Sector Updates

Assurant, Inc., a premier global protection company specialising in safeguarding connected devices, homes, and automobiles, has partnered with Ciocca Automotive, a growing automotive group operating 54 dealerships across New Jersey and Pennsylvania.

Blink Parametric, a B2B SaaS company and part of CPPGroup Plc, has announced the appointment of Brian Barter as its new chief executive officer...

Cyber insurance startup Baobab, a Germany-based InsurTech firm specialising in AI-driven cyber protection, has raised €12m in a Series A funding round aimed at expanding its operations across Europe.

Global InsurTech bolttech has successfully closed its Series C funding round, raising $147m and securing a post-money valuation of $2.1bn.

A quiet revolution is gathering pace across the insurance sector. While it may lack the drama of financial crashes or sweeping regulatory overhauls, its impact may prove just as profound. It is a transformation driven by artificial intelligence, automation, and a growing demand from customers for clearer, faster, and more relevant service.

AI has long promised to transform healthcare and insurance, and companies like dacadoo are now proving how that vision can become a reality. With a blend of traditional and Generative AI (GenAI) capabilities, dacadoo is among a new wave of digital health pioneers using intelligent tools to reshape how people engage with their well-being. From personalised coaching to multilingual content creation, Gen AI is now a cornerstone of how modern HealthTech and InsurTech solutions are built.

In today’s world, international disputes are no longer confined to the battlefield or diplomatic channels. With rising tensions, shifting alliances, and sanctions becoming common political tools, cyber risk has taken centre stage. Cyber insurance underwriters are increasingly faced with a critical challenge - not whether geopolitics will affect their portfolios, but how rapidly and significantly those impacts will manifest.

UK-based InsurTech firm Optalitix has launched Model Monitoring, a new feature for its flagship Optalitix Models platform, offering real-time tracking and analysis of insurance pricing models.

Independent specialty MGA HIVE Underwriters has announced a major strategic expansion into the space insurance sector with the appointment of Jack Kenneally as class underwriter.

Frank Winston Crum Insurance has partnered with Akur8 to enhance its risk modelling, pricing, and reserving processes through the adoption of Akur8’s core platform solution.