Company News

Accelerant partners with $220m-backed WoodStar insurer

Accelerant partners with $220m-backed WoodStar insurer

Accelerant, the data-driven risk exchange platform serving the specialty insurance marketplace, has struck a partnership with the newly launched WoodStar Reciprocal Exchange, a carrier...

Optalitix moves underwriting AI from pilot to platform layer

Optalitix, a London-based InsurTech specialising in pricing and underwriting software, has upgraded its Optalitix Quote platform with agentic AI capabilities designed to help insurers,...
Weecover targets banks' $1.1tn embedded insurance gap

Weecover targets banks’ $1.1trn embedded insurance gap

Weecover, an InsurTech insurance distribution platform, is deepening its focus on banks and financial institutions with technology built to help organisations modernise, manage and...

Allianz UK expands Complete Business digital offering

Allianz UK, the insurance giant, has enhanced its Complete Business proposition for digital trading, aiming to help brokers place SME risks online with greater...
Patra secures US patent for AI value extraction tech

Patra secures US patent for AI value extraction tech

Patra, an outcome-focused operating partner serving the insurance industry, has been granted a US patent covering the technology behind its Policy Checking AI. The United...
Travelers backs Applied’s AI-powered renewal quoting push

Travelers backs Applied’s AI-powered renewal quoting push

Applied Systems, a provider of insurance software, has launched a submissionless quoting capability for commercial insurance, with The Travelers Companies joining as the first...
Quensus

Quensus wins WEL1 backing to expose hidden water waste

Quensus, a smart water management technology provider, has won WEL1 funding to trial The WIN Initiative, a project designed to root out hidden water...
Fleet maintenance faces AI shake-up as Targa launches new tool

Fleet maintenance faces AI shake-up as Targa launches new tool

Targa Telematics, an AIoT and connected mobility technology provider, has launched an agentic AI-powered maintenance platform designed to automate fleet operations and improve vehicle...
Bamboo Insurance targets affordability with new HO2 plan

Bamboo Insurance targets affordability with new HO2 plan

Bamboo Insurance, a technology-enabled managing general underwriter specialising in homeowners' coverage, has rolled out its new Essential homeowners programme, an HO2 product aimed at...

Ardonagh launches InsurTech venture Axiiem

The Ardonagh Group, one of the world's largest independent insurance distribution platforms and a top 15 global broker, has unveiled Axiiem, a new InsurTech...

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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