ING has partnered with global insurtech bolttech to expand embedded insurance offerings across key European markets, marking a significant step in the bank’s broader strategy to integrate protection services directly into its digital banking ecosystem.
Ageas UK has secured a new embedded insurance partnership with original equipment manufacturer (OEM) insurtech Wrisk, as the insurer expands its presence in digitally embedded motor distribution.
New Zealand’s Natural Hazards Commission Toka Tū Ake (NHC) has secured a record NZ$12.3 billion in reinsurance protection for 2026, marking a 20% increase from the NZ$10.3 billion programme arranged last year and reinforcing the country’s financial resilience against major natural hazard events.
Australian insurance broker Steadfast Group has received a A$7.7bn acquisition proposal from a consortium comprising Amwins Group and Dragoneer Investment Group, in a move that could reshape Australia’s insurance distribution market.
AXA XL has partnered with Deloitte to deliver cybersecurity and operational technology services to commercial clients globally, strengthening its cyber prevention offering as businesses face increasingly sophisticated digital threats.
AI startup Poetic has emerged from stealth with $50m in funding and a $500m valuation, positioning itself as a new player in insurance underwriting, compliance, and fraud automation.
Convex Group has launched Kinetic Insurance Services, a technology-enabled managing general agent (MGA) focused on specialty and niche insurance risks, as the group looks to expand its delegated underwriting capabilities and create a new growth channel.
INSTANDA has launched INSTANDA Clear, an AI-supported underwriting and operations platform designed to help insurers manage complex, human-led workflows through a single governed environment.
Exzeo has introduced WindForm Pro, a new AI-driven solution designed to help Florida insurers comply with updated wind mitigation inspection requirements issued by the Florida Office of Insurance Regulation (OIR).
Antares Global has launched Scorpius MGA, a new managing general agent platform designed to unify the group’s MGA operations under a single structure while expanding its distribution capabilities across the UK and selected international markets.
Clearcover has introduced a new auto insurance product in Florida, alongside the launch of its “26 for ’26” agent incentive programme, as the digital-first insurtech looks to improve affordability and expand access to coverage in the state.
Marsh McLennan’s insurance broking arm, Marsh Risk, has unveiled Risk Companion, a new suite of AI-driven analytics tools designed to help clients manage increasingly complex and interconnected risks with greater speed and precision.
New Zealand’s Natural Hazards Commission Toka Tū Ake (NHC) has secured a record NZ$12.3 billion in reinsurance protection for 2026, marking a 20% increase from the NZ$10.3 billion programme arranged last year and reinforcing the country’s financial resilience against major natural hazard events.
Australian insurance broker Steadfast Group has received a A$7.7bn acquisition proposal from a consortium comprising Amwins Group and Dragoneer Investment Group, in a move that could reshape Australia’s insurance distribution market.
AI startup Poetic has emerged from stealth with $50m in funding and a $500m valuation, positioning itself as a new player in insurance underwriting, compliance, and fraud automation.
Pace has raised $46 million in Series B funding, co-led by Thrive Capital and Sequoia Capital, with participation from Emergence Capital and Pruven Capital, as the AI operations company accelerates expansion across global insurance markets.
Outmarket AI has secured $17 million in Series A funding as the company looks to accelerate development of its AI-powered insurance workflow platform for agencies and brokerages.
Blitzy has raised $200 million in a new funding round, reaching a valuation of $1.4 billion, with the round led by Northzone and supported by investors including Battery Ventures and PSG.
The insurance industry is at a crossroads. After years of hard market conditions, insurers are now navigating a softer market one where competition is fierce, customer expectations are rising, and legacy data systems are holding businesses back. The question isn’t whether to change, but how fast.
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.
Top-five US mortgage lender Newrez has expanded its partnership with insurtech Matic Insurance, bringing homeowners insurance comparison capabilities directly into its HomeHub customer portal as insurers and lenders increasingly focus on embedded digital experiences.
Everest Group has signed a definitive agreement to sell its Colombia insurance subsidiary, Everest Compañía de Seguros Generales Colombia S.A., to American International Group.
Prudential plc has agreed to acquire a 75% stake in Bharti Life Insurance Company Limited from Bharti Life Ventures and 360 ONE Asset Management for ₹3,500 crore (approximately $389 million), marking a significant expansion of its presence in India’s life insurance market.
MassMutual has agreed to sell an 18% equity stake in its global asset management subsidiary Barings to MS&AD Insurance Group, in a transaction valued at approximately $1.44 billion. The investment will be made through MS&AD’s subsidiary Mitsui Sumitomo Insurance.
Mercury Insurance and Olympus Insurance have announced a new partnership aimed at expanding bundled auto and homeowners insurance options for customers across Florida.
Specialty re/insurance group Aventum has completed its first managing general agent (MGA) acquisition, purchasing marine underwriting specialist Post & Co as part of its strategy to build a leading independent specialty MGA platform.
Aon has appointed José María Navas as Chief Claims Officer for EMEA, as the broker continues to strengthen its regional claims capabilities amid growing complexity in the risk landscape.
Federato, an AI-native platform focused on transforming insurance operations, has appointed Yogesh Sapre as its new Chief Revenue Officer (CRO) as the company continues to expand following its recent funding round and international growth initiatives.
HDI Global has appointed Thomas Kropp as chief operating officer and chief information officer (COO/CIO), succeeding Dr. Thomas Kuhnt, as the corporate and specialty insurer restructures executive responsibilities under its Xcelerate29 strategy.
Insurance giant Aviva has elevated Alex McMurrough to one of its top underwriting positions, naming her chief underwriting officer for its commercial lines division.
Arthur J. Gallagher & Co. has named Ana Matarranz as Chief Executive Officer for Spain, reinforcing its strategy to strengthen its footprint in key European insurance markets.
Sedgwick has named Suzanne Dann as group president while also introducing a new proprietary digital platform aimed at transforming claims and risk management.
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
INSTANDA has launched INSTANDA Clear, an AI-supported underwriting and operations platform designed to help insurers manage complex, human-led workflows through a single governed environment.
Pace has raised $46 million in Series B funding, co-led by Thrive Capital and Sequoia Capital, with participation from Emergence Capital and Pruven Capital, as the AI operations company accelerates expansion across global insurance markets.
Future Processing has announced plans to scale its futureClaims™ platform, a claims modernisation solution designed to help insurance organisations improve claims operations without requiring migration from existing core systems.
BriteCore, a core system provider for property and casualty insurers, has launched an enterprise AI strategy featuring eight embedded AI copilots within the BriteCore Platform alongside a secure Model Context Protocol (MCP) service layer designed to connect insurer-developed and third-party AI agents.
Liberty Mutual has been testing a ChatGPT integration that enables users to request auto insurance quote estimates directly within the ChatGPT interface, signalling a potential new distribution channel for insurance shopping.
Prudential Financial has introduced Just Ask, an AI-powered assistant designed to help financial professionals quickly access information related to Prudential products, underwriting quotes, and new business forms.
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.
