Sector Updates

Global InsurTech provider Duck Creek Technologies has announced a new SaaS partnership with Capricorn Mutual, the insurance division of member-owned organisation Capricorn, to overhaul its core insurance systems.

CLARA Analytics, a leading provider of artificial intelligence (AI) solutions for the insurance industry, has announced a significant upgrade to its flagship platform, Claims DocIntel Pro. 

Cyber risk analytics provider Cyberwrite has deepened its collaboration with Markel Insurance to enhance cyber underwriting, broker enablement, and risk modelling capabilities across European markets.

Crabi, a full-stack digital auto insurance company based in Mexico, has secured $13.6m in a new funding round to boost its AI-powered insurance offering and expand access to affordable vehicle coverage nationwide.

Markel Insurance and Insurate, an InsurTech company focused on the middle-market workers compensation sector, have formed a strategic partnership. Markel is a major U.S.-based...

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.