We regularly curate the latest news and insights to create the largest platform for knowledge-sharing and development within the world’s insurance industry.
Arthur J. Gallagher & Co. has acquired Bremer Insurance Agencies, Inc., a property and casualty insurance broker based in St. Paul, Minnesota. The financial terms of the transaction were not disclosed.
Prudential Financial, Inc. and LPL Financial LLC announced the expansion of their partnership with a new initiative designed to bring an Insurance Overlay retirement lifetime income strategy to LPL’s managed accounts platform.
Global insurer MetLife has acquired a 20 percent stake in insurtech firm Klimber, marking a strategic partnership aimed at transforming how insurance is accessed and distributed across Latin America.
QBE North America has announced a new program partnership with Assureful to launch Pay-As-You-Sell Commercial General Liability insurance for e-commerce merchants. The usage-based product is tailored for merchants selling on major online marketplaces and provides coverage for bodily injury, property damage and personal injury.
Insify, a Dutch InsurTech platform serving freelancers and small and medium-sized enterprises, has raised €16.3 million in Series B funding to scale its digital insurance services across Europe.
AIA Group Limited has announced the appointment of Ben Ng as Group Chief Risk Officer Designate and member of the Group Executive Committee, effective 1 October 2025.
Aon, the global insurance and reinsurance broking group, has launched Specialist Claims Solutions, a new service designed to help insurers improve profitability and operational efficiency in an increasingly challenging claims environment.
A parametric insurance policy has been activated to deliver 7.9 million dollars in relief to nearly 120,000 people in Syria following one of the country’s worst droughts in fifty years.
Addept Insurance Services has announced the introduction of its first legal expenses insurance offerings, marking the company’s entry into the LEI market.
Onex Corporation has announced that the Onex Partners Opportunities Fund will acquire Integrated Specialty Coverages, a technology-enabled insurance platform specialising in the design, underwriting and distribution of insurance solutions, from global investment firm KKR.
Allianz UK has launched a generative artificial intelligence tool known as BRIAN to simplify the way commercial underwriters access and use guidance materials.
Radian Group, a leading U.S. mortgage insurer, has announced a definitive agreement to acquire Inigo Insurance, a profitable Lloyd’s specialty insurer, in a $1.7 billion all-cash transaction.
Fenris Digital, a provider of predictive data and enrichment solutions for insurers, has announced a strategic partnership with ManageMy, the no-code digital platform for carriers and managing general agents (MGAs).
Bamboo Insurance has partnered with specialty insurer Accredited to expand coverage options for homeowners in California through the launch of Bamboo’s E&S Signature product, a non-admitted homeowners policy.
Berkshire Hathaway Specialty Insurance (BHSI) has launched Group Personal Accident and Business Travel Insurance in the United Kingdom, extending its global accident and health (A&H) portfolio.
Claims technology firm Reserv has raised an additional $16 million in new funding, extending its oversubscribed Series B round to a total of $41 million.
Arrow Risk Management, the London-based managing general agent, has announced a new partnership with hybrid insurer Bridgehaven Specialty UK to establish its Technology Errors and Omissions (Tech E&O) underwriting practice.
Qover, a leading European insurtech, and Swiss insurer Helvetia have announced an expanded collaboration that will take their partnership beyond automotive insurance into multiple product lines and new markets.
Acrisure London Wholesale (ALW), the London-based wholesale division of Acrisure, has announced a strategic broking partnership with Israeli insurance broker Madanes. The collaboration strengthens both firms’ ability to deliver complex and specialised insurance placements while extending their reach in the global reinsurance market.
AXA XL has appointed Donnacha Smyth as Global Chief Underwriting Officer for Casualty, effective 3 November 2025. Currently Head of Casualty for the Americas, he is based in Bermuda and will relocate to Ireland in 2026 to take on his global responsibilities.
Paris-based insurer Seyna has raised €10 million in a funding round led by 115K with participation from White Star Capital and Elaia, bringing its total funding to €57 million.
InsureMO has announced a strategic alliance with Appian to introduce a unified underwriting platform designed for the United States Excess & Surplus (E&S) specialty insurance market.
GreenieRE, a reinsurance firm specializing in risk solutions for the energy sector, has joined forces with United Casualty and Surety Insurance Company to roll out a new Renewable Energy Surety Program.
Lockton, the world’s largest independent insurance broker, has appointed Naji Abboud as Senior Executive Officer of its Dubai International Financial Centre branch.
Allianz X, the digital investment arm of Allianz Group, has made a strategic equity investment in Coterie Insurance, a U.S.-based insurtech focused on small business coverage. Prior to this deal, Coterie had raised nearly $100 million in funding.
Accelerant Holdings, a specialty insurance risk exchange, has announced a new risk capital partnership with AF Specialty, a division of Michigan-based AF Group.
Broadstone, the independent UK consultancy providing advisory services to employers, insurers, pension trustees and lenders, has appointed Cormac Bradley as Senior Actuarial Director within its Insurance, Regulatory and Risk division.
ZestyAI, a property risk analytics company specializing in artificial intelligence, has unveiled a new enhancement to its Severe Convective Storm risk suite that allows insurers to instantly reflect property improvements in risk scores.
Corebridge Financial, Inc. has appointed Marc Costantini as its next Chief Executive Officer, effective December 1, 2025.
Boston-based LightSpun, formerly known as 32Health, has secured $13 million in Series A funding to expand its AI-powered dental insurance administration platform.
Blue Marble, the insurance company backed by a consortium of global insurance organizations committed to closing the protection gap for climate-vulnerable communities, today announced that MAPFRE has joined as its newest owner.
SageSure, the managing general underwriter specializing in catastrophe-exposed markets, today announced that it has entered into a definitive agreement to acquire Gemini Financial Holdings Corporation and its subsidiaries, including Olympus MGA Corp.
Insurtech Optalitix has announced a major expansion of its flagship pricing platform, Optalitix Quote, introducing advanced capabilities designed specifically for the reinsurance market.
Elysian, the AI-native third-party administrator for commercial insurance, today announced the closing of a $6 million seed round led by Portage, with participation from American Family Ventures and TenOneTen Ventures.
Kettle Inc., an AI-enabled insurance and reinsurance provider for commercial property owners in areas impacted by catastrophic climate events, has appointed Chris Kaarre as Senior Vice President of Underwriting.
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.
DUAL, one of the world’s largest managing general agents, has partnered with KYND, a leading provider of cyber risk management solutions, to support its global cyber insurance expansion.
Kin Insurance, a direct-to-consumer digital home insurance provider, has raised $50 million in an oversubscribed Series E round at a $2 billion valuation.
Parento, a New York-based provider of paid parental leave insurance and employee support services, has raised $5.9 million in an oversubscribed Seed II funding round.
The insurance industry has officially launched The Spark, the world’s first Global Prevention Lab, at the Rendez-Vous de Septembre in Monte Carlo. The collaborative platform brings together leading insurers including Aon, Generali and QBE Ventures, with additional companies in advanced stages of joining.
AXA Hong Kong and Macau has announced a strategic partnership with MOTOGO, introducing two new insurance solutions provided at no cost to eligible MOTOGO members under Dah Chong Hong Motors.
Vienna Insurance Group (VIG) has announced plans to acquire an 80 per cent stake in Moldovan insurer Moldasig S.A. after winning a public auction. The transaction will make VIG the leading insurance player in the Republic of Moldova with an estimated 30 per cent market share.
Clearspeed, a global leader in voice-based risk assessment technology, has announced a new partnership with Pinnacol Assurance, Colorado’s leading workers’ compensation insurer. The collaboration is designed to strengthen how Pinnacol engages with injured workers and support them more effectively on their path to recovery and return to work.
Marsh McLennan Agency (MMA), a business of Marsh and a leading provider of business insurance, employee health and benefits, retirement and wealth, and private client solutions across the United States and Canada, has announced the acquisition of Robins Insurance, an independent insurance agency based in Nashville, Tennessee. Terms of the transaction were not disclosed.
Sedgwick, the global leader in risk and claims administration, has announced the appointment of Vishy Padmanabhan as its new Chief Transformation Officer. He will report directly to Michael Arbour, CEO of Sedgwick.
Brightway Insurance, a technology-enabled insurance distribution platform, has announced the acquisition of GlobalGreen Insurance Agency, a multi-state franchise network with approximately $270 million in annual written premium. The combined business will control more than $1.7 billion in annual written premium and have a strong nationwide presence.
Tokio Marine Holdings and its subsidiary Tokio Marine & Nichido Fire Insurance have announced a strategic partnership with Salesforce Japan to accelerate AI-driven transformation, enhance customer experience and support long-term growth.
Neutrinos, a provider of AI-powered intelligent automation solutions for the insurance industry, has announced the launch of its AI-Native Coreless System of Execution (CSoE). The company says it is the first platform designed to deliver enterprise-grade intelligent execution through data virtualization and metadata streaming.
Gallagher Re, the reinsurance broking arm of Arthur J. Gallagher, has agreed to acquire Steadfast Re, the Australian reinsurance broker founded as a joint venture between industry veteran Simon Cloney and Steadfast Group.
Skyward Specialty Insurance Group has entered into a definitive agreement to acquire 100 per cent of Apollo Group Holdings Limited for a total consideration of $555 million.
Agile has expanded its portfolio with the launch of construction underwriting, a move that underscores the company’s strategic push into the contract works insurance market. The launch follows the appointment of Gordon McNab as Head of Construction, a respected figure known for his extensive technical expertise and long-standing influence in the sector.
Cytora has expanded its global advisory board with the appointment of financial services veteran Ed Giera, a move designed to support the company’s continued international growth.
Clutch, a fintech startup providing digital loan and deposit origination solutions for credit unions, has announced the launch of Protection Products: Plan Selection in partnership with TruStage.
Bain Capital has entered into a definitive agreement to acquire Jensten Group, a UK-based commercial insurance distribution platform, from Livingbridge. The investment will be made through Bain Capital’s dedicated insurance investing platform. Financial terms were not disclosed, and the transaction is expected to close in the fourth quarter of 2025, subject to regulatory approvals.
Descartes Underwriting, a global leader in corporate parametric insurance solutions for climate and emerging risks, has appointed Sébastien Bardy as its first Chief Financial Officer. Bardy, a veteran with more than 20 years of experience in the insurance market, officially assumes the role today.
Berlin-based insurtech startup Feather has announced the launch of its Car Insurance offering, aimed at simplifying the process of obtaining coverage for expats across Europe. The fully digital solution enables customers to secure car insurance in under three minutes, entirely online, in English, and with instant proof of coverage.
Allianz UK has entered a partnership with Evoque Group Limited, a supplier that specialises in zero to landfill solutions, advancing Allianz’s strategy to embed sustainability across business operations and claims management.
Trawick International, a leading provider of international insurance, administration and assistance services, has partnered with Blink Parametric, a global InsurTech company specialising in real-time parametric solutions, to introduce Traveler Lounge Pass.
MassMutual has partnered with Orion to launch a new Wealth Management Solutions–Orion platform, designed to support the firm’s 6,500 affiliated financial professionals with an integrated wealthtech system.
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.
Relation Insurance Services has acquired the assets of Bridlewood Insurance Services, Inc., a San Diego–based agency specializing in Medicare coverage.
Westfield Insurance has named Henning Haagen as chief underwriting officer, effective September 2. Based in New York City, Haagen will lead the development and execution of enterprise underwriting strategy across Westfield’s global portfolio, which spans personal, commercial, surety, and specialty lines.
Sompo Holdings has announced that a wholly owned subsidiary of Sompo International Holdings will acquire 100 per cent of the issued Class A ordinary shares of Aspen Insurance Holdings Limited for $37.50 per share in cash.
Rental property insurer Steadily has deepened its partnership with property risk analytics firm ZestyAI, expanding its use of AI-driven hail and wind models to improve underwriting precision across high-risk regions in the United States.
iPipeline, a leading provider of digital solutions for the life insurance and wealth management industries, has appointed Holly McGiboney as Chief Human Resources Officer.
Lockton has named Magnus Sjöstrand as Head of Property for its Swedish business, strengthening its leadership team as the broker expands across the Nordic region.
McKenzie Intelligence Services has joined forces with geospatial technology company Eagleview in a move aimed at strengthening the insurance industry’s ability to respond to natural catastrophes across North America.
Liberty Mutual Reinsurance, part of Liberty Mutual Insurance Group, has partnered with seismic technology provider Safehub to launch ShakeNet Parametric, a new earthquake insurance product designed to deliver payouts based on high-resolution regional shaking data.
The Hanover Insurance Group, Inc. has expanded its Business Owner’s Advantage product to better serve the needs of early-stage and smaller life sciences organisations.
The Hartford has named Vladimir Stojanovic to the newly created role of Head of Enterprise Strategy, effective September 3. He will report directly to A. Morris Tooker, President of The Hartford.
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.
Specialty insurer Beazley has promoted Jenny Han to Focus Group Leader, Environmental Liability. Based in San Francisco, Han will report to Jerry Sullivan, Head of Professional, Environmental and Mergers & Acquisitions.
HBX Group, a leading independent B2B travel technology marketplace, has announced a partnership with Superscript, one of the UK’s leading digital insurance brokers.
Assurant, Inc, a global protection company specializing in connected devices, homes, and vehicles, has announced a new partnership with Arcadium Technologies, LLC to optimize the sales process for its Heavy Truck Extended Service Contract.
Insurtech startup Sola has raised $8 million in Series A funding to accelerate its plans to create the first vertically integrated property insurance company.
CarTrawler, the Dublin-based B2B technology platform for car rental and mobility services, has acquired Paris-based insurtech Koala in a move that expands its offering into the travel insurance sector.
Climate technology firm Sensible Weather has introduced its latest product, the High Winds Weather Guarantee, designed to protect travelers and outdoor enthusiasts against disruptions caused by strong winds.
Insurance Advisory Partners (IAP), the boutique investment banking firm specialising in insurance, has strengthened its London leadership team with the appointment of Rinki Melwani as partner.
M47 AI COMPANY has launched a new artificial intelligence system, CLAIMS47, aimed at modernising claims handling in the insurance industry.
Spectrum.Life is a leading provider of integrated digital health and wellbeing solutions, helping insurers and employers deliver connected, evidence-based care at scale. Johnny O’Connell, the company’s Chief Commercial & Customer Officer, brings over a decade of healthcare leadership across mental health, primary care, and large-scale transformation projects in EMEA, APAC, and MENA.
Aviva and Tesco Insurance & Money Services have announced a new partnership to provide life insurance to millions of Tesco shoppers and Clubcard members across the UK.
InsureMO, the world’s leading insurance middleware platform, has announced a strategic alliance with LifeCheq, South Africa’s largest advisor enablement platform.
Enterprise AI company Upstage has raised $45 million in a Series B bridge round, bringing its total funding to $157 million.
ZestyAI, a leading provider of AI-driven property and climate risk analytics, has announced a partnership with Applied Home National Underwriters to strengthen underwriting, pricing, and portfolio management across U.S. property insurance operations.
Obie, the insurance platform for real estate investors, has partnered with global specialty insurer Markel to expand capacity for its nationwide program.
Insurtech leader Loadsure has announced a partnership with Armstrong Transport Group, a top-20 North American freight brokerage, to integrate dynamic cargo insurance directly into Armstrong’s proprietary transportation management system (TMS).
Coalition, a global leader in Active Cyber Insurance, has announced the launch of its services in France, providing companies with revenues of up to €1 billion access to its cyber risk management and insurance solutions.
Sixfold, a leading underwriting AI company, has unveiled its latest product innovation, Research Agent, a new capability designed to eliminate manual research bottlenecks and accelerate risk assessment in commercial insurance.
Commercial insurance has always required a delicate balance between precision and speed. Underwriters face a constant flow of submissions, each requiring careful review against complex
A new managing general agent, Elevate Specialty, has entered the UK market with the ambition to reshape how embedded and specialty insurance is designed and delivered.
USAA and the National Football League have announced a long-term extension of their 14-year partnership, reaffirming a shared commitment to honoring service members, veterans and their families through the league’s Salute to Service initiative.
Optio Group has named Carrie-Ann Hallett as its new Head of Insurer Partnerships, strengthening its focus on building long-term, profitable relationships with key insurance partners.
AIG has appointed Scott Hallworth as Chief Digital Officer, effective September 1, 2025. In the role, Hallworth will lead the insurer’s digital, data, and generative AI strategy, with a focus on scaling enterprise-wide innovation.
Mark Miller is the founder of InsureVision, a company dedicated to reshaping how the insurance industry approaches technology and innovation. With deep expertise in risk and digital transformation, Mark regularly shares insights that challenge conventional thinking in InsurTech and push the industry to aim higher.
Ideagen, a global leader in compliance and risk management software, has strengthened its workplace safety capabilities with the acquisition of Reactec, a provider of wearable technology and data analytics designed to protect workers in high-risk industries.
Insurtech pioneer Mantas has received In-Principle Approval for a Category 4 licence from the Dubai Financial Services Authority (DFSA), paving the way for the company to operate as a regulated Managing General Agent (MGA) once a full licence is granted.
Roamly has unveiled its new AI-powered Carshare insurance platform, marking a major step forward for the shared mobility and fleet management sector.
Plymouth Rock has partnered with Innovative Benefit Planning to launch a new auto insurance discount program for Innovative’s members and their employees in New Jersey and Pennsylvania.
Infinity Loop, an AI-native contract intelligence platform designed to help enterprises save money on vendor contracts, has raised $5 million in a Seed Round led by Glasswing Ventures and TIAA Ventures, with participation from Plug and Play, Restive Ventures, and angel investors.
Liberty Mutual Canada has introduced its new Environmental Protection Insurance Coverage (EPIC) product, designed to combine general liability and environmental liability – including full pollution and product pollution protection – into a single, streamlined package.
Insurtech Gateway, the specialist incubator for MGA and SaaS founders addressing large-scale challenges, has been authorised to trade within the Lloyd’s market after securing its Lloyd’s Broker licence.
QBE North America has expanded its media liability protection with the launch of The Influencer, a coverage solution designed to safeguard companies that partner with social media influencers to promote their products and services.
ePayPolicy, a leading provider of payment processing solutions for the insurance industry, has secured a strategic investment from private equity firm LLR Partners.
Sapiens International Corporation N.V., a global provider of SaaS-based software solutions for the insurance industry, has agreed to be acquired by private equity firm Advent in an all-cash transaction valuing the company at approximately $2.5 billion.
Marsh has introduced BrokerSafe, an exclusive insurance facility designed to give U.S. freight brokers more stable and affordable access to contingent auto liability coverage.
Kalepa, a provider of AI-driven underwriting technology, has signed an agreement with an affiliate of W. R. Berkley Corporation to broaden the use of its platform across Berkley’s operating companies.
Verisk has appointed Eric Spear as chief technology officer for its Extreme Event Solutions business, bringing more than two decades of technology leadership to the role.
Global insurer and reinsurer SiriusPoint has entered into a strategic partnership with Arden Insurance Services, a U.S.-based commercial property managing general underwriter, to provide capacity for a new wildfire-exposed risks program featuring embedded parametric coverage.
Nebraska and Kansas have approved ZestyAI’s AI-powered Severe Convective Storm models for use in property insurance underwriting and rating, granting carriers access to property-level hail and wind risk scoring in two of the nation’s most climate-exposed states.
Pie Insurance, the technology-driven commercial insurer focused on small businesses, has expanded its workers’ compensation offerings to Connecticut, providing affordable, tailored coverage to more than 365,000 small businesses across the state.
Insurance innovator Orion180 has announced a strategic partnership with Neural Earth Inc., a specialist in AI-driven geospatial risk analytics, to transform the way homeowners insurance risk is assessed, priced, and mitigated.
Inclined Technologies, a leading digital platform focused on unlocking the living benefits of whole life insurance policies, today announced the successful close of an $8 million Series B funding round.
TransRe, a leading global reinsurer, has announced a strategic partnership with Cytora, the digital risk processing platform, to enhance its facultative reinsurance operations through advanced generative AI technology.
Global insurance broker Howden Broking has successfully repriced $4.1 billion of its debt, including a $3.1 billion Term Loan B due in 2031 and a £765 million Revolving Credit Facility (RCF).
JBK, a software company specializing in enterprise solutions for the insurance industry, was founded by James Benham, a lifelong technologist and entrepreneur. In this interview, James shares his journey from building his first program at age twelve to launching Terra, a platform transforming claims and policy management.
Hiscox has appointed Adrees Tinkler to head a newly created Alternative Risk Transfer (ART) team within its London Market division, as the insurer looks to expand its offering of tailored (re)insurance solutions.
Prudential Financial has announced that its subsidiary, The Prudential Insurance Company of America, has entered into a $4 billion longevity risk transfer agreement with NN Life & Pensions, part of NN Group.
Digital insurance platform KoverNow has launched the KARAT program, a new initiative aimed at strengthening its data-driven services through strategic collaborations with industry experts and retailers.
The Hartford has successfully completed a pilot program with mea Platform, leveraging its generative AI-powered solution to streamline document processing in underwriting.
Manulife has announced it will acquire a 75% stake in Comvest Credit Partners, a rapidly growing middle-market private credit manager, for an upfront consideration of $937.5 million.
Nationwide and Midland National® Life Insurance Company have announced a strategic partnership to offer a new commission-free fixed indexed annuity designed for fee-based financial advisors.
Emirates Insurance has implemented Sequel Impact, Verisk Specialty Business Solutions’ exposure management system, as part of its efforts to enhance risk analysis and streamline operations across its property, construction, and energy portfolios in the UAE.
FWD Group Holdings Limited has announced the completion of its high-net-worth hub in Asia under its exclusive brand FWD Private, alongside the full launch of the FWD Private Lounge in Hong Kong.
Aon has unveiled the Accelerate Programme, a new offering designed to help fast-growing UK-based technology businesses better understand and manage their evolving risk landscapes.
Global advisory and broking leader WTW has partnered with Klarity, a UK-based health data analytics firm, to transform life insurance underwriting by integrating wearable health technology and behavioral data.
VYRD, a Florida-based homeowners insurance company focused on delivering stability and protection in a challenging coastal market, has partnered with ZestyAI, the leading provider of AI-powered property risk analytics, to gain deeper visibility into property condition and risk exposure across its book of business.
Gain Life, an insurance technology company, today announced that Patrick Walsh has joined its advisory board.
Earnix, a leading provider of AI-driven insurance pricing platforms, and Sapiens International Corporation (NASDAQ and TASE: SPNS), a global insurance software provider, have announced the launch of the Earnix Price-It™ Connector for Sapiens IDITSuite.
Cytora has unveiled a breakthrough upgrade to its digital risk processing platform with the launch of Unified Risk Reasoning, a new agentic AI capability designed to fully automate the validation, refinement, and finalization of risk data ahead of insurance decision-making.
Datos Insights, a global provider of data and advisory solutions for the financial services and insurance sectors, has acquired InsTech, the London-based insurance innovation community and advisory firm.
ACTFORE, a leader in AI-powered breach response and data mining solutions, has secured a U.S. patent for its proprietary method of extracting sensitive information from unstructured document sets – marking a major milestone for innovation in the data breach response industry.
Insurtech startup Qumis has announced a new partnership with NFP, a leading insurance broker, following a successful pilot of its AI-driven policy analysis platform in mid-2024.
Optio Group (Optio), a leading specialty managing general agent (MGA), has announced the completion of its acquisition of Luxembourg-based Circles Group, following receipt of all required regulatory approvals. The transaction was first announced in October 2024.
The Reliable Transportation Association (RTA), a leading managing general agent and Lloyd’s of London coverholder, has announced the launch of a new Physical Damage insurance program for commercial auto operators.
Specialist MGA services platform OneAdvent has announced a strategic partnership with Diesta, the purpose-built payment operations platform for intermediated insurance, in a move set to transform premium processing for managing general agents (MGAs) operating on the OneAdvent platform.
Nexus Underwriting, a Brown & Brown group company, has announced the appointment of Eamonn Long as Chief Underwriting Officer for its Alternative Risk Transfer (ART) division.
CyberCube, a global leader in cyber risk analytics, has announced a strategic partnership with Wholesure, the wholesale brokerage arm of Acrisure, aimed at improving cyber insurance decision-making for small and medium-sized businesses (SMBs).
Chubb has announced the appointment of Michael Babington as Head of Claims for Europe, the Middle East, and Africa (EMEA), effective 1 November 2025.
Cyber risk management firm Safe Security has secured $70 million in a Series C funding round, led by Avataar Ventures.
Insurity, a leading provider of cloud-based software for insurance carriers, brokers, and managing general agents (MGAs), has announced a renewed focus on claims innovation with expanded investment in product modernisation, intelligent automation, and customer experience.
bolttech, the fast-growing global insurtech, has partnered with iBox, Indonesia’s largest Apple Premium Reseller and a business unit of Erajaya Digital, to launch TecProtec with AppleCare Services, a new premium protection solution now available to iPhone customers in Indonesia.
dacadoo, the Swiss-based leader in digital health engagement and health scoring, has announced a strategic collaboration with Microsoft aimed at revolutionising digital health solutions through the use of generative and agentic artificial intelligence.
Sainsbury’s Bank has announced a new partnership with Allianz UK to provide home and motor insurance to its existing customers as their current policies expire.
Verisk, a leading data analytics and technology provider to the insurance industry, has entered into a definitive agreement to acquire AccuLynx for $2.35 billion in cash.
Cyata, the first control plane for agentic identities, has launched from stealth with $8.5 million in seed funding led by TLV Partners. The company addresses a growing cybersecurity gap as enterprises increasingly deploy AI agents without the necessary identity management or oversight mechanisms in place.
Moody’s Ratings has upgraded FWD Group Holdings Limited’s issuer rating to Baa1 from Baa2 and revised the outlook to stable from positive, reflecting the company’s improved profitability, capital-generation capabilities, and enhanced financial flexibility following its recent stock exchange listing.
Fadata, a global provider of core insurance software, is pioneering a bold transformation in the insurance technology space by embedding artificial intelligence across its operations while fostering a people-first company culture.
Instnt, a customer onboarding platform that provides embedded fraud loss insurance, has officially entered the California market.
Wingspan, the first modern payroll platform purpose-built for contractor management, has raised $24 million in Series B funding led by Touring Capital, bringing its total funding to $54 million.
Trucking insurance startup Cover Whale has announced a $40 million equity investment from Morgan Stanley Expansion Capital, a move that will help accelerate the company’s growth through enhanced technology, analytics, and expanded product offerings.
Cyber risk management company DynaRisk has raised $4.7 million in a funding round led by YFM Equity Partners, aimed at accelerating product development and supporting international growth.
MAPFRE, a global leader in insurance innovation, has released a new foresight report titled “The Future of Interaction: The Role of Interaction in a World Shaped by Intelligent Agents.” The study explores how human and technological interactions may evolve by 2035 and examines the implications for the insurance industry.
In conversation with Laura Sweetman, Chief Product & Revenue Officer at PremFina. Laura was previously Chief Operations Officer and has more than 20 years of experience in the industry.
MNK Group Holdings, the global independent insurance and reinsurance conglomerate, has announced the appointment of Chaitali Roy as Group Executive Managing Director – Risk and Regulation, effective 1 July 2025.
AXA has signed a Memorandum of Understanding (MoU) with China Biotech Services to explore advanced cancer therapies, including Boron Neutron Capture Therapy (BNCT), a highly targeted form of radiotherapy.
Squalify, a leading top-down cyber risk quantification platform, has announced its expansion into the U.S. market, marking a major milestone with the onboarding of its first American client, Henry Meds, a fast-growing digital healthcare company based in the Bay Area.
Verisk, a global leader in data analytics and technology, has entered into a definitive agreement to acquire SuranceBay, a top provider of producer licensing, onboarding, appointment, and compliance software for the life and annuity sector, for $162.5 million in cash.
Retirable, a New York-based fintech startup offering retirement solutions for middle-income Americans, has raised $10 million in a Series A funding round led by IA Capital Group.
UK-based cyber security and IT services provider Intersys has officially launched its India operations, aiming to help insurers and brokers grow their cyber insurance portfolios by improving the resilience of policyholders.
Venbrook Group LLC, one of the fastest-growing independently owned insurance brokerage and risk management firms in the U.S., has announced a new strategic partnership with DB Insurance to offer a specialty habitational insurance product for multi-unit residential properties in California.
Quandri, a Canadian AI startup transforming how insurance brokerages and agencies handle servicing work, has raised $12 million in a Series A funding round, bringing its total funding since launching in 2021 to over $20 million.
Home insurance provider Orion180 has rolled out its FLEX Home Insurance product across nine counties in eastern Massachusetts, offering a customizable and accessible insurance solution to homeowners in the region.
ePayPolicy, a leading digital payments platform for the insurance industry, has announced a new integration with INTX Insurance Software, expanding digital payment capabilities across the insurance policy lifecycle.
Markel Insurance, the insurance division of Markel, has announced the appointment of Christian Stobbs as its new Chief Strategy and Corporate Development Officer.
Life insurance startup Ethos Life has announced a new partnership with personal finance platform Origin, expanding its suite of services aimed at helping policyholders build long-term financial security.
Globe Underwriting, the UK-based managing general agent, has announced a major step in its strategic growth with the launch of its professional indemnity (PI) proposition, marking the first offering in its newly formed financial lines division.
Laka, the award-winning green mobility insurer, has raised $10.4 million in its latest Series B funding round, reinforcing its position as Europe’s leading provider of insurance for e-bikes, e-scooters, and other sustainable transport.
ZestyAI, a leading provider of AI-driven risk analytics for the insurance industry, has unveiled ZORRO Discover, a generative AI agent designed to transform how insurers access and use regulatory and competitive intelligence.
Digital bank Monzo has launched a new flexible home insurance product designed specifically for homeowners, offering a combined buildings and contents policy that aims to simplify and modernise the experience of protecting homes and belongings.
Wrisk, a leading provider of embedded insurance solutions for the automotive industry, has announced the successful closing of its Series B funding round, raising £12 million to support its continued growth across Europe and further develop its data-driven insurance platform.
The Arizona Department of Insurance and Financial Institutions has approved ZestyAI’s Severe Convective Storm suite, granting insurers access to AI-driven property-level risk insights for hail and wind events.
INSHUR, a multi award-winning provider of insurance solutions for the on-demand economy, has secured $35 million in new funding from Trinity Capital (NASDAQ: TRIN), a leading alternative asset manager.
MAPFRE RE, one of the world’s leading reinsurers, has signed a global licensing agreement with ICEYE, a specialist in satellite-based disaster management solutions, to access its Flood Insights data.
CyberCube, the leading provider of cyber risk modeling and analytics, has announced the launch of Version 6 of its flagship catastrophe model, Portfolio Manager (PMv6).
At the recent Insurtech Insights conference, Mark Rieder, Head of Innovation at NFP and Anthony Meyers, Head of Data and AI Strategy at Aon’s Reinsurance Solutions division participated in a panel discussion, “A Year of Transformation: Building the Future of Insurance”, which marked the one year anniversary of Aon’s acquisition of
NFP.
Zurich Insurance Group has announced the acquisition of BOXX Insurance Inc., a Toronto-based cyber insurance and risk management insurtech, in a move that significantly enhances Zurich’s global cyber protection offering for retail and SME customers.
INSTANDA, a leading global policy administration and distribution platform, has announced a major rebrand, marking a new chapter in its evolution from insurtech startup to trusted partner for insurers and MGAs worldwide.
Insurance software provider Fadata has announced a sweeping integration of artificial intelligence (AI) across its operations, achieving productivity gains of up to 50% in key areas and doubling its annual quality testing output.
Hannover Re has appointed Steven Hardy as Head of Life & Health (L&H) for Ireland and Canada, the global reinsurer announced today.
Arch Insurance North America has announced the appointment of Jeff Kaufmann as Executive Vice President, Head of Marine, effective July 7.
Bishop Street Underwriters, a portfolio company of RedBird Capital Partners, has acquired Aerospace Insurance Managers (AIM), a general aviation insurance services provider, from Hallmark Financial.
Earnix, the leading provider of Dynamic-AI solutions for the insurance industry, has announced the release of its new PolicyCenter v10 accelerator, now available in the Guidewire Marketplace.
The Travelers Companies, Inc. yesterday unveiled Travelers Across America, a national preservation initiative in partnership with the National Trust for Historic Preservation.
Two global leaders in digital health – dacadoo and Abi Global Health – have announced a strategic partnership to create a fully integrated, multilingual digital health experience that combines wellness tracking with instant access to virtual care.
Insurity, a leading provider of cloud-based software for property and casualty (P&C) insurance carriers, brokers, and MGAs, has announced a new partnership with ReAlign, a top underwriter of program administrator-managed specialty insurance in the U.S.
Allianz Global Corporate & Specialty SE, Singapore Branch, has partnered with specialist underwriting firm Hydor to launch a new General Marine Liability insurance product, strengthening marine risk solutions across the Asia-Pacific region.
INSHUR, a leading global provider of insurance solutions for the on-demand economy, has announced a strategic partnership with Diesta, a specialist in insurance payment reconciliation and distribution.
Root Platform, the API-first core platform for delegated authority business, has expanded its UK leadership team with the appointment of Cameron Parsons as Head of Business Development UK.
As part of its ongoing efforts to reinforce its growth strategy, MAPFRE RE, the reinsurance arm of MAPFRE Group, has announced a series of senior leadership appointments approved by its Board of Directors.
As climate change intensifies and urban development expands, the frequency and severity of flood events are rising rapidly. Against this backdrop, Previsico is calling for a new level of collaboration between insurers, government, and industry to tackle flood risk head-on.
Native, the digital asset insurance broker backed by Nexus Mutual, has appointed George Frith as Divisional Director, AI Compute and Digital Infrastructure, as it continues to scale its leadership and capabilities across high-growth technology sectors.
In a move set to accelerate the digital transformation of global insurance operations, mea Platform and ACORD Solutions Group (ASG) have announced a strategic partnership aimed at expanding the adoption of automated underwriting and standardized digital data exchange across the industry.
AXA Global Healthcare has appointed James Swatton as Senior Distribution Leader in Hong Kong, a move that signals the company’s continued commitment to expanding its footprint across Asia’s fast-growing international private medical insurance (IPMI) market.
Clearspeed, a leading provider of AI-powered voice analytics for risk assessment, has secured $60 million in Series D funding, bringing its total capital raised to $110 million.
Insurtech pioneer Zego has launched a new tool designed to combat one of the most pervasive yet under-recognised dangers on UK roads: driver fatigue.
ZestyAI, a leading provider of AI-based risk analytics for the property and casualty insurance industry, has secured a $15 million credit facility from CIBC Innovation Banking.
MetLife has announced an expanded partnership with insurance automation specialist Sprout.ai to accelerate claims automation and enhance the customer experience across key markets in the U.S., Asia, and Latin America.
EIS, a global leader in cloud-native insurance core systems, has achieved a major industry milestone by becoming the first insurance technology provider to earn the ISO/IEC 42001:2023 certification, the world’s first international standard for Artificial Intelligence Management Systems (AIMS).
Global insurance pricing technology provider Akur8 has announced the appointment of Dino Draghi as its new Head of Brazil, marking a major step in the company’s strategic expansion in Latin America’s largest insurance market.
Coalition, the world’s first Active Insurance provider focused on preventing digital risk, has announced the launch of its new Helios platform under Coalition Re.
London-based insurtech startup COVR Global has raised $2.5 million in seed funding to further develop its AI-driven claims decision engine. The round was led by MTech Capital, with participation from B Capital.
Financial planning software company Conquest Planning has raised $80 million in a Series B funding round led by Goldman Sachs Alternatives, with participation from Canapi Ventures, BDC Capital, Citi Ventures, TIAA Ventures, BNY, Portage, and USAA.
E&S insurance startup Ledgebrook has raised $65 million in a Series C funding round led by The Stephens Group, with participation from Duquesne, Brand Foundry, Floating Point, Hummingbird Nomads, and American Family Ventures. The latest round brings Ledgebrook’s total funding to over $110 million.
One Inc, a leading digital payments network, has announced a new partnership with global data analytics and technology provider Verisk to launch a pre-built payment integration for Verisk’s FAST platform – Flexible Architecture, Simplified Technology.
The technology transformation of a multi-national corporation requires strong leadership. It is not only the story of one individual leader and their vision, rather, it is the effort of a broad organisation, working in concert towards a common goal. How do you build, inspire and manage a cooperative movement and team that will be focused on bringing about change?
Loadsure, a leading insurtech specializing in holistic freight protection, has announced its full support for the Combating Organized Retail Crime Act of 2025 (CORCA) – a bipartisan bill aimed at curbing the surge in organized retail crime and supply chain theft that has plagued U.S. commerce in recent years.
Tokio Marine HCC, a leading specialty insurance group headquartered in Houston, has announced the appointment of Elizabeth Geary as President & CEO of its newly created North America Property & Casualty (P&C) division.
Porch Group, Inc, a technology-driven homeowners insurance company, announced the renewal and expansion of its partnership with Goosehead Insurance, a leading independent personal lines insurance agency.
TravelPerk, the Barcelona-based business travel and expense management platform, has announced a new partnership with global travel insurance provider Battleface to offer embedded medical and baggage insurance for European business travelers.
As Colorado prepares to enforce its groundbreaking wildfire risk legislation, HB 1182, ZestyAI is providing insurers with AI-powered solutions designed to ensure full compliance while enhancing transparency and customer engagement.
Descartes Underwriting, a French-based provider of parametric insurance for climate and emerging risks, has announced a strategic investment from Battery Ventures.
Private equity firm B.P. Marsh & Partners has acquired a 27% equity stake in Cameron Specialty, a London-based managing general agent (MGA) focused on UK property insurance.
Autonomize AI, a pioneer in AI-driven healthcare solutions, has announced the close of a $28 million Series A funding round, bringing its total capital raised to $32 million.
As wildfires become increasingly frequent and destructive, Pano AI has raised $44 million in a Series B funding round to expand its AI-powered wildfire detection infrastructure.
TSD Mobility Solutions, a global leader in rental and loaner management software, has announced a strategic partnership with Canopy Connect, the top provider of insurance verification technology.
Earnix, a global leader in AI-driven decisioning solutions for insurers, has joined the London Market Forums (LMF) as a corporate member, marking a strategic move to deepen its engagement with the specialty insurance sector and the broader London Market.
Employee benefits startup Zorro has secured $20 million in a Series A funding round led by Entrée Capital, with continued support from existing investors 10D and Pitango.
Kin Insurance has announced the successful completion of its 2025–2026 reinsurance programs for the reciprocal exchanges it manages – Kin Interinsurance Network and Kin Interinsurance Nexus Exchange – highlighting its strategic approach to risk management as the company accelerates its U.S. market expansion.
Australian life insurer TAL has partnered with global insurtech Cover Genius to launch backd, a digital-only, embedded life insurance product aimed at addressing Australia’s underinsurance problem.
Let’s shout about the quiet work the insurance industry is doing to progress EV transition, says David Humphreys, director of automotive, insurance, U.K. and Ireland at LexisNexis Risk Solutions.
New research from insurance technology provider RDT reveals that while a large majority of insurance claims handlers welcome the benefits of automation, they are united in their belief that human oversight must remain a critical part of the process.
Marsh, the world’s leading insurance broker and risk advisor and a business of Marsh McLennan, has announced the launch of Nimbus, a new insurance facility designed to support the construction of large-scale data centres across the UK and Europe.
As the specialty insurance market surpasses $100 billion in MGA/MGU premium, Sproutr is spotlighting a critical differentiator for programs that endure: structural clarity.
Berlin-based insurtech Feather has expanded its offering with the launch of Feather Business Insurance, designed to support international companies and their cross-border employees with streamlined, digital-first coverage.
Broadstone, a leading independent UK financial services consultancy, has announced the acquisition of ExactVAL, a specialist provider of actuarial valuations and cashflow analysis for defined benefit pension schemes.
Lockton, the world’s largest privately held independent insurance broker, has announced the appointment of two senior executives to newly created leadership roles in the Middle East and North Africa (MENA) region.
PremFina, the UK’s fastest-growing insurance premium finance provider, has announced the successful completion of a £350 million private securitisation facility, backed by HSBC and Waterfall Asset Management.
Digital risk processing company Cytora has unveiled its latest innovation, Concierge, a powerful addition to its platform designed to enable commercial insurers, brokers, and reinsurers to fully digitize every incoming insurance request.
Digital distribution platform bolt has announced a new partnership with Arch Insurance Company to offer Arch’s Annual Multi-Trip Travel Insurance plan through agents using the bolt platform.
Digital insurance broker Matic Insurance has announced a new partnership with Floify, a mortgage automation platform and subsidiary of Porch Group, to integrate home insurance directly into the loan process.
Small business insurance broker Mylo has announced a new partnership with UENI, a website building and digital marketing platform, aimed at supporting small businesses with both digital presence and insurance coverage.
Markel Insurance, the insurance operations of Markel Group, has announced the launch of InsurtechRisk+, a comprehensive new insurance product tailored for insurtech businesses.
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.
Beazley, the specialist global insurer, has appointed Stefan Wunderlich as Head of Parametric Insurance as it continues to expand its capabilities in property underwriting.
American luxury watch retailer European Watch Company (EWC) has announced an exclusive partnership with global insurer Chubb, launching a new insurance solution tailored specifically for watch collectors.
Ryan Specialty has entered into a definitive agreement to acquire the business of J.M. Wilson Corporation, a Michigan-based managing general agency with a strong reputation and deep expertise in transportation insurance.
Crabi, a Mexico-based digital auto insurer, has raised $13.6 million in a Series A funding round co-led by Kaszek and Ignia, with participation from 30N, Redwood Ventures, Carao Ventures, Azuro Capital, and Newtopia VC.
Global insurtech leader bolttech has successfully closed its Series C funding round, raising $147 million from a group of prominent investors and securing a valuation of $2.1 billion.
Assurant, Inc, a leading global protection company, has announced a strategic partnership with Ciocca Automotive, one of the fastest-growing dealership groups in the U.S., operating 54 locations across New Jersey and Pennsylvania.
Cyber insurance startup Baobab has raised €12 million in a Series A funding round to expand its footprint across Europe.
Insurtech leader Optalitix has announced a major enhancement to its flagship platform, Optalitix Models, with the launch of an industry-first feature: Model Monitoring.
Independent specialty MGA HIVE Underwriters has announced a major strategic expansion into the space insurance sector with the appointment of Jack Kenneally as Class Underwriter.
Regional insurtech leader Igloo has launched Igloo Tech Solutions, a comprehensive suite of digital tools designed to modernize insurance operations and unlock new growth opportunities for insurers and businesses across Southeast Asia.
The insurance industry has long been regarded as complex, slow-moving, and resistant to change – but some entrepreneurs see those challenges as an opportunity.
ZestyAI, a leader in AI-powered property and climate risk analytics, announced that the Michigan Department of Insurance and Financial Services has approved its Severe Convective Storm suite of risk models.
Empathy, the technology company reshaping how people navigate grief and end-of-life planning, today announced it has raised $72 million in a Series C funding round led by Adams Street Partners.
INTX Insurance Software (“INTX”), a global provider of a fully integrated, end-to-end P&C insurance policy management solution, has officially launched in North America following two decades of proven success across the UK, Europe, the Caribbean, Bermuda, and Africa.
Singapore-headquartered insurtech firm bolttech is deepening its collaboration with Amazon Web Services (AWS) to implement generative AI (Gen AI) across its global customer and operational workflows.
Financial services and fintech leader Acrisure has announced a definitive agreement to acquire Global Payments’ payroll division, Heartland Payroll Solutions, in a $1.1 billion transaction.
Fenchurch, the independent London-based insurance broker specializing in mid-to-large property risks, has announced the appointment of Kingsley “King” Flynn as Chairman, marking a strategic push to expand its footprint across the U.S. market.
Markel is deepening its collaboration with Mea Platform, expanding the deployment of Mea’s generative AI solution beyond its London Wholesale operations to now include its Canadian underwriting business.
MNK Group, the fully independent global group of insurance companies, has announced the appointment of Alex Noorbaccus as its new Group Chief Risk Officer.
Global specialty insurer and reinsurer SiriusPoint has named Philip Enan as its new Chief Strategy and Corporate Development Officer, reinforcing its commitment to long-term growth and investment.
Blink Parametric and MAWDY Ireland have announced the results of their collaboration to integrate real-time flight disruption assistance into MAWDY’s premium travel insurance offerings.
UK-based flood forecasting company Previsico has been selected to join the prestigious Transit Tech Lab programme, a collaborative initiative led by the Metropolitan Transportation Authority (MTA) and the Port Authority of New York and New Jersey (PANYNJ), in partnership with the Partnership Fund for New York City. The programme aims to accelerate innovation in public transportation across the region.
Insurance Advisory Partners (IAP), a boutique investment bank specializing in the insurance, insurance services, and insurtech sectors, has appointed renowned industry leader Joseph J. Plumeri as Chairman and investor, effective 1 September 2025.
Qatar Insurance Company (QIC), the leading insurer in Qatar and across the MENA region, has unveiled the country’s first personal cyber insurance product, offering individuals robust protection against the rising tide of cyber threats in everyday digital life.
Insurtech startup Kota has announced the successful close of a $14.5 million Series A funding round, led by Eurazeo and supported by EQT Ventures, Northzone, Frontline Ventures, 9Yards, and Plug and Play.
A new report from live flood forecasting Insurtech, Previsico, has revealed a significant lack of preparedness among UK businesses for the rising threat of flooding, despite increasing awareness of the impacts of climate change.
Neutrinos has been selected by Prudential Financial Inc. (PFI) as a key technology partner to support its Simplified Solutions organization, a division of PFI’s Individual Life Insurance business.
King Risk Partners has announced the acquisition of Fidens Insurance Brokers, a Red Bank-based independent insurance agency specializing in commercial coverage across a wide range of industries. The move marks a strategic expansion of King Risk Partners’ footprint in the Northeastern United States.
AI-powered insurtech company Quandri has announced the appointment of Patrick Mulroy as its new Head of Strategy and Partnerships, a move that signals the company’s accelerated growth plans across North America.
Parametrix, a pioneer in digital business interruption insurance, has unveiled a new embedded coverage program designed to protect businesses from prolonged outages caused by endpoint security failures.
Conifer Insurance Services has partnered with Skyward Specialty to launch Cannabis Select, a high-capacity insurance program tailored for multi-state operators and larger cannabis businesses across the United States.
Acrisure, a fast-growing financial services and insurance platform, announced today that it has secured a $2.1 billion funding round led by Bain Capital, marking a significant milestone in its ongoing transformation into a tech-driven global financial services provider.
Digital risk processing platform Cytora has announced a new partnership with climate data specialist Aisix Solutions to enhance insurers’ capabilities in assessing and managing wildfire risk.
Nearmap, a global leader in property intelligence, has announced plans to acquire Itel, a specialist in property claims solutions, in a transaction valued at approximately $1.3 billion including debt.
Cybersecurity firm Sophos has announced a strategic partnership with Capsule Insurance, a UK-based insurance broker, to streamline access to cyber insurance for businesses using Sophos’ cybersecurity solutions via managed service providers (MSPs).
USAA has appointed Brian Goldman as its new Chief Risk Officer, effective May 27, the company announced last week.
Aviva has announced a strategic partnership with CyberCube, a leading cyber risk analytics firm, to bolster its cyber risk management capabilities through advanced threat actor intelligence.
TELUS Corporation has announced the acquisition of Workplace Options, a top provider of integrated employee wellbeing solutions to Fortune 500 companies, in a deal valued at approximately $500 million CAD (US$350 million), net of assumed debt.
Allstate Corporation has taken a significant step into the future of technology by becoming one of the first major insurance companies to join the Chicago Quantum Exchange (CQE) as a corporate partner.
Cable Insurance Company, a leading commercial auto insurer, has announced a strategic partnership with TruckerCloud, a telematics integration platform, to bolster its data-driven insurance offerings.
Nationwide is partnering with Kadance to provide life insurance customers access to Kadance’s Precision Health Management Program – a membership offering that delivers proactive, personalized genomics-based health insights.
Tinubu, a global leader in cloud-based software solutions for the specialty insurance industry, announced today that it has raised $45 million in growth capital to fuel its next phase of innovation and international expansion.
TIMBY Specialty Insurance Solutions, a managing general underwriter (MGU) focused on inland marine insurance, has announced the launch of its Warehouse Legal Liability Coverage (WHLL), a new product designed to meet the evolving needs of public and contract warehouses across the United States.
Global insurtech bolttech has announced a strategic partnership with Sumitomo Corporation, one of Japan’s largest trading houses, to establish a joint venture aimed at delivering technology-enabled embedded insurance solutions across Asia.
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.
Encova Insurance has named Ramu Lingala as its new Executive Vice President and Chief Information Officer, succeeding longtime CIO Tony Laska, who will retire at the end of this year.
Dutch AI startup MarvelX AI has secured $6 million in seed funding, as it sets out to transform insurance back-office operations through automation and intelligent systems.
InsurTech firm Bestow has raised $120 million in an oversubscribed Series D funding round, marking a significant step forward in its mission to transform the life insurance industry through advanced technology solutions.
mea Platform, the rapidly growing AI solution transforming insurance transactions and operations, has announced the appointment of Mike McGavick as Board Chairman and Strategic Advisor.
Catastrophe modeling firm KatRisk has announced the acquisition of Gamma, a specialist in location intelligence, in a move aimed at enhancing property risk assessment and flood exposure mapping – especially in regions with limited data availability.
Global insurance brokerage HUB International has entered into a definitive agreement for a $1.6 billion minority equity investment, catapulting the company’s valuation to $29 billion—the highest ever for a privately held insurance broker.
Willis, a WTW business, has unveiled the global launch of FinTech Plus, a next-generation insurance solution purpose-built for fintech companies facing increasing complexity, evolving regulatory environments, and cyber risks.
Decant Group, a leading private client business specialising in fine wine and spirits, has announced a strategic long-term partnership with Insurtech firm Embri to embed asset protection insurance directly into its private client marketplace, the Decant Index.
Global insurance brokerage HUB International has announced the acquisition of the assets of FGLP Equity Partners, LLC, doing business as Demarie Insurance Agency.
Farmers and Mechanics Mutual Insurance Company of West Virginia (FMIWV) has partnered with ZestyAI to implement its Z-PROPERTY™ Location Insights platform, in a move to enhance underwriting accuracy and refine risk-based pricing.
Global insurance brokerage HUB International has announced the acquisition of the assets of Allegiant Global Partners (AGP), a Massachusetts-based consulting firm specializing in international health, welfare, and risk strategies for global employers.
AXA Global Healthcare China has entered into a strategic partnership with HSBC Broker-Pinnacle China, a wholly owned subsidiary of HSBC Group, to broaden access to international private medical insurance (IPMI) for high-net-worth individuals in China.
HUB International, a leading global insurance brokerage, has announced the launch of HUB Private Client Small Business Solutions, a new initiative designed to support high-net-worth individuals embarking on entrepreneurial ventures.
Chubb has announced the appointment of Carla Orejas as Head of Major Accounts and Distribution for Continental Europe, the Middle East, and North Africa (CEMENA), effective June 2, 2025.
Sixfold, a company specializing in generative AI for insurance risk analysis, has announced the launch of its latest product feature, Discrepancy Scan.
SBLI (The Savings Bank Mutual Life Insurance Company of Massachusetts) has announced an expansion of its partnership with Swiss Re through the integration of the reinsurer’s CARE (Claims Automated Rules Engine) into its claims process, marking a significant step forward in claims innovation and customer service.
esure, one of the UK’s leading providers of motor and home insurance, has launched a new mobile insurance app developed in collaboration with Caura, a London-based technology startup known for its vehicle management platform.
MediHelp International, a leading provider of international private medical insurance (IPMI) and private medical insurance (PMI) in Poland, Hungary, and Romania, has officially launched operations on CoverGo’s next-generation health insurance platform, marking a major step in its digital transformation strategy across Europe.
MetLife, in collaboration with its exclusive partner Aura, a leading provider of identity theft protection solutions, has introduced a new digital safety offering aimed at helping parents safeguard their children’s mental and physical well-being in today’s increasingly connected world.
MAPFRE, Spain’s leading insurer and the largest multinational insurance group in Latin America, has announced the launch of its Manifesto for a Humanistic, Ethical, and Responsible AI, becoming the first IBEX 35 company to publicly define its principles for the development and use of artificial intelligence.
AXA UK has officially launched its first motor insurance offering under a new strategic partnership with Lloyds Banking Group, becoming the sole provider of car insurance for new business initially under the Group’s Lloyds brand.
Turris, a leading provider of compliance and payment automation solutions for the insurance industry, has announced a new partnership with Loro Insurtech, a SaaS platform that enables digital insurance policy transactions.
In a strategic move to accelerate the adoption of electronic health records (EHR) in life insurance underwriting, MIB Group has acquired medical record retrieval company Clareto from Munich Re Life US.
Insurance has traditionally been slow to evolve—but that’s changing fast. Technology is now not just enhancing the industry; it’s redefining it.
U.S.-based insurtech Coalition has officially launched its Active Cyber Insurance offering in the Nordic region, marking its entry into Denmark and Sweden through its local subsidiary, Coalition Insurance Solutions, filial af Coalition Insurance Solutions GmbH, Tyskland.
Experian has announced the expansion of its Experian Marketplace portfolio through a new partnership with Root Insurance, enabling consumers to seamlessly purchase Root’s coverage directly through the Experian platform.
Likewize, a global leader in device protection, repairs, and premium technical support, has acquired Speedperform, a cutting-edge AI-driven customer support provider, in a strategic move to enhance its technology capabilities and expand its global reach.
FWD Group has announced a three-year extension of its partnership with JA (Junior Achievement) Worldwide, a youth-focused nonprofit and Nobel Peace Prize 2025 nominee.
Earnix, a global leader in dynamic AI for insurance, has announced the acquisition of Zelros, a pioneer in generative AI for insurers and banks, in a move set to transform how financial institutions manage pricing, underwriting, and customer engagement.
Kennedys IQ and litigation analytics firm Solomonic have entered into a new collaboration aimed at integrating litigation data into the insurance lifecycle to support smarter underwriting, claims handling, and compliance.
Sapiens International Corporation has announced a definitive agreement to acquire AdvantageGo, a provider of commercial insurance software specializing in underwriting workbench solutions for the London and global commercial insurance markets.
The Managing General Agents’ Association (MGAA) has entered into a new partnership with Sicsic Advisory to provide enhanced regulatory and risk support for its growing base of members in the Republic of Ireland.
Hiscox has announced the appointment of Phil Withey as Chief Technology Officer (CTO) for Hiscox London Market, further strengthening its leadership team as it accelerates its digital transformation agenda.
QBE North America has unveiled a new commercial property insurance product aimed at providing customized, comprehensive coverage solutions for large companies across the United States.
AssuredPartners has announced a new partnership with Carrum Health aimed at enhancing healthcare options for its self-insured clients.
Global reinsurance group SCOR has named Philipp Rüede as the new Chief Executive Officer of SCOR Life & Health (L&H), effective June 1, 2025. Rüede will also join the company’s Executive Committee.
American Family Insurance Life Company (AFLIC) has announced a new partnership with Empathy, a startup dedicated to providing support for individuals navigating the loss of a loved one.
Cowbell, a leading provider of cyber insurance for small and mid-sized enterprises, has announced the launch of Prime One Tech, a new professional indemnity (PI) and cyber insurance offering tailored for technology companies in the UK.
Riskonnect, a global leader in integrated risk management (IRM) solutions, has announced a strategic partnership with MAPTYCS®, a cutting-edge geospatial intelligence platform, aimed at transforming how organizations assess and respond to property and climate risks.
In a move aimed at transforming property risk evaluation in the insurance industry, Cytora, a leading digital risk processing platform, has announced a strategic partnership with LightBox, a premier provider of U.S. real estate data and geospatial intelligence.
Cloud data security startup Sentra has raised $50 million in a Series B funding round, bringing its total capital raised to over $100 million.
Steadily, a tech-driven landlord insurance startup, has raised $30 million in a Series C funding round, pushing its total valuation to $355 million.
SECUTIX, a leader in digital solutions for the event industry, has partnered with global insurtech Cover Genius to launch a new embedded ticket protection solution aimed at enhancing buyer confidence and streamlining the refund process for event organizers worldwide.
Equisoft, a global leader in digital solutions for the insurance and wealth management industries, has announced the expansion of Vice President Simon Richardson’s role to spearhead growth initiatives across the UK and Europe.
Home insurance provider Orion180 Insurance has announced a new partnership with Jewelers Mutual, aimed at delivering specialised jewelry coverage alongside standard homeowners policies.
Global analytics leader FICO and digital health innovator dacadoo have announced a strategic partnership to revolutionize life insurance risk assessment and customer engagement.
Ocient, a provider of high-performance data analytics software, has raised $42.1 million in a Series B funding round, bringing its total funding to nearly $160 million since its founding in 2016.
New York-based insurtech startup 1Fort has raised $7.5 million in a new funding round led by Bonfire Ventures, with participation from Draper Associates, Ramp founder Karim Atiyeh, and existing backers including Village Global, Operator Partners, 8‑Bit Capital, Character VC, and Company Ventures.
New Zealand-based underwriting agency Ando Insurance has renewed and expanded its partnership with SSP Worldwide as part of a broader initiative to accelerate its digital transformation strategy.
Manulife has announced the appointment of Stephanie Fadous as its next Chief Actuary, effective May 9, 2025. She succeeds Steve Finch, who was recently promoted to President and CEO of Manulife Asia.
Berlin-based insurtech startup Feather has appointed Eloi Lanthiez to lead its operations in France, as the company accelerates its expansion across Europe.
EIS, a leading provider of cloud-native SaaS core platforms, has launched AbsenceLink™, a next-generation solution designed to transform the way insurers and employers manage disability and leave.
Plymouth Rock has named Kevin Zygmunt as its new Chief Operating Officer, the company announced this week.
Ripe, the digital insurance specialist, has completed its acquisition of GJW Direct, a long-standing UK marine insurance brand, from Munich Re Specialty.
RYZE Claim Solutions has announced the acquisition of Acorn Claims, a Missouri-based adjusting firm known for its nationwide daily and catastrophe claims services.
Chapter, a leading Medicare navigation platform, has announced a $75 million Series D funding round led by Stripes, with participation from existing investors including XYZ Venture Capital, Susa Ventures, Addition, Narya Capital, and Maverick Ventures.
Luma Financial Technologies, a leading platform for structured products and insurance solutions, has successfully raised $63 million in a Series C financing round.
Vienna Insurance Group (VIG) has acquired a 48.82% stake in Phinance, one of Poland’s largest financial brokerage firms, in a strategic move to further solidify its presence in the Polish insurance and financial services market.
Qover, a leading insurtech company, has partnered with BMW and MINI to launch a new embedded motor insurance solution tailored for the Irish market.
UK-based insurtech unicorn Marshmallow has raised $90 million (£68 million) in a combination of debt and equity financing, nearly doubling its valuation to $2 billion.
Klaimy, a French insurtech startup aiming to streamline medical document processing for insurers, has raised €1.2 million in pre-seed funding.
Belgian insurance group Ageas has announced a definitive agreement to acquire UK-based digital personal lines insurer esure from Bain Capital in a deal valued at approximately $1.7 billion.
AU Group, a leading global specialist in Trade Credit and Political Risk insurance, has announced a strategic partnership with Export Trade Group (ETG) and its insurance arm, Export Insurance & Risk Solutions (EIRS).
Luxury Escapes and Cover Genius have announced an expansion of their global partnership, introducing enhanced travel protection options for travellers across Europe, North America, the Middle East, and Asia.
ZestyAI, the leader in AI-driven risk analytics for the insurance industry, today revealed that more than 12.6 million U.S. properties are at high risk of hail-related roof damage, representing $189.5 billion in potential replacement costs.
Resilience, a leading provider of cyber risk solutions, has announced the launch of its Technology Errors and Omissions (Tech E&O) coverage for enterprises in the UK and Europe, expanding its offering to companies with more than £50 million in annual revenue amid rising concerns over business interruption.
Meanwhile, a bitcoin-only life insurance startup, has secured $40 million in a Series A funding round, boosting its total funding to approximately $60 million.
Lincoln Financial Group has announced a landmark strategic partnership with Bain Capital, marking a significant step in its long-term growth strategy.
Coalition, the world’s first Active Insurance provider, today announced the launch of its new Coalition Active Cyber Policy, a reimagined surplus lines cyber policy in the U.S. market.
Cytora, the leading digital risk processing platform, has announced a strategic partnership with Vāyuh, an AI-driven weather forecasting and climate analytics company.
Insurtech innovator Optalitix has announced a strategic partnership with SortSpoke, a leader in AI-powered document processing, to transform how insurers handle underwriting data.
Guardian Life and Janus Henderson Group today announced a wide-ranging strategic partnership that will see Janus Henderson take over management of Guardian’s $45 billion investment grade public fixed income portfolio.
Global insurance broker Lockton has announced a strategic partnership with Axio, a leading provider of cyber risk quantification solutions, to strengthen its cyber risk management capabilities.
Swiss Re Insurance-Linked Investment Advisors Corporation (SRILIAC), a registered investment adviser and subsidiary of global reinsurance leader Swiss Re, will assume co-investment management duties for the range of catastrophe bonds and insurance-linked securities (ILS) funds offered by global asset manager GAM.
Cynozure, a leading data, analytics, and AI strategy consultancy, has announced a strategic partnership with Omni, a next-generation business intelligence (BI) platform.
MNK Group has officially unveiled its new unified brand, marking a major milestone in its global expansion strategy.
Insurtech Insights Europe 2025 conference returned to London in March for its annual event, which serves to bring together experts in insurtech and insurance technology from all over Europe, who want to stay abreast of trends, technology and innovation.
CyberCube, the global leader in cyber risk analytics, has announced a new partnership with Baltimore-based retail insurance brokerage Maury Donnelly & Parr, aimed at enhancing the brokerage’s cyber risk advisory and sales enablement processes.
Beazley, the leading specialty insurer, has appointed Sydonie Williams as Head of International Cyber Risks, highlighting both her extensive expertise and the strength of the company’s internal talent pipeline.
Picture this: A car accident claim arrives at a major insurer. Within seconds, AI analyses
photos, cross-references policy details, and flags potential fraud patterns.
In today’s fast-evolving insurance landscape, growth is not just about market expansion—it’s about innovation, adaptability, and delivering superior value to customers.
MetLife has announced a strategic partnership with technology provider SKYGEN to enhance the way dental providers interact with insurance carriers and simplify the credentialing process.
San Francisco-based healthcare startup Thatch has raised $40 million in a Series B funding round led by Index Ventures, with participation from Andreessen Horowitz, General Catalyst, ADP Ventures, SemperVirens, PeopleTech Partners, and The General Partnership.
Foliume, a pioneer in AI-driven insurance automation, has announced a $1 million seed funding round led by Pitchdrive and Wayra (Telefónica’s investment arm), with participation from prominent insurance distribution and tech leaders.
FurtherAI, a San Francisco-based startup developing AI-powered assistants for the commercial insurance sector, has raised $5 million in a funding round led by Nexus Venture Partners, with additional participation from Pioneer AI Fund, South Park Commons, Y Combinator, ConvergeVC, and Xceedence.
iLife Technologies, a prominent technology provider for the insurance industry, has announced its official rebrand as Infras.
Zurich has announced its investment in Icen Risk, acquiring a significant minority stake in the specialist M&A insurance provider.
Digital bank Monzo has announced the launch of a new renters insurance product, expanding its suite of financial services for UK customers.
Assurant has launched Vehicle Care Technology Plus, a new service contract designed to provide enhanced coverage for modern vehicle owners.
Digital Insurance Network Agentero has announced the launch of Producerflow, an advanced insurance compliance software designed to simplify producer management for carriers, Managing General Agents (MGAs), and agencies.
Prudential Financial has announced that Andrew Sullivan officially begins his tenure as Chief Executive Officer today, March 31, 2025.
Allianz Partners UK has renewed its roadside assistance partnership with Volvo Car UK for another three years, reinforcing a collaboration that has been in place since 2010.
Lloyd’s global insurer and reinsurer, MS Amlin, has announced the opening of a new branch in Sydney, expanding its Asia Pacific Reinsurance business, MS Amlin Pacific Pte. Ltd., to Australia.
Hong Kong-based global reinsurer Peak Reinsurance Company Limited (Peak Re) has received approval to establish a reinsurance branch in India’s Gujarat International Finance Tec-City International Financial Services Centre (GIFT IFSC).
Sompo Insurance has strengthened its presence in Continental Europe after securing regulatory approval to write primary insurance locally in Belgium and the Netherlands.
Insurance technology leader Peak3 is transforming how insurers engage with customers through its groundbreaking accumulator insurance propositions.
A new survey by Cytora, the digital risk processing platform, has highlighted risk digitisation as the leading technology priority for commercial insurers across North America and the UK.
Expert.ai, a leading provider of artificial intelligence enterprise solutions, has announced the launch of its groundbreaking EidenAI Suite at Insurtech Insights 2025, Europe’s premier insurtech event.
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.
Insurtech Insights’ Portfolio of Events and Programs Marks Emerald’s Entry into the Insurance Technology Industry and Community
Peak3, a global insurance technology leader, is accelerating its expansion plans in the UK and European markets following a successful US$35 million Series A funding round.
Ahead of insurtech insights Europe, we get to know Ron Rock and Jobs Ohio a little better!
ResiQuant, an insurtech startup transforming property risk assessment, has announced a $4 million seed funding round led by LDV Capital, with participation from Foothill Ventures, Pear VC, Alumni Ventures, and strategic angel investors.
Global insurtech bolttech has appointed Ridhi Chaudhary, Chief Investment Officer, Dragon Fund by Liquidity and MUFG, to its Board as a Non-Executive Director.
Cinven is on the verge of completing the sale of Viridium Group, Germany’s largest life insurance administrator, to an Allianz-led consortium for €3.5 billion ($3.8 billion).
Sixfold, a pioneer in generative AI solutions for insurance risk analysis, has unveiled a revolutionary AI Accuracy Validator, designed to bolster underwriter confidence in AI-driven risk assessments.
Laka, a specialist bicycle insurer, has announced the acquisition of the Luko e-scooter business in France from Allianz Direct, marking its third acquisition in the past 18 months.
Marsh, a global leader in insurance broking and risk advisory, and a subsidiary of Marsh McLennan (NYSE: MMC), has announced the launch of Cyber Echo Encore, an enhanced version of its flagship Cyber Echo insurance facility.
The insurance industry is in constant motion, and this week has seen a flurry of significant talent shifts. From top-level executive appointments at established giants like Lloyd’s to the recruitment of specialised data scientists and cybersecurity leaders, the industry is making bold moves in its talent strategy.
The countdown is on as Insurtech Insights EU 2025, Europe’s premier insurance technology conference, prepares to open its doors next week, on March 19th, at the InterContinental London – The O2. Industry giants are set to gather, shaping the future of insurance in a dynamic two-day event.
Chubb has announced the creation of a new division, North America Small & Lower Midmarket, consolidating its Lower Middle Market and Digital Small Business divisions to better serve these growing segments.
Kita, a Lloyd’s of London coverholder specializing in carbon insurance, has announced its expansion into Australia, extending its coverage to companies within the region.
ZestyAI’s advanced risk platform will boost Lemonade’s Climate and Property risk decisions.
Norm Ai, a compliance AI platform, has secured $48 million in a recent funding round, signaling strong investor confidence in its technology designed to streamline regulatory adherence within the insurance industry and beyond.
Vitesse, a global treasury and payment provider for the insurance sector, and Five Sigma, an AI-powered claims management technology innovator, have announced a strategic partnership aimed at streamlining claims payouts and enhancing customer experience.
FWD Group Holdings Limited (FWD Group) has announced its full-year results for 2024, marking a significant milestone with its first net profit under the International Financial Reporting Standard (IFRS) 17.
In the dynamic world of insurance, innovation is no longer a luxury, but a necessity. At the forefront of this transformation is Joel Agard, Group Head of Innovation at Zurich Insurance Group.
Insurity, a leading provider of cloud-based software for insurance carriers, brokers, and MGAs, has announced a strategic partnership with InsCipher, an insurtech company specializing in surplus lines tax filing and reporting.
Coalition, a leading provider of Active Insurance focused on proactive digital risk prevention, has released its Cyber Threat Index 2025, revealing critical insights into the evolving cybersecurity landscape.
Marsh has announced the appointment of Andrew George as President of Marsh Specialty, effective immediately.
Joanna England speaks with Nick Ielpo, UK Country Manager and the driving force behind Prima’s expansion into the UK market.
Nirvana Insurance, a California-based trucking insurance startup, has announced an $80 million Series C funding round, propelling its valuation to nearly $850 million.
London-based insurtech Wrisk has announced record-breaking financial results for 2024, marking its third consecutive year of growth across all areas of the business.
Heading into Spring 2025, the investment landscape for insurtech is being shaped by the lingering aftershocks of 2024’s volatile global environment.
Allianz Trade, the world’s leading trade credit insurer, today announced the launch of its standalone Business Fraud Insurance in Ireland, to help firms with more than 20 employees combat the growing threat of employee and third-party fraud.
Outmarket AI, a commercial insurance intelligence platform, has raised $4.7 million in seed funding, marking a significant milestone in its growth and development.
The insurance industry is in constant motion, and this week has seen a flurry of significant talent shifts. From top-level executive appointments at established giants like Lloyd’s to the recruitment of specialised data scientists and cybersecurity leaders, the industry is making bold moves in its talent strategy.
InsureVision, a company specialising in AI-powered contextual driving risk assessment, has announced a $2.7 million seed funding round.
Previsico, an insurtech company specialising in live flood alerts, has secured further funding to support its growth, particularly in the United States.
Manulife has rolled out generative AI (GenAI) tools and learning programs to 100% of its global workforce, marking a significant milestone in its digital transformation strategy.
AXA XL has announced a partnership with Darkweb IQ, a cybercrime prevention firm specializing in ransomware protection, data security, and third-party risk management.
Despite significant growth in microinsurance, nearly 90% of people worldwide remain vulnerable to escalating risks such as climate change, health crises, natural disasters, and conflicts, according to the newly released Landscape of Microinsurance 2024 report.
MAPFRE RE has entered into a strategic three-year partnership with CyberCube to enhance its cyber risk management capabilities and expand its presence in emerging markets.
Insurtech firm CoverForce has raised $13 million in a Series A financing round led by Insight Partners, with additional participation from Nyca Partners.
Fadata, a global leader in core insurance software, has launched the latest version of its flagship solution, INSIS, equipping insurers with enhanced capabilities to streamline operations, improve security, and adapt to evolving market demands.
When disaster strikes, policyholders need swift and reliable payouts. Phillip McGriskin, CEO and co-founder of Vitesse, understands this better than most. His company is transforming the insurance claims process with real-time global payments, cutting through traditional bottlenecks and ensuring rapid relief.
The Colorado FAIR Plan has teamed up with ZestyAI, a leader in AI-powered climate and property risk analytics, to enhance insurance accessibility for homeowners facing coverage challenges due to climate-related risks.
InsuranceDekho, a leading Indian insurtech platform, has announced a US$70 million funding round, co-led by Beams Fintech Fund, Japan’s Mitsubishi UFJ Financial Group (MUFG), and insurer BNP Paribas Cardif through its insurtech fund managed by Eurazeo.
CompScience, a provider of safety solutions and workers’ compensation insurance, has partnered with Bender Insurance Solutions and the California Manufacturers & Technology Association (CMTA) to introduce a new insurance program tailored to California manufacturers.
Kin, a direct-to-consumer, digital home insurance provider, has announced its expansion to offer home insurance coverage throughout the state of California.
Global insurance and reinsurance broker Aon, has completed its acquisition of Mitsubishi Chemical Group’s (MCG) in-house insurance agency business.
Tesla has released its 2024 financial results for its three licensed insurance carrier subsidiaries, which provide coverage for Tesla vehicles in multiple states.
Lloyd’s, the world’s leading insurance and reinsurance marketplace, has released a new systemic risk scenario warning that a hypothetical solar storm could result in global economic losses of up to $2.4 trillion over a five-year period.
Dolphin Technologies has released a no-code platform designed to streamline the implementation of smartphone telematics pilot programs for insurance providers.
Chubb Limited has announced agreements to acquire Liberty Mutual’s property and casualty (P&C) insurance businesses in Thailand and Vietnam, specifically LMG Insurance in Thailand and Liberty Insurance in Vietnam.
Loro and Faura have announced a strategic partnership aimed at providing Property Managing General Agents (MGAs) and Carriers with enhanced digital distribution capabilities and improved risk selection.
Japan Post Insurance is exploring a potential investment of up to $2 billion in a new reinsurance co-investment vehicle sponsored by Global Atlantic Financial Group, a U.S. life, retirement, and annuities insurance and reinsurance company.
Cyber insurance leader Coalition has announced a $30 million equity investment from Mitsui Sumitomo Insurance Co. (MSI), a subsidiary of MS&AD Insurance Group, the largest non-life insurer in Japan and the Asia-Pacific region.
Unum Group has entered into a $3.4 billion reinsurance transaction with Fortitude Reinsurance Company.
Fusion Specialty, a global underwriting agency specialising in mergers and acquisitions (M&A) insurance, has selected Insly to provide end-to-end insurance software across its global operations.
The insurance industry is in constant motion, and this week has seen a flurry of significant talent shifts. From top-level executive appointments at established giants like Lloyd’s to the recruitment of specialised data scientists and cybersecurity leaders, the industry is making bold moves in its talent strategy.
CompScience, a leading provider of AI-driven risk prevention solutions in commercial P&C insurance, has secured $27.6 million in a Series B funding round led by Sands Capital.
Howden Group has acquired Major Insurance Services, a general insurance brokerage located in Bunbury, Western Australia.
Chubb Limited (NYSE: CB) has announced key leadership changes in its European, Middle Eastern, African, and North American operations, effective April 1, pending regulatory approvals.
Swiss Re, Aviva and Hiscox Re & ILS have all reported strong profit margins following the release of their fiscal data – showing impressive growth in several areas.
Lemonade (NYSE: LMND), the homeowners and renters insurance provider, has reported its “best quarter ever”, showcasing strong customer growth and a surge in in-force premiums.
Cytora, a leading digital risk processing platform, has announced a strategic partnership with Confianza, an insurtech specialising in targeted risk selection and loss ratio improvements.
UK-based pet insurance startup Napo has raised £12 million in a Series B funding round, bringing its total funding to date to approximately £36 million.
FloodFlash has announced that it has agreed to be acquired by NormanMax Insurance Holdings, Inc., pending approval from the UK’s Financial Conduct Authority (FCA).
Texas-based insurtech startup Adaptive Insurance has raised $5 million in a seed funding round led by Congruent Ventures, with participation from Montauk Climate, Generation Space, and other private investors.
The CareVoice has announced the launch of its next-generation CareVoiceOS platform, a key development following the company’s Series B funding round last year.
Akur8, a leading provider of machine learning-powered pricing and reserving solutions, has announced an expanded strategic partnership with Deloitte Canada, a global leader in consulting and actuarial services.
Azos, a Brazilian insurtech specialising in life insurance, has secured $30.5 million in a Series B funding round led by Lightrock.
Consumer confidence in artificial intelligence (AI) within the property and casualty (P&C) insurance sector is on the decline, according to Insurity’s 2025 AI in Insurance Report.
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 insurance landscape is constantly evolving, driven by technological advancements, shifting customer expectations, and a dynamic global economy.
CyberCube, a leading provider of cyber risk analytics, has announced a strategic partnership with Feathery, an AI-driven automation solutions company.
Euroins Bulgaria, a subsidiary of Euroins Insurance Group (EIG) and part of Eurohold, has successfully completed a capital increase, raising BGN 115 million (€58.8 million).
Specialty Risk Re (SRR), a collateralised reinsurance company founded in 2024, has announced the successful completion of a $50 million institutional funding round. The investment was led by private equity firm NMS Capital Group.
BlueOrchard Finance, a Swiss impact investment manager, has announced that its InsuResilience Investment Fund II (IIF PE II) has reached its fundraising target of US$100 million.
Adrien Lebègue, CEO of EMEA at Peak3 discusses what lessons UK insurers can take from the APAC region.
Chinese insurtech company Waterdrop has partnered with DeepSeek, integrating large-scale AI models into its insurance operations to drive business growth and innovation.
The insurance industry is in constant motion, and this week has seen a flurry of significant talent shifts. Frm top-level executive appointments at established giants like Lloyd’s to the recruitment of specialised data scientists and cybersecurity leaders, the industry is making bold moves in its talent strategy.
The insurance industry has long relied on human expertise to assess and manage risk, says Karim Derrick, Chief Products Officer at Kennedys IQ. Underwriters, claims handlers, and legal professionals play a crucial role in decision-making, balancing data-driven analysis with professional judgment.
AI-driven insurtech company COVU has increased its Series A financing to $22 million, aiming to scale its artificial intelligence capabilities and expand its market presence.
In an industry often criticised for its slow adoption of technology, Mohandeep (Deep) Singh is leading a revolution. As the Founder and CEO of Agiliux, a pioneering insurtech company, Singh is on a mission to transform how insurance is distributed, managed, and experienced.
MAWDY, the assistance subsidiary of MAPFRE, and Vittoria Assicurazioni, Italy’s eighth-largest non-life insurance company by premium volume, have reinforced their partnership with a new service provision alliance.
SGS Engineering, a major UK retailer of tools and equipment, has partnered with Embri, an embedded insurance platform, to offer customers theft and damage protection at the point of sale.
Resilience, a leading cyber risk solutions company, has announced an expansion of its partnership with RSA to offer US-based businesses access to cyber insurance capacity through the London wholesale market.
Marsh, the world’s leading insurance broker and risk advisor and a business of Marsh McLennan (NYSE: MMC), today announced the addition of significant new capacity to its Fast Track facility, which is projected to reach billion-dollar milestone in 2025.
NEXT Insurance has announced a partnership with ZestyAI to integrate artificial intelligence into its underwriting process, aiming to provide small business owners with more tailored and efficient insurance coverage.
Muffintech, a Berlin-based insurtech startup, has announced a €3.5 million funding round to further develop its AI-driven solutions for insurance companies and brokers.
Delfina, a San Francisco-based company using AI to improve maternal healthcare, has announced a successful $17 million Series A funding round.
Lloyd’s, the world’s leading insurance and reinsurance marketplace, has announced the expansion of its Enhanced Liquidity Fund range with the launch of two new EUR and GBP Enhanced Yield Liquidity Funds.
With over 20 years of experience in financial services, Marina Belezina has developed a sharp business instinct that has guided some of the biggest players in the industry.
ServiceNow has announced the appointment of Nigel Walsh, the former Head of Global Insurance for Google Cloud, as the new head of its Global Insurance division.
Earnix, a global provider of intelligent decisioning SaaS solutions for regulated industries, has unveiled Earnix Copilot, “Alix,” a generative AI-powered assistant designed to enhance productivity and business performance for insurance and banking organisations.
Generali Hong Kong has joined forces with insurtech firm YAS to enhance personalised insurance solutions, integrating cutting-edge technology to deliver smarter, more adaptive coverage for modern consumers.
QBE North America Foundation has partnered with nonprofit InnSure and the City of Salem, Massachusetts, to launch a pilot program aimed at increasing resilience against climate-driven flood risks.
McGill and Partners has become the first London market broker to implement Agentic AI capabilities, launching its own AI agent powered by Salesforce’s Agentforce platform.
CyberCatch Holdings, Inc, a cybersecurity firm specialising in AI-enabled compliance and risk mitigation, has launched an innovative no-application cyber insurance policy as a benefit for businesses using its cybersecurity platform.
Hub International has announced the acquisition of Yavitz Insurance Group, a St. Louis-based insurance agency specialising in commercial and personal coverage.
A new $9.25 million climate risk insurance policy has been launched to protect vulnerable communities in Syria from the devastating impacts of drought, backed by the Insurance Development Forum (IDF), Swiss Re, Hiscox, and Howden, will provide financial relief to support the World Food Programme (WFP) in responding to food insecurity caused by extreme climate events.
Wopta Assicurazioni, an Italian Managing General Agent (MGA), has successfully closed a €4 million funding round, bringing its total investment to €12 million.
The insurance industry is in constant motion, and this week has seen a flurry of significant talent shifts. Frm top-level executive appointments at established giants like Lloyd’s to the recruitment of specialised data scientists and cybersecurity leaders, the industry is making bold moves in its talent strategy.
Convex Group Limited (“Convex”), the international specialty insurer and reinsurer, has announced it has received in-principle approval to launch Lloyd’s Syndicate 1984. The syndicate is expected to begin underwriting in April 2025.
Business insurance provider Vouch has announced the acquisition of StartSure Insurance Services, Inc., expanding its capabilities to better serve high-growth companies and small businesses.
HDI Global Insurance Company, the U.S. subsidiary of international corporate and specialty insurer HDI Global SE, has announced the launch of a new Environmental Liability product line to expand its presence in the environmental risk sector.
Clearcover, a next-generation auto insurer, has launched the Clearcover Inter-Insurance Exchange (CIX), a reciprocal insurance exchange aimed at expanding its presence in the non-standard auto insurance market.
High Definition Vehicle Insurance (HDVI), a technology-driven commercial auto insurance provider, has secured $40 million in growth capital, bringing its total funding to over $87 million.
GRAIL, Inc. and Quest Diagnostics have announced a collaboration to streamline physician access to GRAIL’s Galleri® multi-cancer early detection (MCED) test.
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.
McGill and Partners, the independent global specialty insurance and reinsurance broker, today announces the launch of Auton Green, an expansion of its fully digital, auto-follow facility, Auton, to include additional, market-leading capacity for onshore renewable energy risks.
McKenzie Intelligence Services (MIS) and the California Insurance Emergency Response Association (CIERA) have announced a one-year partnership to enhance insurance industry coordination in response to major catastrophic events in California.
Cynozure, a leading data, analytics, and AI strategy consultancy, has launched its latest report, The Path Ahead: Priorities, Challenges, and Opportunities for Data Leaders in 2025.
Africa Specialty Risks (ASR) has appointed Sylvain Coutu as Head of Innovation and Sustainability, reinforcing its commitment to developing parametric insurance solutions in emerging markets.
MAPFRE has reported €992 million in net profit for 2024, reflecting a 29% increase from the previous year.
With projections indicating that over 100,000 new homes could be built in flood-prone areas across the UK in the next five years, Swiss Re is calling for urgent government action to mitigate future risks.
Comulate, a startup specialising in accounting automation and revenue intelligence for insurance brokers, has raised $20 million in a Series B funding round led by BOND and Workday Ventures.
SelectQuote Insurance Services, a leading Medicare broker, has announced a $350 million strategic investment from funds managed by Bain Capital, Morgan Stanley Private Credit, and Newlight Partners.
Duck Creek Technologies, a leading provider of intelligent solutions for the property and casualty (P&C) and general insurance industry, has announced a strategic partnership with Worldpay, a global leader in payments technology.
Intelligent automation specialist, Neutrinos, has launched its AI Agent Composer, a cutting-edge platform designed to help insurers integrate AI-driven decision-making, automate complex tasks, and enhance customer engagement.
ZestyAI, a leading provider of AI-powered climate and property risk analytics, has partnered with Safepoint Holdings to enhance precision underwriting and streamline property inspections through artificial intelligence.
Marsh has announced the appointment of Nigel Hinshelwood as Chair of Marsh Limited in the UK, effective March 31, 2025, pending regulatory approval. He will succeed Tom Colraine in the role.
Alpha Insure, a leading South African insurance underwriter, has selected Akur8’s next-generation pricing and reserving platform to enhance its pricing capabilities.
Legal & General (L&G) has announced the sale of its U.S. term life insurance business to Japan’s Meiji Yasuda for $2.3 billion, marking a significant shift in its U.S. operations.
Sun Life U.S. has expanded its Family Leave Insurance (FLI) offering to Georgia, Louisiana, Mississippi, and South Carolina, further broadening access to paid leave benefits for workers in these states.
Vigil, a data platform for the annuity industry, has raised $1.3 million in pre-seed funding to expand its API-driven automation solutions for insurance carriers.
Zurich is strengthening its European presence with the acquisition of 4Care (For Care SpA) in Italy, while simultaneously introducing key enhancements to its private client insurance products in the UK.
Business insurance startup Upcover has raised $19 million in funding to fuel its expansion, including $11 million in Series A investment led by RealVC, with participation from Antler Elevate, BetterLabs, and Gandel Invest.
MAPFRE Re has announced a reconfiguration of its organizational structure, set to take effect on March 1, 2025, as part of its efforts to enhance strategic focus, expand its Life business, and strengthen relationships with clients and brokers.
Cytora has launched version 3.0 of its digital risk processing platform, featuring enhanced capabilities powered by agentic AI.
CLARK, Europe’s leading digital insurance broker, has introduced its first fully digital underwriting solution in the UK through its brand Polly.
Pinpoint Predictive, Inc., a leading risk assessment platform for Property and Casualty (P&C) insurers, has announced a strategic partnership with Lightspeed Specialty Insurance Solutions to integrate advanced loss prediction technology into Lightspeed’s pricing models.
The insurance industry is in constant motion, and this week has seen a flurry of significant talent shifts. Frm top-level executive appointments at established giants like Lloyd’s to the recruitment of specialised data scientists and cybersecurity leaders, the industry is making bold moves in its talent strategy.
EIS, a leading SaaS core platform provider for the insurance industry, has announced that Sompo Japan Insurance Inc. (Sompo Japan) has selected its advanced AI fraud detection solution, ClaimGuard™, to enhance its efforts in preventing fraudulent automobile insurance claims.
IAG Firemark Ventures, the corporate venture capital arm of general insurer IAG, has announced an investment in 7Analytics, a flood data platform that enhances insurers’ ability to assess flood risks in response to urbanisation and climate change.
LoadStar Insurance Services, a managing general agent (MGA), has partnered with Redkik, a global software provider specialising in logistics and transportation insurance, to modernise customs inspection coverage.
Markel, the insurance division of Markel Group Inc. (NYSE: MKL), has successfully migrated Guidewire ClaimCenter from an on-premise system to Guidewire Cloud, streamlining claims processing and IT operations for its U.S. specialty lines.
Resilience, a leading cyber risk solutions provider, has introduced Vendor Risk Report (VRR), an integrated tool designed to help enterprises assess and mitigate third-party cyber risks within their supply chains.
The insurance industry started 2025 with a wave of mergers and acquisitions, as companies sought to expand their market reach, strengthen capabilities, and enhance digital transformation efforts.
According to the Global Insurance Market Index released today by Marsh, the world’s leading insurance broker and risk advisor and a business of Marsh McLennan (NYSE: MMC), global commercial insurance rates fell 2% in the fourth quarter of 2024 following a 1% decline in Q3 2024 – and marking the second consecutive quarterly decrease following seven years of rising rates.
WisePal, a financial wellness startup, has launched its own in-house independent insurance agency, leveraging Bindable’s Insurance-as-a-Service platform to offer property and casualty (P&C) insurance directly to its customers.
Qantev, a leading AI-driven claims management platform for health and life insurance, has announced a strategic partnership with INSTANDA, the fastest-growing and largest no-code policy administration platform in the global insurance market.
Insurtech Faura has joined Guidewire’s Insurtech Vanguards program, an initiative led by property and casualty (P&C) cloud platform provider, Guidewire, to help insurers learn about the newest insurtechs and how to best leverage them.
ARMD, a UK-based insurance MGA dedicated to serving the £6.5 billion tradespeople market, has announced a multi-year capacity agreement with Accelerant, a technology-driven risk exchange provider.
Duck Creek Technologies has unveiled its Payments Marketplace, an end-to-end payment ecosystem designed to streamline transactions and enhance customer experiences for insurers worldwide.
Zurich Insurance Group has signed a long-term carbon dioxide removal agreement with Nellie Technologies, marking a significant step in its corporate decarbonization strategy.
Lockton, the world’s largest independent insurance broker, has named Mark Jones as its new International Chief Financial Officer (CFO), effective immediately.
Aon has announced a partnership with Joshin, a provider of neurodivergent and disability support services, to help employers improve workplace inclusivity and access data-driven insights on neurodiversity programs.
In a significant move to enhance workers’ compensation coverage options, Bold Penguin has announced a new partnership with EMPLOYERS.
Healthee, an AI-powered employee health solutions provider, has published its first-ever industry report, “The 2025 Benefits Divide,” offering a retrospective analysis of 2024 workplace health and benefits trends.
The American Association of Insurance Services (AAIS) has announced that Inforce has joined its Partner Program.
Hiscox has launched a new Financial Institutions (FI) insurance offering, providing tailored coverage for banks, insurance companies, and asset managers worldwide, with a particular focus on North America, the UK, Australia, and Europe.
San Diego-based XILO, a provider of quoting software for independent insurance agencies, has successfully raised $7.2 million in its latest Series A funding round.
Trucordia has announced the acquisition of CADA Insurance Services’ insurance business, further strengthening its footprint in Louisiana.
Tesla has launched its first-ever insurance discount for drivers using its Supervised Full Self-Driving (FSD) technology, offering savings of up to 10% on premiums for policyholders in Texas and Arizona.
Adapting to climate change: A call for flood risk collaboration among insurers, Government, and industry by Jonathan Jackson, CEO of Previsico
World Insurance Associates, a Top 50 insurance brokerage, has announced the acquisition of Stern Insurance Group (SIG), based in Scottsdale, Arizona.
Home insurance startup Openly has announced a $193 million growth financing round, bolstering its expansion efforts and reinforcing its position as a leader in the insurtech space.
The Allstate Corporation has announced a definitive agreement to sell its Group Health business to Nationwide for $1.25 billion in cash, subject to closing adjustments and regulatory approvals.
The insurance industry is in constant motion, and this week has seen a flurry of significant talent shifts. From top-level executive appointments at established giants like Lloyd’s to the recruitment of specialised data scientists and cybersecurity leaders, the industry is making bold moves in its talent strategy.
DeepSeek, the Chinese artificial intelligence (AI) model that has taken the tech world by storm, continues to make waves with its latest industry partnership.
Ki Insurance, the algorithmically-powered Lloyd’s digital follow platform, has announced a partnership with QBE Insurance. QBE will become a capacity partner on the platform, expanding the range of insurance solutions available to brokers.
Lloyd’s, the world’s leading marketplace for insurance and reinsurance, has announced the appointment of Alexandra Cliff as its new Chief Financial Officer (CFO), effective May 1, 2025.
Hedgehog Risk, a specialist provider of sports and prize insurance, has received a significant investment from SIG Insurance, part of the Susquehanna International Group, a global quantitative trading and investment firm.
CyberCube, a leading provider of cyber risk analytics software, has announced a strategic partnership with Acclaim Insurance Brokers, one of Singapore’s premier risk consultants and insurance brokers.
Insurtech companies have kicked off 2025 with a bang, securing significant funding rounds in January. This surge in investment signals a promising start to the year for the industry, with investors expressing confidence in the sector’s potential for growth and innovation.
French insurtech unicorn Alan has reported a significant increase in annual recurring revenue (ARR), reaching €505 million in 2024—a 48% growth from the previous year’s €340 million.
Pula Foundation, a Rwandan-based insurtech company, has received a €10 million grant from the Bayer Foundation to expand access to climate risk insurance for 10 million smallholder farmers by 2030.
Nationwide is extending the reach of its Securities-Backed Line of Credit (SBLOC) offering, Nationwide Smart Credit, through a strategic partnership with Integrity Wealth.
Wopta Assicurazioni, an Italian insurtech company, today announced the successful completion of a funding round that included a club deal led by Belluzzo International Partners, bringing total funding to €12 million.
Mangrove Property Insurance Company, a newly formed Florida insurer, has received regulatory approval to begin offering property and casualty insurance to homeowners in the state.
London Underwriters (LU)has announced a partnership with NormanMax Insurance Solutions (NMIS) to expand its offerings of parametric insurance solutions.
Berkshire Hathaway Specialty Insurance (BHSI) announced the appointment of Francesco Longobardo as Head of Casualty in Italy, further expanding its leadership and underwriting capabilities in the region
London Underwriters LLC (LU), a leading national wholesale insurance broker, has announced a strategic partnership with Blitz Insurance to enhance access to Specialty Excess & Surplus (E&S) coverage.
Discover how AI, climate change, and other forces are reshaping the insurance landscape. This list features five webinars to add to the diary, that offer valuable insights and explore innovative solutions for industry professionals.
AXA XL has appointed Tim Whisler to lead its Wholesale Business in the Americas. Reporting to Lucy Pilko, CEO Americas, he will oversee the company’s Programs and Excess & Surplus (E&S) segments and lead the Wholesale Underwriting unit.
AIG has announced an expanded leadership role for Jon Hancock as the company reorganises its operations into three distinct business segments: North America Commercial Insurance, International Commercial Insurance, and Global Personal Insurance.
Aviva has selected AutoRek, a leader in automated reconciliation solutions, to enhance its reconciliation and CASS compliance processes.
Data analytics and pricing solutions Insurtech Optalitix, has announced its partnership with Tokio Marine HCC International (TMHCCI) to enhance its London Market underwriting and pricing systems.
AXA UK has been awarded the 2025 UK Underwriting Service Quality Marque (SQM) by Gracechurch, an independent insurance research consultancy specialising in performance benchmarking. This accolade highlights AXA’s exceptional underwriting service in the UK regional market.
Carbon Underwriting, the specialist independent managing general underwriter and Lloyd’s syndicate, has announced a major step forward with the launch of its international healthcare division.
John Carter, the President and Chief Operating Officer of Nationwide Financial, has announced his plans to retire at the end of the year, concluding a remarkable 40-year career in the financial services industry.
Chubb has announced two key leadership appointments within its Overseas General Insurance (COG) business.
Previsico, a leader in flood forecasting, has partnered with Descartes, a global provider of corporate parametric insurance solutions.
Prudential Financial, Inc. (NYSE: PRU) and Dai-ichi Life Holdings announced today their intent to pursue a strategic partnership focused on product distribution and asset management capabilities.
Italian insurer Generali has announced a strategic research collaboration with the Massachusetts Institute of Technology (MIT) to develop cutting-edge applications of Artificial Intelligence (AI) that could reshape the insurance industry.
MGT Insurance, an AI-powered commercial insurance provider, today announced the launch of MGT Specialty, a new surplus lines E&S company.
The Coalition for Green Capital (CGC) today announced a significant investment of $200 million in GreenieRE, a newly formed insurance company dedicated to supporting the growth of clean energy projects.
FastTrack, a leading provider of claims solutions and services to the life and disability insurance industry, today announced a partnership with RGA to bring its advanced digital life and life waiver of premium workflow automation and claims system technology to clients and prospects.
The insurance industry is experiencing a wave of activity, with recent executive appointments and departures sparking notable shifts. From leadership changes at major insurers to strategic hires at startups, the sector is in a period of significant transition.
Equisoft has announced the acquisition of VisCalc, an Atlanta-based provider of SaaS illustration software for small to mid-sized life insurance carriers.
The Fidelis Partnership, a leading Bermuda-based Managing General Underwriter (MGU), has announced its participation in the International Group of P&I Clubs’ (IGPIA) historic $3.1 billion global marine liabilities reinsurance program.
Aon plc (NYSE: AON), a leading global professional services firm, today announced the appointment of Puneet Swani as head of Talent Solutions for Asia Pacific.
Aon, a leading global professional services firm, today announced the launch of a dedicated life and health reinsurance practice in India.
Descartes Underwriting, a global corporate insurer, today announced the launch of a new parametric insurance product designed to protect utility-scale solar farms against tornado damage.
Qantev, an AI leader in health and life insurance, and InsureMO, a foundational platform for the global insurance ecosystem, today announced a strategic partnership.
Weecover, the Barcelona-based insurtech innovator specializing in embedded insurance, today announced the successful closing of a €4.2 million funding round.
Dubai International Financial Centre (DIFC) has announced a strategic collaboration with Lloyd’s, the world’s leading insurance market, to drive talent development in the insurance and reinsurance industry.
The Extreme Event Solutions group at Verisk (Nasdaq: VRSK), a global leader in data analytics and technology, has released estimates for insured industry losses resulting from the Palisades and Eaton fires.
Knighthead Insurance Group has acquired Merit Life Insurance Co., marking its expansion into the U.S. market with a rebranded entity, Knighthead Life.
DUAL Europe has announced the launch of DUAL Cyber Active Protect, a new product that combines comprehensive Cyber Insurance with proactive Cyber prevention services, and a new entity, DUAL Cyber Prevention and Response (DUAL CPR), which offers customized incident prevention and management solutions.
Canada’s insurance landscape is set for a transformative shift as Beneva, the country’s largest mutual insurer, and Gore Mutual, one of its oldest property and casualty mutual insurers, announce their plans to merge.
Celonis has launched a new AI Agent that helps prevent insurance claim leakage. Co-developed by Celonis and Apolix the new Claims Management Control Center app provides end-to-end visibility into the insurance claims process and actionable insights to reduce leakage by optimising throughput time, prioritisation, and process adherence.
Flow Specialty, the wholesale 3.0 specialty commercial brokerage, is announcing the industry’s first AI insurance broker.
Jove, an insurtech company specialising in business insurance solutions, has launched a groundbreaking Pan-European Business Liability Insurance product.
Award winning pet insurance brand ManyPets, is announcing the appointment of Shane Larkin as Chief Marketing Officer.
Qumis, an innovative AI-powered platform designed to assist insurance professionals, today announced the closing of a $2.2 million pre-seed funding round.
Insurity, a leading provider of cloud-based solutions for insurance carriers, brokers, and MGAs, today released its 2025 AI in Insurance Report, highlighting key consumer opinions on the use of artificial intelligence (AI) in P&C insurance, specifically how it pertains to severe weather.
Resilience has announced several promotions as its global growth continues to accelerate. Building on its industry-leading loss ratio, the expansion of its cyber risk management software, and its expanded appetite for its insurance offerings over the past year.
Cytora, a leading digital risk processing platform, has announced a strategic partnership with Smarty, an advanced property data solutions provider, to redefine property underwriting and risk evaluation for insurers.
Naked, the South African insurtech company, has announced the successful closing of a $38 million (approximately R700 million) Series B2 funding round.
Gallagher Re, a leading reinsurance broker, has warned that annual insured losses from natural catastrophes are approaching a new normal of $150 billion.
For the third consecutive year, SkySafe, a leading developer of drone detection and airspace security software, has renewed its partnership with the Farmers Insurance Open to provide advanced airspace protection at the prestigious PGA TOUR event.
Budget Direct Insurance, a prominent digital insurer in Singapore, has launched a new Commercial Vehicle Insurance product tailored to meet the diverse needs of businesses.
Security First Insurance and Embark MGA have partnered to launch an innovative home insurance program designed specifically for Florida’s new home builders.
SBLI has announced a partnership with Swiss Re to implement Underwriting Ease, an innovative tool designed to streamline the life insurance underwriting process.
As countries around the world hone frameworks for AI usage – the most recent of which was the UK, global insurance companies are already well ahead of the curve, copiloting new tools and solutions, and implementing the technology to streamline their operations, customer services and fraud detection systems.
Prudential Financial has announced a partnership with Penguin Benefits to launch an innovative leave planning tool aimed at simplifying leave options for both employees and employers.
Urban Jungle, the leading insurtech provider, today announced the launch of its travel insurance product, marking a significant milestone for the company as it expands its product offerings beyond home insurance.
Lloyd’s, the world’s foremost marketplace for insurance and reinsurance, has announced a significant achievement for its London Bridge risk transformation platform, which reached a capital deployment milestone of $1.92 billion by the end of 2024.
Lazada, Southeast Asia’s leading eCommerce platform, and Peak3, a global leader in insurance technology, have announced the launch of a joint venture (JV) to build the leading digital and embedded insurance ecosystem in Southeast Asia.
MiKargo247, the leading provider of on-demand insurance for one-way, spot cargo shipments, today announced a partnership with Falvey Insurance Group.
Instabase, a leading provider of applied artificial intelligence (AI) solutions for unstructured data, today announced the closing of a $100 million Series D funding round led by QIA, with participation from existing investors Greylock Partners, NEA, Andreessen Horowitz, and Index Ventures.
Tokio Marine Holdings has announced the appointment of Masahiro Koike as its new President and CEO. Current President and CEO Satoru Komiya will transition to the role of Chairman of the Board.
Olé Life, a leading Latin American InsurTech company, has successfully raised $13 million in a Series B funding round led by PayPal Ventures.
The insurance industry has seen a surge of activity in recent weeks, with a series of executive appointments and departures creating notable shifts across the sector. From major leadership changes at established insurers to strategic hires at innovative startups, the industry is undergoing a significant period of transition.
Zurich North America today announced a restructuring of its operations, creating a new Specialties business unit encompassing Construction, Surety, and Financial Lines.
The Well Done Foundation (WDF) has launched “Insured Carbon,” a program offering high-integrity carbon credits backed by a custom parametric insurance program provided by AXA.
GBSAPRI Group, a leading independent insurance broker in Italy, announced two strategic acquisitions to bolster its growth strategy.
Africa Specialty Risks (ASR), a leading (re)insurance group focused on Africa and the Middle East, has announced the operation of Africa Specialty Risks Mauritius as a Lloyd’s service company.
Reinsurance Group of America (RGA), Incorporated, a leading provider of life and health reinsurance, has announced a strategic investment in PACT Capital LLC, an independent investment firm specialising in middle-market alternative asset management.
DARAG Group, a leading legacy acquirer, has entered into an agreement to acquire a run-off portfolio from wefox Insurance AG.
Majesco, a leading provider of cloud-based insurance solutions, today announced that CEO Adam Elster has been recognised as one of the Top 50 Financial Technology CEOs of 2024 by The Financial Technology Report.
Equisoft commissioned LIMRA to conduct research in collaboration with UCT to assess data readiness for AI in the life insurance industry. This report enables life insurance carriers to evaluate their data readiness and benchmark critical areas for data modernization investment and prioritization.
State Farm, the largest insurer in California, has received over 6,700 claims for home and auto damages resulting from the recent wildfires in Los Angeles. As of the morning of January 14th, 2025, the insurer has been actively assessing and processing the claims.
Rainbow, a managing general underwriter (MGU) specialising in business insurance, has announced the successful close of an $8 million Series A funding round led by Zigg Capital.
Mike Lloyd, co-founder and former COO of cyber insurance startup Corvus Insurance, has launched Pine View Insurance Group, a new independent agency specialising in high-net-worth insurance.
Transamerica has introduced a refreshed brand identity, showcasing a modernised logo inspired by the iconic Transamerica Pyramid and a vibrant new visual design.
New York Life Insurance today announced a $150,000 pledge to support disaster-relief efforts in response to the devastating wildfires currently impacting the Los Angeles region.
Neelesh Parekh, Innovation & Growth Director Financial Services & Insurance, Zühlke, discusses ways to streamline and enhance the underwriting process.
InnSure, a nonprofit innovation hub dedicated to developing insurance solutions to tackle climate change risks, has announced the winners of its $5 million Insurance Innovation Prize.
Clearcover, a next-generation insurance provider, has announced a strategic partnership with Claim Genius, a global leader in AI-driven damage assessment and claim estimation solutions.
Bikmo, the specialist cycle insurer known for its comprehensive and tailored insurance products for cyclists and the bike industry, has announced a new partnership with premium cycling brands Santa Cruz and Cervélo.
Optalitix, a leading provider of cloud-based pricing and underwriting solutions, has announced its partnership with CannGen Insurance Services, LLC (CannGen), a pioneer in providing tailored insurance products to the cannabis, CBD, and hemp industries.
Cachet, a leading provider of insurance technology, today announced a new partnership with HDI Global SE and Bolt Drive in Germany.
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.
Charles Taylor has announced the appointment of Cesar Augusto de Aragao Alves as Head of Brazil. This strategic move strengthens Charles Taylor’s commitment to the Latin American market, which has seen significant growth in recent years.
Moody’s Corporation (NYSE: MCO) has announced an agreement to acquire CAPE Analytics, a leader in geospatial AI intelligence for residential and commercial properties.
Overhaul, a leading provider of supply chain risk management and intelligence solutions, has announced the successful completion of a $55 million equity funding round.
Global law firm Norton Rose Fulbright has announced the launch of the eighth annual Insurathon competition, designed to support start-up and scale-up technology businesses driving innovation in the insurance sector.
Global broking and advisory firm Willis Towers Watson (WTW) has introduced a cutting-edge cyber insurance facility, CyCore Asia, designed to address the escalating cyber security risks facing businesses in Hong Kong and Singapore.
Prime Minister Sir Keir Starmer has unveiled the government’s ambitious AI Opportunities Action Plan, outlining a vision for the UK to become an AI superpower.
UniVista Insurance, a leading distributor of insurance products and services to Hispanic communities in Florida and Texas, has announced a majority investment from GRAM’s Americas Buyout Fund (GRAM ABF), the Private Equity division of GRAM.
The Savings Bank Mutual Life Insurance Company of Massachusetts (SBLI) has partnered with Swiss Re to enhance its life underwriting process using Swiss Re’s innovative Underwriting Ease solution.
Zurich Insurance has announced a new partnership with Zeekr Hong Kong, a leading provider of premium electric vehicles (EVs).
The inferno that swept through Los Angeles this week left behind more than charred landscapes and ruined homes; it also unleashed a secondary crisis that many residents may find equally devastating: the battle to reclaim their insurance benefits.
Cytora, a leading provider of digital risk processing platforms, today announced a partnership with Moody’s RMS, a global leader in catastrophe risk modeling and solutions.
AIG today announced the appointment of Christopher Flatt as Global Chief Underwriting Officer, effective immediately
USAA has announced the appointment of Juan C. Andrade as its next president and chief executive officer, effective April 2, 2025.
McGill and Partners, a leading independent global specialty insurance and reinsurance broker, has launched a pioneering war risk reinsurance facility for commercial property in Ukraine.
The insurance industry has been buzzing with activity in recent weeks, with a flurry of executive appointments and departures shaking up the sector. From key leadership changes at major insurers to new hires at innovative startups, the industry is experiencing a period of significant transition.
Pet insurance provider ManyPets today released its financial results for the year ending March 31, 2024, revealing a net loss of £33 million.
Direct Line Group (DLG), the company behind iconic UK brands like Direct Line, Churchill, and Green Flag, has introduced an industry-leading Vehicle Damage Assessor (VDA) accreditation program.
Parsyl Inc., a data-powered insurer of complex supply chains, today announced it has raised $20 million in new funding to accelerate its growth strategy.
Africa Specialty Risks (ASR), a leading (re)insurance group focused on Africa and the Middle East, has announced the launch of Baobab, the first-ever Africa-focused Lloyd’s Consortium.
The Hartford has strengthened its global reach with the opening of a new service company in Singapore.
ZestyAI, a leader in AI-powered climate and property risk analytics, has announced that its Severe Convective Storm suite—comprising Z-HAIL, Z-WIND, and Z-STORM—has been approved by the Missouri Department of Insurance.
Lloyd’s today announced that Chief Executive Officer John Neal will be leaving Lloyd’s in 2025, after leading the world’s marketplace for insurance and reinsurance for over six years.
Farm Bureau Insurance Company of Idaho, the largest property-casualty insurer headquartered in the Gem State, has partnered with Akur8 to integrate its cutting-edge machine-learning platform into the insurer’s pricing process.
Boxx Insurance has announced the launch of Cyber Assist, a new cybersecurity solution for business travelers, developed in partnership with World Travel Protection.
Agentech, a leader in AI-driven claims automation, has announced its selection for the NVIDIA Inception Program, an exclusive accelerator for startups leveraging AI and high-performance computing.
Jones, a leading AI-driven vertical software company specialising in insurance verification for real estate and construction, has announced the successful close of a $15 million Series B funding round.
VIG Re has announced organisational changes to its Board of Management designed to enhance the company’s strategic direction and drive operational efficiency.
Clearcover has announced the launch of Clearcover General Agency (CGA) to serve the non-standard auto insurance market in Texas.
Matic Insurance, a leading provider of embedded insurance solutions, today announced it has secured $30 million in growth funding from Vistara Growth.
Hong Kong defies expectations, boasting double-digit insurance growth despite unfavorable demographics, thanks to its unique position as a global gateway, says Edward Moncreiffe HSBC’s CEO of Global Insurance
AmeriLife, a leading developer, marketer, and distributor of life and health insurance, annuities, and retirement planning solutions, has announced an agreement to acquire Crump Life Insurance Services and Hanleigh Management from TIH Insurance Holdings.
Insly, a low-code software provider for the insurance industry, has officially joined the Underwriting Agencies Council (UAC), underlining its dedication to serving the Australian market.
INVO Underwriting has announced its acquisition of Madison Independent Agency Network (MIAN) in a strategic move to enhance support and resources for MIAN agents.
FWD Group Holdings Limited (“FWD Group” or “FWD”) has announced the appointment of Tsuyoshi Ijichi, as Representative Director, President and Chief Executive Officer, FWD Japan, effective 14 January 2025.
ICEYE has successfully closed a $65 million extension to its growth funding round, bringing its total capital raised in 2024 to $158 million.
AI is a long way off replacing the trust customers have in a human intermediary, crypto will provide new payment opportunities in the insurance industry – and attracting fresh talent has to start with mentorship and investment.
Global law firm Clyde & Co announced today its merger with Dallas law firm Tillman Batchelor LLP.
AXA has become the first global insurer to join the Stanford Human-Centered Artificial Intelligence (HAI) Corporate Affiliate Program.
In a groundbreaking partnership, Allianz Deutschland has joined forces with the German Bobsleigh and Tobogganing Association (BSD) to enhance safety measures in the high-speed sport of bobsleighing.
Zurich Singapore has announced a partnership with ComfortDelGro, a leading multi-modal transport operator, to offer travel insurance to customers booking trips to Singapore Changi Airport through the CDG Zig ride-hailing app.
Allianz Life has announced a strategic partnership with Empower to introduce the Allianz Lifetime Income+® Annuity on Empower’s retirement plan platform.
AXA – Global Healthcare has introduced an innovative digital solution designed to revolutionise health and wellbeing management.
Marsh McLennan Agency (MMA) has announced the acquisition of Acumen Solutions Group LLC, a full-service insurance agency based in Melville, New York.
NFP, a leading insurance broker and consultant, announced today the acquisition of Capstone Strategies, LLC, a P&C and benefits broker based in Midland, Texas.
Hiscox has appointed Frank Lamantia as Chief Technology Officer, effective January 21, 2025.Lamantia will report to both Mary Boyd, CEO of Hiscox USA, and Chris Loake, Hiscox Group CIO.
Sentry Insurance today announced the successful completion of its acquisition of The General®, a leading provider of non-standard auto (NSA) insurance, from American Family Insurance. The $1.7 billion transaction, initially announced in September, marks the largest acquisition in Sentry’s 120-year history.
Bold Penguin has appointed Peter Settel as its new Chief Executive Officer and President. The insurtech supports commercial insurance carriers and agents through its AI-driven quoting platform paired with a commercial insurance exchange that helps agents match businesses with the best quotes.
Allianz SE solidified its position as the world’s largest insurance company by nonbanking assets for the fifth consecutive year, according to AM Best’s latest rankings.
Allianz Partners and Mazda Motor Europe have announced an expansion of their partnership for Premium Roadside Assistance services.
AIG has announced the launch of Syndicate 2478 at Lloyd’s. Managed by Talbot Underwriting, the syndicate has received approval for a US$715 million stamp capacity for its inaugural year.
AIG has announced the completion of the sale of its global personal travel insurance and assistance business, including the well-known Travel Guard brand, to Zurich Insurance Group.
Healthcare services company NeueHealth today announced a definitive merger agreement to be acquired by an affiliate of New Enterprise Associates (NEA) for approximately $1.3 billion.
Wefox, the European insurance technology company, is close to securing a significant funding package led by Searchlight Capital Partners, the private equity firm behind travel company Secret Escapes.
Redline Underwriting, a Lloyd’s coverholder specialty underwriting firm, has announced the launch of a new General Aviation Insurance solution, developed in collaboration with Allianz Commercial UK.
AirAsia and Tune Protect have launched AirAsia Comprehensive Travel PLUS in Singapore, offering enhanced travel coverage for AirAsia flights departing from the city.
The Standard has announced the launch of its enhanced Absence Management platform, which will take place on January 1, 2025.
DvSum, a leading provider of data intelligence solutions, has joined Guidewire’s Insurtech Vanguards program, a community designed to foster innovation within the P&C insurance sector
Leading global insurance brokerage, Gallagher, has announced the acquisition of M.J. Schuetz Insurance Services, an Indianapolis-based firm known for its expertise in property/casualty, surety, and bonding services. Terms of the deal were not disclosed.
Nexus Underwriting (‘Nexus’), a Brown & Brown group business, announces today that it has entered into an agreement to acquire Arma Fusion Limited, the parent company of Arma Underwriting Limited (‘Arma’).
RiverStone International today announced that it has signed an agreement with the French branch of Zurich Insurance Europe and Zurich Insurance Company to provide a loss portfolio transfer reinsurance (LPT) and an insurance business transfer relating to the French discontinued motor and architects & engineers (A&E) professional indemnity portfolios.
For insurance carriers, the Christmas season represents a unique period of heightened claims activity across all lines of business. While the holidays are a time of joy and celebration, they also bring increased risks tied to festive traditions, seasonal travel, and unpredictable winter weather.
2024 was a year of significant shifts in the global economy, marked by international conflict, inflation and rising interest rates, an uncertain political future and of course, the start of the AI evolution.
In this latest Thought Leadership piece, Derren Nisbet, CEO of Virtuoso QA discusses the human future of innovation as AI becomes omnipresent.
The most seductive element of AI is its promise to autonomously automate repetitive tasks, but its potential reach extends well beyond this to encompass many high-skilled roles that involve structured processes, says James Bent, VP of Solutions Engineering at Virtuoso QA
bolttech has announced Dragon Fund, by Liquidity and MUFG, is leading bolttech’s Series C funding round alongside investors Baillie Gifford, Generali – through Lion River, the Group’s company dedicated to Private Equity, and others, which is expected to total more than US$100 million.
Global professional services firm Aon has announced a significant enhancement to its Climate Risk Monitor solution, integrating advanced flood risk capabilities through a new partnership with flood risk expert Fathom.
Earnix, a leading provider of AI-powered insurance solutions, has partnered with Tokio Marine North America Services (TMNAS) to create a centralized data repository.
Tokio Marine Kiln (TMK), a leading international insurer, has unveiled a groundbreaking report highlighting the critical role insurance can play in driving growth in the global FemHealth sector, which is projected to expand from £28 billion to £103 billion by 2030.
Cytora, the leading digital risk processing platform, has partnered with global catastrophe risk modeling and solutions company Moody’s RMS.
Zurich Resilience Solutions, the commercial risk advisory unit of Zurich Insurance Group, has launched Climate Spotlight, a state-of-the-art digital solution designed to help businesses and public entities tackle climate risks.
Blink Parametric, a leading provider of parametric insurance solutions, has partnered with Zurich Indonesia to launch “FlyEasy,” a real-time flight delay coverage solution.
Bikmo, the specialist cycle insurer, has secured an additional £4.75 million in funding from Puma Growth Partners. The investment will fuel Bikmo’s growth in Europe, particularly in direct sales, partnerships, leasing, and commercial channels.
Applied Underwriters has announced that the American Atlantic Assurance Company, part of the North American Casualty group, will officially commence underwriting operations on January 1, 2025.
MetLife, a leading global financial services company, has announced the appointment of Nick Nadgauda as Executive Vice President and Chief Information Officer, effective March 10, 2025.
Prudential Financial, Inc. has announced a new strategic partnership with Empathy, a leading bereavement support platform, to enhance its workplace benefits by offering holistic support for families navigating the loss of a loved one.
OAK Re, a newly approved Lloyd’s Syndicate, has announced a strategic partnership with Moody’s to enhance its risk modeling capabilities.
McGill and Partners, the independent global specialty insurance and reinsurance broker, has announced the appointment of Andre du Preez as Head of Emerging Technology.
Lockton, the world’s largest independent insurance broker, has announced the appointment of Luke Speight as its UK Head of Fintech and Digital Assets.
Hostaway, a leading provider of vacation rental software and management systems, today announced a $365 million strategic growth investment led by General Atlantic, with participation from existing investor PSG Equity.
Root, Inc. (NASDAQ: ROOT), a technology-driven insurance company and parent of Root Property & Casualty Insurance Company, has officially launched its innovative auto insurance services in Minnesota.
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.
Global advisory and solutions company WTW has unveiled new artificial intelligence enhancements to its flagship financial modelling and reporting software, RiskAgility Financial Modeller (RiskAgility FM).
Global insurance and reinsurance broking group Howden has announced the appointment of Rohan Bhappu as Deputy Chief Executive Officer (CEO) of Howden Asia, effective June 2025.
GlobalData Plc has announced the acquisition of Celent, a leading research and advisory firm specializing in financial services technology.
McKenzie Intelligence Services (MIS) has reached a significant milestone, having responded to over 200 global catastrophic events since the launch of its Global Events Observer (GEO) platform in 2021.
Dan Preston, the former CEO of Metromile, has launched a new insurtech company, Stand Insurance. This new venture aims to leverage physics-driven AI to protect properties impacted by climate change.
PointeNorth Insurance Group has announced a strategic partnership with Caldwell & Langford Insurance, a leading independent insurance agency in Thomasville, Georgia, marking PointeNorth’s sixth acquisition of 2024.
Chubb has announced the appointment of John Latter to lead its global claims organisation for Chubb Overseas General (COG).
Zurich Insurance has been honored as Re/insurer of the Year at the IMPACT Awards 2024 for its outstanding commitment to sustainability through a $7.9 billion impact investing portfolio.
Porsche Auto Insurance (PAI) has introduced a new Unlimited insurance product tailored for Porsche owners who drive over 10,000 miles annually.
Beazley, a leading specialty insurer, has announced the appointment of Alessandro Lezzi as Group Head of Cyber Risks.
AXA UK has announced a strategic partnership with Lloyds Banking Group to boost motor insurance offerings.
In this latest Thought Leadership article, Teo Blidarus, CEO and Co-Founder of FintechOS discusses the future of Agentic AI
Insurance technology leader Sure has joined forces with CU Financial Group, LLC (CUFG) to launch SimpleQuote, a groundbreaking digital insurance platform designed to provide credit union members with seamless access to insurance.
German insurance giant Allianz SE has withdrawn its $1.63 billion bid to acquire a majority stake in Singapore’s Income Insurance, citing recent regulatory changes and government opposition.
GFT, a global leader in digital transformation, has announced a strategic partnership with Databricks, the data and AI platform company, to empower insurers and financial institutions across North America with advanced AI capabilities.
One Inc, a leader in digital payments for the insurance industry, has announced a partnership with GoAuto Insurance to implement its ClaimsPay® and PremiumPay® solutions.
A new analysis by ZestyAI, a leader in climate and property risk analytics powered by AI, has uncovered a significant gap in insurance coverage across the United States.
In a landmark collaboration, Cytora, a leading digital risk processing platform, has partnered with global weather information and data management powerhouse Pelmorex Corp.
Zurich UK has announced the appointment of Drazen Jaksic as its new Chief Executive Officer, pending regulatory approval.
Insurtech leader Optalitix has announced a strategic collaboration with PwC to enhance the implementation and support of its flagship underwriting and pricing platform, Optalitix Quote, for insurers in the London Market, including Lloyd’s.
Coterie Insurance, the tech-enabled MGA simplifying small business insurance, has announced the launch of workplace violence insurance coverage for small businesses in conjunction with Berkley Re Turnkey Solutions.
Flow Specialty, a leading specialty insurance wholesale broker, today announced the launch of Platformless AI, a groundbreaking approach to redefining the wholesale insurance experience.
Flywire, a leading payments platform, has partnered with GradGuard, a prominent tuition insurance provider, to enhance financial protection for students attending higher education institutions in the United States.
Africa Specialty Risks (ASR), a leading (re)insurance group focused on Africa and the Middle East, has announced new Binding Authority Agreements with Eureka Re, a multinational reinsurer with an A- rating for financial strength from Fitch and AM Best.
Lloyd’s, the world’s foremost insurance and reinsurance marketplace, has unveiled a new systemic risk scenario estimating that a hypothetical future human pandemic could result in global economic losses of up to $13.6 trillion over five years.
One Inc, a leading provider of digital payments platforms for the insurance industry, announced today that Brethren Mutual Insurance Company has successfully implemented ClaimsPay to streamline its claims disbursement process.
Odie Pet Insurance has partnered with Agentech, a leader in AI-driven claims automation, to transform pet insurance claims processing through advanced technology.
Nippon Life Insurance Co. is in advanced discussions to acquire full ownership of U.S.-based Resolution Life Group Holdings in a deal valued at approximately $8.2 billion.
As the global workforce continues to adapt to post-pandemic work models, a growing number of US companies are mandating a return to the office.
Benekiva, a leading insurtech company focused on modernising claims and servicing operations, has announced a significant expansion of its leadership team with the appointment of four industry experts.
MetLife has announced a strategic partnership with Workday to enhance employee benefits and wellness programs.
Protection Guru, the award-winning technical information service and protection value comparison tool for advisers, has called for a fundamental change in how the protection industry engages with wealth advisers.
Arthur J. Gallagher & Co. announced today that it has agreed to acquire AssuredPartners Inc. in a $13.45 billion deal.
Aviva and Direct Line have reached a preliminary agreement on the financial terms of a potential £3.6 billion acquisition of Direct Line’s entire share capital by Aviva.
CyberCube, a leading provider of cyber risk analytics, has announced a strategic partnership with the global insurance brokerage firm, HUB International.
Insurtech startup Sola has successfully raised $3.7 million in its seed funding round, advancing its mission to offer affordable and reliable natural disaster insurance to homeowners and businesses.
Redkik, a global leader in insurance technology for the logistics sector, has announced a groundbreaking partnership with Cargo Power Network, an influential global logistics and freight forwarder network.
James Bent, VP of Solutions Engineering at Virtuoso QA, explores strategies insurers can adopt to enhance AI alignment with business goals, in this latest Thought Leadership article.
Surface water flood forecasting specialist Previsico has announced a strategic partnership with Esri UK, a global leader in geographic information system (GIS) software, location intelligence, and mapping.
American Farmers & Ranchers Mutual Insurance Company (AFR), a leading provider of rural insurance in Oklahoma for over a century, has announced a strategic partnership with ZestyAI, a pioneer in AI-driven climate and property risk analytics.
Insly, a leading low-code software provider for the insurance industry, has unveiled FormFlow, its first AI-powered solution designed to revolutionise how managing general agents (MGAs) and insurers process broker submissions.
CoverGo, a global leader in no-code, AI-driven insurance technology for health, life, and property & casualty (P&C) sectors, has announced the launch of CoverGo Claims, its next-generation platform designed to transform health claims management for insurers and third-party administrators (TPAs).
Pints.ai has unveiled Autothought, a groundbreaking generative AI platform designed to revolutionise workflow automation in the insurance industry.
Clearcover, a next-generation car insurance company, has expanded its call center operations to 24/7 availability through a partnership with Ada, a leader in AI-native customer service automation.
Cover Genius, a global insurance distribution platform, has teamed up with Airpaz, a leading online travel agency, to offer comprehensive travel insurance for customers in Malaysia, Vietnam, Indonesia, Thailand, and the Philippines.
Africa Specialty Risks (ASR), a prominent (re)insurance group specialising in African and Middle Eastern markets, has announced that ASR Middle East is now operating as a Lloyd’s service company.
Sun Life Global Solutions has announced a strategic partnership with the Indian Institute of Technology (IIT) Indore to drive innovation in the insurance sector using cutting-edge technologies such as artificial intelligence (AI), machine learning, data analytics, and generative AI.
Aviva and NatWest Group have announced a five-year partnership to distribute Aviva protection insurance products through NatWest’s UK retail banking brands, including NatWest, RBS, and Ulster Bank.
Policy Expert, the award-winning home and motor insurance provider, has unveiled a significant new partnership with Bridgehaven Specialty UK Ltd (Bridgehaven) as a capacity provider.
The insurance industry’s true superpower lies in its ability to help rebuild lives after unforeseen events. Few embody this mission more passionately than JP Fabri, the visionary founder of MyUbuntu, an insurtech startup tackling one of the world’s most urgent challenges as our climate changes; namely farming in Africa.
Zurich Resilience Solutions, the risk advisory division of Zurich Insurance Group, has launched Climate Spotlight, a cutting-edge digital tool designed to help organisations better understand and manage climate risks.
Arthur J. Gallagher & Co., a leading global insurance brokerage and risk management firm, has announced the acquisition of Shepard Insurance Group, a retail insurance brokerage headquartered in Old Greenwich, Connecticut.
A new report from AXA UK has pinpointed the regions of England most susceptible to extreme weather events, highlighting growing concerns about the impact of climate change on homes and infrastructure.
B.P. Marsh & Partners Plc (AIM: BPM), a specialist private equity investor in early-stage financial services firms, has announced an additional investment of $12.6 million in XPT Group LLC, a leading U.S.-based insurance distribution platform.
In a groundbreaking collaboration, Fadata, a global leader in insurance software solutions, and FRISS, a pioneer in AI-driven Trust Automation, have announced a solution partnership aimed at redefining risk management and fraud detection within the insurance industry.
Moonrock Drone Insurance, a leading specialist managing general agent (MGA), has extended its insurance offerings to include coverage for hobbyist and recreational drone pilots.
Global insurance and reinsurance leader Everest has officially entered the Italian market after securing regulatory approval.
Aon has announced a definitive agreement to acquire the insurance agency business of Mitsubishi Chemical Group (MCG), a prominent Japanese corporation.
Sony Financial Group, a subsidiary of Sony, has announced the acquisition of the Japanese insurtech startup JustInCase.
Canara HSBC Life Insurance has launched OmniGen AI, a generative AI-powered solution built on AWS Bedrock, aiming to transform underwriting processes and enhance customer experience.
McGill and Partners, a leading independent global specialty insurance and reinsurance broker, has joined forces with Tokio Marine Kiln (TMK) and Convex to unveil a pioneering trade disruption insurance (TDI) facility.
CoverGo, a leading provider of digital insurance solutions, has announced the appointment of Louis Lee as Managing Director for the Asia Pacific (APAC) region.
Stephen Costello is the CEO and co-founder of Spectrum.Life – a trailblazing healthtech company that launched in 2018 and is revolutionising the way insurers, employers, and educators approach health, mental health, and wellbeing.
Poncho, a Swiss startup specialising in weather-based refunds for outdoor experiences, has raised $617,000 in seed funding.
Neutrinos, a leader in enterprise automation technology, has launched the Neutrinos Marketplace, a platform designed to accelerate automation initiatives across the insurance value chain.
Leading embedded insurance platform Embri has broadened its product portfolio to include insurance coverage for bicycles and high-end technology.
Singapore-based insurtech startup Igloo has introduced its direct-to-consumer platform, igloo.co.id, in Indonesia. This new platform aims to expand Igloo’s presence in the insurance value chain while simplifying access to coverage for consumers.
Indian insurtech startup Zopper has raised $25 million in a Series D funding round led by Elevation Capital and Dharana Capital, with continued support from existing investor Blume Ventures, Business Standard reports.
NeighborShare, a nonprofit organisation dedicated to facilitating direct person-to-person charitable giving, has announced its expansion into Greater Boston.
Tesla released its Q3 2024 financial results for its insurance carriers, highlighting significant growth in written premiums alongside continued underwriting losses.
Bindable, a leading InsurTech platform specializing in alternative distribution, has announced a strategic partnership with Recoop Disaster Insurance to broaden the reach of Recoop’s innovative multi-peril disaster insurance.
Zurich Insurance has announced bold new financial targets lifting its shares to their highest level in 23 years.
Root Platform (Root), a leading low-code, API-first insurance technology provider, has unveiled its Certified Developer Community program aimed at upskilling in-house developers at insurance companies.
Chartered commercial broker Konsileo has successfully secured £8 million in funding to propel its expansion across the UK.
Akur8, a leading provider of next-generation insurance pricing and reserving solutions powered by transparent machine learning, has announced a strategic partnership with the American Association of Insurance Services (AAIS).
Leading embedded insurance provider, Cover Genius, has announced its partnership with Entrupy, the AI-powered luxury authenticator, to enhance protection for high-end retail consumers
Global digital solutions provider leverages three decades of expertise to drive transformative change in insurance and investment industries.
FWD Group Holdings Limited (“FWD Group” or “FWD”) has announced that its strategic partnership with PT Asuransi BRI Life (“BRI Life”) will be the focus of a new case study at INSEAD, a globally renowned graduate business school.
Missouri-based algorithmic underwriting provider iCover has introduced iCover Direct™, a new online marketplace for life, health, and wellness products.
Insurtech startup Federato has announced the successful close of a $40 million Series C funding round, led by StepStone Group, with continued backing from existing investors Emergence Capital, Caffeinated Capital, and Pear VC.
ACORD Solutions Group, a leading provider of next-generation digital solutions for the global insurance industry, today announced the launch of ADEPT Placing, a new capability within its ADEPT data exchange platform.
Coverdash, a rapidly growing insurtech broker specialising in startups and small-to-medium-sized businesses (SMBs), has teamed up with LendingTree, the nation’s premier online financial marketplace, to offer business insurance to LendingTree customers for the first time.
Foxquilt, a digital insurance brokerage based in Toronto, has officially launched its services in New York.
Previsico has been ranked 14th in the 2024 Deloitte UK Technology Fast 50, a prestigious list celebrating the 50 fastest-growing technology companies in the UK.
Guidewire has recognised the Alberta Motor Association, Ascot Group, and Mountain West Farm Bureau along with its subsidiary, 360 Insurance Company, as the winners of its 2024 Innovation Awards.
Lockton Re, a leading global reinsurance broker, has announced a strategic collaboration with Verisk (Nasdaq: VRSK), a premier global data analytics and technology provider, to develop cutting-edge (re)insurance solutions tailored to the U.S. agriculture sector.
Bolttech, a fast-growing global insurtech company, has announced the successful closure of a USD 50 million venture debt facility with HSBC.
Remote, a leading global HR platform and payroll provider, has partnered with Kota to launch Remote Global Benefits, a streamlined solution for managing and administering multi-country health insurance plans.
Coalition has announced the launch of Security Copilot, an AI-powered assistant designed to provide real-time, personalised guidance for managing cybersecurity risks.
VOOM Insurance, a leading Insurtech company focused on usage-based insurance, has announced the appointment of Thomas Coyne as its new Head of Insurance.
Openkoda has announced the launch of Openkoda 2.0, a groundbreaking open-source enterprise platform designed to accelerate the development of modern insurance applications.
Vitesse, a global leader in treasury and payment solutions for the insurance industry, has secured an Authorisation Certificate from the New York State Department of Financial Services (NY DFS) to establish Vitesse Trust Company, LLC in New York City, marking the official start of its U.S. operations.
Previsico, a leader in surface water flood forecasting, has launched Instacasting, a new solution designed to improve the accuracy of flood risk predictions.
The insurance industry is finally stepping into the spotlight as a critical driver of economic growth and global resilience, according to David Howden, CEO and Founder of Howden.
EIS, a global leader in SaaS core platforms for the insurance market, has released its much-anticipated outlook for 2025.
Kayna, an award-winning embedded insurance infrastructure platform, has partnered with WTW, a global leader in advisory, broking, and solutions, and Vibrant, a U.S.-based vertical SaaS platform specialising in third-party vendor cybersecurity oversight.
Cairo-based insurtech startup Amenli has raised US$2.3 million in a funding round aimed at accelerating its growth and enhancing its service offerings.
DigitalOwl, a provider of advanced AI solutions for the life insurance and legal industries, has announced a strategic collaboration with ExamOne, a Quest Diagnostics company.
Aon has brokered a significant transaction with the U.S. International Development Finance Corporation (DFC) to provide $50 million in political risk insurance (PRI) aimed at supporting businesses operating in Ukraine.
Aon has launched its Cyber Risk Analyzer, a cutting-edge digital application designed to help risk managers make technology-enabled, data-driven decisions to mitigate cyber risks.
Manulife Financial Corporation has announced that Roy Gori, its President and Chief Executive Officer, will retire on May 8, 2025. Phil Witherington, currently President and CEO of Manulife Asia, has been appointed as his successor and will join the company’s Board of Directors at the time of the leadership transition.
Guidewire Software has introduced its latest platform release, Las Leñas, and showcased new AI-driven capabilities during its annual customer conference, Connections.
Hub International Limited (Hub), a prominent global insurance brokerage and financial services firm, has announced its acquisition of ANCO Insurance Managers, Inc. (ANCO Insurance), a major independent insurance brokerage based in Texas.
Lemonade has announced plans to provide detailed updates on its ambitious growth strategy, targeting a tenfold increase in its “force premium” from US$1 billion next quarter to $10 billion in the coming years.
Fortegra, a global specialty insurer and subsidiary of Tiptree, has successfully secured $150 million through the issuance of 9.25% Fixed Rate Resetting Junior Subordinated Notes due 2064.
AXA has introduced the Mind Health Self-Check, a free and privacy-focused global mental health assessment tool designed to support individuals in understanding and improving their mental well-being.
Mastercard has teamed up with Qover, a leading insurtech company, to introduce a return shipping cost protection service for credit cardholders in Belgium and Luxembourg.
Mercedes-Benz Insurance Services UK Limited has announced a partnership with insurance technology specialist Wrisk to deliver a cutting-edge car insurance solution tailored to modern consumer needs.
Insurance experts have commented on new UK proposals as Chancellor Rachel Reeves unveils a package of reforms aimed at boosting the UK’s financial services sector and driving economic growth.
In a groundbreaking collaboration, Standard Casualty Company, a leading insurer specialising in manufactured homes, has partnered with ZestyAI, a provider of cutting-edge AI-driven property and climate risk analytics.
Allstate Health Solutions, a division of Allstate, has announced a new partnership with Intuit QuickBooks, Thatch, and Ambetter Health to offer expanded healthcare solutions.
HDI Global announced today its plans to expand its environmental liability insurance offering to the international market.
Embedded insurance startup Mulberri has joined forces with Qualys, a leader in cloud-based IT, security, and compliance solutions, to provide “exclusive discounts” on cyber insurance to qualifying customers.
Attending Insurtech Insights, Asia’s largest insurtech conference can be both exhilarating and overwhelming. With a plethora of sessions, workshops, and networking opportunities, it’s easy to get lost in the crowd.
LexisNexis® Risk Solutions, a key player in insurance data and analytics, has announced an expansion of its strategic partnership with TransUnion, a global leader in information and insights.
Swiss Re has reported a net income of US$2.2 billion and a return on equity (ROE) of 13.4% for the first nine months of 2024.
Duck Creek Technologies, the global intelligent solutions provider defining the future of property and casualty (P&C) and general insurance, announced its second Center of Excellence (CoE) will open in Warsaw, Poland.
Howden, a global insurance intermediary group headquartered in London, has expanded its Asian footprint by acquiring Storfield Insurance Consultants Ltd., a Hong Kong-based brokerage specialising in general insurance for small-to-medium enterprises (SMEs) and high-net-worth (HNW) clients.
Reinsurance Group of America, Incorporated (NYSE: RGA), a leading global life and health reinsurer, announced today that Ruby Reinsurance Company (Ruby Re), a Missouri-domiciled third-party life reinsurance company, has successfully closed a second round of funding, raising a total of $480 million in capital.
QBE North America has released its 2024 Digital Health Insurance Report, shedding light on the evolving risks associated with digital health services like telehealth and telemedicine.
MAPTYCS, a leading provider of advanced analytics solutions for the insurance industry, has announced the appointment of Daniel Grimwood-Bird as Chief Revenue Officer.
Insurity, a prominent provider of cloud-based software for the insurance industry, has partnered with ICEYE, a global leader in synthetic aperture radar (SAR) satellite technology, to provide real-time catastrophe insights to property and casualty (P&C) insurers.
Despite a growing economy, Thailand’s insurance penetration rate remains relatively low. To address this gap, the government and insurance industry must implement strategies to increase awareness, affordability, and trust in insurance products. Nadia Suttikulpanich, Head of the Fuchsia Innovation Center at Muang Thai Life Assurance tells Insurtech Insights more
Utica First, a prominent insurer specialising in small business and personal lines, has selected Akur8’s Core Platform Solution to advance its pricing and underwriting processes.
Oyster, a leading insurance platform for commerce, has unveiled a suite of new digital products designed to modernize the P&C insurance experience for small and medium-sized businesses.
Crux Underwriting, a leading specialty MGA, has announced a strategic partnership with mea.
Charles Taylor, a global leader in loss adjusting services with operations across 120 countries, has expanded its workforce in Malaysia by 20% over the past year, adding key talent and deploying advanced claims technology to enhance services across its four Malaysian locations.
Newgen Software, a global leader in digital transformation solutions, has announced an extension of its strategic partnership with Fadata, a leading provider of core insurance software.
Protect Group, a prominent provider of ancillary travel products, has announced a strategic partnership with Blink Parametric to introduce advanced parametric protection solutions for travel operators, airlines, OTAs, airports, and other service providers.
Sten Saar, founder and CEO of Zego, has long harboured a passion for entrepreneurship – a drive that was ignited long before he moved to London in his early twenties.
Branch Insurance, a forward-thinking carrier focused on streamlining insurance through data, technology, and automation, has significantly enhanced its claims notification process by integrating Kyber’s AI-powered platform.
As climate change drives more extreme weather, and urban expansion places more assets in flood-prone areas, flood risk is set to rise significantly.
BMS Group, an independent specialist in insurance and reinsurance brokering, has launched “BMS Bacchus,” a new stock throughput insurance solution tailored specifically for the wine industry.
Centana Growth Partners has acquired a majority stake in First Connect Insurance Services, a leading insurtech platform that connects independent insurance agents with carriers.
Sapiens International Corporation (NASDAQ and TASE: SPNS), a global leader in insurance software solutions, has announced a significant new development: a Tier 1 African insurer has successfully launched Sapiens DataSuite, bringing its data infrastructure to the cloud.
Swiss Re has announced leadership changes within its organisation. Effective January 1, 2025, Jonathan Rake will assume the role of CEO of Swiss Re Solutions.
Jonathan Jackson, CEO of Previsico, discusses the future of flooding insurance and the strategies and technologies that could help turn the tide, in the wake of Europe’s most recent tragedy
National Guardian Life Insurance Company (NGL) has selected Equisoft’s turnkey SaaS insurance solution to modernise its Preneed life business capabilities, aiming to strengthen its operational efficiency and enhance customer experience.
Marsh, the world’s leading insurance broker and risk advisor and a business of Marsh McLennan (NYSE: MMC), today announced the appointment of Alistair Fraser to the newly-created role of International Corporate & Commercial Leader.
Akur8, the innovative insurance pricing and reserving solution, has announced a new partnership with Windward Risk Managers, the company behind Florida Peninsula Insurance, Edison Insurance, and Ovation Home Insurance Exchange.
SageSure, a leading managing general underwriter focused on catastrophe-prone markets, has announced an exclusive partnership with Auros Reciprocal Insurance Exchange to bring homeowners insurance solutions to Mississippi and Louisiana.
Parametrix, a leader in parametric cyber insurance solutions, has introduced “Parametrix Enterprise Solutions,” a new type of insurance tailored to cover costs associated with digital interruptions.
Swinton Insurance, a UK broker that offers a range of insurance products under the Atlanta Group, has chosen Aurum Solutions to automate its reconciliation processes.
In the wake of the US Election, Swiss Re announced today the strengthening of its P&C Re reserves in the third quarter, following a comprehensive review.
Cytora, a leading digital risk processing platform, has partnered with data intelligence platform dataplor. The partnership will provide insurers with comprehensive location intelligence on 250 million locations in 200 countries to enable more accurate property underwriting decisions
Survey of 200 senior Property & Casualty insurance executives by ZestyAI has revealed rapid adoption of AI risk assessment models for wildfires and severe convective storms
Zywave has announced a first-of-its-kind enhancement to its Cyber Quoting solution with the addition of embedded benchmarking.
Arthur J. Gallagher & Co. has announced the acquisition of Peabody Insurance Agency, a Michigan-based insurance agency specialising in commercial and personal lines, with a focus on construction, manufacturing, and multifamily real estate.
Pole Star Global, a leading provider of maritime technology solutions, has partnered with Ambrey, a maritime risk management and intelligence firm, to enhance ship security and tracking capabilities.
The insurance industry is undergoing a digital revolution, driven by innovative technologies and forward-thinking leaders. Women are playing an increasingly vital role in shaping this transformation.
Pacific Life Re and Kakao Pay, a leading fintech company, have formed a strategic partnership to deliver innovative life insurance solutions to South Korean consumers.
Ryan Specialty, a leading international specialty insurance services firm, has entered into final discussions to acquire Innovisk Capital Partners.
Venture capital funding in insurance technology (insurtech) is showing signs of stabilization, projected to hit $4.2 billion by the end of 2024, reflecting levels not seen since 2018.
Hub International Ltd. has acquired the retail insurance brokerage arm of Western Growers Insurance Services (WGIS) in a strategic move to expand its presence in the agribusiness sector.
Vertafore has announced its acquisition of Surefyre, a leading submission and underwriting platform designed to empower Managing General Agents (MGAs) and wholesalers.
FWD Group Holdings Limited today announced robust new business growth for the first nine months of 2024.
Swiss Re has announced the sale of its iptiQ European P&C business to Allianz Direct.
Earnix, a leader in AI-driven, real-time decision-making solutions for the insurance and financial services industries, has released its 2024 Industry Trends Report, based on its annual survey of over 400 insurance executives worldwide.
ManyPets, a leading pet insurance provider, has announced its decision to exit the US market to focus on its core operations in the UK.
Lloyd’s, the world’s leading insurance and reinsurance marketplace, has announced the appointment of Nathan Adams as its new Chief People Officer.
Stere, Inc., a leading insurtech platform, and EPIC Insurance Brokers & Consultants (EPIC), a top-ranked property/casualty and employee benefits insurance broker, have entered a strategic partnership aimed at transforming insurance for small businesses through a seamless, digital experience.
Aon has announced a definitive agreement to acquire UK-based insurance broker Griffiths & Armour, a move expected to expand Aon’s presence across the UK and Ireland significantly.
AXA UK has announced a new partnership with Women in Data, an organisation dedicated to empowering women in data and technology careers
Marsh has partnered with We2Sure to launch a new insurance facility designed to protect businesses from the growing risk of carbon credit fraud.
Bindable, a leading InsurTech firm specialising in alternative distribution technology and services, has introduced a streamlined solution for organisations interested in establishing their own property and casualty (P&C) insurance agencies.
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.
Delos Insurance Solutions, a property insurance managing general agent (MGA) focused on wildfire-prone areas, has successfully raised $9 million in a Series A funding round led by HSBC Asset Management.
Marsh, a leading global insurance broker and risk advisor, has announced key leadership appointments within its global placement practice.
Previsico has announced the launch of its advanced AI-driven flood forecasting alert service in the Republic of Ireland.
Safe Security, a pioneering company in quantitative, inside-out cyber risk assessment, has partnered with global insurance intermediary group Howden to launch Howden Safe+.
In a groundbreaking development for Ghana’s insurance industry, ETAP, a leading African insurtech, has secured the country’s first operational license for an insurtech company, granted by the National Insurance Commission (NIC).
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.
WTW (NASDAQ: WTW), a global leader in advisory, broking, and solutions, has introduced ResQ Machine-Led Reserving, a groundbreaking tool aimed at redefining best practices in insurance reserving.
Regal, a leading provider of AI-powered contact center software, has secured $40 million in funding to accelerate the development and deployment of its innovative AI Phone Agent technology.
Best Insurance has launched a new AI-powered WhatsApp service that allows customers to obtain quotes, ask questions, and complete insurance purchases directly through the popular messaging app.
The UK’s recent budget announcement has sent ripples through various sectors, including the insurance industry. While some measures may offer opportunities, others pose potential challenges.
Vienna Insurance Group (VIG) has announced the launch of Cyber Risk Solutions GmbH (CyRiSo), a new subsidiary focused on helping small and medium-sized enterprises (SMEs) mitigate cybersecurity threats and manage the aftermath of cyber incidents.
HOMEE, a leading repair network for the property and casualty (P&C) insurance industry, has announced the successful closing of a $12 million Series C funding round led by W.R. Berkley Corporation, with participation from The Institutes and Sure.
Leading insurance and pension provider Baloise Group has announced the sale of its digital insurance subsidiary FRIDAY to Allianz.
Leading insurtech platform Bolt has announced a collaboration with Salesforce to launch Bolt for Salesforce on Salesforce AppExchange.
The Hartford and Coalition today announced a strategic, long-term capacity partnership to address the increasing demand for innovative cyber insurance solutions in the UK market.
MAPFRE reported a net result of €744 million for the first nine months of 2024, reflecting a 36% year-over-year increase driven by improved technical management across all regions.
Dundee-based insurtech company Broker Insights has officially launched in the United States, marking a significant milestone as it expands globally.
B.P. Marsh & Partners Plc, a specialist venture capital investor, has announced the sale of its 28.4% shareholding in Lilley Plummer Holdings Limited, the parent company of Lloyd’s broker Lilley Plummer Risks Limited.
Property and specialty (re)insurer IQUW has announced a strategic partnership with mea, an AI-driven processing platform tailored for the (re)insurance industry, to enhance its underwriting efficiency and streamline broker interactions.
October 2024 has been a banner month for insurtech startups, with a flurry of significant funding rounds pouring millions of dollars into the space.
Nationwide has announced a strategic partnership with Arlo Health, a New York-based Managing General Underwriter (MGU) specialising in level-funded health plans for small and mid-sized businesses.
In a strategic expansion, The Hartford has announced new leadership appointments within its Global Specialty division, aimed at enhancing innovation and providing a robust suite of products to meet diverse customer needs.
Glia, a leading provider of customer interaction technology, has announced a new integration with Insurity’s Workers’ Comp Suite.
Branch has reportedly raised $51 million in a new funding round led by American Family Ventures.
Tokio Marine Kiln (TMK) has announced the appointment of Alexandros Ampatzis as the new Head of Marine for the Asia-Pacific (APAC) region, effective 1 November 2024.
MetLife UK has partnered with YuLife to launch a new Group Income Protection proposition for the UK market.
Prudential Hong Kong has taken a significant step forward in the insurance industry by launching MedScreen+, a cutting-edge digital underwriting tool developed in collaboration with Reinsurance Group of America (RGA).
The EU AI Act was officially published by the European Commission in July 2024 after months of development. It is the first legislation aimed at regulating the development and use of AI across industries, with the goal of protecting the fundamental rights of citizens, writes Vlad Flamind, Lead Data Consultant, Zühlke
Cyber risk analytics leader CyberCube has announced a strategic partnership with U.K.-based insurance broker Miller, aimed at bolstering Miller’s cyber risk management capabilities.
Cyber insurance startup Coalition is gearing up to launch operations in Denmark, according to a recent job posting.
Pivix Specialty Insurance Services, a leading managing general agency specializing in excess and surplus lines, has announced a new contract binding program with Canopius US Insurance.
Inspectify, a property inspection and underwriting platform, has raised $5.26 million in a new funding round led by Munich Re Ventures.
ZestyAI, a pioneer in AI-powered climate and property risk analytics, has partnered with Donegal Insurance Group to implement its new Roof Age solution for their Personal Lines business.
Rokstone, the London-based specialist re/insurance managing general agent (MGA) and part of the Aventum Group, has announced a significant three-year binding authority agreement with Aviva.
Aurora Insurance, a digital commercial insurance platform based in London, has announced securing seed funding from QBE Ventures, the investment arm of QBE Insurance Group.
Insurtech Insights explores 15 innovative companies at the forefront of telematics, showcasing their groundbreaking solutions that leverage data analytics, real-time monitoring, and connected vehicle technology to reshape the insurance landscape and improve customer experiences.
Lloyd’s has today announced a new, pioneering disaster resilience vehicle with the United Nations Capital Development Fund (UNCDF) to deliver disaster risk financing to Small Island Developing States (SIDS) in the Pacific.
Likewize, a global provider of tech protection, support, and extended warranties, has announced that Genstar Capital has increased its investment in the company.
Oliver Wyman has strengthened its property and casualty (P&C) actuarial capability in Europe with the establishment of a London-based presence. To lead this initiative, Matthew Facey has joined the firm as a Partner.
Currently celebrating its 10th anniversary, global insurtech Cover Genius has grown from a bold startup into a global leader in embedded technology, disrupting traditional models with its insurance solutions.
FCCI Insurance Group (FCCI) has successfully implemented Duck Creek Technologies’ Policy platform with Active Delivery to modernise its core operations and support its expansion into the Excess & Surplus (E&S) market.
Regional insurtech Igloo has officially launched its direct-to-consumer (D2C) platform, igloo.co.id, in Indonesia, marking its entry into the consumer-facing insurance market.
In a significant step towards sustainability, F&P, the Danish trade association for insurance companies and pension funds, has expanded its strategic partnership with Solera.
INSHUR, the multi award-winning global embedded insurance provider to the on-demand economy, has raised USD $19m in its latest funding round.
B.P. Marsh & Partners Plc (AIM: BPM), a specialist investor in early-stage financial services businesses, has announced its financial results for the six months ending July 31, 2024.
Chubb has appointed Tim Benson as Executive Vice President, Multinational Insurance Leader for North America, effective October 30.
Verisk, a global leader in data analytics and technology, announced today that its President and CEO, Lee Shavel, has been appointed to the Federal Advisory Committee on Insurance (FACI).
Protectivity, part of Starpeak Insurance Solutions, has announced the launch of a new visual identity and website as it embarks on its next phase of growth.
Prudential Financial, Inc. (NYSE: PRU), a global leader in financial services, has announced a strategic partnership with 123Seguro, a top player in digital insurance transformation and one of Latin America’s largest digital insurance platforms.
FWD Group has announced new leadership appointments for its Malaysian operations. Aman Chowla will assume the role of Chief Executive Officer for FWD Takaful, while Mak See Sen will join the company as Chief Executive Officer of FWD Insurance Berhad. Both appointments will be effective on November 18, 2024.
Beazley, a leading specialist insurer, has launched FLEX, a new consortium that provides financial institutions with combined coverage for civil liability, crime, fraud, Directors & Officers (D&O), and cyber risks.
AXA XL has announced the launch of a new coverage extension for its cyber insurance product designed to address specific risks associated with generative AI (Gen AI).
Cambridge Mobile Telematics (CMT), the world’s largest telematics service provider, has announced significant updates to its flagship DriveWell Risk and DriveWell Crash & Claims Product Suites.
Tune Protect Re Limited, a global travel and lifestyle reinsurance specialist, has partnered with bolttech Insurance, the Hong Kong general insurance arm of international insurtech bolttech, to launch AirAsia Travel Insurance for Hong Kong customers.
Mission Underwriting has announced the launch of Carrow Insurance, marking the 25th Managing General Agent (MGA) to join the Mission group globally.
Agentech, a leading AI-powered workforce solution for insurance claims, has raised $3 million in seed funding within 30 days, setting the stage for expansion into Property & Casualty (P&C), Workers’ Compensation, and Travel claims workflows.
AXA XL Reinsurance has announced the appointment of Greg Schiffer as Chief Executive Officer (CEO) for North America, Reinsurance, effective November 11, 2024.
China’s National Financial Regulatory Administration (NFRA) has approved the establishment of separate insurance ventures by BNP Paribas and Prudential Financial.
Kroll, a leading global risk and financial advisory firm, announced the appointment of Katherine Keefe as Managing Director and Global Cyber Insurance Industry Lead.
Next Insurance has appointed GEICO as its latest agency partner, further broadening its distribution network.
Root Insurance has announced the introduction of its latest usage-based insurance (UBI) model, Root UBI v5, in Montana, set to roll out for new policies starting September 19, 2024, and for renewals beginning November 6, 2024.
AIR Parametric, a leading provider of parametric insurance solutions, has announced the launch of Milkshake™, a new product designed to protect US dairy producers from the financial impacts of heat stress.
MassMutual has announced that it is the first insurer in the United States to offer eligible policyholders free access to Wysa Assure, an AI-powered conversational mental health app developed by Wysa and Swiss Re.
Akur8, an advanced insurance pricing and reserving solution powered by Transparent AI, has announced a new collaboration with the Insurance Company of Prince Edward Island (ICPEI).
Blueberry Life, formerly known as Bluezone Insurance, has launched an innovative life insurance solution aimed at addressing the challenges faced by millions of people with chronic health conditions in obtaining coverage.
Herald, a leading digital infrastructure provider for commercial insurance, has announced the successful close of a $12 million Series A funding round.
Cytora, a leading digital risk processing platform, has announced a new partnership with Meetrisk, a provider of advanced marine risk intelligence.
Insurtech Insights has partnered with ITN Business and is set to launch a new programme, “Redefining Insurance,” at the Insurtech Insights Europe Conference on March 19-20, 2025.
Cyber risk solutions leader Resilience has named industry veteran and former CrowdStrike executive, Matthew Polly, as its new Chief Revenue Officer (CRO).
Insurtech company Optalitix has announced a new partnership with Burns & Wilcox U.K., a global leader in wholesale insurance brokerage and underwriting, to deliver advanced technology solutions that will streamline operations and boost efficiency across Burns & Wilcox’s property, casualty, and terrorism portfolios.
Global embedded insurance provider INSHUR has successfully raised $19 million in a new funding round led by Viola Growth, bringing its total funding to $78.5 million since 2019.
Japan’s property insurance industry is forecasted to grow steadily, reaching JPY3.6 trillion ($26.5 billion) by 2028, according to a report by GlobalData.
mea Platform has announced the renewal and expansion of its strategic partnership with AXIS, a global leader in specialty insurance and reinsurance.
ClaimSorted, an insurtech company dedicated to streamlining claims processing, has raised $3 million in pre-seed funding.
Diesta has announced the successful closing of a $3.8 million seed funding round. The round was led by FinTech Collective, with participation from Commerce Ventures and existing investors.
QBE International Markets is expanding its specialty product suite with the launch of a new US Inland Marine offering in 2025.
One Inc, a leading provider of payment solutions for the insurance industry, has announced an expanded collaboration with J.P. Morgan Payments.
Launching an insurtech in today’s rapidly evolving landscape is no easy feat. ComplyTek’s founders, brothers Christos and Anastasios Ttiniozou, share their experience with Insurtech Insights.
FWD Group has announced the appointment of Peter Reynolds as its new Group Chief Strategic Development Officer, effective November 1, 2024.
Stoïk, a Paris-based cyber insurance startup, has successfully raised $27 million in Series B funding, led by Alven.
Allstate Protection Plans, a division of Allstate, has announced the acquisition of Kingfisher, a privately-held company that specialises in optimising the lifecycle of smart devices.
Inari, a leading provider of core technology solutions for the insurance industry, has announced a new partnership with Diesta, a provider of premium processing platforms for insurance intermediaries.
FWD Group has announced a significant three-year partnership with Roche Diagnostics Asia Pacific, aimed at integrating Roche’s navify® digital healthcare solutions and advanced diagnostic methodologies into FWD’s health insurance services across Asia.
LexisNexis Risk Solutions has announced the launch of LexisNexis Life Smart Path, a new solution designed to streamline the life insurance application and underwriting process.
Sprout.ai, a leading claims automation platform for the insurance industry, has announced the appointment of Ian Thompson, former Group Chief Claims Officer at Zurich, as the first member of its newly established Growth Advisory Board.
A new report by the Capgemini Research Institute highlights the challenges facing the life insurance industry in meeting today’s customer expectations.
Gradient AI, a provider of enterprise artificial intelligence solutions, has announced its partnership with Michigan Planners, a leading insurance agency specialising in employer group benefits.
DA Strategy has announced the successful launch of Volt Underwriting, a new Managing General Agent (MGA) focused on the energy transition sector.
New contract gives Lloyd’s Managing Agents greater flexibility to access additional services when adopting MIS’ geospatial intelligence platform GEO
Concert Group has officially announced the full operational launch of its risk retention platform, Harmony Re.
Climate change is reshaping the insurance landscape, demanding innovative solutions to address the growing risks associated with extreme weather events.
hyperexponential, a global pricing platform for re/insurers, has announced the launch of its first templated reinsurance pricing model, designed for treaty reinsurance, including Excess of Loss (XoL) agreements.
Africa Specialty Risks (ASR), a prominent (re)insurance group focused on Africa and the Middle East, has announced the appointment of Amit Khilosia as its new Chief Distribution Officer.
Zurich Australia has introduced a new Total and Permanent Disability (TPD) insurance option designed to better support individuals requiring ongoing care due to a severe accident or illness.
Distinguished Programs, a leading provider of property and liability insurance products, has announced an expanded partnership with Berkley Program Specialists to underwrite its Community Associations Crime and Directors & Officers (D&O) products.
Marsh has announced that Will Thomas-Ferrand, International Practice Leader, Marsh Captive Solutions, will assume leadership of Marsh’s captive insurance business on January 1, 2025.
COVU, a leader in AI-native services for insurance agencies, has announced the successful completion of $12.5 million in equity and debt financing as part of its first Series A funding round.
Coterie Insurance has expanded its product offerings to include cyber insurance. In partnership with Berkley Re Solutions and TransUnion, Coterie now provides comprehensive cyber coverage to small businesses.
EIS, a leading SaaS core platform provider in the U.S. Group Benefits Market, has announced a strategic partnership with AbsenceSoft, a market leader in absence management solutions.
In the wake of Hurricanes Helene and Milton, Florida’s home insurance market faces an unprecedented crisis, exacerbating long-standing challenges of rising costs, climate-related risks, and litigation.
Akur8, a leading provider of next-generation insurance pricing and reserving solutions powered by Transparent AI, has announced a new partnership with RSM US LLP (RSM), a top provider of assurance, tax, and consulting services for the middle market.
At a ceremony held in Ho Chi Minh City, Global Care, a leading Insurtech company in Vietnam, announced that Poni Insurtech has become a strategic shareholder, acquiring a significant stake in the company.
Amwins, a global specialty distributor, has partnered with Floodbase, an insurtech company, to introduce a new municipal flood insurance program designed specifically for California.
rradar, a leading UK-based legal enterprise, has officially announced the appointment of Matthew Williams as the Managing Director of its newly launched insurance division, rrelentless.
“The return on investment has been excellent – we’ve already had a company join our Soft-Landing programme in Wales and form partnerships with several other
Redkik has announced a strategic partnership with Canopy Specialty Insurance, a U.S.-based Insurance Program Administrator.
Cytora, a leading digital risk processing platform, has partnered with Kroll, a global risk and financial advisory firm, to provide commercial insurance underwriters with enhanced insights into asset values and risks.
Stream Claims, an insurtech startup specialising in AI-powered medical document review for workers’ compensation, has raised $5.3 million in a seed funding round led by Spark Capital.
San Mateo-based startup Pinpoint Predictive has announced the successful close of its Series A funding round, raising over $23 million.
Qantev, a leading provider of AI-powered claims management solutions for health and life insurers, has secured €30 million in a new funding round led by Blossom Capital.
InsurTech company Intelligent AI has teamed up with the Building Cost Information Service (BCIS), a renowned organisation with over 60 years of expertise in construction cost data, to launch an innovative AI-powered platform designed to revolutionise property reinstatement cost assessments.
Earnix, a leading AI-driven SaaS platform for intelligent decisioning in the insurance and financial services industries, has announced the appointment of Jessica Buss, Chief Executive Officer of Argo Group, to its Board of Directors, effective October 1st.
Embroker, a leading digital business insurance platform, has announced the launch of its newly redesigned website, aimed at simplifying the insurance process for businesses.
According to new research by Marsh McLennan, economic and financial challenges (43%), cyber threats (39%) and people-related risks (38%) are the top three concerns facing UK businesses over the next 12 months.
Lloyd’s has released a new report estimating that a hypothetical geopolitical conflict could lead to a staggering US$14.5 trillion in economic losses over five years.
Verisk’s Extreme Event Solutions group has projected that insured losses in the U.S. from Hurricane Helene will range between $6 billion and $11 billion.
The frequency and severity of large cyber insurance claims have risen sharply in 2024, driven by a growing number of data and privacy breaches, according to Allianz Commercial’s latest cyber risk outlook.
MoneyHero Limited, a leading personal finance and digital insurance brokerage platform in Greater Southeast Asia, has launched a new car insurance platform through a strategic partnership with bolttech, a global leader in insurtech.
Penguin Benefits, a provider of parental leave planning technology, has expanded its platform to cover all 50 states and the District of Columbia.
Majesco has announced the launch of its highly anticipated Fall ’24 Release, featuring transformative innovations designed to redefine the insurance industry.
Admiral Group has announced that Cristina Nestares will step down as CEO of its UK Insurance business, with Deputy CEO Alistair Hargreaves set to take over the role, pending regulatory approval.
Simply Business, a leading provider of SME insurance, has announced a new partnership with Markel UK, adding the insurer to its panel to offer tailored coverage for contractors.
Ambac Financial Group has announced a strategic partnership with Pivix Specialty Insurance Services, a newly launched Managing General Agent (MGA) focused on the excess and surplus (E&S) lines market.
AI is swiftly transforming the insurance industry, and is mainly driven by insurtech startups that are at the forefront of adopting the cutting-edge technology.
Intersys, a leading UK-based provider of cyber risk management solutions, has announced its expansion in the UK insurance market with the opening of a new office in Leadenhall Market, London.
Berlin Direkt Versicherung, the digital insurance arm of HanseMerkur Insurance Group, has teamed up with Blink Parametric to launch an innovative travel insurance bundle for its online customers.
US-based insurtech managing general agent Ledgebrook has secured $17 million in a Series B funding round, led by Duquesne Family Office with participation from The Stephens Group, along with continued backing from long-time partners Brand Foundry Ventures and American Family Ventures.
Beazley, a leading specialty insurer, has introduced a new cyber insurance offering, Beazley Quantum.
Zego, the commercial and personal lines motor insurer, today announced a significant addition to its board. Stephen Treloar, who is an accomplished and seasoned insurance executive, having previously served as CEO of Allianz PL and LVGI, joins Zego as an Independent Non-Executive Director.
Starwind Specialty Insurance Services, a subsidiary of TIH, has announced a partnership with Stone Point Credit to establish Fractal Re, a new collateralised reinsurer aimed at enhancing reinsurance capacity across Starwind’s diverse portfolio of casualty programmes.
According to a recent report by Bloomberg Intelligence, demand for cyber insurance is anticipated to increase in response to a surge of high-profile cyberattacks.
Flora Fertility, an innovative insurtech company, has closed an oversubscribed pre-seed funding round, raising $1.5 million to develop and launch the first individually-owned fertility insurance solution across the US and Canada.
Everest Group has announced a strategic agreement with Ryan Specialty, a leading international specialty insurance firm
TreviPay, a leading B2B payments and invoicing network, has announced a strategic partnership with Allianz Trade, the global frontrunner in trade credit insurance.
Lockton has announced the launch of Lockton Pulse, a cutting-edge digital insurance platform designed to cater to the needs of small and medium-sized enterprises (SMEs) and individuals in Australia.
With world’s largest forum for insurance professionals, Insurtech Insights provides an invaluable platform for networking, new insights and exposure for thought leaders. We are always looking for new partners, content creators, and contributors to create value and deliver exceptional support to Insurtech Insights.
To share your knowledge, simply fill out the form.
