Exits

How the coronavirus will affect different segments of the FinTech industry

As COVID-19 rages on across the world, the affects on the FinTech segment of the economy is already letting itself be known.

FinTech unicorns and startups to face a coronavirus-created “vicious cycle” that could slash their...

The global COVID-19 outbreak could worsen business and funding conditions as well as changing private FinTechs’ exit options, according to a new report.

Aon looks to boost cyber insurance operations with new deal

Aon, a risk, retirement and health solutions provider, has acquired Canadian cybersecurity platform Cytelligence.

CFC acquires cyber insurance underwriter

Specialist insurance provider CFC has acquired ThreatInformer, a provider cyber insurance underwriting, broking and reinsurance.

Sedgwick acquires SaaS developer to boost insurance restoration contracting services

Sedgwick, a technology-enabled risk, benefits and integrated business solutions, has acquired SaaS solution developer G&E Enterprises for an undisclosed amount.

Insurity acquires fellow InsurTech platform SpatialKey

Data analytics platform for insurance brokers Insurity has acquired SpatialKey, a geospatial analytics and data enrichment hub, for an undisclosed amount.

Sapiens acquires InsurTech sum.cumo in €28.4m deal

InsurTech provider Sapiens International Corporation has bought a German startup to boost its digital offering and to push further into Germany, Austria and Switzerland.

Verisk will acquire InsurTech company FAST for $193.5m

Data analytics provider Verisk have signed a definitive agreement to buy FAST, a software company for the life insurance and annuity industry, for $193.5m

Hippo to offer home maintenance services after Sheltr acquisition

Hippo has released its protective home maintenance services following the acquisition of Sheltr, a platform that helps homeowners take care of their homes.

Private equity firm Tailwind Capital acquires risk management platform Ventiv

Mid-market private equity firm Tailwind Capital has acquired Ventiv Technology, a global software provider of integrated risk management solutions.

News Stories

Five Sigma was founded in 2017 to leverage insurance data with deep tech. Oded Barak, Co-founder and CEO, and his partners in Five Sigma brought in domain experts in claims and tech and worked to put together a cloud solution that transformed the claims management market. Now, they’ve released another such product.

Five Sigma’s AI adjuster Clive is transforming claims management

Five Sigma was founded in 2017 to leverage insurance data with deep tech. Oded Barak, Co-founder and CEO, and his partners in Five Sigma...
World Nomads, an InsurTech specialising in travel insurance, has joined forces with Air Doctor, a global medical network, to provide travellers with improved access to healthcare services.

Air Doctor and World Nomads collaborate to deliver seamless medical care in 75+ countries

World Nomads, an InsurTech specialising in travel insurance, has joined forces with Air Doctor, a global medical network, to provide travellers with improved access to healthcare services.
Coverdash, a fast-growing InsurTech broker that specialises in startups and small-to-medium-sized businesses (SMBs), is set to introduce business insurance offerings directly to LendingTree customers.

Coverdash partners with LendingTree to simplify business insurance for SMBs

Coverdash, a fast-growing InsurTech broker that specialises in startups and small-to-medium-sized businesses (SMBs), is set to introduce business insurance offerings directly to LendingTree customers.
The insurance sector is currently faced with a pressing need to enhance accuracy in risk assessment, streamline claims verification, and personalise coverage to meet rising customer demands. With expectations higher than ever, firms are now looking for a panacea. Enter agentic AI—an innovative solution that is being tipped by many to transform the InsurTech sector in 2025.  

How agentic AI will transform InsurTech in 2025

The insurance sector is currently faced with a pressing need to enhance accuracy in risk assessment, streamline claims verification, and personalise coverage to meet rising customer demands. With expectations higher than ever, firms are now looking for a panacea. Enter agentic AI—an innovative solution that is being tipped by many to transform the InsurTech sector in 2025.  
Remote, a leading global HR platform and payroll provider, has teamed up with InsurTech firm Kota to enable companies to seamlessly manage their employee health benefits across multiple countries.

Remote partners with Kota to simplify global health insurance management for businesses

Remote, a leading global HR platform and payroll provider, has teamed up with InsurTech firm Kota to enable companies to seamlessly manage their employee health benefits across multiple countries.

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