InsurTech pioneer Sixfold emerges with $6.5m seed funding, revolutionising AI in insurance
Sixfold, a groundbreaking InsurTech startup, is introducing the first generative artificial intelligence (AI) specifically designed to tackle the most complex challenges faced by the insurance industry.
Cincom’s Eloquence and Sapiens CoreSuite join forces to transform insurance communications
Cincom Systems, a global organisation dedicated to fostering business success through process automation, has partnered with Sapiens International Corporation, a leading software solution provider in the insurance industry.
Triple Point fuels Marshmallow’s mission with £15m revolving credit facility
Marshmallow, an InsurTech company that strives to make motor insurance accessible to underrepresented sectors, has secured a £15m three-year revolving credit facility from Triple Point Private Credit.
Trisura supports Argo’s transformation of its surety business in new partnership
Argo Group International Holdings (Argo), a multinational underwriter of specialty insurance and reinsurance products, has announced an immediate partnership with Trisura Group, a North American specialty insurance provider.
Amazon teams up with UK insurers to revolutionise home insurance shopping
Amazon, the international e-commerce giant, has forged a partnership with prominent UK insurance providers, Ageas, Co-op, LV, and Policy Expert to to streamline the home insurance purchase process.
CoverGo and AXA Insurance PCL join forces to transform health insurance in Thailand
AXA Insurance PCL, a renowned insurance and asset management leader, and CoverGo, the leading global no-code insurance SaaS core platform for health, have announced a strategic partnership aimed at revolutionizing AXA's health insurance ecosystem in Thailand.
Chelsea Avondale bolsters Canadian home insurance portfolio with fresh series C funding
Chelsea Avondale, a pioneering home insurance group renowned for its underwriting using scientific risk models, has secured series C funding from an ensemble of prominent investors.
Allianz Trade joins 4Trans to boost EU SME funding
4Trans, a FinTech firm specialising in financial products for supply chain and logistics companies, and Allianz Trade, a prominent player in the insurance sector, have embarked on a strategic partnership.
Travel InsurTech Faye bags $10m in series A to reimagine travel insurance
Faye, a burgeoning travel insurance start-up, has raised $10m in its Series A funding round.
RenaissanceRe acquires Validus Re from AIG in a lucrative $4.5bn deal
American International Group (AIG), a global insurance behemoth headquartered in the US, has announced its decision to divest Validus Re to RenaissanceRe Holdings Ltd.
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