Aviva has expanded its AI-powered underwriting summarisation tool to individual critical illness applications, marking a further step in the use of generative AI across protection insurance.
AXIS Capital Holdings has appointed Anthony Izzo as Chief Commercial Officer, in a move aimed at strengthening its global commercial strategy and deepening broker and partner engagement.
Atrium and Sofix have deployed an AI-powered claims tool, BrokerBrief, aimed at accelerating claims handling and improving decision-making across all classes of business.
VIG Re has reported a 17.8% year-on-year increase in profit before tax to €49m (approximately $53m) for FY’25, supported by disciplined underwriting, effective risk management, and solid investment performance.
BOXX Insurance has made its cyber insurance solutions available on the Millennial Shift Technologies (mShift) Marketplace, in a move aimed at expanding digital distribution and improving broker access to cyber cover.
Starfish Space has raised more than $100m in a Series B funding round led by Point72 Ventures, with participation from a broad syndicate of strategic and financial investors, including Munich Re Ventures.
BOXX Insurance has made its cyber insurance solutions available on the Millennial Shift Technologies (mShift) Marketplace, in a move aimed at expanding digital distribution and improving broker access to cyber cover.
Old Republic International has announced the formation of a new operating entity, Old Republic Property, as part of its ongoing strategy to expand its specialty insurance footprint.
Commercial auto MGA LEEO has introduced a new telematics-driven insurance solution that embeds real-time data and artificial intelligence directly into the core of its offering, aiming to reward safer driving while improving underwriting precision.
Cytora has unveiled Autopilot, a new capability designed to automate end-to-end risk workflows, marking a significant step forward in the application of agentic AI across commercial insurance operations.
Socotra has made its AI underwriting assistant, Socotra Assistant, generally available to all customers, marking the first insurance core system to offer production-ready AI across all products and geographies.
BirdsEyeView, the European Space Agency-backed insurtech specialising in natural catastrophe modelling and exposure management, today announced the launch of AI Data Scrubbing, a new capability designed to automate the cleaning and geolocation of Statement of Values (SOV) data for large-scale hazard modelling.
Talanx AG has successfully raised €1 billion through a dual bond issuance, reinforcing its capital structure and supporting long-term financial flexibility.
French health insurtech Alan has reached a valuation of €5 billion (approximately $5.83 billion) following a new €100 million ($116 million) funding round, reinforcing its position as one of Europe’s most valuable insurance startups.
Insurance technology firm ManageMy has secured $45 million in new funding, including $20 million from a Series B round, as it looks to accelerate international expansion and deepen its investment in AI-driven capabilities.
Howden Group, the global (re)insurance intermediary, has successfully raised approximately US$703 million in gross proceeds following the issuance of an add-on to its existing senior notes, strengthening funding capacity to support future growth initiatives.
Waymo, the Alphabet-owned autonomous vehicle company, has raised $16 billion in a new investment round that values the business at $126 billion post-money, underscoring strong investor confidence in the commercial scaling of autonomous driving technology.
Sixfold, the AI-driven insurtech platform trusted by global insurers, has raised US$30 million in a Series B funding round. The round was led by Brewer Lane, with strategic investments from Guidewire, and continued participation from existing investors including Bessemer Venture Partners and Salesforce Ventures.
Convex Group Limited has appointed Bobby Le Blanc as Chairman of its Board, marking a significant leadership development as the company positions itself for its next phase of expansion.
PartnerRe has announced the appointment of Scott Kreuzer as Chief Executive Officer of its Property & Casualty (P&C) Americas division, as the company continues to reinforce its leadership bench and underwriting capabilities across key markets.
Allianz SE has unveiled a series of leadership changes within its Board of Management as part of long-term succession planning, with several appointments scheduled to take effect on January 1, 2027.
AXA XL, the property, casualty, and specialty risk division of AXA, has named Leyla Delic as Chief Technology and AI Officer, based in London.
Global insurance broker Marsh McLennan has announced senior leadership changes at Marsh, appointing Nick Studer as president and CEO of Marsh Risk and naming Martin South as the firm’s new chief client officer. The changes take effect April 1.
Pension Insurance Corporation (PIC), a specialist insurer of defined benefit pension schemes, has appointed Michael Eakins as its incoming Chief Executive Officer, subject to regulatory approval.
Gyde has acquired Avid Health, strengthening its position in the fast-growing Medicare insurance segment and advancing its AI-powered brokerage strategy.
Acrisure has completed the acquisition of technology-driven managing general agent Vave from Canopius Group, strengthening its position in the US insurance market and advancing its data-led underwriting capabilities.
Corebridge Financial and Equitable Holdings have announced a landmark $22 billion all-stock merger, forming one of the largest retirement, life insurance, and asset management platforms in the United States.
London-based managing general agent (MGA) Volt Underwriting has partnered with insurtech firm Novee to deploy an artificial intelligence platform aimed at enhancing underwriting capabilities across its power and renewable energy portfolio.
CRC Group has completed the acquisition of Euclid Transactional from private investment firm Searchlight Capital Partners, expanding its capabilities in financial and professional lines underwriting. Financial terms of the transaction were not disclosed.
Global insurer Zurich has reached a definitive agreement to acquire London-based specialty insurer Beazley in an £8.1 billion (USD 10.8 billion) all-cash deal, creating a combined global leader in specialty insurance with pro forma gross written premiums of around USD 15 billion.
AXIS Capital Holdings has appointed Anthony Izzo as Chief Commercial Officer, in a move aimed at strengthening its global commercial strategy and deepening broker and partner engagement.
Liberty Mutual has introduced a new leadership structure spanning its Global Risk Solutions (GRS) and Liberty Mutual Investments (LMI) businesses, aiming to better align risk, capital, and strategic execution.
American Integrity Insurance Group has announced the appointment of Brian Foley as Chief Financial Officer, effective 6 April 2026, marking a positive step in the company’s continued development following its successful initial public offering.
Genasys has announced the appointment of Hugh Hessing and Gavin Routledge as Non-Executive Directors, reinforcing its leadership team as the company accelerates its growth as a mid-market challenger in insurance technology.
Toyota Financial Services has announced the appointment of Alec Hagey as President and Chief Executive Officer, ushering in a new phase of leadership while building on a strong foundation of growth and customer focus.
Accelerant has named Linda S. Huber as its new Chief Financial Officer, strengthening its leadership team as it continues to scale its data-driven specialty insurance marketplace.
Aviva is set to launch a new home insurance quoting tool within the ChatGPT platform, marking its first collaboration with OpenAI and signalling a step forward in AI-enabled insurance distribution.
Marsh Risk has significantly expanded capacity for Nimbus, its large-scale data centre construction insurance facility, increasing available limits to $2.7 billion for major projects across Europe, North America, and Australia.
Aon has announced a $1 billion expansion of its Data Center Lifecycle Insurance Program (DCLP), increasing total available capacity to $2.5 billion as investment in artificial intelligence, cloud computing and digital infrastructure continues to accelerate.
Aging IT infrastructure is a critical threat to the global insurance industry. It’s a famously hard
problem to solve, and many have failed in the process.
Neutrinos, a leading provider of AI-powered intelligent automation solutions for the insurance industry, has announced a significant partnership with a global Fortune 500 life insurance company.
Kennedys IQ SmartRisk combining generative AI with insight-led structured decision making and regulatory compliance
Aviva has expanded its AI-powered underwriting summarisation tool to individual critical illness applications, marking a further step in the use of generative AI across protection insurance.
Atrium and Sofix have deployed an AI-powered claims tool, BrokerBrief, aimed at accelerating claims handling and improving decision-making across all classes of business.
Compare the Market has launched a ChatGPT integration that allows users to estimate car insurance costs through a conversational interface, marking a further step in the embedding of generative AI within insurance distribution journeys.
AIG is doubling down on its artificial intelligence strategy as it looks to enhance growth, strengthen capabilities, and navigate an increasingly dynamic risk environment, according to CEO Peter Zaffino.
Aviva is set to launch a new home insurance quoting tool within the ChatGPT platform, marking its first collaboration with OpenAI and signalling a step forward in AI-enabled insurance distribution.
Boston-based LightSpun, formerly known as 32Health, has secured $13 million in Series A funding to expand its AI-powered dental insurance administration platform.
Floodbase, a leading provider of flood data and analytics, has secured a $5 million investment led by Ecosystem Integrity Fund, with additional participation from Pulse Fund.
The UK and US collective decision not to sign a global AI declaration, underscores a growing division over international regulation and raises concerns about the emerging risks of unregulated AI, say insurance business leaders. Insurtech Insights gets the lowdown from Mark Kirby, Professional Services Director at Intersys Ltd. and Risto Rossar, Founder and CEO of Insly.
The US InsurTech sector faced a challenging year in 2024, with total funding dropping by 33% year-over-year to $2.8 billion, reflecting a significant downturn from $4.1 billion in 2023 and $6.3 billion in 2020.
As we step into 2025, the insurance industry is poised for significant transformation. Leaders from across the globe have shared their insights on the key trends shaping the future of insurance. From the rise of digital innovation to the evolving risk landscape, these predictions offer a glimpse into what the year ahead holds.
Accelerant Holdings has announced the public release of its advanced digital platform, app.accelerant.ai, aimed at enhancing underwriting and risk management capabilities for insurers and risk capital partners.
Simon Torrance, Founder and CEO of AI Risk, describes what he sees as the most advanced deployment of ‘Agentic AI’ anywhere in the insurance industry today, setting it in the context of other forms of AI-enabled augmentation and automation, and proposing a holistic approach to AI strategy that will help companies succeed in the Age of AI.
