Industry News

Instabase achieves $2bn valuation post $45m Series C round, announces AI Hub platform launch

Instabase, the enterprise sector leader in Applied AI, today revealed the successful completion of its Series C funding round and the inauguration of its AI Hub. The firm specialises in crafting advanced AI applications and generative AI tools tailored for modern businesses.
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Guidewire to Elevate QBE North America’s Operations with Innovative Cloud Claims Management

Global insurer and reinsurer, QBE North America, a branch of QBE Insurance Group Limited, and Guidewire, a trusted platform for property and casualty (P&C) insurers, have revealed a strategic partnership.
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OWIT Global and Canopius US Insurance team up to streamline bordereaux data management

OWIT Global, recognised as the leading cloud-based InsurTech firm focused on digitalising the international insurance industry, has announced a successful implementation of their Bordereaux Management Solution by Canopius US Insurance. 
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Japan Post Insurance partners with KKR and Global Atlantic to diversify growth strategy

Japan Post Insurance, KKR & Co, and Global Atlantic Financial Group, have publicly announced the formation of a strategic partnership. Furthermore, Japan Post Insurance plans to substantiate its investment in a reinsurance co-investment vehicle, pioneered by Global Atlantic.
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NEXT Insurance and Gusto Embedded expand partnership to revolutionise small business protection

NEXT Insurance, a digital InsurTech player revolutionising small business insurance, has announced an intensified collaboration with Gusto Embedded, a significant developer platform and support infrastructure.
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Hub International ramps up digital insurance capabilities with EINSURANCE acquisition

In a groundbreaking move, Hub International Limited, a leading global insurance brokerage and financial services firm, has acquired the assets of E-Insure Services, a pioneer in data-driven insurance marketing.
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Cyber risk expert KYND makes a splash in the US insurance market

KYND, a pioneer in cyber risk management technology and services based in the UK, is excited to announce its expansion into the US insurance market.
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Munich Re partners with Majesco for transformative insurance platform

Majesco, an international front-runner in cloud insurance platform software, and Munich Re Specialty Group North America (MRSGNA), part of global reinsurance provider Munich Re, have announced their collaboration.
Berlin's InsurTech pioneer INZMO launches AI chatbot NIMO

Berlin’s InsurTech pioneer INZMO launches AI chatbot NIMO

Headquartered in Berlin, INZMO, a front-runner in the European InsurTech scene, has disclosed the debut of its novel chatbot assistant, NIMO.
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Hippo Holdings’ Spinnaker Insurance secures $110m for debut catastrophe bond

Spinnaker Insurance Company, a fully owned subsidiary of Hippo Holdings, has announced a significant stride in the insurance industry, unveiling the successful sponsorship of a catastrophe bond from Mountain Re Ltd.

News Stories

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...
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