Consumer Platforms

Irys, an InsurTech company rebuilding insurance infrastructure from the ground up, has raised $12.5m in a seed round led by Markd, with participation from Deepwork Capital, Florida Opportunity Fund, Ansay & Associates, HICO Ventures, and JMG Capital.

Irys raises $12.5m as Markd backs next-gen InsurTech platform

Irys, an InsurTech company rebuilding insurance infrastructure from the ground up, has raised $12.5m in a seed round led by Markd, with participation from...
Kalepa, the leader in AI-powered underwriting solutions, and AmRisc, the largest catastrophe-focused Managing General Agent (MGA) in the United States, have announced a strategic partnership to enhance core underwriting operations at scale.

AmRisc selects Kalepa to scale complex risk underwriting

Kalepa, the leader in AI-powered underwriting solutions, and AmRisc, the largest catastrophe-focused Managing General Agent (MGA) in the United States, have announced a strategic...
The recent Salesloft–Drift OAuth breach illustrates a new headache for cyber insurers: the hidden risks lurking in SaaS supply chains. Running from August 8 to August 18, the attack impacted roughly 700 organisations. By exploiting trusted integrations, attackers bypassed multi-factor authentication (MFA), turning OAuth tokens – digital keys that allow apps to access accounts without passwords – from the Drift–Salesforce connector into unrestricted access. This gave them entry to sensitive customer data, cloud credentials, and other critical assets.

SaaS supply chain compromises: a headache for insurers

The recent Salesloft–Drift OAuth breach illustrates a new headache for cyber insurers: the hidden risks lurking in SaaS supply chains. Running from August 8...
ClaimSorted, an InsurTech start-up transforming how insurers handle claims, has raised $13.3m in a seed funding round aimed at modernising one of the industry’s most outdated processes.

ClaimSorted raises $13.3m to transform insurance claims

ClaimSorted, an InsurTech start-up transforming how insurers handle claims, has raised $13.3m in a seed funding round aimed at modernising one of the industry’s...
EIS, a leading cloud-native core platform provider to the insurance industry, has announced the expansion of its flagship platform to accelerate digital transformation within insurance operations.

EIS unveils CoreGentic to boost insurance agility

EIS, a leading cloud-native core platform provider to the insurance industry, has announced the expansion of its flagship platform to accelerate digital transformation within...
Socotra, a leading InsurTech company transforming insurance core technology with modern cloud-based solutions, has launched a new product, Agentic Configuration.

Socotra unveils Agentic Configuration for insurers

Socotra, a leading InsurTech company transforming insurance core technology with modern cloud-based solutions, has launched a new product, Agentic Configuration. This cutting-edge capability enables insurers...
When an insurance client sends a message, every second counts. A delayed reply can cost trust, revenue, and even long-term loyalty. Symphony is helping insurers meet these high stakes head-on. 

How Symphony is redefining client interaction in insurance 

When an insurance client sends a message, every second counts. A delayed reply can cost trust, revenue, and even long-term loyalty. Symphony is helping...
Gradient AI, a leading enterprise software provider of artificial intelligence (AI) solutions, has partnered with Connexure, a provider of quoting, underwriting and administrative software, to strengthen automation and risk management for carriers and managing general underwriters (MGUs).

Connexure and Gradient AI to streamline carrier analytics

Gradient AI, a leading enterprise software provider of artificial intelligence (AI) solutions, has partnered with Connexure, a provider of quoting, underwriting and administrative software, to...
Abacus Global Management, a financial services company specialising in alternative asset management and data-driven wealth solutions, has acquired AccuQuote, a leading online life insurance brokerage company.

Abacus buys AccuQuote to enhance digital insurance offering

Abacus Global Management, a financial services company specialising in alternative asset management and data-driven wealth solutions, has acquired AccuQuote, a leading online life insurance...
Actuaries often face significant delays and inefficiencies in the loss reserving process, with traditional workflows slowing down analysis. Legacy systems and fragmented data sources frequently make it difficult to access the detailed information needed to produce accurate reserve estimates. According to Akur8, a leading InsurTech company, these limitations can turn quarterly reserve reviews into a race to simply complete reports, rather than an opportunity to deliver in-depth, actionable insights.

Transforming loss reserving with centralised data

Actuaries often face significant delays and inefficiencies in the loss reserving process, with traditional workflows slowing down analysis. Legacy systems and fragmented data sources...
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News Stories

Baldwin Group’s Azimuth Re targets top contractors

The Baldwin Group, a NASDAQ-listed independent insurance brokerage and advisory firm, has launched Azimuth Re, Ltd., a new member-owned group captive developed in partnership...
KatRisk

KatRisk acquires RED to boost catastrophe modeling

KatRisk, a provider of catastrophic risk modelling software for the insurance and financial services industries, has acquired RED, a specialist catastrophe model provider covering...

How reinsurers can demonstrate AML effectiveness

The reinsurance markets in the Cayman Islands and Bermuda represent one of the offshore financial world’s genuine success stories. Capital flows into these jurisdictions on the back of regulatory credibility, and as the markets have grown, so too has regulatory scrutiny.
PremFina lands £100m funding boost from Waterfall

PremFina lands £100m funding boost from Waterfall

PremFina, the UK's fastest-growing insurance premium finance provider, has expanded its junior capital facility with Waterfall Asset Management to £100m, upsizing and extending the...
Cytora and VulnCheck partner to sharpen cyber underwriting

Cytora and VulnCheck partner to sharpen cyber underwriting

Commercial insurers are set to gain a sharper view of cyber risk at the point of underwriting, following a new partnership between Cytora, the...
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