Company News

PolicyStreet has secured $21m in the first close of its Series C round as the Malaysian InsurTech scales its embedded insurance platform across Asia.

Malaysian InsurTech PolicyStreet bags $21m

PolicyStreet has secured $21m in the first close of its Series C round as the Malaysian InsurTech scales its embedded insurance platform across Asia. The...
AI platform Cara has raised $8m in seed funding to help insurance brokerages automate sales and servicing workflows.

Cara raises $8m to scale AI infrastructure for brokers

AI platform Cara has raised $8m in seed funding to help insurance brokerages automate sales and servicing workflows. The round was led by Kearny Jackson,...
Growth in the technology sector is often measured in product launches, new markets and revenue milestones. But behind those visible markers lies another challenge that is harder to quantify: building a global company without losing the culture that made it successful in the first place.

Inside Akur8’s approach to scaling culture across a global company

Growth in the technology sector is often measured in product launches, new markets and revenue milestones. But behind those visible markers lies another challenge...
Cyber risk analytics firm KYND has warned insurers that lawsuits linked to routine website tracking practices in the US are rising sharply, creating a new and potentially scalable source of liability across SMB portfolios.

KYND flags growing website privacy litigation risk for insurers

Cyber risk analytics firm KYND has warned insurers that lawsuits linked to routine website tracking practices in the US are rising sharply, creating a...
WTW has announced a restructuring of its Insurance Consulting and Technology operations in EMEA, creating dedicated property and casualty (P&C) and life businesses to strengthen expertise and accelerate innovation.

WTW revamps EMEA insurance consulting structure

WTW has announced a restructuring of its Insurance Consulting and Technology operations in EMEA, creating dedicated property and casualty (P&C) and life businesses to...
Embedded insurance platform Qover has secured a $12m growth capital facility from CIBC Innovation Banking, bringing its total funding since launch to more than $100m.

Qover extends funding with $12m CIBC growth facility

Embedded insurance platform Qover has secured a $12m growth capital facility from CIBC Innovation Banking, bringing its total funding since launch to more than...
The growing importance of agile pricing in consumer lending

The growing importance of agile pricing in consumer lending

Lending markets are moving at a faster pace than many institutions are used to. Interest rates shift frequently, competitors adjust offers more often, and...
Actuarial teams have long relied on a patchwork of tools to manage pricing, reserving and regulatory reporting. Models are built in one system, rate assets stored in another and final decisions are often implemented through entirely separate processes.

Inside the product strategy shaping Akur8’s actuarial platform

Actuarial teams have long relied on a patchwork of tools to manage pricing, reserving and regulatory reporting. Models are built in one system, rate...
Corgi Insurance has acquired the Corgi.com domain as it continues building what it describes as the first fully integrated, AI-powered insurance carrier.

Corgi Insurance buys Corgi.com to strengthen brand

Corgi Insurance has acquired the Corgi.com domain as it continues building what it describes as the first fully integrated, AI-powered insurance carrier. The company said...
Zurich Insurance US has extended its long-standing partnership with insurance software provider Insurity, continuing a collaboration that has spanned more than 30 years.

Zurich and Insurity extend 30-year insurance tech partnership

Zurich Insurance US has extended its long-standing partnership with insurance software provider Insurity, continuing a collaboration that has spanned more than 30 years. The agreement...
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News Stories

The US insurance distribution ecosystem is one of the largest and most complex financial services networks in the world. Millions of licensed producers, tens of thousands of independent agencies, and a growing volume of licensing and compliance transactions all play a role in how insurance products reach customers.

What the latest data says about the US insurance producer landscape

The US insurance distribution ecosystem is one of the largest and most complex financial services networks in the world. Millions of licensed producers, tens...
Cover Genius, an embedded protection InsurTech, has partnered with Tongcheng Travel, an Asian online travel platform, to introduce embedded travel insurance for international customers in Malaysia and the Philippines.

Cover Genius expands Asia travel insurance footprint with Tongcheng Travel

Cover Genius, an embedded protection InsurTech, has partnered with Tongcheng Travel, an Asian online travel platform, to introduce embedded travel insurance for international customers...
Sixfold, an underwriting AI platform provider, has upgraded its AI Underwriting Brain with a new capability designed to capture and scale underwriting expertise across organisations.

Sixfold enhances underwriting AI with institutional knowledge engine

Sixfold, an underwriting AI platform provider, has upgraded its AI Underwriting Brain with a new capability designed to capture and scale underwriting expertise across...
Aviva, a UK insurance group, has expanded its AI-powered underwriting summarisation tool to individual critical illness applications, marking a further step in its use of generative AI across protection insurance.

Aviva rolls out AI-powered critical illness underwriting capability

Aviva, a UK insurance group, has expanded its AI-powered underwriting summarisation tool to individual critical illness applications, marking a further step in its use...
Zego secures $28m to expand telematics in Japan

Zego secures $28m to expand telematics in Japan

Zego, a UK-based digital motor InsurTech, has announced a strategic partnership with Sompo Holdings, one of Japan's largest insurance groups, as part of a...
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