a pre-seed and seed funding round to reinvent health insurance by deploying AI to build personalized health plans that get people to the right care at an optimal price, without friction. Read more.

Trade War Puts Small Businesses At Risk: CFIB
New estimates from the Canadian Federation of Independent Business find that 53,112 businesses are directly impacted by U.S. tariffs, Canadian counter-tariffs, or both. Read more.

In the InsurTech Spotlight this week:

Exavalu
Exavalu is a specialized, digital transformation advisor and solutions partner for insurance organizations – insurance brokers, insurance companies, and managing general agents. As a trusted advisor, we combine our deep industry knowledge and technology expertise to help our clients define and achieve their digital strategy goals. Learn more.

Calling all InsurTechs! Click here to participate.

Featured job opportunities:

Insurance Broker
Nacora Insurance Brokers
Manotick, ON

Director of Revenue Growth & Partnerships
Entente Education Canada
Toronto, ON

From Doug Sustainable Competitive Advantage From Better Reasoning In looking for an example of good reasoning from bygone days which could lead eventually to the potential sustainable competitive advantage that agentic systems might offer, I thought of Progressive Insurance. Matteo Carbone cites Progressive as an example of a company which sustainably leverages telematics data. This reference, though, initially predates telematics data, going back to earlier in the '90s when Progressive's call centre began noting the rates of three competitors during the quoting process. This highlighted Progressive's transparency, which increased the trust level – a factor which is back in vogue again today. Naturally, if Progressive had the lower price, or if the differential was small, the customer might well just accept the quote rather than repeating the process elsewhere. But either way, some customer information was retained, potentially of use in the future. And being first to offer competitive quotes was in itself a marketing advantage. In those days of relatively simple analytics and long before any AI, the significant decisions were of a tactical nature: • Take advantage of available third-party data – rate filings; • Address transparency and increase trust – include competitive quotes; • Retain and leverage all data – including non-accepted quotes. How did this base evolve? What are the implications for tomorrow, and for agentic systems? Doug Grant, CIP Partner Insurance-Canada.ca