Sector Updates

Singapore-based InsurTech firm bolttech has expanded its partnership with Amazon Web Services (AWS) to implement generative AI (GenAI) across its global operations.

Blueberry Life, a UK-based InsurTech company focused on redefining the future of life insurance, has launched a crowdfunding campaign on CrowdCube to support its new longevity subscription.

Empathy, a technology company redefining how individuals cope with grief and manage end-of-life logistics, has raised $72m in a Series C funding round to further scale its compassionate support platform.

For years, digital transformation in sectors like healthcare, insurance, and financial services has concentrated heavily on front-end innovation, enhancing customer-facing interfaces like apps and portals. However, the underlying infrastructure has often remained disjointed and inefficient, with outdated workflows, compliance risks, and manual intervention creating friction and operational silos.

When discussing property and casualty insurance, the market typically divides into personal and commercial lines. However, not all clients fit neatly into either category. Sole proprietors often blur the lines, sometimes seeking quotes as individuals, other times as businesses - occasionally comparing both to secure the best deal. Dynamic insurance pricing software provider Quantee has delved into the commercial lines side, examining what sets pricing in this segment apart, and the hurdles insurers often face.

Insurance brokers are under growing pressure to process increasingly complex documentation while maintaining accuracy and speed. From comparing quotes to evaluating binders and policies,...

Markel is expanding its partnership with AI-driven InsurTech firm Mea Platform to include its Canadian underwriting operations.

Toolstation, one of the UK’s largest suppliers of tools and building supplies, has partnered with digital insurance broker Superscript to offer tradespeople tailored insurance via the Toolstation Club.

Eleos Life, a UK-based digital provider of embedded life and disability insurance, has announced its expansion into the U.S. market through strategic partnerships with Assurity, a mutual insurance corporation, and SCOR, a global reinsurer.

In health and social care, technology should make life easier, not more complex. ViClarity takes a partnership-first approach, recognising that successful digital transformation relies on the people using the system, not just the software itself.