Company News

Pit secures $16m led by Andreessen Horowitz

Pit, a Swedish AI startup developing custom enterprise software, has emerged from stealth with $16m in seed funding led by Andreessen Horowitz, as it...
Insurance has always depended on timing. Risk is captured at a specific moment, translated into a price, and expected to remain broadly stable until the next review. For much of the industry’s history, that assumption has held. Risk moved, but not so quickly that it escaped the frame of underwriting.

How real-time risk visibility is reshaping the insurance lifecycle

Insurance has always depended on timing. Risk is captured at a specific moment, translated into a price, and expected to remain broadly stable until...
Financial institutions are not short on data. If anything, they are overwhelmed by it. The real challenge now is turning that data into something usable for pricing, underwriting, and risk decisions, quickly, consistently, and at scale. That is where most organisations are still falling short. With Elevate Data now generally available, Earnix is focusing on a different problem, not how to store more data, but how to make it decision-ready.

Why data readiness is now the real bottleneck in insurance analytics

Financial institutions are not short on data. If anything, they are overwhelmed by it. The real challenge now is turning that data into something...
Laka, a UK-based InsurTech specialising in micromobility cover, has acquired the bike insurance business of VeloLife to expand its distribution network and strengthen its position in the European cycling insurance market.

Laka strengthens dealer network with VeloLife deal

Laka, a UK-based InsurTech specialising in micromobility cover, has acquired the bike insurance business of VeloLife to expand its distribution network and strengthen its...

Aventum buys Post & Co to strengthen European presence

Aventum Group has acquired Post & Co to establish a foothold in continental Europe and deepen its marine insurance capabilities. The deal gives Aventum immediate...
OCTO, a global telematics and analytics specialist, has partnered with Sedgwick, a leading provider of claims management solutions, to integrate telematics data with claims services and reshape how insurers handle motor and mobility-related claims.

OCTO teams with Sedgwick to enhance insurance claims data

OCTO, a global telematics and analytics specialist, has partnered with Sedgwick, a leading provider of claims management solutions, to integrate telematics data with claims...
Global law firm Norton Rose Fulbright has launched the ninth edition of its Insurathon competition, offering InsurTech startups and scale-ups the chance to secure £50k in combined legal support and potential investment.

InsurTech startups to compete for £50k Insurathon prize

Global law firm Norton Rose Fulbright has launched the ninth edition of its Insurathon competition, offering InsurTech startups and scale-ups the chance to secure...
Insurance analytics has become more powerful, more automated, and more widespread, yet insurers are still struggling with a familiar problem. They are surrounded by data, alerts, and model outputs, but often unclear on what actually requires action.

What insurance analytics misses when monitoring data drift at scale

Insurance analytics has become more powerful, more automated, and more widespread, yet insurers are still struggling with a familiar problem. They are surrounded by...
Ghanaian InsurTech Bima is set to be acquired by Mobile-health Network Solutions (MNDR) in a deal supported by up to $119m in funding from Hector Capital.

Bima set for MNDR takeover in $119m deal

Ghanaian InsurTech Bima is set to be acquired by Mobile-health Network Solutions (MNDR) in a deal supported by up to $119m in funding from...
SUPERAGENT AI, a provider of AI-driven solutions for insurance agencies, has launched a new platform designed to function as a unified autonomous workforce, streamlining communication, quoting and customer engagement.

Superagent AI launches autonomous platform for agencies

SUPERAGENT AI, a provider of AI-driven solutions for insurance agencies, has launched a new platform designed to function as a unified autonomous workforce, streamlining...
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Kin Insurance, a US InsurTech focused on homeowners coverage in catastrophe-exposed regions, has secured $335m in its largest catastrophe bond transaction to date.

Kin Insurance lands $335m bond to bolster US storm protection

Kin Insurance, a US InsurTech focused on homeowners coverage in catastrophe-exposed regions, has secured $335m in its largest catastrophe bond transaction to date. The raise...
Allianz Commercial will transfer its standalone cyber insurance portfolio to Coalition as part of a long-term partnership to consolidate the global cyber insurance market. 

Allianz and Coalition form exclusive cyber insurance alliance

Allianz Commercial will transfer its standalone cyber insurance portfolio to Coalition as part of a long-term partnership to consolidate the global cyber insurance market.  The...
InsurTech firm Corgi has reached unicorn status after raising $160m in Series B funding at a $1.3bn valuation.

Corgi hits unicorn status after $160m Series B

InsurTech firm Corgi has reached unicorn status after raising $160m in Series B funding at a $1.3bn valuation. The round brings Corgi’s total funding to...

Pit secures $16m led by Andreessen Horowitz

Pit, a Swedish AI startup developing custom enterprise software, has emerged from stealth with $16m in seed funding led by Andreessen Horowitz, as it...
Insurance has always depended on timing. Risk is captured at a specific moment, translated into a price, and expected to remain broadly stable until the next review. For much of the industry’s history, that assumption has held. Risk moved, but not so quickly that it escaped the frame of underwriting.

How real-time risk visibility is reshaping the insurance lifecycle

Insurance has always depended on timing. Risk is captured at a specific moment, translated into a price, and expected to remain broadly stable until...
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