Sector Updates

DXC and ServiceNow partner to launch AI-powered insurance solutions for operational efficiency

DXC and ServiceNow partner to launch AI-powered insurance solutions for operational efficiency

DXC Technology, a Fortune 500 global technology services provider, and ServiceNow, a leading AI-powered platform for business transformation, have expanded their strategic partnership to modernise operations across the insurance industry.
InsurTech platform CoverForce secures $13m Series A to enhance carrier-agency connectivity

InsurTech platform CoverForce secures $13m Series A to enhance carrier-agency connectivity

CoverForce, an InsurTech platform focused on enhancing infrastructure and connectivity within the commercial insurance sector, has raised $13m in a Series A funding round. The...

Sedgwick elevates Kumar Siva to COO role in Canada

Sedgwick, a global entity in claims management and technology solutions, has announced the promotion of Kumar Siva to Chief Operating Officer in Canada.

Kanguro expands to Florida with its renters’ insurance offering

Kanguro, an InsurTech leader renowned for its revolutionary pet insurance products, has now entered the renters' insurance market in Florida.
KYND bolsters global growth with key hires across EMEA and US

KYND bolsters global growth with key hires across EMEA and US

Cyber risk management specialist KYND has announced two strategic hires to support its ambitious growth plans across the EMEA region and the US.
BriteCore

BriteCore unveils new vendor integrations to transform P&C insurance operations

BriteCore, a provider of cloud-native core insurance platforms for property and casualty insurers, has expanded its Solution Partner Marketplace. This enhancement introduces five new...
Akur8

CompSource Mutual enhances Pricing Accuracy with Akur8

CompSource Mutual, the leading provider of workers’ compensation insurance in Oklahoma, has partnered with Akur8 to revolutionize their pricing models through the implementation of...
InsuranceDekho secures $70m funding as Beams Fintech Fund doubles down on investment

InsuranceDekho secures $70m funding as Beams Fintech Fund doubles down on investment

Beams Fintech Fund, a prominent private equity firm focused on growth-stage FinTech and financial services companies, has confirmed its participation in a $70m funding round for its portfolio company InsuranceDekho.
Fusion Specialty partners with Insly to streamline M&A insurance operations

Fusion Specialty partners with Insly to streamline M&A insurance operations

Fusion Specialty, a global underwriting agency (managing general agent), has partnered with Insly, an insurance software provider, to modernise its operations and enhance efficiency.

Coalition secures $30m investment from MS&AD to expand Active Insurance offering

Coalition, a cybersecurity-focused InsurTech firm specialising in Active Insurance, has secured a $30m equity investment from Mitsui Sumitomo Insurance, a key subsidiary of MS&AD Insurance Group, Japan’s largest non-life insurer and a major player across the Asia-Pacific region.

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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