Sector Updates

MAPFRE RE, a global reinsurer, and ICEYE, a satellite-based disaster management solutions provider, have announced a new agreement to license ICEYE’s Flood Insights data for global use.

Ushur, a leading provider of AI-powered Customer Experience Automation™ solutions, has announced the launch of Ushur Intelligence, a purpose-built platform aimed at regulated sectors including healthcare, insurance, and financial services.

INSHUR has secured a $35m funding round from Trinity Capital to accelerate its growth across the US and support its ambitions in the autonomous vehicle insurance market.

Wrisk secures £12m to scale its embedded auto insurance across Europe. Discover the InsurTech’s growth plans now. Wrisk, an InsurTech company specialising in embedded insurance for the automotive sector, has secured £12m in its Series B funding round to support its strategic growth plans.

RoofMarketplace, an InsurTech company reinventing the roofing claims process, has marked a significant milestone with a strategic funding round and leadership update.

Holland & Barrett, the UK’s leading health and wellness retailer, has partnered with dacadoo, a Swiss-based digital health company, to enhance the customer experience through its wellness app, H&B&Me.

Instnt has been granted Insurance Certification in New York, enabling the InsurTech to expand operations in one of the U.S.'s most tightly regulated markets.

Markel, a specialist insurer with a strong UK presence, has introduced new pre-loss services to help its cyber insurance clients better manage digital risks and privacy compliance.

InsurTech company wefox, which focuses on smart insurance distribution and asset-light Managing General Agent (MGA) services, has raised €151m in fresh funding.

Quantee has explored two distinct approaches to performing price optimisation in insurance, focusing on methods that avoid the controversial practice of price walking while still adhering to business objectives for conversion and retention. This article builds on the ethical considerations of price optimisation and compares the benefits and trade-offs of separate versus joint optimisation models.