Sector Updates

Empathy, a technology company redefining how individuals cope with grief and manage end-of-life logistics, has raised $72m in a Series C funding round to further scale its compassionate support platform.

For years, digital transformation in sectors like healthcare, insurance, and financial services has concentrated heavily on front-end innovation, enhancing customer-facing interfaces like apps and portals. However, the underlying infrastructure has often remained disjointed and inefficient, with outdated workflows, compliance risks, and manual intervention creating friction and operational silos.

When discussing property and casualty insurance, the market typically divides into personal and commercial lines. However, not all clients fit neatly into either category. Sole proprietors often blur the lines, sometimes seeking quotes as individuals, other times as businesses - occasionally comparing both to secure the best deal. Dynamic insurance pricing software provider Quantee has delved into the commercial lines side, examining what sets pricing in this segment apart, and the hurdles insurers often face.

Insurance brokers are under growing pressure to process increasingly complex documentation while maintaining accuracy and speed. From comparing quotes to evaluating binders and policies,...

Markel is expanding its partnership with AI-driven InsurTech firm Mea Platform to include its Canadian underwriting operations.

Toolstation, one of the UK’s largest suppliers of tools and building supplies, has partnered with digital insurance broker Superscript to offer tradespeople tailored insurance via the Toolstation Club.

Eleos Life, a UK-based digital provider of embedded life and disability insurance, has announced its expansion into the U.S. market through strategic partnerships with Assurity, a mutual insurance corporation, and SCOR, a global reinsurer.

In health and social care, technology should make life easier, not more complex. ViClarity takes a partnership-first approach, recognising that successful digital transformation relies on the people using the system, not just the software itself.

dacadoo, a global leader in digital health engagement technology founded in 2010, has announced the launch of Generation 5 of its Digital Health Engagement Platform (DHEP).

The insurance sector is undergoing significant transformation, driven by the rapid evolution of technology and shifting market dynamics. According to Earnix, agentic AI lies at the heart of this change. Unlike conventional large language models that simply respond to user prompts, agentic AI is designed to take autonomous action, complete complex tasks, and drive outcomes – making it a key player in the future of InsurTech.