Sector Updates

Singapore-based InsurTech bolt has launched a solution designed to help insurance carriers and Managing General Agents (MGAs) reduce water-related losses through real-time monitoring, automated policyholder engagement, and seamless system integration.

bolt launches Prevention Technology to help insurers reduce water-related losses

Singapore-based InsurTech bolt has launched a solution designed to help insurance carriers and Managing General Agents (MGAs) reduce water-related losses through real-time monitoring, automated policyholder engagement, and seamless system integration.
82% of insurance leaders are prioritising AI adoption to enhance business performance, however many struggle to successfully deploy AI solutions at scale, according to new research.

AI adoption in insurance: 82% of leaders prioritise AI, but deployment lags

82% of insurance leaders are prioritising AI adoption to enhance business performance, however many struggle to successfully deploy AI solutions at scale, according to new research.
Foliume, which specialises in automating insurance processes, has secured a $1m seed funding round led by Belgium-based venture fund Pitchdrive and Wayra, the investment arm of Telefónica.

Foliume raises $1m seed round to enhance AI-driven insurance distribution

Foliume, which specialises in automating insurance processes, has secured a $1m seed funding round led by Belgium-based venture fund Pitchdrive and Wayra, the investment arm of Telefónica.
San Francisco-based InsurTech startup FurtherAI, which develops AI-powered assistants for the commercial insurance sector, has raised $5m in a funding round led by Nexus Venture Partners.

AI-driven InsurTech FurtherAI secures $5m to expand into UK market

San Francisco-based InsurTech startup FurtherAI, which develops AI-powered assistants for the commercial insurance sector, has raised $5m in a funding round led by Nexus Venture Partners.
Assurant, a leading global protection company specialising in safeguarding connected devices, homes, and automobiles, has launched Assurant Vehicle Care Technology Plus, a market-leading vehicle service contract (VSC).

Assurant launches Vehicle Care Technology Plus for comprehensive protection

Assurant, a leading global protection company specialising in safeguarding connected devices, homes, and automobiles, has launched Assurant Vehicle Care Technology Plus, a market-leading vehicle service contract (VSC).
HLPartnership (HLP), one of the UK’s leading mortgage networks, has announced an expansion of its General Insurance (GI) panel.

UK mortgage network HLPartnership adds three insurance providers to its GI panel

HLPartnership (HLP), one of the UK’s leading mortgage networks, has announced an expansion of its General Insurance (GI) panel.
London-based Icen Risk, a specialist in M&A insurance, has received a significant minority investment from Zurich, a leading global insurer.

Icen Risk gains Zurich backing to accelerate growth in M&A insurance market

London-based Icen Risk, a specialist in M&A insurance, has received a significant minority investment from Zurich, a leading global insurer.
MAPFRE, a global insurance giant, has named Carlos Díaz Gridilla as the new general manager of its real estate subsidiary, MAPFRE Inmuebles.

MAPFRE Inmuebles welcomes new general manager amid expansion plans

MAPFRE, a global insurance giant, has named Carlos Díaz Gridilla as the new general manager of its real estate subsidiary, MAPFRE Inmuebles.
Monzo, a leading UK-based digital bank known for its customer-centric financial services, has announced the launch a new product designed to provide renters and homeowners with a seamless way to protect their belongings.

Monzo launches Contents Insurance to offer seamless protection for renters and homeowners

Monzo, a leading UK-based digital bank known for its customer-centric financial services, has announced the launch a new product designed to provide renters and homeowners with a seamless way to protect their belongings.
Allianz Partners UK, a global provider of roadside assistance and insurance solutions, has been reappointed as Volvo Car UK’s roadside assistance provider for another three years.

Allianz Partners UK extends roadside assistance partnership with Volvo Car UK

Allianz Partners UK, a global provider of roadside assistance and insurance solutions, has been reappointed as Volvo Car UK’s roadside assistance provider for another three years.
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Latest Analysis

News Stories

Wellness programmes have become an increasingly common feature in life insurance offerings. Many insurers launch digital health initiatives with strong internal support and early customer interest. Yet maintaining engagement over time remains a persistent challenge.

Why life insurers struggle to sustain wellness programme engagement

Wellness programmes have become an increasingly common feature in life insurance offerings. Many insurers launch digital health initiatives with strong internal support and early...
INSTANDA has launched INSTANDA MAX, a new ‘underwriter-first’ capability designed to help commercial and non-admitted insurers underwrite tens of thousands of complex assets within a single policy in real time.

INSTANDA introduces MAX to scale commercial underwriting with AI

INSTANDA has launched INSTANDA MAX, a new ‘underwriter-first’ capability designed to help commercial and non-admitted insurers underwrite tens of thousands of complex assets within...
Acrisure has acquired technology-driven managing general agent Vave from Canopius Group, strengthening its position in the US insurance market and expanding its data-led underwriting capabilities.

Acrisure strengthens E&S underwriting with Vave acquisition

Acrisure has acquired technology-driven managing general agent Vave from Canopius Group, strengthening its position in the US insurance market and expanding its data-led underwriting...
Talanx AG has raised €1bn through a dual bond issuance aimed at strengthening its capital structure and supporting long term financial flexibility.

Talanx lands €1bn through dual bond issuance

Talanx AG has raised €1bn through a dual bond issuance aimed at strengthening its capital structure and supporting long term financial flexibility. The financing consists...
UK insurer Covéa is overhauling how it manages fraud and risk across the insurance lifecycle, selecting Shift Technology as a long-term strategic partner to support a new end-to-end approach spanning underwriting, claims and mid-term policy adjustments.

Covéa adopts Shift AI to unify underwriting and claims risk

UK insurer Covéa is overhauling how it manages fraud and risk across the insurance lifecycle, selecting Shift Technology as a long-term strategic partner to...
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