Company News

By Miles launches connected platform

UK-based pay-by-mile car insurance startup By Miles has launched its By Miles Connect platform which will allow drivers of connected cars to connect their insurance policy to the company directly from their car.

Cyber insurer Coalition adds Vantage to its excess program

Cyber insurance platform Coalition has added Vantage, a re/insurance partner established in 2020, to its US excess cyber program through its Vantage Risk Specialty Insurance Company.

Tractable and Aviva team up for AI-powered motor claims

InsurTech Tractable has signed an agreement with UK-based insurer Aviva, to improve the accuracy and efficiency of UK motor claims by using artificial intelligence (AI).

InsurTech Draftrs launches digital platform

Draftrs, an InsurTech company focused on modernising small business professional liability insurance, has launched a digital insurance platform.

Beazley joins forces with Cytora to automate risk

Beazley, a global specialist insurer, has partnered with InsurTech Cytora to automate risk processing and accelerate profitable growth.

Tesla takes on auto insurance market

Austin, Texas-based Tesla has rolled-out its real-time data insurance product in three more states: Colorado, Oregon and Virginia.

Transverse Insurance unveils InsurTech fund

Transverse Insurance Group, a property & casualty (P&C) carrier, has launched a venture capital fund, Transverse Ventures Fund I, that will focus on early-stage investments in insurance and InsurTech.

Surer addresses insurers pain points

Singapore-based InsurTech firm Surer has released an improved version of its platform to enhance its digital ecosystem.

Women in InsurTech: climbing the corporate ladder

What can businesses and advocates do to improve the diversity and inclusion ratio of women in insurance, particular in leadership roles? Novidea recently spoke to three successful women in the industry about their experiences climbing to the top.

Ohio Mutual to deploy Pinpoint Predictive platform for insurers

Pinpoint Predictive, which provides “predictive power” to carriers and MGAs, has partnered with Ohio Mutual Insurance Group, to use applied data and analytics to more accurately predict and evaluate loss risk for the mutual insurer.

News Stories

Starpeak secures August Equity investment

Starpeak secures August Equity investment

August Equity, a UK-based private equity investor focused on lower-mid-market businesses, has agreed to invest in Starpeak, a specialist insurance distributor serving niche personal...

AEGIS London and Augentic unveil digital consortium

AEGIS London, a top-quartile Lloyd's syndicate, and Augentic, a tech-enabled MGA, have joined forces to launch a new cross-class digital follow consortium within the...
Why insurance’s distribution data goldmine matters now

Why insurance’s distribution data goldmine matters now

Insurance distribution has traditionally been treated as an operational challenge. Carriers, MGAs and agencies have invested in technology to onboard producers, manage licences and...

Alliant Insurance buys Nava in AI benefits push

Alliant Insurance Services, one of the largest insurance brokers and consultants in the US, has agreed to acquire Nava Benefits, the AI-native employee benefits...
RockRose Risk lands $12.5m to reshape wildfire insurance

RockRose Risk lands $12.5m to reshape wildfire insurance

RockRose Risk, the insurance brokerage that rewards property owners for reducing wildfire exposure, has completed a $12.5m Series A round. The financing was jointly led...
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