Sector Updates

Ominimo, an AI-powered car insurer, and Fixico, a leading European digital car repair management platform, have entered a strategic partnership to oversee all of Ominimo’s vehicle repairs in the Netherlands.

As investor scrutiny intensifies and funding windows narrow, getting a clickable MVP into stakeholders' hands fast is becoming essential in FinTech product development. AI-powered low-code platforms claim to slash development time from weeks to mere hours, offering a competitive edge for teams under pressure. To put these claims to the test, custom software development company Symfa examined four leading contenders: Marblism, Vercel’s v0, Bolt.new, and Glide.

Fadata, a global provider of core software solutions for the insurance industry, has unveiled its latest AI strategy, aimed at reshaping how insurance firms adopt and benefit from artificial intelligence.

UK-based startup Novee AI has raised £1.6m in pre-seed funding to expand its generative AI platform for commercial and specialty insurance underwriting.

Commercial auto InsurTech Cover Whale Insurance Solutions, a US-based provider of connected insurance for the commercial auto sector, has raised $40m in equity financing.

Key European InsurTech investment stats in H1 2025: European InsurTech deal activity dropped by 16% YoY UK secured a third of all European InsurTech...

DynaRisk, a London-based cyber risk management company, has raised $4.7m in funding to expand its international footprint and accelerate product innovation. The investment round was...

The insurance industry’s digital transformation is now a necessity. According to insights from Comarch, a leading digital transformation specialist, the decision to embrace change...

DXC Technology has now introduced DXC Assure Illustrations, a next-generation AI-powered SaaS product designed to revolutionise life insurance policy illustrations.

The Plan Group (TPG), a leading provider of insurance solutions focused on innovation and technology, has launched a new brand, eavi, to serve electric and autonomous vehicle technology providers.