Sector Updates

Elysian, an AI-native third-party administrator for commercial insurance claims, has closed a $6m seed funding round.

Elysian secures $6m to transform commercial claims with AI

Elysian, an AI-native third-party administrator for commercial insurance claims, has closed a $6m seed funding round. The round was led by Portage, with additional participation...
Clearspeed, a global leader in voice-based risk assessment technology, has partnered with Pinnacol Assurance, Colorado’s top workers’ compensation insurer.

Pinnacol teams with Clearspeed to streamline claims engagement

Clearspeed, a global leader in voice-based risk assessment technology, has partnered with Pinnacol Assurance, Colorado’s top workers’ compensation insurer. The collaboration aims to improve Pinnacol’s...
Tangram Insurance Services, a national MGA, and INSTANDA, a no-code InsurTech platform, have partnered to launch a general liability product for the security guard industry.

Tangram and INSTANDA launch new liability product for security sector

Tangram Insurance Services, a national MGA, and INSTANDA, a no-code InsurTech platform, have partnered to launch a general liability product for the security guard...
InsurTech Optalitix, a leading provider of AI-driven pricing and analytics solutions for insurers and MGAs, has announced a major expansion of its flagship pricing platform, Optalitix Quote.

Optalitix launches reinsurance features in Quote

InsurTech Optalitix, a leading provider of AI-driven pricing and analytics solutions for insurers and MGAs, has announced a major expansion of its flagship pricing...
Insurity, a leading provider of cloud-based software for property and casualty insurance carriers, brokers, and managing general agents (MGAs), has announced the launch of Insurity Pro Suite.

Insurity unveils Pro Suite for insurance intermediaries

Insurity, a leading provider of cloud-based software for property and casualty insurance carriers, brokers, and managing general agents (MGAs), has announced the launch of...
Neutrinos, a specialist provider of AI-powered intelligent automation solutions for the insurance industry, has launched a new platform designed to address the limitations of traditional insurance systems.

Neutrinos introduces CSoE to transform insurance operations

Neutrinos, a specialist provider of AI-powered intelligent automation solutions for the insurance industry, has launched a new platform designed to address the limitations of...
Skyward Specialty Insurance Group, a US-based specialty insurer recognised for its innovative underwriting and workplace culture, has agreed to acquire Apollo Group Holdings Limited, a London-based specialist underwriting platform at Lloyd’s of London, in a deal valued at $555m.

Skyward Specialty acquires Apollo for $555m to boost Lloyd’s reach

Skyward Specialty Insurance Group, a US-based specialty insurer recognised for its innovative underwriting and workplace culture, has agreed to acquire Apollo Group Holdings Limited,...
Kayna, an embedded insurance infrastructure platform, has partnered with Willis, a global insurance broker, to deliver a new online insurance offering through Equine MediRecord (EMR).

Kayna partners with Willis and Markel for equine cover on EMR

Kayna, an embedded insurance infrastructure platform, has partnered with Willis, a global insurance broker, to deliver a new online insurance offering through Equine MediRecord...
When a claim is filed, critical decisions happen in an instant. A single email, a scanned PDF, or a few keystrokes can determine whether a payout is fast, a risk is flagged, or a customer’s trust is preserved. Too often, that information is stuck in silos or slowed by outdated systems. What if those scattered fragments could speak to each other, reason in real time, and anticipate needs?

Turning data into decisions insurers can trust

When a claim is filed, critical decisions happen in an instant. A single email, a scanned PDF, or a few keystrokes can determine whether...
Clutch, a FinTech startup providing digital loan and deposit origination solutions for credit unions, has partnered with TruStage, a provider of credit protection solutions for credit unions, to automate the selection of protection products for credit union members.

TruStage partners with Clutch to streamline loan protection

Clutch, a FinTech startup providing digital loan and deposit origination solutions for credit unions, has partnered with TruStage, a provider of credit protection solutions...

News Stories

TPG-backed Third Wave broadens regional brokerage reach

TPG-backed Third Wave broadens regional brokerage reach

Third Wave Insurance, the retail insurance brokerage platform backed by global alternative asset manager TPG, has agreed to acquire five insurance and advisory firms...
Why Cover Genius snapped up Berlin's Friendsurance

Why Cover Genius snapped up Berlin’s Friendsurance

Cover Genius, the embedded protection infrastructure firm, has bought Berlin-based InsurTech Friendsurance, deepening its footprint in European bancassurance and reinforcing its reach across Germany,...
Mapfre takes 38.9% stake in InsurTech Tuio

Mapfre takes 38.9% stake in InsurTech Tuio

Mapfre, the insurance group, has agreed to take a holding in Tuio, a specialist digital insurance distributor built on advanced technology and a mature...
Verisk deepens event response with MIS acquisition

Verisk deepens event response with MIS acquisition

Verisk, a strategic data analytics and technology partner serving the global insurance sector, has completed the purchase of McKenzie Intelligence Services (MIS), a firm...
Ominimo reaches $1.6bn valuation with AI motor insurance

Ominimo reaches $1.6bn valuation with AI motor insurance

Ominimo, a Budapest-based InsurTech using AI and advanced data analytics to transform motor insurance, has secured $22.5m in Series B funding at a $1.6bn valuation,...
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