Conferences
Root and Carvana extend embedded insurance partnership to 2028
Root Insurance has announced the extension of its embedded partnership with Carvana to at least August 2028.
September 2, 2026
5:50 pm
Root Insurance has announced the extension of its embedded partnership with Carvana to at least August 2028.
Marsh has partnered with cyber risk management company Resilience to launch Cyber Protect in Asia, an offering aimed at helping organisations identify significant cyber exposures before they result in financial losses.
Palantir Technologies has announced that Peter Zaffino will join the company as global head of financial services, effective 15 January 2027.
Bamboo Insurance has filed a registration statement on Form S-1 with the US Securities and Exchange Commission for a proposed initial public offering.
The insurance industry should be prepared to withstand $171bn in insured catastrophe losses on average in a given year, according to Verisk’s 2026 Global Modelled Catastrophe Losses Report. That figure is up $19bn from a year ago, and the highest estimate Verisk has reported to date.
Aon has confirmed a definitive agreement to acquire USI Insurance Services from private equity firm KKR for $17bn.
AI financial infrastructure firm Corgi has launched an admitted insurance carrier, adding to the range of insurance structures it already operates across its group, including risk retention groups, reinsurers, captives, and managing general agencies.
Aon has announced the launch of Totalis Specialty Group, a unified specialty insurance group that brings together NFP Totalis Program Underwriters and Aon Affinity’s US programs business under a single go-to-market strategy and identity.
INTX Insurance Software has extended its relationship with Bermuda-based property and casualty runoff reinsurer Xitus Re, with the INTX (Re)Insurance Operating System continuing to support the company as it adds portfolios, transactions, and operations across multiple jurisdictions.
Gallagher Re has launched a new Digital Risk Practice aimed at helping insurers and reinsurers assess the growing exposure created by artificial intelligence, data centres, cyber threats and broader digital dependency.
Bowtie has launched Bowtie StillCover, a supplementary medical insurance plan designed to provide additional protection for Hong Kong residents who rely on public hospitals or have chronic conditions that can make obtaining conventional private medical coverage more difficult.
Applied Systems has launched an agentic email-to-quote solution designed to turn broker email submissions into carrier-ready quotes, allowing insurers to automate a submission channel that has traditionally required manual intake.
Bamboo Insurance has filed a registration statement on Form S-1 with the US Securities and Exchange Commission for a proposed initial public offering.
Homeowners and flood insurance provider Orion180 Insurance Group has filed a Form S-1 with the US Securities and Exchange Commission for a proposed initial public offering of its Class A common stock.
Series C brings Faye’s total funding to $100 million as the company targets greater automation across underwriting, assistance and claims
AI-powered commercial insurance startup Corgi has reportedly secured a further extension to its Series B financing, lifting its valuation to $4 billion after its third funding round in approximately two months.
Soter Insure, a specialist provider of insurance products for the digital asset sector, has completed the first close of its Series B funding round, led by existing investor Galaxy Digital, with new backing from Coinbase Ventures and Franklin Templeton.
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.
Aviva has appointed Emma Stewart as Chief Underwriting Officer for its Personal Lines business, effective December 1, 2026, as the insurer continues to strengthen its leadership team following the integration of Direct Line Group.
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.
Aon has confirmed a definitive agreement to acquire USI Insurance Services from private equity firm KKR for $17bn.
Tokio Marine HCC International (TMHCCI), a member of Tokio Marine HCC (TMHCC), has entered into a definitive agreement to acquire Direct Commercial (DCL), a specialist UK commercial motor managing general agent, and its sister company, Direct Commercial Premium Finance.
Insurance intermediary platform ANV Group Holdings has agreed to acquire UK-based vehicle warranty MGA Car Care Plan from AmTrust Financial Services.
RiverStone International has entered into loss portfolio transfer reinsurance agreements with QBE Insurance, covering approximately $1.6bn of reserves.
Australian insurance broker Steadfast Group has agreed to a $5.5bn buyout by a consortium backed by investment firm KKR.
Zurich has completed its acquisition of ASX-listed life insurer ClearView Wealth, a move that underlines a wider strategy among global composite insurers to rebuild the life and protection books their rivals spent years dismantling.
Palantir Technologies has announced that Peter Zaffino will join the company as global head of financial services, effective 15 January 2027.
MSIG Hong Kong has appointed Billy Wong as chief underwriting officer, effective 2 September 2026.
Allianz Trade in Asia Pacific has appointed Scott Munafò as China CEO, a Shanghai-based role, effective 1 September 2026.
MSIG USA has appointed industry veteran Carrie Brodzinski as chief underwriting officer, bringing nearly three decades of specialty underwriting and leadership experience to the US arm of MS&AD Insurance Group.
Marsh has appointed Chetna Gulati-Kapoor as global chief claims officer of Marsh Risk, effective September 1.
Etiqa Insurance Singapore has appointed Claudia Soh as chief executive officer, effective August 14, as the insurer looks to build on its recent growth and accelerate its next phase of expansion.
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
Sixfold has partnered with Sollers Consulting to help insurers accelerate underwriting transformation by combining AI-powered risk assessment with insurance consulting and implementation expertise.
Cybersecurity startup Cytix has raised $7 million in Series A funding to scale its change risk management platform as AI-assisted software development accelerates the pace and volume of code changes.
Allstate is developing a proprietary agentic AI platform called Allie as the insurer looks to embed AI more deeply across its operations and customer interactions.
Exzeo has launched Exzeo Ventures, a new division focused on developing AI-native products, services and businesses, with an initial focus on insurance.
American Growth Insurance (AGI) has completed its first acquisition, purchasing Baltimore-based independent agency Heller-Kowitz Insurance Advisors, marking the first deal since the AI-enabled brokerage platform launched earlier this year.
Insurance software provider Guidewire has launched an Agentic Framework as part of its new Qusar release, enabling insurers to build, deploy and manage AI agents directly within the Guidewire Cloud 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.