Earnix raises $290m to expand AI insurance platform

Earnix, a global leader in dynamic AI for insurance and banking, has raised $290m in a single-asset Continuation Vehicle led by TPG GP Solutions in partnership with JVP, the venture capital firm that initially backed the company.

Earnix raises $290m to expand AI insurance platform

September 9, 2025

Earnix, a global leader in dynamic AI for insurance and banking, has raised $290m in a single-asset Continuation Vehicle led by TPG GP Solutions...

Elysian, an AI-native third-party administrator for commercial insurance claims, has closed a $6m seed funding round.

Elysian secures $6m to transform commercial claims with AI

September 5, 2025

Elysian, an AI-native third-party administrator for commercial insurance claims, has closed a $6m seed funding round. The round was led by Portage, with additional participation...

Policybazaar for Business, the B2B arm of Indian InsurTech Policybazaar.com, has launched reinsurance operations in the UAE, Qatar, Oman, and Sri Lanka.

Policybazaar for Business launches reinsurance in UAE and Asia

September 3, 2025

Policybazaar for Business, the B2B arm of Indian InsurTech Policybazaar.com, has launched reinsurance operations in the UAE, Qatar, Oman, and Sri Lanka. The launch is designed...

The insurance industry is standing at a critical crossroads as climate volatility intensifies. From record-breaking wildfires to devastating floods, the scale and frequency of natural disasters are growing, placing immense strain on traditional risk models. According to Earnix’s latest brochure, insurers are now at a “tipping point” where outdated systems can no longer keep pace with the speed and unpredictability of climate-driven risk.

Why insurers must modernise to manage climate risk

September 2, 2025

The insurance industry is standing at a critical crossroads as climate volatility intensifies. From record-breaking wildfires to devastating floods, the scale and frequency of...

Hyderabad-headquartered ForaySoft, a global consulting and systems integration firm, has partnered with US-based ES Search Consultants to develop modular technology components for the insurance sector.

ForaySoft and ES Search launch AI tools for insurers

September 2, 2025

Hyderabad-headquartered ForaySoft, a global consulting and systems integration firm, has partnered with US-based ES Search Consultants to develop modular technology components for the insurance...

Allianz UK, one of the country’s largest general insurers, has announced a partnership with Evoque Group Limited, a supplier specialising in zero-to-landfill solutions, to advance sustainability across its claims management processes.

Evoque and Allianz UK join forces on sustainable claims

September 2, 2025

Allianz UK, one of the country’s largest general insurers, has announced a partnership with Evoque Group Limited, a supplier specialising in zero-to-landfill solutions, to...

Markel Insurance, the insurance operations within Markel Group Inc., has expanded its Canadian offerings with the launch of Cyber 360 Canada, Tech 360 Canada, and Fintech 360 Canada policies, now available on a primary basis.

Markel launches tailored insurance solutions for Canadian tech space

August 29, 2025

Markel Insurance, the insurance operations within Markel Group Inc., has expanded its Canadian offerings with the launch of Cyber 360 Canada, Tech 360 Canada,...

Google, the global technology giant, has announced the launch of a new device protection program, Pixel Care+.

Google launches Pixel Care+ device protection

August 29, 2025

Google, the global technology giant, has announced the launch of a new device protection program, Pixel Care+. The launch of Pixel Care+ comes as Google...

Sompo Holdings, a major Japanese insurance group, will acquire Aspen Insurance Holdings Limited, a leading global specialty insurer and reinsurer, in a $3.5bn transaction.

Sompo to acquire Aspen Insurance for $3.5bn

August 29, 2025

Sompo Holdings, a major Japanese insurance group, will acquire Aspen Insurance Holdings Limited, a leading global specialty insurer and reinsurer, in a $3.5bn transaction. The...

McKenzie Intelligence Services (MIS), a leader in geospatial intelligence, and Eagleview, a trailblazer in geospatial technology, have announced a strategic collaboration aimed at enhancing the insurance industry’s ability to respond to North American catastrophes.

MIS and Eagleview partner to transform catastrophe response

August 28, 2025

McKenzie Intelligence Services (MIS), a leader in geospatial intelligence, and Eagleview, a trailblazer in geospatial technology, have announced a strategic collaboration aimed at enhancing...