InsurTech

Hong Kong-based virtual insurer Bowtie has revealed that it has landed $34.9m, following the conclusion of a Series B2 funding round.

Hong Kong Insurtech Bowtie lands $34.9m in latest funding round

Hong Kong-based virtual insurer Bowtie has revealed that it has landed $34.9m, following the conclusion of a Series B2 funding round.
Planck has unveiled a 'game-changing' underwriting tool that incorporates advanced Generative AI (GenAI) functionalities.

Planck launches game-changing GenAI-enhanced underwriting tool

Planck has unveiled a 'game-changing' underwriting tool that incorporates advanced Generative AI (GenAI) functionalities.
QBE

QBE expands global reach with new cyber offering in the Middle East

QBE, a leading primary insurer with a broad international footprint, has revealed its newest endeavour - a cyber offering in the Middle East.
Insurify has forged a partnership with embedded insurance startup Fletch to introduce pet insurance to its platform. 

Insurify taps Fletch to launch pet insurance coverage

Insurify has forged a partnership with embedded insurance startup Fletch to introduce pet insurance to its platform. 
BriteCore, a provider of SaaS core administration solutions for property/casualty insurance carriers, has announced a new wave of product features, in a bid to meet the changing needs of property/casualty (P&C) insurers. 

BriteCore Announces new wave of product features to assist P&C insurers

BriteCore, a provider of SaaS core administration solutions for property/casualty insurance carriers, has announced a new wave of product features, in a bid to meet the changing needs of property/casualty (P&C) insurers. 
Everest has established a new wholesale division to serve the US excess and surplus (E&S) and programs markets.

Everest launches wholesale-focused insurance operation amid E&S boom

Everest has established a new wholesale division to serve the US excess and surplus (E&S) and programs markets. The global underwriter providing property, casualty, and...
Climate Risk Partners (CRP) has announced its integration into Climate Commodities (CC), coinciding with the launch of a credit enhancement product line.

Climate Risk Partners merges Into Climate Commodities

Climate Risk Partners (CRP) has announced its integration into Climate Commodities (CC), coinciding with the launch of a credit enhancement product line.
Delos Insurance Solutions has secured $7.3m in a seed extension round, in a significant move to address the issue of homeowners’ insurance availability in wildfire-prone areas.

Delos Insurance Solutions bags $7.3m in seed extension round

Delos Insurance Solutions has secured $7.3m in a seed extension round, in a significant move to address the issue of homeowners’ insurance availability in wildfire-prone areas.
Chaucer, a global specialty insurance group, has reported a surge in demand for insurance against cartel-related violence, especially in the LATAM region.

Cartel insurance demand rises across LATAM region

Chaucer, a global specialty insurance group, has reported a surge in demand for insurance against cartel-related violence, especially in the LATAM region.
Evident has launched a generative AI solution for risk managers to streamline and simplify the insurance verification process.

Evident launches generative AI solution to assist risk managers

Evident has launched a generative AI solution for risk managers to streamline and simplify the insurance verification process.
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Kin Insurance, a US InsurTech focused on homeowners coverage in catastrophe-exposed regions, has secured $335m in its largest catastrophe bond transaction to date.

Kin Insurance lands $335m bond to bolster US storm protection

Kin Insurance, a US InsurTech focused on homeowners coverage in catastrophe-exposed regions, has secured $335m in its largest catastrophe bond transaction to date. The raise...
Allianz Commercial will transfer its standalone cyber insurance portfolio to Coalition as part of a long-term partnership to consolidate the global cyber insurance market. 

Allianz and Coalition form exclusive cyber insurance alliance

Allianz Commercial will transfer its standalone cyber insurance portfolio to Coalition as part of a long-term partnership to consolidate the global cyber insurance market.  The...
InsurTech firm Corgi has reached unicorn status after raising $160m in Series B funding at a $1.3bn valuation.

Corgi hits unicorn status after $160m Series B

InsurTech firm Corgi has reached unicorn status after raising $160m in Series B funding at a $1.3bn valuation. The round brings Corgi’s total funding to...

Pit secures $16m led by Andreessen Horowitz

Pit, a Swedish AI startup developing custom enterprise software, has emerged from stealth with $16m in seed funding led by Andreessen Horowitz, as it...
Insurance has always depended on timing. Risk is captured at a specific moment, translated into a price, and expected to remain broadly stable until the next review. For much of the industry’s history, that assumption has held. Risk moved, but not so quickly that it escaped the frame of underwriting.

How real-time risk visibility is reshaping the insurance lifecycle

Insurance has always depended on timing. Risk is captured at a specific moment, translated into a price, and expected to remain broadly stable until...
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