InsurTech

Cyber insurance market to exceed $20bn value by 2025, report finds

A report by GlobalData has found the cyber insurance industry is predicted to exceed a $20bn gross written premium (GWP) value by 2025.

InsurTech startup Assured Allies scores $18.3m in its Series A

Assured Allies, which claims to help people make the most of retirement, has scored $18.3m in its Series A investment round.

France-based Assurly said to raise €6m seed round

Mortgage insurance provider Assurly has reportedly collected €6m in seed funding.

From fame to FinTech: ten celebrity-backed financial firms you must know about

Over the past few decades, celebrities have increasingly taken on roles that go beyond the world of glitz and glam to becoming the next generation of FinTech investors. And the trend seems to be here to stay.

Tractable helps Sara Assicurazioni become first Italian insurer to leverage AI for vehicle damage...

Sara Assicurazioni has become the first Italian insurance firm to leverage AI to enhance vehicle damage assessments and estimates, thanks to a deal with InsurTech100 company Tractable.

Indian cricket captain Virat Kohli-backed Digit insurance hits $3.5bn value after fresh funding

Bengaluru-based general insurance company offering health, car, bike, and travel insurance Digit Insurance valued at $3.5bn after raising $200m led by Faering Capital.

The 29 FinTech rounds raised last week prove that crypto firms and InsurTechs will...

The FinTech space continues to grow with no sign of slowing down and the 29 rounds raised week prove that, with cryptocurrency companies and InsurTechs being the leading sub-sectors.

RoofMarketplace said to raise $1.1m in its seed round

RoofMarketplace has reportedly netted $1.1m in its seed funding round to support its national expansion.

Quantum Assurance teams up with Openly to improve customer experience

Quantum Assurance will improve its customer experience through a new partnership with homeowners insurance company Openly.

Penn River teams up with Hannover Life US to offer reinsurance policies

Life and annuity software developer Penn River has teamed up with Hannover Life Reassurance Company of America to offer reinsurance options on its platform.

News Stories

The US insurance distribution ecosystem is one of the largest and most complex financial services networks in the world. Millions of licensed producers, tens of thousands of independent agencies, and a growing volume of licensing and compliance transactions all play a role in how insurance products reach customers.

What the latest data says about the US insurance producer landscape

The US insurance distribution ecosystem is one of the largest and most complex financial services networks in the world. Millions of licensed producers, tens...
Cover Genius, an embedded protection InsurTech, has partnered with Tongcheng Travel, an Asian online travel platform, to introduce embedded travel insurance for international customers in Malaysia and the Philippines.

Cover Genius expands Asia travel insurance footprint with Tongcheng Travel

Cover Genius, an embedded protection InsurTech, has partnered with Tongcheng Travel, an Asian online travel platform, to introduce embedded travel insurance for international customers...
Sixfold, an underwriting AI platform provider, has upgraded its AI Underwriting Brain with a new capability designed to capture and scale underwriting expertise across organisations.

Sixfold enhances underwriting AI with institutional knowledge engine

Sixfold, an underwriting AI platform provider, has upgraded its AI Underwriting Brain with a new capability designed to capture and scale underwriting expertise across...
Aviva, a UK insurance group, has expanded its AI-powered underwriting summarisation tool to individual critical illness applications, marking a further step in its use of generative AI across protection insurance.

Aviva rolls out AI-powered critical illness underwriting capability

Aviva, a UK insurance group, has expanded its AI-powered underwriting summarisation tool to individual critical illness applications, marking a further step in its use...
Zego secures $28m to expand telematics in Japan

Zego secures $28m to expand telematics in Japan

Zego, a UK-based digital motor InsurTech, has announced a strategic partnership with Sompo Holdings, one of Japan's largest insurance groups, as part of a...
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