Insurers are being forced to rethink their pricing strategies as access to vast data volumes and advances in computing power reshape underwriting economics. According to Dani Katz, Founding Director at Optalitix, firms that can effectively harness and analyse data at scale are gaining a decisive competitive advantage.
Insurers are facing growing pressure on underwriting performance as climate risks intensify, claims costs rise and competitive markets tighten margins. According to Ben Dulieu, CIO and CISO at Duck Creek, modern cloud-based platforms and data-driven underwriting are emerging as critical tools for insurers seeking to protect profitability while adapting to a rapidly evolving risk landscape.
Allianz SE has unveiled a series of leadership changes within its Board of Management as part of long-term succession planning, with several appointments scheduled to take effect on January 1, 2027.
Willis, a business of WTW (NASDAQ: WTW), has announced a strategic partnership with Qover to expand its GB Affinity technology ecosystem and accelerate the development of embedded insurance solutions.
Vienna Insurance Group (VIG) reported record full-year 2025 results on March 12, 2026, with profit before taxes exceeding €1 billion for the first time. Gross written premiums rose 7.1% to €16.3 billion, while insurance service revenue grew 8.7% to €13.2 billion.
Acuity Insurance has announced a planned leadership transition, naming Melissa Winter as its new President and CEO, following the retirement of longtime chief executive Ben Salzmann. Winter, who joined Acuity in 1998 and has served as president since 2023, takes over the reins as Salzmann steps down, though he will remain a member of the company’s board of directors.
Socotra has made its AI underwriting assistant, Socotra Assistant, generally available to all customers, marking the first insurance core system to offer production-ready AI across all products and geographies.
BirdsEyeView, the European Space Agency-backed insurtech specialising in natural catastrophe modelling and exposure management, today announced the launch of AI Data Scrubbing, a new capability designed to automate the cleaning and geolocation of Statement of Values (SOV) data for large-scale hazard modelling.
CoverGo has announced the launch of a suite of AI agents built specifically for insurance, marking a significant step toward fully AI-driven operations across health, life, and property & casualty lines.
The partnership gives eligible policyholders access to Upfort Shield, a multi-layered, AI-powered cyber defense platform. The platform includes automated protection against common cyberattacks and an easy-to-deploy endpoint detection and response solution that uses behavioral analytics to reduce the risk of breaches. Service availability and pricing may vary by client.
Hiscox Re & ILS has rebranded as Hiscox Re and unveiled Hiscox Capital Partners, a new platform designed to consolidate and expand the group’s third-party capital activities.
Pinion Insurance has officially launched as a specialty insurance carrier with a preferred equity commitment of up to $180 million from global asset manager Barings.
French health insurtech Alan has reached a valuation of €5 billion (approximately $5.83 billion) following a new €100 million ($116 million) funding round, reinforcing its position as one of Europe’s most valuable insurance startups.
Insurance technology firm ManageMy has secured $45 million in new funding, including $20 million from a Series B round, as it looks to accelerate international expansion and deepen its investment in AI-driven capabilities.
Howden Group, the global (re)insurance intermediary, has successfully raised approximately US$703 million in gross proceeds following the issuance of an add-on to its existing senior notes, strengthening funding capacity to support future growth initiatives.
Waymo, the Alphabet-owned autonomous vehicle company, has raised $16 billion in a new investment round that values the business at $126 billion post-money, underscoring strong investor confidence in the commercial scaling of autonomous driving technology.
Sixfold, the AI-driven insurtech platform trusted by global insurers, has raised US$30 million in a Series B funding round. The round was led by Brewer Lane, with strategic investments from Guidewire, and continued participation from existing investors including Bessemer Venture Partners and Salesforce Ventures.
Pace, an agentic AI startup focused on automating insurance operations, has raised $10 million in Series A funding led by Sequoia Capital, highlighting growing investor interest in applying artificial intelligence to the insurance industry’s complex operational workflows.
Allianz SE has unveiled a series of leadership changes within its Board of Management as part of long-term succession planning, with several appointments scheduled to take effect on January 1, 2027.
AXA XL, the property, casualty, and specialty risk division of AXA, has named Leyla Delic as Chief Technology and AI Officer, based in London.
Global insurance broker Marsh McLennan has announced senior leadership changes at Marsh, appointing Nick Studer as president and CEO of Marsh Risk and naming Martin South as the firm’s new chief client officer. The changes take effect April 1.
Pension Insurance Corporation (PIC), a specialist insurer of defined benefit pension schemes, has appointed Michael Eakins as its incoming Chief Executive Officer, subject to regulatory approval.
Reinsurance Group of America, Incorporated (RGA) has appointed Logan Blake as President of Bermuda Operations, reinforcing the global life and health reinsurer’s leadership team as it continues to expand its presence in the key reinsurance hub.
QBE, the global business insurer, has named Stephanie Cryer as Chief Underwriting Officer (CUO) for its International division, effective 1 April 2026, subject to regulatory approval.
London-based managing general agent (MGA) Volt Underwriting has partnered with insurtech firm Novee to deploy an artificial intelligence platform aimed at enhancing underwriting capabilities across its power and renewable energy portfolio.
CRC Group has completed the acquisition of Euclid Transactional from private investment firm Searchlight Capital Partners, expanding its capabilities in financial and professional lines underwriting. Financial terms of the transaction were not disclosed.
Global insurer Zurich has reached a definitive agreement to acquire London-based specialty insurer Beazley in an £8.1 billion (USD 10.8 billion) all-cash deal, creating a combined global leader in specialty insurance with pro forma gross written premiums of around USD 15 billion.
SOMPO Holdings has successfully completed its acquisition of Aspen Insurance Holdings Limited, acquiring 100% of Aspen’s Class A ordinary shares. The deal follows the initial $3.5 billion agreement announced in August 2025.
Zurich Financial Services Australia has agreed to acquire ClearView Wealth Limited via a scheme of arrangement, in a transaction valuing ClearView’s equity at approximately AUD 415 million.
CUBE has announced the acquisition of Silicon Valley based RegTech firm 4CRisk.ai, enhancing its suite of AI-powered compliance and risk automation solutions. Financial terms of the deal were not disclosed.
Allianz SE has unveiled a series of leadership changes within its Board of Management as part of long-term succession planning, with several appointments scheduled to take effect on January 1, 2027.
Acuity Insurance has announced a planned leadership transition, naming Melissa Winter as its new President and CEO, following the retirement of longtime chief executive Ben Salzmann. Winter, who joined Acuity in 1998 and has served as president since 2023, takes over the reins as Salzmann steps down, though he will remain a member of the company’s board of directors.
Prudential Financial has appointed CEO Andrew Sullivan as chairman of the board, consolidating leadership at one of the United States’ largest insurers.
AXA XL, the property, casualty, and specialty risk division of AXA, has named Leyla Delic as Chief Technology and AI Officer, based in London.
Global insurance broker Marsh McLennan has announced senior leadership changes at Marsh, appointing Nick Studer as president and CEO of Marsh Risk and naming Martin South as the firm’s new chief client officer. The changes take effect April 1.
Reinsurance Group of America, Incorporated (RGA) has appointed Logan Blake as President of Bermuda Operations, reinforcing the global life and health reinsurer’s leadership team as it continues to expand its presence in the key reinsurance hub.
Marsh Risk has significantly expanded capacity for Nimbus, its large-scale data centre construction insurance facility, increasing available limits to $2.7 billion for major projects across Europe, North America, and Australia.
Aon has announced a $1 billion expansion of its Data Center Lifecycle Insurance Program (DCLP), increasing total available capacity to $2.5 billion as investment in artificial intelligence, cloud computing and digital infrastructure continues to accelerate.
Aging IT infrastructure is a critical threat to the global insurance industry. It’s a famously hard
problem to solve, and many have failed in the process.
Neutrinos, a leading provider of AI-powered intelligent automation solutions for the insurance industry, has announced a significant partnership with a global Fortune 500 life insurance company.
Kennedys IQ SmartRisk combining generative AI with insight-led structured decision making and regulatory compliance
Yokahu, a leading innovator in parametric insurance, has unveiled cat-risk.com, the first independent, many-to-many parametric exchange designed to revolutionize disaster risk finance within the London re/insurance market.
Boston-based LightSpun, formerly known as 32Health, has secured $13 million in Series A funding to expand its AI-powered dental insurance administration platform.
Applied Systems has acquired Cytora, a leading digital risk processing platform, in a strategic move to expand its AI capabilities and accelerate its vision for the “Digital Roundtrip of Insurance.”
Pathwork, an AI-native distribution platform for life and health insurance, has raised $3.5 million in seed funding to accelerate adoption among brokers and carriers nationwide.
Underwriting AI company Sixfold has launched a major upgrade to its Life & Health (L&H) product with the introduction of Condition-Based Insights and Core Clinical Data, designed to help insurers assess applicants’ medical information with greater speed, accuracy, and consistency.
Insurance technology provider OneShield has unveiled the OneShield AI Hub, described as the industry’s first centralized environment for the secure development, deployment, and governance of artificial intelligence solutions tailored to the insurance ecosystem.
M47 AI COMPANY has launched a new artificial intelligence system, CLAIMS47, aimed at modernising claims handling in the insurance industry.
Floodbase, a leading provider of flood data and analytics, has secured a $5 million investment led by Ecosystem Integrity Fund, with additional participation from Pulse Fund.
The UK and US collective decision not to sign a global AI declaration, underscores a growing division over international regulation and raises concerns about the emerging risks of unregulated AI, say insurance business leaders. Insurtech Insights gets the lowdown from Mark Kirby, Professional Services Director at Intersys Ltd. and Risto Rossar, Founder and CEO of Insly.
The US InsurTech sector faced a challenging year in 2024, with total funding dropping by 33% year-over-year to $2.8 billion, reflecting a significant downturn from $4.1 billion in 2023 and $6.3 billion in 2020.
As we step into 2025, the insurance industry is poised for significant transformation. Leaders from across the globe have shared their insights on the key trends shaping the future of insurance. From the rise of digital innovation to the evolving risk landscape, these predictions offer a glimpse into what the year ahead holds.
Accelerant Holdings has announced the public release of its advanced digital platform, app.accelerant.ai, aimed at enhancing underwriting and risk management capabilities for insurers and risk capital partners.
Simon Torrance, Founder and CEO of AI Risk, describes what he sees as the most advanced deployment of ‘Agentic AI’ anywhere in the insurance industry today, setting it in the context of other forms of AI-enabled augmentation and automation, and proposing a holistic approach to AI strategy that will help companies succeed in the Age of AI.
