Swedish pet insurance startup Lassie has secured $75 million in Series C funding, bringing its total capital raised to $115 million. The round was led by Balderton Capital, with participation from Felix Capital, Inventure, Passion Capital,and Stena Sessan.
USAA has announced the appointment of Dan Griffiths as its new Chief Information Officer (CIO), effective February 5, 2026. Griffiths brings a wealth of experience in technology leadership across banking and financial services, joining the San Antonio-based insurer after serving as Group Chief Information Officer at Santander US. Over the course of his career, he has held senior technology roles at major financial institutions, including TD Bank, Banco Santander, Barclays, Lehman Brothers, and JPMorgan Chase.
Spanish insurer MAPFRE has reported net profit of €1.1 billion for 2025, surpassing the €1 billion mark for the first time in its 90-year history, as strong technical performance across its global operations drove a 19.6% increase year-over-year.
Acrisure Portugal has appointed João Mendonça as its new chief executive officer, effective immediately, as the firm positions itself for growth in Portugal’s €14.3 billion insurance market.
ElevenLabs, the $11 billion AI voice startup, has become the first company to obtain an AIUC-1-backed insurance policy covering its AI voice agents. The policy underwrites the actions of ElevenLabs’ AI agents deployed by customers, marking a major step in enterprise AI risk management.
Liberty Mutual Group Inc.’s asset management arm has agreed to back Ara Partners’ infrastructure and energy strategies, marking the latest collaboration between an insurer and an alternative investment manager.
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