Zurich Insurance Group has announced the acquisition of BOXX Insurance Inc., a Toronto-based cyber insurance and risk management insurtech, in a move that significantly enhances Zurich’s global cyber protection offering for retail and SME customers.
INSTANDA, a leading global policy administration and distribution platform, has announced a major rebrand, marking a new chapter in its evolution from insurtech startup to trusted partner for insurers and MGAs worldwide.
Insurance software provider Fadata has announced a sweeping integration of artificial intelligence (AI) across its operations, achieving productivity gains of up to 50% in key areas and doubling its annual quality testing output.
Hannover Re has appointed Steven Hardy as Head of Life & Health (L&H) for Ireland and Canada, the global reinsurer announced today.
Arch Insurance North America has announced the appointment of Jeff Kaufmann as Executive Vice President, Head of Marine, effective July 7.
Bishop Street Underwriters, a portfolio company of RedBird Capital Partners, has acquired Aerospace Insurance Managers (AIM), a general aviation insurance services provider, from Hallmark Financial.
Earnix, the leading provider of Dynamic-AI solutions for the insurance industry, has announced the release of its new PolicyCenter v10 accelerator, now available in the Guidewire Marketplace.
The Travelers Companies, Inc. yesterday unveiled Travelers Across America, a national preservation initiative in partnership with the National Trust for Historic Preservation.
Insurtech pioneer Zego has launched a new tool designed to combat one of the most pervasive yet under-recognised dangers on UK roads: driver fatigue.
Coalition, the world’s first Active Insurance provider focused on preventing digital risk, has announced the launch of its new Helios platform under Coalition Re.
Marsh, the world’s leading insurance broker and risk advisor and a business of Marsh McLennan, has announced the launch of Nimbus, a new insurance facility designed to support the construction of large-scale data centres across the UK and Europe.
Berlin-based insurtech Feather has expanded its offering with the launch of Feather Business Insurance, designed to support international companies and their cross-border employees with streamlined, digital-first coverage.
Clearspeed, a leading provider of AI-powered voice analytics for risk assessment, has secured $60 million in Series D funding, bringing its total capital raised to $110 million.
ZestyAI, a leading provider of AI-based risk analytics for the property and casualty insurance industry, has secured a $15 million credit facility from CIBC Innovation Banking.
London-based insurtech startup COVR Global has raised $2.5 million in seed funding to further develop its AI-driven claims decision engine. The round was led by MTech Capital, with participation from B Capital.
Financial planning software company Conquest Planning has raised $80 million in a Series B funding round led by Goldman Sachs Alternatives, with participation from Canapi Ventures, BDC Capital, Citi Ventures, TIAA Ventures, BNY, Portage, and USAA.
E&S insurance startup Ledgebrook has raised $65 million in a Series C funding round led by The Stephens Group, with participation from Duquesne, Brand Foundry, Floating Point, Hummingbird Nomads, and American Family Ventures. The latest round brings Ledgebrook’s total funding to over $110 million.
Autonomize AI, a pioneer in AI-driven healthcare solutions, has announced the close of a $28 million Series A funding round, bringing its total capital raised to $32 million.
The insurance industry has long been regarded as complex, slow-moving, and resistant to change – but some entrepreneurs see those challenges as an opportunity.
Insurance has traditionally been slow to evolve—but that’s changing fast. Technology is now not just enhancing the industry; it’s redefining it.
Adrien Lebègue, CEO of EMEA at Peak3 discusses what lessons UK insurers can take from the APAC region.
The insurance industry has long relied on human expertise to assess and manage risk, says Karim Derrick, Chief Products Officer at Kennedys IQ. Underwriters, claims handlers, and legal professionals play a crucial role in decision-making, balancing data-driven analysis with professional judgment.
Adapting to climate change: A call for flood risk collaboration among insurers, Government, and industry by Jonathan Jackson, CEO of Previsico
Discover how AI, climate change, and other forces are reshaping the insurance landscape. This list features five webinars to add to the diary, that offer valuable insights and explore innovative solutions for industry professionals.
Zurich Insurance Group has announced the acquisition of BOXX Insurance Inc., a Toronto-based cyber insurance and risk management insurtech, in a move that significantly enhances Zurich’s global cyber protection offering for retail and SME customers.
Bishop Street Underwriters, a portfolio company of RedBird Capital Partners, has acquired Aerospace Insurance Managers (AIM), a general aviation insurance services provider, from Hallmark Financial.
Descartes Underwriting, a French-based provider of parametric insurance for climate and emerging risks, has announced a strategic investment from Battery Ventures.
Private equity firm B.P. Marsh & Partners has acquired a 27% equity stake in Cameron Specialty, a London-based managing general agent (MGA) focused on UK property insurance.
Broadstone, a leading independent UK financial services consultancy, has announced the acquisition of ExactVAL, a specialist provider of actuarial valuations and cashflow analysis for defined benefit pension schemes.
Ryan Specialty has entered into a definitive agreement to acquire the business of J.M. Wilson Corporation, a Michigan-based managing general agency with a strong reputation and deep expertise in transportation insurance.
Hannover Re has appointed Steven Hardy as Head of Life & Health (L&H) for Ireland and Canada, the global reinsurer announced today.
Arch Insurance North America has announced the appointment of Jeff Kaufmann as Executive Vice President, Head of Marine, effective July 7.
Root Platform, the API-first core platform for delegated authority business, has expanded its UK leadership team with the appointment of Cameron Parsons as Head of Business Development UK.
As part of its ongoing efforts to reinforce its growth strategy, MAPFRE RE, the reinsurance arm of MAPFRE Group, has announced a series of senior leadership appointments approved by its Board of Directors.
Native, the digital asset insurance broker backed by Nexus Mutual, has appointed George Frith as Divisional Director, AI Compute and Digital Infrastructure, as it continues to scale its leadership and capabilities across high-growth technology sectors.
AXA Global Healthcare has appointed James Swatton as Senior Distribution Leader in Hong Kong, a move that signals the company’s continued commitment to expanding its footprint across Asia’s fast-growing international private medical insurance (IPMI) market.
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
Yokahu, a leading innovator in parametric insurance, has unveiled cat-risk.com, the first independent, many-to-many parametric exchange designed to revolutionize disaster risk finance within the London re/insurance market.
Peak3, a global insurance technology leader, is accelerating its expansion plans in the UK and European markets following a successful US$35 million Series A funding round.
ResiQuant, an insurtech startup transforming property risk assessment, has announced a $4 million seed funding round led by LDV Capital, with participation from Foothill Ventures, Pear VC, Alumni Ventures, and strategic angel investors.
Insurance software provider Fadata has announced a sweeping integration of artificial intelligence (AI) across its operations, achieving productivity gains of up to 50% in key areas and doubling its annual quality testing output.
Native, the digital asset insurance broker backed by Nexus Mutual, has appointed George Frith as Divisional Director, AI Compute and Digital Infrastructure, as it continues to scale its leadership and capabilities across high-growth technology sectors.
EIS, a global leader in cloud-native insurance core systems, has achieved a major industry milestone by becoming the first insurance technology provider to earn the ISO/IEC 42001:2023 certification, the world’s first international standard for Artificial Intelligence Management Systems (AIMS).
Autonomize AI, a pioneer in AI-driven healthcare solutions, has announced the close of a $28 million Series A funding round, bringing its total capital raised to $32 million.
Sixfold, a company specializing in generative AI for insurance risk analysis, has announced the launch of its latest product feature, Discrepancy Scan.
MAPFRE, Spain’s leading insurer and the largest multinational insurance group in Latin America, has announced the launch of its Manifesto for a Humanistic, Ethical, and Responsible AI, becoming the first IBEX 35 company to publicly define its principles for the development and use of artificial intelligence.
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.
