InsurTech

Aviva and Darwin Innovation Group have announced the expansion of their autonomous vehicle insurance project in collaboration with the University of Salford.

Velotric, a premium ebike company, has partnered with Oyster to enhance the customer experience by providing seamless bike insurance solutions at the point of purchase. 

HawkSoft and b atomic! have partnered in a bid to supercharge the insights available to independent insurance agencies of all sizes.

In 2024, insurance companies are at the forefront of digital transformation, leveraging cutting-edge technologies to reshape the industry landscape. As consumer expectations evolve and technology continues to advance, insurers are embracing innovative strategies to enhance efficiency, personalisation, and overall customer satisfaction.

Due to the advent and widespread adoption of technologies such as Machine Learning (ML) and Generative AI, the InsurTech sector is expected to receive tighter boundaries when it comes to regulations in 2024. But what does that mean for the sector? InsurTech Analyst spoke to a host of industry experts to find out.

Fijoya, a platform specialising in tailored health and wellness services for employers, has revealed that it has secured an $8.3m funding round.

Berlin-based InsurTech startup, INSRD, has successfully raised a €500k pre-seed round from a host of ecosystem angel investors.

Japanese FinTech leader Smartpay has partnered with Chubb Insurance to accelerate the digitisation of the Japanese insurance industry.

Arturo, a property intelligence company specialising in portfolio-wide underwriting, has announced a wave of leadership appointments. 

Aon, a prominent global professional services firm, has announced it has acquired Humn.ai’s technology assets and intellectual property in a bid to fortify its commercial fleet proposition.