Sector Updates

nettle, an AI-powered risk assessment and report generation platform for commercial insurers, has joined Guidewire’s InsurTech Vanguards programme.

nettle and Guidewire partner to modernise insurance

nettle, an AI-powered risk assessment and report generation platform for commercial insurers, has joined Guidewire’s InsurTech Vanguards programme.
AdvanceCare, a major health insurance third-party administrator (TPA), has deepened its collaboration with London-based InsurTech Sprout.ai to enable health insurance claims to be processed in as little as 60 seconds.

AdvanceCare taps Sprout.ai for 60-second health claims

AdvanceCare, a major health insurance third-party administrator (TPA), has deepened its collaboration with London-based InsurTech Sprout.ai to enable health insurance claims to be processed in as little as 60 seconds.
Global InsurTech funding Q2 2025

Global InsurTech funding grew by 15% YoY in Q2 as investors prioritised larger deals

Key Global InsurTech investment stats in Q2 2025: Global InsurTech funding grew by 15% YoY in Q2 Average deal value increased to $15.3m as...
COVU, an AI-native insurance servicing platform focused on scalable and tech-powered growth, has acquired Mitchell Insurance Agency, a respected family-run business based in Roseville, California.

COVU expands AI platform with Mitchell Insurance acquisition

COVU, an AI-native insurance servicing platform focused on scalable and tech-powered growth, has acquired Mitchell Insurance Agency, a respected family-run business based in Roseville, California.
Ushur, a leading provider of AI-powered customer engagement solutions for regulated industries including healthcare, insurance, and financial services, has launched Ushur Intelligence.

Ushur introduces Ushur Intelligence to boost AI agents

Ushur, a leading provider of AI-powered customer engagement solutions for regulated industries including healthcare, insurance, and financial services, has launched Ushur Intelligence.
Everest, a global provider of insurance and reinsurance solutions, has appointed Mark Shaw as chief commercial officer (CCO) for its International Insurance division.

Mark Shaw takes on chief commercial officer role at Everest

Everest, a global provider of insurance and reinsurance solutions, has appointed Mark Shaw as chief commercial officer (CCO) for its International Insurance division.
Intersys, a UK-based cybersecurity and IT services provider, has announced the official launch of its operations in India.

Intersys India debuts with cyber risk tools for insurers

Intersys, a UK-based cybersecurity and IT services provider, has announced the official launch of its operations in India.
Squalify, a Munich-based top-down cyber risk quantification platform, has expanded into the U.S. market, onboarding its first American client, Henry Meds, a fast-growing digital healthcare firm located in the Bay Area.

Squalify enters U.S. with cyber risk platform launch

Squalify, a Munich-based top-down cyber risk quantification platform, has expanded into the U.S. market, onboarding its first American client, Henry Meds, a fast-growing digital healthcare firm located in the Bay Area.
OpenDialog, a conversational AI company focused on the insurance sector, has joined forces with Guidewire, a cloud platform provider for the property and casualty (P&C) insurance industry, through the Insurtech Vanguards programme.

OpenDialog joins Guidewire to boost safe AI in insurance

OpenDialog, a conversational AI company focused on the insurance sector, has joined forces with Guidewire, a cloud platform provider for the property and casualty (P&C) insurance industry, through the Insurtech Vanguards programme.
Verisk, a global data analytics and technology provider, has agreed to acquire SuranceBay, a leading InsurTech firm specialising in licensing and compliance solutions for the life and annuity sector, for $162.5m in cash.

Verisk expands life solutions with $162.5m SuranceBay deal

Verisk, a global data analytics and technology provider, has agreed to acquire SuranceBay, a leading InsurTech firm specialising in licensing and compliance solutions for the life and annuity sector, for $162.5m in cash.

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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