InsurTech

AI-driven InsurTech Adaptive Insurance secures $5m to launch climate resilience platform

AI-driven InsurTech Adaptive Insurance secures $5m to launch climate resilience platform

Adaptive Insurance, a Texas-based climate resilience company, has secured $5m in a seed funding round to accelerate the rollout of its AI-driven parametric insurance solutions aimed at protecting businesses from climate-related disruptions.
Smart Eye and Greater Than unveil impact of ADDW alerts on driver risk

Smart Eye and Greater Than unveil impact of ADDW alerts on driver risk

Swedish technology firms Smart Eye and Greater Than have released initial findings from their collaborative research into the impact of Advanced Driver Distraction Warning (ADDW) alerts on driver risk.
MAWDY and Vittoria Assicurazioni expand partnership to enhance service offerings in Italy

MAWDY and Vittoria Assicurazioni expand partnership to enhance service offerings in Italy

MAWDY, the assistance subsidiary of the MAPFRE Group, and Vittoria Assicurazioni, Italy’s eighth-largest non-life insurance company by premium volume, have reinforced their partnership with a new service provision alliance.
Cytora, a leading digital risk processing platform, and Confianza, an advanced InsurTech focused on improving risk selection and loss ratios, have announced a strategic partnership.

Cytora and Confianza join forces to transform commercial insurance underwriting

Cytora, a leading digital risk processing platform, and Confianza, an advanced InsurTech focused on improving risk selection and loss ratios, have announced a strategic partnership.
Zurich North America, a leading provider of insurance solutions, is expanding its US Middle Market business by adding more than 100 underwriting roles to serve additional geographies.

Zurich North America expands US Middle Market business with 100 new underwriting roles

Zurich North America, a leading provider of insurance solutions, is expanding its US Middle Market business by adding more than 100 underwriting roles to serve additional geographies.
Akur8 and Deloitte Canada expand partnership to enhance pricing and reserving for insurers

Akur8 and Deloitte Canada expand partnership to enhance pricing and reserving for insurers

Akur8, a leading provider of machine learning-powered pricing and reserving solutions for insurers, has expanded its strategic partnership with Deloitte Canada, a global leader in consulting and actuarial services.
Euroins Bulgaria, a subsidiary of Euroins Insurance Group (EIG) and part of Eurohold, has successfully raised €58.8m through a capital increase as it looks to expand throughout Europe.

Euroins Bulgaria raises €58.8m to strengthen foothold in Europe

Euroins Bulgaria, a subsidiary of Euroins Insurance Group (EIG) and part of Eurohold, has successfully raised €58.8m through a capital increase as it looks...
CyberCube, a leading provider of cyber risk analytics, has announced a strategic partnership with Feathery, an AI-driven automation solutions provider.

CyberCube and Feathery partner to enhance cyber insurance workflows with AI

CyberCube, a leading provider of cyber risk analytics, has announced a strategic partnership with Feathery, an AI-driven automation solutions provider. The collaboration will integrate Feathery’s...
Specialty Risk Re (SRR), a collateralised reinsurance company, has secured $50m in institutional funding in an investment round led by private equity firm NMS Capital Group.

Specialty Risk Re raises $50m to expand reinsurance capacity

Specialty Risk Re (SRR), a collateralised reinsurance company, has secured $50m in institutional funding in an investment round led by private equity firm NMS...
Floodbase, a provider of flood data and analytics, has secured a $5m investment in a funding round led by Ecosystem Integrity Fund, with additional backing from Pulse Fund.

Floodbase raises $5m to expand data-driven flood insurance solutions

Floodbase, a provider of flood data and analytics, has secured a $5m investment in a funding round led by Ecosystem Integrity Fund, with additional...

News Stories

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...
Ominimo reaches $1.6bn valuation with AI motor insurance

Ominimo reaches $1.6bn valuation with AI motor insurance

Ominimo, a Budapest-based InsurTech using AI and advanced data analytics to transform motor insurance, has secured $22.5m in Series B funding at a $1.6bn valuation,...
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