InsurTech

Following a dynamic 2024 that saw sweeping transformations across the insurance sector—driven by climate extremes, rapid technological innovation, and shifting market demands—Novidea, a leading provider of cloud-native insurance management platforms for brokers, agents, and managing general agents (MGAs), has revealed its top ten predictions for 2025.

10 insurance industry predictions for 2025

Following a dynamic 2024 that saw sweeping transformations across the insurance sector—driven by climate extremes, rapid technological innovation, and shifting market demands—Novidea, a leading...

How BIBA’s advocacy shapes the UK’s insurance landscape

In the recently unveiled BIBA 2025 Manifesto, FullCircl, a prominent voice in the insurance broking sector, underscores the critical role of insurance in bolstering the UK economy.
Descartes Underwriting has launched a new parametric insurance product to protect US-based utility-scale solar farms from tornado damage, offering up to $70m in coverage.

Descartes Underwriting introduces $70m parametric insurance product for solar farms

Descartes Underwriting has launched a new parametric insurance product to protect US-based utility-scale solar farms from tornado damage, offering up to $70m in coverage.
Qantev, a leading AI claims platform, has partnered with InsureMO to enhance the efficiency of global insurance services.

Qantev and InsureMO announce partnership to revolutionise global insurance services

Qantev, a leading AI claims platform, has partnered with InsureMO to enhance the efficiency of global insurance services. The collaboration integrates Qantev’s AI-driven solutions with...
Lloyd’s, the world’s leading insurance marketplace has signed a Memorandum of Understanding (MoU) with DIFC Academy to develop future industry talent.

Lloyd’s and DIFC partner to develop future talent in the insurance sector

Lloyd’s, the world’s leading insurance marketplace has signed a Memorandum of Understanding (MoU) with DIFC Academy to develop future industry talent.
Equisoft, a global leader in digital solutions for the financial services sector, has acquired Atlanta-based VisCalc to enhance its offerings for small and mid-sized life insurance carriers.

Equisoft acquires VisCalc to expand life insurance solutions for small and mid-sized carriers

Equisoft, a global leader in digital solutions for the financial services sector, has acquired Atlanta-based VisCalc to enhance its offerings for small and mid-sized life insurance carriers.
Weecover, Spain's leading embedded insurance provider, has successfully raised €4.2m in its latest funding round as it sets its sights on international expansion.

Spanish InsurTech Weecover raises €4.2m to fuel global expansion

Weecover, Spain's leading embedded insurance provider, has successfully raised €4.2m in its latest funding round as it sets its sights on international expansion.
South African InsurTech Naked, known for its AI-powered and fully digital insurance platform, has raised $38m in a recent financing round.

South African InsurTech Naked secures $38m to drive AI-powered growth

South African InsurTech Naked, known for its AI-powered and fully digital insurance platform, has raised $38m in a recent financing round.
As the European Union's Digital Operational Resilience Act (DORA) comes into effect, KYND, a leader in cyber risk intelligence and management, is urging financial services firms to prioritise long-term cyber resilience within their operations.

KYND urges financial firms to embrace long-term cyber resilience under DORA

As the European Union's Digital Operational Resilience Act (DORA) comes into effect, KYND, a leader in cyber risk intelligence and management, is urging financial services firms to prioritise long-term cyber resilience within their operations.
US-based R.E. Chaix adopts IntellectAI's underwriting platform to scale operations

US-based R.E. Chaix adopts IntellectAI’s underwriting platform to scale operations

US-based R.E. Chaix, a wholesale insurance brokerage firm specialising in multiple property and casualty (P&C) lines, has selected IntellectAI's end-to-end underwriting ecosystem, eMACH.ai Xponent, to enhance its wholesale and managing general agent (MGA) business.

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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