InsurTech

FloodFlash partners with Hiscox to accelerate US growth ambitions 

Parametric flood insurance company FloodFlash has announced a new partnership with Hiscox to further its US growth ambitions. 
Resilience

Cyber risk platform Resilience secures $100m to bolster global expansion

Resilience, a cyber company focused on transforming the way enterprises assess and manage cyber risk, has bagged $100m in a Series D. 

Verlingue bolsters employee benefits division with Brunsdon buy 

Insurance brokerage company Verlingue is set to strengthen its employee benefits division by purchasing Brunsdon Employee Benefits. 

Novidea to help brokers deal with Lloyds’ CDR digital revolution 

Novidea has launched a platform designed to help brokerages deal with the digital revolution started by Lloyds’ implementation of the Core Data Record (CDR). 

SiriusPoint partners with Eaton Gate to progress international strategy 

Bermuda-based Insurer and reinsurer SiriusPoint, has announced a new partnership with EatonGate. 

Acturis snaps up Broker Buddha in bid to enter US market

InsurTech giant Acturis Group has acquired Broker Buddha as it looks to enter the US market. 
Modives has announced a strategic partnership with Bindable aimed at providing a myriad of features designed to enhance property management and support owner-landlords via the Modives business solution.

NEXT Insurance unveils umbrella/excess liability coverage for SMEs

NEXT Insurance, a digital small business insurer, has launched its commercial umbrella/excess liability coverage.

Ardonagh hires ex-Aviva leader as sales director

Ardonagh UK has appointed former director of regional brokers, strategy and propositions at Aviva, Karen Jackman as commercial MGA sales director. 

Aon bolsters broking team with new UK hire

Aon has announced further investment into its brokering team, appointing Graeme MacMillan as its Chief Broking Officer (CBO) for Commercial Risk Solutions in the UK. 

AXA to purchase Laya Healthcare from AIG for €650m 

AXA has revealed that it has entered into an agreement to purchase Laya Healthcare from Corebridge Financial Inc., a subsidiary of InsurTech giants AIG.
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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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