Company News

Defaqto, the UK’s leading provider of financial product ratings, has acquired Pearson Ham Group’s Market Pricing Business for £11m.

Defaqto boosts UK insurance data with £11m acquisition

Defaqto, the UK’s leading provider of financial product ratings, has acquired Pearson Ham Group’s Market Pricing Business for £11m. The move is set to significantly...
Armilla AI, a US-based InsurTech specialising in AI liability coverage, has raised $25m to expand its insurance offerings amid growing demand for protection against generative AI risks.

AI InsurTech Armilla AI secures $25m funding round

Armilla AI, a US-based InsurTech specialising in AI liability coverage, has raised $25m to expand its insurance offerings amid growing demand for protection against...
Helium Ventures, an AI-native holding company that acquires and stewards software businesses, has acquired InsurGrid, a leading InsurTech platform for insurance policy data collection and verification, used by over 2,500 property and casualty insurance agents nationwide.

InsurGrid joins Helium Ventures to transform P&C insurance

Helium Ventures, an AI-native holding company that acquires and stewards software businesses, has acquired InsurGrid, a leading InsurTech platform for insurance policy data collection...
Root Platform, Admiral Pioneer and Octopus Electric Vehicles have joined forces to embed motor insurance directly into the electric vehicle leasing journey.

Octopus EV teams up with Root and Admiral Pioneer on motor cover

Root Platform, Admiral Pioneer and Octopus Electric Vehicles have joined forces to embed motor insurance directly into the electric vehicle leasing journey. The partnership has...
Zinnia, a life insurance and annuity (L&A) technology provider, and Snowflake, the AI Data Cloud company, have announced a new integration designed to transform how insurers access, analyse and activate data.

Zinnia partners with Snowflake to power AI-driven insurance analytics

Zinnia, a life insurance and annuity (L&A) technology provider, and Snowflake, the AI Data Cloud company, have announced a new integration designed to transform...
XBuild, a construction-tech startup, with an AI-native estimating and proposal platform for contractors and insurers, focused initially on residential roofing and insurance restoration work, has raised $19m in Series A funding.

XBuild raises $19m to streamline insurance estimates

XBuild, a construction-tech startup, with an AI-native estimating and proposal platform for contractors and insurers, focused initially on residential roofing and insurance restoration work,...
MAPFRE, a global insurance group, and Carrefour Spain, the Spanish arm of the multinational retail giant Carrefour, have announced an exclusive distribution agreement aimed at integrating insurance products directly into the retail checkout experience.

MAPFRE joins Carrefour Spain to transform retail insurance

MAPFRE, a global insurance group, and Carrefour Spain, the Spanish arm of the multinational retail giant Carrefour, have announced an exclusive distribution agreement aimed...
Ardonagh Europe, a large insurance distribution and underwriting group, has announced the launch of Orvia Underwriting, a new pan-European Managing General Agent (MGA) platform.

Ardonagh Europe unveils pan-European MGA Orvia

Ardonagh Europe, a large insurance distribution and underwriting group, has announced the launch of Orvia Underwriting, a new pan-European Managing General Agent (MGA) platform. The...
Lemonade, a digital insurance company powered by AI and social impact, has announced the launch of Lemonade Autonomous Car insurance, a new product designed specifically for self-driving vehicles, beginning with Tesla Full Self-Driving (FSD).

Lemonade unveils autonomous car insurance for Tesla FSD

Lemonade, a digital insurance company, has announced the launch of Lemonade Autonomous Car insurance, a new product designed specifically for self-driving vehicles, beginning with...
Compliance is often treated as a software problem. MGAs compare features, pricing and dashboards, then assume the right tool will solve everything. In reality, compliance architecture is not about technology at all. It is about understanding how a business operates, where risk sits, and how oversight is enforced as scale increases.

The five compliance questions shaping modern MGAs

Compliance is often treated as a software problem. MGAs compare features, pricing and dashboards, then assume the right tool will solve everything. In reality,...

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,...
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