King Risk Partners acquires Fidens Insurance Brokers to bolster Northeastern US presence
King Risk Partners, a national insurance firm focused on strategic expansion, has acquired Fidens Insurance Brokers, an independent insurance agency based in Red Bank, New Jersey.
Scottish Widows and Sprout.ai partner to fast-track life insurance claims using AI
Scottish Widows, a leading life insurance and pensions provider and part of Lloyds Banking Group, has entered into a partnership with Sprout.ai to pilot artificial intelligence (AI) solutions that aim to transform the insurance claims and underwriting process.
Chubb joins forces with SafeWeb to offer cyber insurance for small businesses
SafeWeb, a provider of AI-powered cyber security solutions for small businesses (SMBs), has formed a partnership with Chubb, a global leader in insurance, to enhance cyber resilience for SMEs through an all-in-one protection solution.
Previsico sounds alarm as most UK firms lack flood resilience plans
Fewer than 30% of UK businesses are ready to face the increasing threat of flooding linked to climate change, according to new findings from InsurTech firm Previsico.
Kota raises $14.5m to expand embedded insurance benefits platform
Kota, an Irish InsurTech firm transforming how businesses deliver employee benefits, has secured $14.5m in Series A funding.
Conifer and Skyward Specialty partner to launch Cannabis Select for multi-state cannabis operators
Conifer Insurance Services, a specialist insurance provider focused on niche markets, has partnered with Skyward Specialty Insurance Group, a commercial P&C insurer with a strategy centred around niche underwriting, to launch a new insurance programme called Cannabis Select.
Quandri names Patrick Mulroy as head of strategy and partnerships to spearhead US expansion
Quandri, an AI-driven InsurTech firm focused on modernising personal lines renewals for insurance agencies, has announced the appointment of Patrick Mulroy as head of strategy and partnerships.
Parametrix unveils $2m embedded insurance product for EDR system failures
Parametrix, a pioneer in digital business interruption insurance, has launched a new embedded coverage programme aimed at safeguarding businesses from disruptions triggered by endpoint security failures.
Cytora and Aisix Solutions team up to power insurers with wildfire risk data
Cytora, a digital risk processing platform helping insurers streamline underwriting, has announced a new partnership with Aisix Solutions to enhance insurers' ability to assess and manage wildfire risk.
Bain Capital backs $2.1bn raise for FinTech leader Acrisure
Acrisure, the global FinTech firm offering AI-driven financial services, has secured $2.1bn through a new capital raise backed by several major investors, bolstering its plans to grow internationally and enhance its platform.
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