Sector Updates

CLARA Analytics, a provider of AI-driven solutions for claims optimisation in the insurance sector, has launched two new tools, Triage Risk Notes and Claim Event Indicators, aimed at enhancing the efficiency and accuracy of claims management.

Stitch Studio, a US-based InsurTech startup specialising in AI agents for the insurance sector, has raised $3m in a seed funding round led by venture capital firm ManchesterStory.

Bancassurance, long a traditional sales-led model, is undergoing a transformative evolution. In 2025, it is shifting from simple product distribution towards a digitally driven, customer-centric approach focused on personalised wellness and proactive health engagement. This transformation is significantly altering the collaboration between banks and insurers, integrating insurance seamlessly into daily financial decisions, according to dacadoo.

Insurity, a cloud-based software provider for insurance carriers, brokers, and MGAs, has reached a major operational milestone in 2025 with 20 successful customer go-lives already recorded this year.

InsurTech startup Honeycomb Insurance has officially opened its new headquarters in Chicago, underscoring the company’s ongoing expansion and its commitment to growing operations in one of the nation’s leading insurance markets.

MAPFRE RE, a global reinsurer, and ICEYE, a satellite-based disaster management solutions provider, have announced a new agreement to license ICEYE’s Flood Insights data for global use.

Ushur, a leading provider of AI-powered Customer Experience Automation™ solutions, has announced the launch of Ushur Intelligence, a purpose-built platform aimed at regulated sectors including healthcare, insurance, and financial services.

INSHUR has secured a $35m funding round from Trinity Capital to accelerate its growth across the US and support its ambitions in the autonomous vehicle insurance market.

Wrisk secures £12m to scale its embedded auto insurance across Europe. Discover the InsurTech’s growth plans now. Wrisk, an InsurTech company specialising in embedded insurance for the automotive sector, has secured £12m in its Series B funding round to support its strategic growth plans.

RoofMarketplace, an InsurTech company reinventing the roofing claims process, has marked a significant milestone with a strategic funding round and leadership update.