Sector Updates

European InsurTech deals H1 2025

UK dominated the European InsurTech market with a third of all deals in the...

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 secures $4.7m to scale cyber insurance tools

DynaRisk secures $4.7m to scale cyber insurance tools

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 has effectively already been made by insurers, whether they participate or not. The COVID-19 pandemic accelerated the shift to digitised sales and after-sales services, pushing companies to adopt remote and self-service options rapidly. Coupled with the economic recession squeezing profits, insurance firms must urgently seek optimisation and efficiency across all operations.

Why insurers must act now on digital transformation

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.

DXC Technology launches AI-powered Assure Illustrations for life insurers

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.

The Plan Group’s eavi bridges gap in future mobility insurance

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.

How people and technology shape the future of the London Market

The London Market’s enduring strength lies in its unique DNA, centred on expertise, face-to-face collaboration, and bespoke problem-solving. Novidea, a prominent technology provider within the market, highlights how this ecosystem’s future depends on combining tradition with innovation to stay competitive amid rising pressures from rival hubs like Frankfurt and Paris post-Brexit.
Venbrook Group, a fast-growing, independently owned insurance brokerage and risk management firm based in the United States, has entered into a strategic partnership with DB Insurance to launch a specialty habitational insurance product for multi-unit residential properties in California.

Venbrook and DB Insurance launch condo insurance for California

Venbrook Group, a fast-growing, independently owned insurance brokerage and risk management firm based in the United States, has entered into a strategic partnership with DB Insurance to launch a specialty habitational insurance product for multi-unit residential properties in California.
Honeycomb Insurance, a Chicago-based InsurTech company, has announced the expansion of its non-admitted insurance programme, Honeycomb Specialty, across all 18 states in which it currently operates.

Honeycomb boosts insured limits to $25m with Specialty rollout

Honeycomb Insurance, a Chicago-based InsurTech company, has announced the expansion of its non-admitted insurance programme, Honeycomb Specialty, across all 18 states in which it currently operates.
Insurers and banks increasingly face complex analytical challenges as they strive to build accurate, transparent, and scalable predictive models. From managing high-dimensional data to avoiding overfitting, finding the right balance between model performance and interpretability is no small task, especially when dealing with categorical features.

How Earnix enhances GLM models with Smart Grouping tech

Insurers and banks increasingly face complex analytical challenges as they strive to build accurate, transparent, and scalable predictive models. From managing high-dimensional data to avoiding overfitting, finding the right balance between model performance and interpretability is no small task, especially when dealing with categorical features.
Honda, the Japanese automotive giant known for its innovative vehicles, has launched Honda Insurance Solutions, a new licensed insurance agency aimed at providing a seamless and competitive insurance experience for its customers across the United States.

Honda Insurance Solutions offers digital insurance quotes

Honda, the Japanese automotive giant known for its innovative vehicles, has launched Honda Insurance Solutions, a new licensed insurance agency aimed at providing a seamless and competitive insurance experience for its customers across the United States.

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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