InsurTech

carbon-insurer-oka-pulls-in-$7m-carbon-credit-market

Carbon credit insurer Oka pulls in over $7m

Oka, a provider of insurance solutions for companies in the carbon credit market, has raised over $7m in funding.
MPIC-selects-Origami-Risk-platform-for underwriting-and-claims

MPIC selects Origami Risk’s platform for underwriting and claims

Municipal Property Insurance Company (MPIC), a premiere provider of property insurance coverages, has selected Origami Risk’s multi-tenant SAAS P/C platform for underwriting, billing, and claims administration.
chubb-korea-partners-with-korean-air-for-travel-insurance

Chubb Korea partners with Korean Air for travel insurance

Chubb Korea, a publicly traded property and casualty insurance company, has partnered with Korean Air to bolster travel insurance offerings.
OCTO-telematics-and-ford-motor-company-to-exntend-data-partnership-into-europe-telematics

OCTO Telematics and Ford Motor to expand data partnership in Europe

OCTO Telematics, provider of telematics and data analytics for the insurance sector, has partnered with Ford Motor Company to extend its data streaming partnership into Europe.
MAPRE-in-latin-american-alliance-with-BUPA-health-insurance

MAPFRE and Bupa enter Latin American alliance

Global insurance company MAPFRE has partnered with Bupa to offer international health insurance in Latin America.
hx-and-supercede-join-SaaS-platforms-for-rapid-reinsurance-dealmaking

hx and Supercede combine SaaS platforms for rapid reinsurance dealmaking

hyperexponential (hx), a SaaS pricing platform for insurers, has partnered with Supercede to combine SaaS platforms to enable rapid reinsurance dealmaking.
cloud-native-insurance-platform-novidea-experiences-strong-growth-in-2022

Cloud-native insurance platform Novidea experienced strong growth in 2022

Novidea, a creator of the data-driven, cloud-native insurance platform that enables brokers, agents, and MGAs to reduce costs and drive growth across the distribution lifecycle, has achieved significant growth milestones in 2022.
uk-insurtech-whenfresh-launches-cladding-data-set-to-support-insurers-and-mortgage-lenders

UK InsurTech WhenFresh unveils cladding data set to support insurers and mortgage lenders

UK-based InsurTech WhenFresh, a supplier of data to UK insurers, lenders and other big data users, has unveiled a new cladding data set to enable insurers to better understand property risks.
guardian-life-launches-all-in-one-financial-protection-solution

Guardian Life launches all-in-one financial protection solution

The Guardian Life Insurance Company of America has launched SafeGuard360, solution that offers essential financial protection for consumers in one product.
fintech-focused-venture-capital-firm-altai-ventures-closes-new-fund

FinTech-focused venture capital firm Altai Ventures closes new fund

Early-stage venture capital firm Altai Ventures has closed its second fund on $53m, as it targets InsurTech and FinTech founders.

News Stories

Booking a flight online takes minutes. Ordering a taxi takes seconds. Even applying for a loan can now be done in a handful of taps. Buying insurance, by contrast, often feels like stepping back a decade. The process slows, the questions multiply, and what should be simple quickly becomes something to work through rather than complete.

Why most insurance quotes are abandoned — and how insurers can fix it

Booking a flight online takes minutes. Ordering a taxi takes seconds. Even applying for a loan can now be done in a handful of...

Global InsurTech funding extends decline as investment falls 50% in April

Global InsurTech investment cooled further in April, with eight deals raising approximately $119m, marking another step down from March’s already subdued $237m. That represents a...
InsureMO, an API, data and AI-driven insurance platform, has added Upsure, a provider of core insurance software, to its partner ecosystem to deliver a unified core insurance suite and accelerate digital transformation for insurers across emerging markets.

InsureMO adds Upsure to expand core insurance platform

InsureMO, an API, data and AI-driven insurance platform, has added Upsure, a provider of core insurance software, to its partner ecosystem to deliver a...
Insly, an enterprise-grade insurance software provider, has launched a new AI-enabled claims portal designed to help insurers and managing general agents (MGAs) deliver a self-service, digital-first claims experience for policyholders.

Insly debuts digital claims platform for MGAs

Insly, an enterprise-grade insurance software provider, has launched a new AI-enabled claims portal designed to help insurers and managing general agents (MGAs) deliver a...
The global insurance industry is moving quickly into an AI-driven future. Pricing, underwriting, and customer engagement are being reshaped at pace, with many insurers shifting from experimentation to real-world deployment. But beneath this global momentum, the UK market tells a more measured story.

How the rise of AI’s impacting UK insurance pricing

The global insurance industry is moving quickly into an AI-driven future. Pricing, underwriting, and customer engagement are being reshaped at pace, with many insurers...
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