InsurTech

COVU-AI-digital-platform-insurance-agents-funding-digitalisation-seed

COVU lands seed funding to empower insurance agents

COVU, an AI-enabled digital platform for insurance agencies, has raised $10m in seed funding to launch its product.
hyperexponential names new chief financial and operations officer

hyperexponential names new chief financial and operations officer

hyperexponential, a SaaS pricing platform for insurers, has named Fiona Talbot as its new chief financial and operations officer.
India-based-Digit-Insurance-IPO-valuation

India’s Digit to raise $440m via IPO

Digit Insurance, an India-based insurer, is reportedly considering raising $440m through initial public offering (IPO) at a valuation of $4.5bn to $5bn.
dacadoo

dacadoo links with FWD Group to launch new insurance app

InsurTech firm dacadoo has teamed with FWD Group to launch Omne, a new mobile app that helps create personalised goal-based journeys to bring the best out of them.
Ledgebrook-InsurTech-MGA-seed-funding-quoting-wholesale-brokers

MGA InsurTech Ledgebrook secures seed fund

Ledgebrook, a Boston-based MGA InsurTech, has raised $4.2m in seed funding to provide a “best-in-class” quoting experience to wholesale brokers.
Ivans-acquires-Tarmika-commercial-lines-insurance-insurtech

Ivans in Tarmika take-over for commercial lines insurance

Ivans’ parent company Applied Systems has acquired commercial lines rating solution for small business insurance Tarmika.
SURE-home-insurance-north-carolina-coastal-property

SURE expands home coverage in North Carolina

SURE, a member-owned insurance company for reliable coastal asset protection, has expanded its coverage to be available in North Carolina.
Agri-InsurTech-IBISA-weather-protection-insurance-insurtech-funding-parametric

Agri-InsurTech IBISA secures funding

IBISA, an Agri-InsurTech on a mission to provide innovative weather protection insurance, has raised seed funding.
African-insurance-extreme-weather-parametric-insurtech

ARC on a mission to protect African citizens against extreme weather

Representatives from African governments, humanitarian partners and donors have met in Malawi to discuss how parametric insurance delivered through African Risk Capacity Limited (ARC) has the potential to transform how the continent deals with climate-change induced events, such as droughts and cyclones.
Tokio-Marine-Arbor-Ventures-singapore-venture-capital-fintech-insurtech-insurance-innovation

Tokio Marine and Asian VC Arbor Ventures to boost insurance innovation

Tokio Marine Asia has partnered with Singapore-based venture capital firm Arbor Ventures to accelerate innovation in the insurance industry.
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News Stories

Leak detection technology has long been a staple across commercial buildings, data centres and critical infrastructure, helping organisations identify water ingress before it causes costly disruption. Traditional systems, particularly those using leak detection cables, have offered a relatively simple monitoring solution. However, these systems typically rely on fixed alert thresholds, which often fail to reflect the variability of real-world environments. As a result, while detection capabilities exist, their reliability has frequently been called into question.

Why traditional leak detection systems falter in real environments

Leak detection technology has long been a staple across commercial buildings, data centres and critical infrastructure, helping organisations identify water ingress before it causes...
The first wave of the InsurTech revolution has delivered significant innovation, but it has also left critical structural gaps unresolved. Over the past decade, the sector has made notable progress in areas such as digital distribution, API connectivity, embedded insurance, and the modernisation of agency management systems. However, beneath these advancements lies a growing concern, according to Producerflow.

InsurTech’s data gap threatens AI ambitions

The first wave of the InsurTech revolution has delivered significant innovation, but it has also left critical structural gaps unresolved. Over the past decade,...
Liberty Mutual has partnered with life insurance technology company Ethos to expand its direct-to-consumer life insurance offering in the US.

Ethos and Liberty Mutual team up to deliver fully digital life insurance

Liberty Mutual has partnered with life insurance technology company Ethos to expand its direct-to-consumer life insurance offering in the US. The collaboration will see Liberty...
Volkswagen Financial Services UK, the financial arm of the group, has appointed InsurTech firm Wrisk Transfer Limited as its preferred insurance provider for Volkswagen Commercial Vehicles.

VWFS UK selects Wrisk as preferred insurance partner for commercial vehicles

Volkswagen Financial Services UK, the financial arm of the group, has appointed InsurTech firm Wrisk Transfer Limited as its preferred insurance provider for Volkswagen...
Transamerica, a life insurer, has partnered with global reinsurer Swiss Re to modernise its claims experience.

Transamerica and Swiss Re collaborate on digital claims transformation

Transamerica, a life insurer, has partnered with global reinsurer Swiss Re to modernise its claims experience. The initiative will see Transamerica adopt Swiss Re’s PromiseXP...
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