Lemonade has renewed its global reinsurance programme for a further 12 months, introducing changes designed to improve capital efficiency, retain more premium income and strengthen protection against catastrophe losses.
WTW has released a new version of its RiskAgility Financial Modeller (FM) platform, introducing advanced graphics processing unit (GPU) execution to help life and health insurers perform complex financial modelling faster, more efficiently and at lower cost.
Global insurance premiums increased by 7.1% in 2025, reaching €6.9 trillion, as the industry maintained strong growth despite moderating from the exceptional gains recorded the previous year, according to the Allianz Research Global Insurance Report 2026.
Corgi has launched Corgi Claims, a full-service third-party administrator (TPA) designed to accelerate claims handling by combining artificial intelligence with a nationwide network of licensed adjusters.
The agreement will see Ageas UK join Source Insurance’s panel, broadening the range of home insurance solutions available to advisers supporting homebuyers.
Global insurer QBE has strengthened its leadership team in Asia with the appointment of a new Chief Operating Officer and a regional Head of Data, Analytics and AI, reinforcing its commitment to operational excellence, digital transformation and responsible artificial intelligence across the region.
Lemonade has renewed its global reinsurance programme for a further 12 months, introducing changes designed to improve capital efficiency, retain more premium income and strengthen protection against catastrophe losses.
WTW has released a new version of its RiskAgility Financial Modeller (FM) platform, introducing advanced graphics processing unit (GPU) execution to help life and health insurers perform complex financial modelling faster, more efficiently and at lower cost.
Corgi has launched Corgi Claims, a full-service third-party administrator (TPA) designed to accelerate claims handling by combining artificial intelligence with a nationwide network of licensed adjusters.
AI insurance platform Federato has expanded into Asia-Pacific and Japan, launching regional operations with a new Sydney office and appointing former Guidewire executive Roland Slee as Regional Vice President for Asia Pacific and Japan (APJ).
Digital cargo insurance platform Breeze has launched Quote AI Autofill, a new artificial intelligence-powered tool designed to simplify the insurance quoting process for freight forwarders and logistics providers.
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.
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.
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.
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.
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.
Global investment firm Sixth Street has agreed to acquire a majority stake in Monument Re, providing fresh capital to support the pan-European life insurance consolidator’s long-term strategic growth.
The Doctors Company has completed its $1.3 billion acquisition of medical malpractice insurer ProAssurance, creating the second-largest provider of medical professional liability insurance in the United States.
German insurance giant Allianz is reportedly leading the race to acquire HSBC Life Singapore as HSBC Holdings explores strategic options for its insurance business in the city-state, according to reports citing sources familiar with the matter.
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.
Global insurer QBE has strengthened its leadership team in Asia with the appointment of a new Chief Operating Officer and a regional Head of Data, Analytics and AI, reinforcing its commitment to operational excellence, digital transformation and responsible artificial intelligence across the region.
AXA XL has appointed Jeanmarie Giordano as Global Chief Underwriting Officer, reinforcing its leadership team as the insurer continues to focus on disciplined underwriting, portfolio resilience and sustainable growth across its global business.
RT Specialty, the wholesale brokerage division of Ryan Specialty, has announced a planned leadership transition, appointing Brendan Mulshine as Chief Executive Officer effective August 1, 2026.
Gallagher Re has appointed Minesh Jani as Chief Executive Officer of India, reinforcing the global reinsurance broker’s commitment to expanding its footprint in the rapidly evolving Indian insurance and reinsurance market.
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.
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
Artificial intelligence has firmly established itself as the dominant force shaping insurance innovation, with AI-focused companies attracting 95% of all global InsurTech investment during the first quarter of 2026, according to Gallagher Re’s latest Global InsurTech Report.
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.
Digital cargo insurance platform Breeze has launched Quote AI Autofill, a new artificial intelligence-powered tool designed to simplify the insurance quoting process for freight forwarders and logistics providers.
New AI Orchestration System combines AI agents, workflow automation, governance and human oversight to support underwriting, pricing, claims and customer engagement
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.
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.
