FinTech News

Travelers backs Applied’s AI-powered renewal quoting push

Travelers backs Applied’s AI-powered renewal quoting push

Applied Systems, a provider of insurance software, has launched a submissionless quoting capability for commercial insurance, with The Travelers Companies joining as the first...
Quensus

Quensus wins WEL1 backing to expose hidden water waste

Quensus, a smart water management technology provider, has won WEL1 funding to trial The WIN Initiative, a project designed to root out hidden water...
Sixfold study finds underwriters optimistic about AI

Sixfold study finds underwriters optimistic about AI

Sixfold, an AI underwriting company working with global insurers, has published new research revealing that AI is fuelling widespread optimism among underwriting professionals rather...

USAA expands Zinnia deal amid annuity market highs

Zinnia, a life and annuity technology firm, is deepening its work with insurance carriers, including an expanded agreement with USAA, as demand for annuities...
Fleet maintenance faces AI shake-up as Targa launches new tool

Fleet maintenance faces AI shake-up as Targa launches new tool

Targa Telematics, an AIoT and connected mobility technology provider, has launched an agentic AI-powered maintenance platform designed to automate fleet operations and improve vehicle...
US InsurTech deal activity H1 2026

California cemented its place as the main US InsurTech hub with 35% of all...

Key US InsurTech investment stats in H1 2026: US InsurTech deal activity grew by 10% YoY Californian companies secured 35% of all deals to...

The hidden bottleneck stalling insurance pricing gains

A technically brilliant pricing model can still destroy value if it stalls on the way to production, according to InsurTech pricing specialist Akur8. In a...
Bamboo Insurance targets affordability with new HO2 plan

Bamboo Insurance targets affordability with new HO2 plan

Bamboo Insurance, a technology-enabled managing general underwriter specialising in homeowners' coverage, has rolled out its new Essential homeowners programme, an HO2 product aimed at...

Ardonagh launches InsurTech venture Axiiem

The Ardonagh Group, one of the world's largest independent insurance distribution platforms and a top 15 global broker, has unveiled Axiiem, a new InsurTech...
SquareTrade Europe expands with insurer entity in Brussels

SquareTrade Europe expands with insurer entity in Brussels

SquareTrade Europe, a device protection and InsurTech business owned by Allstate, has established a licensed insurance entity in Brussels, marking a structural shift that...

News Stories

Why manual placement is InsurTech’s costliest blind spot

Despite billions of dollars invested in commercial insurance digitisation over the past decade, the wholesale distribution pipeline remains a paradox, according to a new...

Malaysian InsurTech PolicyStreet lifts Series C to $26m

PolicyStreet, a Malaysian InsurTech group offering digital insurance solutions across Asia and Australia, has reportedly added a further $5m to its Series C round,...
Accelerant partners with $220m-backed WoodStar insurer

Accelerant partners with $220m-backed WoodStar insurer

Accelerant, the data-driven risk exchange platform serving the specialty insurance marketplace, has struck a partnership with the newly launched WoodStar Reciprocal Exchange, a carrier...
Global InsurTech deal activity Q2 2026

US reinforced its position as the main global InsurTech hub with over half of...

Key global InsurTech investment stats in H1 2026: Global InsurTech funding grew 96% YoY in H1 US firms completed 56% of all global InsurTech...

Optalitix moves underwriting AI from pilot to platform layer

Optalitix, a London-based InsurTech specialising in pricing and underwriting software, has upgraded its Optalitix Quote platform with agentic AI capabilities designed to help insurers,...
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