Sector Updates

Diesta, an InsurTech startup focused on transforming insurance payment processes, has raised $3.8m in a seed funding round led by FinTech Collective. 

Diesta closes $3.8m seed round to transform B2B insurance payments

Diesta, an InsurTech startup focused on transforming insurance payment processes, has raised $3.8m in a seed funding round led by FinTech Collective. 
ClaimSorted, a company focused on simplifying claims processing for insurers, has secured $3m in pre-seed funding.

ClaimSorted raises $3m to revolutionise claims processing with AI-powered platform

ClaimSorted, a company focused on simplifying claims processing for insurers, has secured $3m in pre-seed funding.
Clearwater Analytics, a leading provider of SaaS-based investment management, accounting, reporting, and analytics solutions, has announced the expansion of its EMEA leadership team with three key appointments.

Clearwater Analytics expands EMEA leadership team with three new appointments

Clearwater Analytics, a leading provider of SaaS-based investment management, accounting, reporting, and analytics solutions, has announced the expansion of its EMEA leadership team with three key appointments.
Toyota Insurance Management Solutions (TIMS) has partnered with Lemonade to to integrate home and renters insurance alongside Toyota's auto policies, in a bid to bolster its overall services.

Toyota Insurance Management Solutions partners with Lemonade to expand insurance offerings

Toyota Insurance Management Solutions (TIMS) has partnered with Lemonade to to integrate home and renters insurance alongside Toyota's auto policies, in a bid to bolster its overall services.
One Inc, the leading payments network for the insurance industry, has expanded its collaboration with J.P. Morgan Payments to deliver a comprehensive, unified payment experience for Property & Casualty insurance clients.

One Inc and J.P. Morgan Payments to deliver unified digital payment solutions for P&C...

One Inc, the leading payments network for the insurance industry, has expanded its collaboration with J.P. Morgan Payments to deliver a comprehensive, unified payment experience for Property & Casualty insurance clients.
Stoïk secures $27m in Series B to bolster cyber insurance for European SMEs

Stoïk secures $27m in Series B to bolster cyber insurance for European SMEs

Stoïk, a French InsurTech startup, recently secured Series B funding of €25m ($27m).
Sprout.ai, an intelligent claims automation platform for the insurance industry, has appointed Ian Thompson, former Group Chief Claims Officer at Zurich, as the first member of its newly created growth advisory board.

Ex-Zurich CCO Ian Thompson joins Sprout.ai’s growth advisory board

Sprout.ai, an intelligent claims automation platform for the insurance industry, has appointed Ian Thompson, former Group Chief Claims Officer at Zurich, as the first member of its newly created growth advisory board.
Gradient AI, a prominent enterprise software provider, has partnered with Michigan Planners, a full-service insurance agency, to provide more accurate risk assessments and better-customised health plans.

Michigan Planners enhances health plans with Gradient AI’s SAIL underwriting platform

Gradient AI, a prominent enterprise software provider, has partnered with Michigan Planners, a full-service insurance agency, to provide more accurate risk assessments and better-customised health plans.
hyperexponential, a global pricing platform provider for re/insurers, has introduced its first templated reinsurance pricing model, designed for treaty reinsurance, including Excess of Loss (XoL) agreements.

hyperexponential introduces innovative reinsurance pricing model

hyperexponential, a global pricing platform provider for re/insurers, has introduced its first templated reinsurance pricing model, designed for treaty reinsurance, including Excess of Loss (XoL) agreements.
Volt Underwriting has officially launched as an approved coverholder, backed by Dale Underwriting Partners’ Lloyd’s Syndicate 1729, with support from MGA Accelerator DA Strategy.

Volt Underwriting launches with $25m capacity for energy sector risks

Volt Underwriting has officially launched as an approved coverholder, backed by Dale Underwriting Partners’ Lloyd’s Syndicate 1729, with support from MGA Accelerator DA Strategy.

News Stories

Incorporating essential services into insurance apps is crucial for boosting customer engagement and enhancing the overall user experience. Hosting a recent webinar, Manal Hoyer, Chief Operating Officer at dacadoo, sat down with Marleydy Arias Sarmiento, Digital Experience and Marketing Transformation Manager at Seguros Bolivar, to discuss how insurers can integrate comprehensive services into insurance apps to create seamless, value-added experiences.

How to integrate comprehensive services into insurance apps

Incorporating essential services into insurance apps is crucial for boosting customer engagement and enhancing the overall user experience. Hosting a recent webinar, Manal Hoyer, Chief Operating Officer at dacadoo, sat down with Marleydy Arias Sarmiento, Digital Experience and Marketing Transformation Manager at Seguros Bolivar, to discuss how insurers can integrate comprehensive services into insurance apps to create seamless, value-added experiences.
Insurity has partnered with ICEYE to integrate real-time catastrophe insights into its platform, enhancing P&C insurers’ ability to respond faster and more effectively to disasters.

Insurity partners with ICEYE to deliver real-time catastrophe insights to P&C insurance customers

Insurity has partnered with ICEYE to integrate real-time catastrophe insights into its platform, enhancing P&C insurers’ ability to respond faster and more effectively to disasters.
Oyster has released an innovative suite of digital products aimed at revolutionising the property and casualty (P&C) insurance experience for small and medium-sized businesses (SMBs).

Oyster launches new AI-powered products to transform P&C insurance for SMBs

Oyster has released an innovative suite of digital products aimed at revolutionising the property and casualty (P&C) insurance experience for small and medium-sized businesses (SMBs).
Protect Group, a leader in ancillary travel products, has announced a strategic partnership with Blink Parametric to enhance travel protection solutions through its Protect Marketplace platform.

Protect Group and Blink Parametric partner to enhance travel protection solutions

Protect Group, a leader in ancillary travel products, has announced a strategic partnership with Blink Parametric to enhance travel protection solutions through its Protect Marketplace platform.
Specialty MGA Crux Underwriting is set to leverage mea's cutting-edge GenAI-powered platform to elevate its broker service offering.

Crux Underwriting selects mea’s GenAI-powered platform to enhance broker service proposition

Specialty MGA Crux Underwriting is set to leverage mea's cutting-edge GenAI-powered platform to elevate its broker service offering.

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