Sector Updates

Plutus, a newly launched company founded by former ServiceNow executives, has entered the market with a focus on developing AI-native solutions for the insurance industry.

Plutus launches AI insurance tools on ServiceNow

Plutus, a newly launched company founded by former ServiceNow executives, has entered the market with a focus on developing AI-native solutions for the insurance industry.
Cyata, a cybersecurity startup based in Tel Aviv, has emerged from stealth with a focus on securing AI agent identities within enterprise environments.

Cyata secures $8.5m to bring control to AI agent identities

Cyata, a cybersecurity startup based in Tel Aviv, has emerged from stealth with a focus on securing AI agent identities within enterprise environments.
dacadoo has launched Generation 5 of its digital health engagement platform, with new features designed to give users clearer insight into their wellbeing and clients more flexibility in how the platform is delivered.

dacadoo unveils Gen 5 platform with Health Score upgrade

dacadoo has launched Generation 5 of its digital health engagement platform, with new features designed to give users clearer insight into their wellbeing and clients more flexibility in how the platform is delivered.
AXA XL, a leading provider of cyber insurance, has partnered with Fenix24, a global expert in ransomware response and recovery, to offer enhanced cybersecurity assessment services to its cyber policyholders across North America.

AXA XL partners with Fenix24 to boost cyber resilience for clients

AXA XL, a leading provider of cyber insurance, has partnered with Fenix24, a global expert in ransomware response and recovery, to offer enhanced cybersecurity assessment services to its cyber policyholders across North America.
ZestyAI, a pioneer in AI-driven risk analytics, has launched ZORRO Discover™, an advanced generative AI agent designed to revolutionise the way insurers access regulatory filings and competitive market data.

ZestyAI debuts ZORRO Discover to streamline insurance research

ZestyAI, a leading provider of AI-driven risk analytics for the insurance industry, has launched ZORRO Discover™, a generative AI agent designed to streamline regulatory research and deliver immediate competitive insights.
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.

Ominimo and Fixico partner to digitise car repairs

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.

Best low-code AI platforms for rapid FinTech dev

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.

Fadata integrates AI to reshape core insurance systems

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.

Novee AI lands £1.6m to scale underwriting platform

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.

Commercial auto InsurTech Cover Whale raises $40m

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.

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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