Company News

AGI targets insurance broker growth gap with $70m AI platform

AGI targets insurance broker growth gap with $70m AI platform

American Growth Insurance (AGI), an insurance brokerage focused on specialty commercial and personal lines, has launched with nearly $70m in committed equity to build...
Collective adds insurance to its platform for the self-employed

Collective adds insurance to its platform for the self-employed

Collective, the all-in-one financial platform designed solely for self-employed entrepreneurs, has unveiled its Insurance Center, giving members across all 50 US states a single...
Liberty Mutual

Liberty Mutual Re names new global cyber reinsurance chief

Liberty Mutual Reinsurance Group (LM Re), the reinsurance arm of Liberty Mutual Insurance Group, has named Tom Spurgeon as its new global head of...

Cytora and InformData move to derisk commercial submissions

Cytora, the digital risk processing platform serving commercial insurance carriers, has formed a partnership with InformData, a network specialising in verifiable people data, in...
Carpe unveils Carpe Claims suite for agentic insurance era

Carpe unveils Carpe Claims suite for agentic insurance era

Carpe, an InsurTech firm that delivers AI-driven intelligence to insurers, has unveiled Carpe Claims, a unified suite combining ten years of claims expertise with...
Lemonade expands renters cover into Nebraska

Lemonade expands renters cover into Nebraska

Lemonade, a technology-driven insurance provider, has rolled out its renters insurance product in Nebraska, opening up its digital-first coverage to tenants across the state. The...
Marshmallow strengthens FinProms controls with AI

Marshmallow strengthens FinProms controls with AI

Marshmallow has partnered with compliance technology provider Adclear to strengthen oversight of its financial promotions, as insurers face growing regulatory scrutiny under the FCA's...
Corgi unveils Golden, a sports insurance vertical

Corgi unveils Golden, a sports insurance vertical

Corgi Insurance, the AI-native InsurTech, has unveiled Golden by Corgi, a new vertical dedicated to serving sports and entertainment organisations, including leagues, federations, clubs,...
One Inc expands insurance payments through CalcFocus partnership

One Inc expands insurance payments through CalcFocus partnership

One Inc, a digital payments network for the insurance industry, has entered a partnership with policy administration provider CalcFocus to support life insurers in...
PremFina expands funding base with £400m Lloyds facility

PremFina expands funding base with £400m Lloyds facility

PremFina, the UK-based insurance premium finance provider, has secured a £400m senior debt facility from Lloyds as it expands its funding capacity to support...

News Stories

Mapfre takes 38.9% stake in InsurTech Tuio

Mapfre takes 38.9% stake in InsurTech Tuio

Mapfre, the insurance group, has agreed to take a holding in Tuio, a specialist digital insurance distributor built on advanced technology and a mature...
Verisk deepens event response with MIS acquisition

Verisk deepens event response with MIS acquisition

Verisk, a strategic data analytics and technology partner serving the global insurance sector, has completed the purchase of McKenzie Intelligence Services (MIS), a firm...
Ominimo reaches $1.6bn valuation with AI motor insurance

Ominimo reaches $1.6bn valuation with AI motor insurance

Ominimo, a Budapest-based InsurTech using AI and advanced data analytics to transform motor insurance, has secured $22.5m in Series B funding at a $1.6bn valuation,...
Can Curant.ai solve insurance’s claims complexity problem?

Can Curant.ai solve insurance’s claims complexity problem?

Curant.ai, an AI-powered InsurTech platform focused on modernising insurance claims, has secured $3.1m in seed funding as insurers look to move from early AI...
Can commercial carriers survive the end of the hard market?

Can commercial carriers survive the end of the hard market?

The prolonged hard market in North American commercial insurance has begun to ease, creating a new challenge for property and casualty (P&C) insurers as...
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