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
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, 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 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 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, 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 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 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 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 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...
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