Blue Marble Microinsurance has partnered with MAPFRE to expand access to parametric insurance solutions in markets with significant protection gaps.
American Growth Insurance (AGI) has launched an AI-enabled platform designed to help insurance brokerages accelerate growth and improve operational performance, supported by nearly $70 million in funding from Rockbridge Growth Equity and venture capital firm Atomic.
Liberty Mutual Reinsurance Group (LM Re) has appointed Tom Spurgeon as Global Head of Cyber Reinsurance, reinforcing its focus on expanding its global cyber reinsurance business.
Simply Business has partnered with managing general agent Elevate Specialty to offer cyber insurance to its small business customers, expanding the range of protection available through its insurer panel.
Marshmallow has partnered with communications compliance platform Adclear to strengthen oversight of its financial promotions as UK financial services firms face increasing regulatory scrutiny under the Financial Conduct Authority’s Consumer Duty framework.
Utica National Insurance Group has appointed Abel Travis as its new Chief Operating Officer, effective July 27, 2026, as the insurer continues to strengthen its executive leadership team.
American Growth Insurance (AGI) has launched an AI-enabled platform designed to help insurance brokerages accelerate growth and improve operational performance, supported by nearly $70 million in funding from Rockbridge Growth Equity and venture capital firm Atomic.
Prudential Singapore has introduced PRUApex Legacy Index II, a new indexed universal life (IUL) insurance plan designed to give affluent and high-net-worth individuals greater flexibility in growing, protecting and transferring wealth across generations.
Aon has expanded its Data Center Lifecycle Insurance Program (DCLP), increasing the program’s capacity to $5 billion while broadening the range of risk management and advisory services available to clients developing and operating digital infrastructure assets.
Corgi Insurance has launched Golden by Corgi, a dedicated sports and entertainment insurance division designed to provide specialist cover for sports organisations, including leagues, governing bodies, clubs, events and venues.
UK commercial fleet insurer Flock has launched Jay, which it describes as the UK’s first AI expert for every fleet customer. The agentic AI assistant is designed to help fleet managers proactively identify risks, monitor vehicle performance, and manage insurance-related operations using live telematics and claims data.
OIP Insurtech has introduced a Workflow Intelligence Diagnostic, a fixed-fee assessment designed to help insurers identify operational inefficiencies and prioritize technology and AI investments before launching transformation programmes.
American Growth Insurance (AGI) has launched an AI-enabled platform designed to help insurance brokerages accelerate growth and improve operational performance, supported by nearly $70 million in funding from Rockbridge Growth Equity and venture capital firm Atomic.
Generali has launched a €300 million European Sovereignty Program aimed at improving access to long-term financing for small and medium-sized enterprises (SMEs), strategic infrastructure projects and key industrial sectors across Europe.
Insurtech startup Corgi, which provides business insurance for startups, has raised $106 million in a Series B1 funding round at a $2.6 billion valuation, just three weeks after announcing a $160 million Series B that valued the company at **$1.3 billion.
AI workflow platform Feathery has announced $30 million in total funding, including a recently completed Series Around, as it accelerates development of its AI operating and decisioning platform for financial services.
French digital health insurer and healthcare platform Alan has raised €480 million ($550 million) in a Series G funding round, valuing the company at €5.5 billion ($6.3 billion).
AI decision automation platform Taktile has raised $110 million in a Series C funding round led by Goldman Sachs, with participation from Tiger Global, Index Ventures and Y Combinator, as financial institutions accelerate the adoption of artificial intelligence for high-stakes operational decisions.
Generali has launched a €300 million European Sovereignty Program aimed at improving access to long-term financing for small and medium-sized enterprises (SMEs), strategic infrastructure projects and key industrial sectors across Europe.
We rated 130 insurers and AI vendors on whether they publicly document how their AI is governed, tested, and monitored, scored against our published rubric anchored to the NIST AI Risk Management Framework and ISO/IEC 42001. The average score is 9.6 out of 100, and nothing cleared a D.
From underwriting and pricing to claims management and customer engagement, insurers are increasingly looking to AI as the next major driver of efficiency, growth and competitive advantage. According to Gallagher Re’s Global InsurTech Report Q1 2026, AI-focused companies attracted 95.2% of the $1.63 billion invested in insurtech during the first quarter of the year, underlining the scale of industry interest.
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.
Roadzen has agreed to acquire an unnamed European car rental managing general agent for approximately US$15 million, aiming to replace static pricing with real-time, AI-powered underwriting at the point of rental booking.
Sompo International has entered a definitive agreement to acquire Service Insurance Companies, a US specialist in workers’ compensation insurance, broadening its underwriting reach across the SME and General Agents markets.
Duck Creek Technologies has acquired Send Technology Solutions, uniting its intelligent core and Agentic AI Platform with Send’s AI-native underwriting orchestration engine to connect core operations and underwriting workflows across the policy lifecycle.
ANV Group Holdings has completed its acquisition of London-headquartered Iris Insurance Brokers, broadening its UK retail and wholesale distribution, securing direct access to Lloyd’s specialty capacity, and adding a UK-based MGA incubator.
Insurance software provider Majesco is acquiring pension and benefits administration specialist Vitech, in a deal backed by Thoma Bravo and CVC that broadens its reach across the Group & Benefits, Retirement & Pension, and Property & Casualty markets.
Sun Life Financial has completed its acquisition of US multifamily real estate manager Bell Partners for $350 million, folding a long-established property platform into its BGO real estate arm as the insurer deepens its push into asset management.
Liberty Mutual Reinsurance Group (LM Re) has appointed Tom Spurgeon as Global Head of Cyber Reinsurance, reinforcing its focus on expanding its global cyber reinsurance business.
Utica National Insurance Group has appointed Abel Travis as its new Chief Operating Officer, effective July 27, 2026, as the insurer continues to strengthen its executive leadership team.
The Hanover Insurance Group has announced a planned leadership transition, with President and Chief Executive Officer John “Jack” C. Roche set to retire at the end of 2026 after a 40-year career in the insurance industry.
The Liberty Company Insurance Brokers has announced three senior leadership appointments, including the creation of its first Chief AI Officer role, as the brokerage looks to strengthen its leadership team and accelerate its growth strategy.
MSIG Asia has appointed Ronak Shah as its new Regional Chief Executive Officer, effective October 1, 2026, as the insurer strengthens its leadership structure and expands regional oversight across the Asia-Pacific market.
Plymouth Rock has appointed three senior executives to lead its data, claims and customer service functions, reinforcing its focus on analytics, artificial intelligence (AI) and operational transformation across the business.
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
American Growth Insurance (AGI) has launched an AI-enabled platform designed to help insurance brokerages accelerate growth and improve operational performance, supported by nearly $70 million in funding from Rockbridge Growth Equity and venture capital firm Atomic.
Generali has launched a €300 million European Sovereignty Program aimed at improving access to long-term financing for small and medium-sized enterprises (SMEs), strategic infrastructure projects and key industrial sectors across Europe.
Insurtech startup Corgi, which provides business insurance for startups, has raised $106 million in a Series B1 funding round at a $2.6 billion valuation, just three weeks after announcing a $160 million Series B that valued the company at **$1.3 billion.
Optalitix has introduced Agentic AI capabilities to its pricing and underwriting platform, Optalitix Quote, letting insurers, reinsurers, and MGAs interact with their underwriting systems using everyday language while retaining existing governance controls.
NN Group’s Dutch insurance business, Nationale-Nederlanden, is using AI to automate parts of its claims process, enabling some straightforward claims to be assessed and paid in around six minutes without manual intervention.
INSTANDA, the London-based insurance technology provider, has introduced a refreshed brand identity that places artificial intelligence at the centre of its positioning, signalling a deeper shift in how it sees its role in modern insurance infrastructure.
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.
