InsurTech

Defaqto, the UK’s leading provider of financial product ratings, has acquired Pearson Ham Group’s Market Pricing Business for £11m.

Defaqto boosts UK insurance data with £11m acquisition

Defaqto, the UK’s leading provider of financial product ratings, has acquired Pearson Ham Group’s Market Pricing Business for £11m. The move is set to significantly...
Armilla AI, a US-based InsurTech specialising in AI liability coverage, has raised $25m to expand its insurance offerings amid growing demand for protection against generative AI risks.

Armilla AI raises capacity to $25m

Armilla AI, a US-based InsurTech specialising in AI liability coverage, has raised its standalone AI Liability Policy to offer limits up to $25m to...
Helium Ventures, an AI-native holding company that acquires and stewards software businesses, has acquired InsurGrid, a leading InsurTech platform for insurance policy data collection and verification, used by over 2,500 property and casualty insurance agents nationwide.

InsurGrid joins Helium Ventures to transform P&C insurance

Helium Ventures, an AI-native holding company that acquires and stewards software businesses, has acquired InsurGrid, a leading InsurTech platform for insurance policy data collection...
Root Platform, Admiral Pioneer and Octopus Electric Vehicles have joined forces to embed motor insurance directly into the electric vehicle leasing journey.

Octopus EV teams up with Root and Admiral Pioneer on motor cover

Root Platform, Admiral Pioneer and Octopus Electric Vehicles have joined forces to embed motor insurance directly into the electric vehicle leasing journey. The partnership has...
Zinnia, a life insurance and annuity (L&A) technology provider, and Snowflake, the AI Data Cloud company, have announced a new integration designed to transform how insurers access, analyse and activate data.

Zinnia partners with Snowflake to power AI-driven insurance analytics

Zinnia, a life insurance and annuity (L&A) technology provider, and Snowflake, the AI Data Cloud company, have announced a new integration designed to transform...
XBuild, a construction-tech startup, with an AI-native estimating and proposal platform for contractors and insurers, focused initially on residential roofing and insurance restoration work, has raised $19m in Series A funding.

XBuild raises $19m to streamline insurance estimates

XBuild, a construction-tech startup, with an AI-native estimating and proposal platform for contractors and insurers, focused initially on residential roofing and insurance restoration work,...
MAPFRE, a global insurance group, and Carrefour Spain, the Spanish arm of the multinational retail giant Carrefour, have announced an exclusive distribution agreement aimed at integrating insurance products directly into the retail checkout experience.

MAPFRE joins Carrefour Spain to transform retail insurance

MAPFRE, a global insurance group, and Carrefour Spain, the Spanish arm of the multinational retail giant Carrefour, have announced an exclusive distribution agreement aimed...
Ardonagh Europe, a large insurance distribution and underwriting group, has announced the launch of Orvia Underwriting, a new pan-European Managing General Agent (MGA) platform.

Ardonagh Europe unveils pan-European MGA Orvia

Ardonagh Europe, a large insurance distribution and underwriting group, has announced the launch of Orvia Underwriting, a new pan-European Managing General Agent (MGA) platform. The...
Lemonade, a digital insurance company powered by AI and social impact, has announced the launch of Lemonade Autonomous Car insurance, a new product designed specifically for self-driving vehicles, beginning with Tesla Full Self-Driving (FSD).

Lemonade unveils autonomous car insurance for Tesla FSD

Lemonade, a digital insurance company, has announced the launch of Lemonade Autonomous Car insurance, a new product designed specifically for self-driving vehicles, beginning with...
Compliance is often treated as a software problem. MGAs compare features, pricing and dashboards, then assume the right tool will solve everything. In reality, compliance architecture is not about technology at all. It is about understanding how a business operates, where risk sits, and how oversight is enforced as scale increases.

The five compliance questions shaping modern MGAs

Compliance is often treated as a software problem. MGAs compare features, pricing and dashboards, then assume the right tool will solve everything. In reality,...

News Stories

EQT agrees $2bn deal for McGill and Partners

EQT agrees $2bn deal for McGill and Partners

McGill and Partners, a technology-enabled specialty (re)insurance broker, has agreed to be acquired by EQT in a deal valuing the business at $2bn. The transaction...
Can actuaries trust AI models?

Can actuaries trust AI models?

InsurTech firm Akur8 is taking a controlled approach to AI adoption in insurance: if using AI for actuarial work is possible and even necessary...
Capricorn Mutual completes Duck Creek platform go-live

Capricorn Mutual completes Duck Creek platform go-live

Aggne, a Wipro company and insurance technology services provider, has confirmed the successful go-live of Capricorn Mutual, the member-owned risk protection organisation, on Duck...
Why rating engines are becoming insurers' decision hub

Why rating engines are becoming insurers’ decision hub

Pricing technology is moving beyond its traditional home in actuarial and underwriting teams. Rating engines are increasingly being used by marketing, innovation and product...
AML

Why underwriting data holds the key to spotting AML risk

Insurance houses across South Africa are pouring money into anti-financial crime tools, yet heavy spending alone is not solving the problem. Effectiveness, particularly at...
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