Company News

Sixfold, an AI underwriting InsurTech company focused on modernising insurance decision-making, has secured fresh capital as it looks to deepen its footprint with insurers around the world.

AI underwriting InsurTech Sixfold raises $30m Series B round

Sixfold, an AI underwriting InsurTech company focused on modernising insurance decision-making, has secured fresh capital as it looks to deepen its footprint with insurers...
London-based Plum FinTech, a consumer money management and savings app, has partnered with Qover, an embedded insurance and InsurTech provider, to introduce worldwide travel protection for its users as part of a broader push to become a more holistic financial platform.

Plum FinTech and Qover expand embedded travel insurance offering

London-based Plum FinTech, a consumer money management and savings app, has partnered with Qover, an embedded insurance and InsurTech provider, to introduce worldwide travel...
Aon, a global professional services firm, and DataRobot, an enterprise AI platform provider focused on operationalising artificial intelligence at scale, have announced a collaboration centred on applying agentic AI to selected insurance onboarding and servicing workflows.

Aon and DataRobot partner to deploy agentic AI in insurance workflows

Aon, a global professional services firm, and DataRobot, an enterprise AI platform provider focused on operationalising artificial intelligence at scale, have announced a collaboration...
Recare, a Berlin-based HealthTech company specialising in digital discharge management and AI-driven care coordination, has secured a growth financing round of up to €37m to accelerate product development and expand beyond its home market.

German HealthTech Recare raises €37m for hospital workflow AI

Recare, a Berlin-based HealthTech company specialising in digital discharge management and AI-driven care coordination, has secured a growth financing round of up to €37m...
Canadian personal lines insurer Industrial Alliance Auto and Home (iAAH) has gone live on EIS OneSuite, the SaaS core insurance platform developed by EIS, as part of its long-term core system modernisation programme.

iAAH completes core platform go-live with EIS OneSuite

Canadian personal lines insurer Industrial Alliance Auto and Home (iAAH) has gone live on EIS OneSuite, the SaaS core insurance platform developed by EIS,...
Global insurance and reinsurance broker WTW has completed its acquisition of San Francisco-based Newfront, a deal valued at $1.3bn, including upfront and contingent consideration.

WTW closes $1.3bn Newfront deal to expand US market presence

Global insurance and reinsurance broker WTW has completed its acquisition of San Francisco-based Newfront, a deal valued at $1.3bn, including upfront and contingent consideration. The...
Allianz Commercial has opened a new Latin America Hub in Miami, establishing a regional base to serve clients and brokers across Latin America.

Allianz Commercial opens Miami hub to expand LatAm operations

Allianz Commercial has opened a new Latin America Hub in Miami, establishing a regional base to serve clients and brokers across Latin America. The hub...
Broker Insights, a Dundee-based InsurTech specialising in data-driven commercial insurance distribution, has unveiled the latest version of its VISION platform, as it looks to reshape the commercial insurance sector.

Broker Insights updates VISION platform to transform commercial cover

Broker Insights, a Dundee-based InsurTech specialising in data-driven commercial insurance distribution, has unveiled the latest version of its VISION platform, as it looks to...
Fulcrum, a US-based InsurTech company focused on automating back-office processes for insurance brokers, has raised $25m as it looks to expand the reach of its software among some of the largest brokerage houses in the country.

US InsurTech Fulcrum secures $25m for insurance automation platform

Fulcrum, a US-based InsurTech company focused on automating back-office processes for insurance brokers, has raised $25m as it looks to expand the reach of...
Gulf States Insurance Group, a US insurance provider, has partnered with insured.io, a cloud-based, omnichannel customer engagement platform for insurance organisations, to advance its digital transformation initiatives.

insured.io powers Gulf States’ omnichannel insurance platform

Gulf States Insurance Group, a US insurance provider, has partnered with insured.io, a cloud-based, omnichannel customer engagement platform for insurance organisations, to advance its...

News Stories

TPG-backed Third Wave broadens regional brokerage reach

TPG-backed Third Wave broadens regional brokerage reach

Third Wave Insurance, the retail insurance brokerage platform backed by global alternative asset manager TPG, has agreed to acquire five insurance and advisory firms...
Why Cover Genius snapped up Berlin's Friendsurance

Why Cover Genius snapped up Berlin’s Friendsurance

Cover Genius, the embedded protection infrastructure firm, has bought Berlin-based InsurTech Friendsurance, deepening its footprint in European bancassurance and reinforcing its reach across Germany,...
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,...
227198

60,000+ InsurTech leaders get exclusive insights delivered every week