FinTech News

MGAs

Insurance-native AI: the next edge for UK MGAs

The UK's managing general agent (MGA) sector has emerged as one of the standout performers in insurance, frequently beating the wider market across commercial,...

Cytora and InformData move to derisk commercial submissions

Cytora, the digital risk processing platform serving commercial insurance carriers, has formed a partnership with InformData, a network specialising in verifiable people data, in...
Why insurers can't afford the actuary vs data scientist divide

The hybrid actuarial role reshaping insurance pricing

Insurers face a growing dilemma: machine learning promises sharper pricing, yet models must remain explainable, compliant and commercially viable. According to Akur8, the answer...
How AI can rescue cyber submissions from the black hole

How AI can rescue cyber submissions from the black hole

Commercial insurance is wrestling with a silent crisis that IntellectAI has dubbed the "submission black hole", the unmanaged space inside a carrier's infrastructure where...
Klaimee raises $5.5m for AI agent liability cover

Klaimee raises $5.5m for AI agent liability cover

Klaimee, a Y Combinator-backed InsurTech offering insurance-backed performance warranties for AI agents, has secured $5.5m in seed funding. The round was led by FundersClub, with...
Carpe unveils Carpe Claims suite for agentic insurance era

Carpe unveils Carpe Claims suite for agentic insurance era

Carpe, an InsurTech firm that delivers AI-driven intelligence to insurers, has unveiled Carpe Claims, a unified suite combining ten years of claims expertise with...
Lemonade expands renters cover into Nebraska

Lemonade expands renters cover into Nebraska

Lemonade, a technology-driven insurance provider, has rolled out its renters insurance product in Nebraska, opening up its digital-first coverage to tenants across the state. The...
P&C insurers face control risks as AI adoption accelerates

P&C insurers face control risks as AI adoption accelerates

Artificial intelligence is becoming a key technology priority for property and casualty (P&C) insurers as carriers look to improve underwriting, portfolio management and operational...
Zinnia appoints Bloomberg Media veteran Key Kiarie as CFO

Zinnia appoints Bloomberg Media veteran Key Kiarie as CFO

Zinnia, a technology platform serving the life and annuities sector, has named Key Kiarie as its new chief financial officer, a move that comes...
Genki buys InsurTech Wave Claims in first acquisition

Genki buys InsurTech Wave Claims in first acquisition

Genki, a provider of international health insurance aimed at digital nomads and long-term travellers, has completed the purchase of Wave Claims, an InsurTech startup...

News Stories

Insurers move beyond AI pilots as governance takes control

Insurers move beyond AI pilots as governance takes control

The insurance sector is moving from AI experimentation towards more structured adoption, with governance, accountability and decision intelligence emerging as key priorities at MGAA...
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...
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