Sector Updates

Specialty insurance cloud firm Tinubu closes $45m funding led by Morgan Stanley

Specialty insurance cloud firm Tinubu closes $45m funding led by Morgan Stanley

Tinubu, a leading provider of cloud-based enterprise software for the specialty insurance industry, has raised $45m in growth capital to fuel its product innovation and global expansion.
Drawing on his leadership experience at XL Group, Safeco, and global industry bodies, McGavick will guide mea’s strategic expansion. His expertise in (re)insurance data challenges aligns with mea’s mission to unlock value from existing data systems using GenAI and Agentic AI. The move underscores mea’s commitment to transforming data flow in insurance and adjacent sectors.

Insurance veteran Mike McGavick joins mea Platform as chairman and strategic advisor

mea Platform, the AI-powered InsurTech revolutionising insurance transactions and operations, has appointed Mike McGavick as board chairman and strategic advisor. The company, which leverages cutting-edge...
Sapiens International Corporation, a global provider of software solutions for the insurance sector, has announced a strategic partnership with a leading European-based global insurer.

Sapiens partners with European insurer to modernise London Market operations

Sapiens International Corporation, a global provider of software solutions for the insurance sector, has announced a strategic partnership with a leading European-based global insurer.
wefox, the Berlin-based InsurTech company known for its fully digital insurance platform, has announced the sale of its Italian business operations in a bid to refocus and consolidate its global efforts.

InsurTech firm wefox exits Italian market in strategic realignment

wefox, the Berlin-based InsurTech company known for its fully digital insurance platform, has announced the sale of its Italian business operations in a bid to refocus and consolidate its global efforts.
HUB International, a global insurance brokerage firm headquartered in Chicago, has secured a landmark $1.6bn minority equity investment, pushing its valuation to $29bn, the highest valuation ever recorded for a privately held insurance broker.

InsurTech giant HUB International lands $1.6bn funding to hit $29bn valuation

HUB International, a global insurance brokerage firm headquartered in Chicago, has secured a landmark $1.6bn minority equity investment, pushing its valuation to $29bn, the highest valuation ever recorded for a privately held insurance broker.
Bestow lands $120m Series D to transform life insurance tech

Bestow lands $120m Series D to transform life insurance tech

Bestow, a US-based InsurTech company that provides end-to-end software solutions for life insurers, has raised $120m in an oversubscribed Series D funding round.
EQT Ventures backs MarvelX with $6m to automate insurance workflows

EQT Ventures backs MarvelX with $6m to automate insurance workflows

Amsterdam-based MarvelX, a FinTech start-up focused on operational automation in financial services, has closed a $6m seed funding round to support the launch of its AI-powered platform for the insurance sector.
ChainThat, a leading provider of next-generation InsurTech solutions, has successfully launched its Beyond Policy Administration® (BPA) platform with Cobalt Specialty Inc., a Canadian specialty insurance provider.

ChainThat launches BPA platform with Cobalt Specialty in Canada

ChainThat, a leading provider of next-generation InsurTech solutions, has successfully launched its Beyond Policy Administration® (BPA) platform with Cobalt Specialty Inc., a Canadian specialty insurance provider.
Decant Group, a private client fine wine and spirits company has announced a a strategic long-term partnership with Embri to integrate asset protection into Decant’s digital marketplace, the Decant Index.

Embri and Decant Group bottle up protection for whisky and wine investments

Decant Group, a private client fine wine and spirits company has announced a a strategic long-term partnership with Embri to integrate asset protection into Decant’s digital marketplace, the Decant Index.
KatRisk, a leading provider of catastrophic risk modelling software for the insurance and financial services industries, has acquired Gamma in a move to expand its risk analytics capabilities and strengthen its global presence.

KatRisk acquires Gamma to enhance property-level risk analytics and catastrophe modelling

KatRisk, a leading provider of catastrophic risk modelling software for the insurance and financial services industries, has acquired Gamma in a move to expand its risk analytics capabilities and strengthen its global presence.

News Stories

Majesco: Agentic AI shapes the future of insurance

Majesco, an AI-native and cloud-native software provider for the insurance industry, has published its latest thought leadership report examining how insurers are approaching artificial...
Federato brings AI insurance platform to APAC and Japan

Federato brings AI insurance platform to APAC and Japan

Federato, an AI-native InsurTech platform covering the full insurance policy lifecycle, has announced its expansion into the Asia-Pacific and Japan (APJ) region, opening its...
Marshmallow joins Percayso and TransUnion in data deal

Marshmallow joins Percayso and TransUnion in data deal

Marshmallow Insurance, an auto insurance provider focused on people moving to the UK, has signed a multi-year data partnership with Percayso Inform, a behaviour...

Matic secures Primus Capital investment and Policygenius deal

Matic, an embedded insurance platform, has secured a minority investment from private equity firm Primus Capital and completed the acquisition of Policygenius' property and...
LexisNexis launches motor claims data intelligence suite

LexisNexis launches motor claims data intelligence suite

LexisNexis Risk Solutions, a global provider of information-based analytics and decision tools and part of RELX, has unveiled a suite of new data intelligence...
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