InsurTech

Gallatin Point backs Canadian life insurer ISI

Insurance Supermarket International (ISI), a digital life insurance provider in Canada, has closed a $100m minority investment from funds managed by Gallatin Point Capital.

Propeller to boost surety offering with SIAA

Propeller, an InsurTech MGA specialising in surety bonds, has entered into an agreement with SIAA, the largest alliance of independent insurance agencies in the US, to serve as a surety partner to their member agencies through the SIAA MarketFinder portal.

InsurTech NEXT Insurance and Evident to support small business insurance

InsurTech NEXT Insurance, which is on a mission to transform small business insurance, has teamed up with provider of third-party insurance verification services Evident, to provide NEXT's tailored insurance solutions to the small businesses that Evident verifies.

Corvus gets further support from SiriusPoint and R&Q

Corvus Insurance, a specialty insurance MGA offering Smart Commercial Insurance products powered by AI-driven risk data, has expanded its partnership with global specialty insurer and reinsurer SiriusPoint and R&Q Accredited, a programme management solution provider.

Builders opts for Gradient AI for a “complete picture of risk”

Mutual insurance company Builders had adopted technology from Gradient AI, an enterprise software provider of artificial intelligence (AI) solutions to the insurance industry.

Italian InsurTech startup Wallife scores €12m in its Series A

Italian InsurTech startup Wallife has nabbed €12m in its Series A funding round, which it claims is the seventh largest in Europe in the sector during 2022.

Cover-More Group leverages Dubber’s call recording technology for auditing

Australia-based Cover-More Group, which offers global travel insurance assistance, has leveraged Dubber’s call recording technology for auditing, compliance and legal purposes.

InsurTech Gateway sets out to close InsurTech funding gap with Seed Fund II

Insurtech Gateway, a champion of early-stage InsurTech startups, has completed the first close of its Seed Fund II which will support 20 teams over the next four years from pre-seed to Series A.

Zesty.ai pulls in $33m for AI-driven property risk

Zesty.ai, a provider of property risk analytics solutions powered by artificial intelligence (AI), has raised $33m in conjunction with their Series B led by Centana Growth Partners.

Amwins launches wildfire insurance products for California

Amwins Access, a binding and brokerage platform for small property & casualty (P&C) personal lines accounts, has launched two excess wildfire products for residential properties in California.
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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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