InsurTech

MotionsCloud rakes in $2m

InsurTech startup MotionsCloud, which leverages AI to automate insurance claims and inspections, has raised $2m in its recent round of funding.

Addresscloud and Ambiental to level-up climate risk modelling

Geo-coding and property intelligence provider Addresscloud has partnered with provider of flood and climate risk data Ambiental Risk Analytics, to bring advanced climate change data to the insurance market.

Nationwide and Razor Tracking to optimise agribusiness fleet safety

Nationwide has partnered with Razor Tracking to offer advanced telematics and fleet management solutions at a discount for Nationwide’s agribusiness customers.

By Miles launches connected platform

UK-based pay-by-mile car insurance startup By Miles has launched its By Miles Connect platform which will allow drivers of connected cars to connect their insurance policy to the company directly from their car.

Cyber insurer Coalition adds Vantage to its excess program

Cyber insurance platform Coalition has added Vantage, a re/insurance partner established in 2020, to its US excess cyber program through its Vantage Risk Specialty Insurance Company.

Tractable and Aviva team up for AI-powered motor claims

InsurTech Tractable has signed an agreement with UK-based insurer Aviva, to improve the accuracy and efficiency of UK motor claims by using artificial intelligence (AI).

InsurTech Draftrs launches digital platform

Draftrs, an InsurTech company focused on modernising small business professional liability insurance, has launched a digital insurance platform.

Estonian InsurTech DriveX steers to $1m round close

Estonian FinTech startup DriveX has closed a $1m investment round to help with its European expansion efforts.

ennabl, Relativity6 partner to bring tailored insurance advice to brokers

InsurTech startup ennabl has teamed up with data classification platform Relativity6 to help insurance brokers give tailored insurance to customers.

Beazley joins forces with Cytora to automate risk

Beazley, a global specialist insurer, has partnered with InsurTech Cytora to automate risk processing and accelerate profitable growth.
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News Stories

Producer licensing is one of those parts of insurance that tends to stay in the background until it starts slowing everything else down. As carriers expand their agent networks, the process of onboarding producers, managing appointments, and maintaining compliance records often still depends on fragmented systems and manual intervention.

Fixing the producer bottleneck in insurance distribution

Producer licensing is one of those parts of insurance that tends to stay in the background until it starts slowing everything else down. As...
Simply Business, a digital insurance marketplace, has launched a business insurance app on ChatGPT in the US, alongside a separate rollout in the UK.

Simply Business brings small business insurance pricing into ChatGPT

Simply Business, a digital insurance marketplace, has launched a business insurance app on ChatGPT in the US, alongside a separate rollout in the UK. The...
Cytora, a digital risk processing platform, has announced a strategic relationship with LexisNexis Risk Solutions to embed advanced data and analytics into its platform for US commercial insurers.Cytora, a digital risk processing platform, has announced a strategic relationship with LexisNexis Risk Solutions to embed advanced data and analytics into its platform for US commercial insurers.

Cytora partners LexisNexis to enhance US commercial underwriting

Cytora, a digital risk processing platform, has announced a strategic relationship with LexisNexis Risk Solutions to embed advanced data and analytics into its platform...
INSTANDA, a no-code insurance platform provider, has partnered with DataCrest, a workflow solutions firm, to enhance submission intake and quoting efficiency for insurers and MGAs.

INSTANDA and DataCrest team up to streamline insurance submissions

INSTANDA, a no-code insurance platform provider, has partnered with DataCrest, a workflow solutions firm, to enhance submission intake and quoting efficiency for insurers and...
Openly, a tech-enabled homeowners insurance provider, has secured a growth investment round led by existing investors Eden Global Partners, Advance Venture Partners and Gradient, with strategic participation from Allianz X.

Openly boosts expansion plans with funding and Allianz Re deal

Openly, a tech-enabled homeowners insurance provider, has secured a growth investment round led by existing investors Eden Global Partners, Advance Venture Partners and Gradient,...
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