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.

Corgi hits unicorn status after $160m Series B

May 8, 2026

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

May 8, 2026

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

May 8, 2026

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

May 7, 2026

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

May 7, 2026

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

May 7, 2026

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

May 7, 2026

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

May 6, 2026

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

May 6, 2026

Insurance analytics has become more powerful, more automated, and more widespread, yet insurers are still struggling with a familiar problem. They are surrounded by...