InsurTech

CI-ISAC secures $6.4m government grant to enhance cyber resilience

CI-ISAC secures $6.4m government grant to enhance cyber resilience in healthcare

CI-ISAC Australia, a cyber intelligence organisation focused on critical infrastructure, has received a $6.4m grant from the Australian Government to establish a dedicated information-sharing and analysis centre for the healthcare sector.
Mangrove Property Insurance, a newly established player in the Florida insurance market, has been granted approval by the state's Office of Insurance Regulation (OIR) to provide property and casualty (P&C) insurance.

Mangrove Property Insurance secures Florida state approval to provide P&C coverage

Mangrove Property Insurance, a newly established player in the Florida insurance market, has been granted approval by the state's Office of Insurance Regulation (OIR) to provide property and casualty (P&C) insurance.
London Underwriters (LU), a technology-driven insurance services provider, has partnered with NormanMax Insurance Solutions (NMIS) to offer agents access to innovative solutions for natural disasters such as hurricanes and earthquakes.

London Underwriters and NormanMax partner to expand parametric insurance offerings

London Underwriters (LU), a technology-driven insurance services provider, has partnered with NormanMax Insurance Solutions (NMIS) to offer agents access to innovative solutions for natural...
Pula Foundation, an InsurTech company based in Rwanda, has been awarded a €10m grant from the Bayer Foundation to increase access to climate risk insurance for smallholder farmers.

Pula Foundation bags €10m to increase access to climate risk insurance

Pula Foundation, an InsurTech company based in Rwanda, has been awarded a €10m grant from the Bayer Foundation to increase access to climate risk...
Italian InsurTech company Wopta Assicurazioni has successfully closed a funding round that brings its total financing to €12m.

Italian InsurTech Wopta Assicurazioni secures €12m in funding

Italian InsurTech company Wopta Assicurazioni has successfully closed a funding round that brings its total financing to €12m. The latest investment was secured through a...
InsurTech firm The Helper Bees lands $35m to enhance at-home care solutions

InsurTech firm The Helper Bees lands $35m to enhance at-home care solutions

The Helper Bees, an InsurTech company focused on enabling older adults to live independently at home, has secured $35m in Series C funding.
MGT Insurance, an AI-driven commercial neo-insurer, has announced the launch of its new surplus lines (E&S) company.

MGT Specialty launches to expand E&S coverage for small businesses

MGT Insurance, an AI-driven commercial neo-insurer, has announced the launch of its new surplus lines (E&S) company. This expansion enhances MGT’s ability to support the...
Aviva, a leading UK-based insurance provider, has partnered with AutoRek, a specialist in automated reconciliation and financial control solutions, to improve its reconciliation and Client Assets Sourcebook (CASS) compliance processes.

Aviva selects AutoRek to bolster CASS compliance and operational efficiency

Aviva, a leading UK-based insurance provider, has partnered with AutoRek, a specialist in automated reconciliation and financial control solutions, to improve its reconciliation and Client Assets Sourcebook (CASS) compliance processes.
Tokio Marine HCC International has partnered with Optalitix, a provider of data analytics and pricing solutions, to modernise its underwriting and pricing processes in the London Market.

Tokio Marine HCC International partners with Optalitix to enhance London Market underwriting

Tokio Marine HCC International has partnered with Optalitix, a provider of data analytics and pricing solutions, to modernise its underwriting and pricing processes in the London Market.
American International Group (AIG), a leading global insurance organisation, has announced that Jon Hancock will take on additional responsibilities as the company restructures its business into three distinct segments.

Jon Hancock takes on expanded leadership role at AIG

American International Group (AIG), a leading global insurance organisation, has announced that Jon Hancock will take on additional responsibilities as the company restructures its business into three distinct segments.

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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