Commercial/Enterprise Insurance

Quandri, a Canadian InsurTech startup transforming insurance brokerage operations through AI-powered automation, has secured $12m in a Series A funding round, marking a significant...

InsurTech company Lemonade has donated more than $2.1m to 45 nonprofit organisations through its 2025 Giveback program.

From pricing and reserving to risk assessment and capital modelling, Excel’s ubiquity has made it indispensable. But its limitations are becoming too obvious to ignore, according to to actuarial software firm Akur8. Long the default tool for actuaries, spreadsheets are increasingly being outmatched by the complexity and demands of modern insurance modelling. 

Allianz Global Corporate & Specialty SE has entered a strategic partnership with Hydor, a specialist underwriting firm with regional expertise in marine insurance to expand the scope and resilience of marine liability coverage across the Asia-Pacific region.

Saifr, an AI technology firm incubated within Fidelity Labs, has unveiled a new AI-powered product aimed at streamlining compliance for insurance advertising.

Cowbell, a US-based cyber insurance provider for SMEs and middle-market companies, has partnered with Zurich North America to launch Zurich Select Plus, a modular multi-line insurance product available through the E&S channel.

Yorkshire Building Society has helped its customers save more than £1m on home insurance premiums, thanks to its 0% commission model launched in partnership with Uinsure six months ago.

YuLife, a UK-based InsurTech firm, has launched Preventative AI, a new technology designed to revolutionise underwriting and risk management by integrating real-time health data and predictive analytics.

COVR Global, a London-based InsurTech startup focused on revolutionising insurance claims processing, has secured $2.5m in seed funding to accelerate the development of its AI-powered decision engine.

As insurers seek to refine pricing strategies that boost profitability without losing customer trust, price optimisation remains a hot topic in the InsurTech space. But while it can offer strong margin improvements, it also raises ethical red flags, particularly when applied unfairly across new and existing customers. InsurTech pricing platform Quantee is actively exploring this challenge, developing approaches that align strategic business goals with ethical pricing conduct.