Sector Updates

British InsurTech firm Marshmallow, which provides car and van insurance for people who have recently moved to the UK, has raised around £68m in new funding.

UK InsurTech Marshmallow secures £68m to push past £1.5bn valuation

British InsurTech firm Marshmallow, which provides car and van insurance for people who have recently moved to the UK, has raised around £68m in new funding.
Zurich Insurance Group, a global insurance leader based in Switzerland, has deepened its commitment to digital innovation by investing in Ominimo, a fast-growing InsurTech startup focused on AI-powered motor insurance.

Zurich invests in InsurTech Ominimo to boost AI-powered car insurance in Europe

Zurich Insurance Group, a global insurance leader based in Switzerland, has deepened its commitment to digital innovation by investing in Ominimo, a fast-growing InsurTech startup focused on AI-powered motor insurance.
HawkSoft, a leading provider of agency management systems for independent insurance agencies, has partnered with Sembley to streamline the insurance submission process for agencies.

HawkSoft and Sembley partner to automate insurance submissions for independent agencies

HawkSoft, a leading provider of agency management systems for independent insurance agencies, has partnered with Sembley to streamline the insurance submission process for agencies.
RevTech Labs has announced the launch of its 22nd accelerator cohort, designed to boost innovation across the FinTech and InsurTech sectors.

RevTech Labs announces launch of 22nd accelerator to boost FinTech and InsurTech innovation

RevTech Labs has announced the launch of its 22nd accelerator cohort, designed to boost innovation across the FinTech and InsurTech sectors.
Sohar Health, an AI-driven InsurTech company specialising in real-time eligibility determination and Verification of Benefits (VoB), has announced a $3.8m seed funding round.

Sohar Health raises $3.8m to streamline healthcare access with AI-powered eligibility checks

Sohar Health, an AI-driven InsurTech company specialising in real-time eligibility determination and Verification of Benefits (VoB), has announced a $3.8m seed funding round.
Embri, a UK-based embedded insurance platform that helps retailers offer protection at the point of sale, has announced the launch of its latest funding round via the crowdfunding platform Crowdcube.

Embedded InsurTech platform Embri launches Crowdcube raise to fuel UK expansion

Embri, a UK-based embedded insurance platform that helps retailers offer protection at the point of sale, has announced the launch of its latest funding round via the crowdfunding platform Crowdcube.
Meanwhile, a digital asset-focused InsurTech company offering life insurance solutions, has raised $40m in a Series A funding round.

Meanwhile raises $40m Series A to expand digital asset life insurance offering

Meanwhile, a digital asset-focused InsurTech company offering life insurance solutions, has raised $40m in a Series A funding round.
Ushur, a company specialising in Customer Experience Automation (CXA) for regulated industries, has renewed its HITRUST r2 certification, reinforcing its commitment to information security and compliance excellence.

CX firm Ushur reaffirms security commitment with HITRUST r2 certification renewal

Ushur, a company specialising in Customer Experience Automation (CXA) for regulated industries, has renewed its HITRUST r2 certification, reinforcing its commitment to information security and compliance excellence.
ZestyAI, a California-based InsurTech company leveraging artificial intelligence to assess climate and property risk, has revealed that over 12.6m homes in the U.S. are at high risk of hail-related roof damage, representing $189.5bn in potential replacement costs.

InsurTech firm ZestyAI flags $189.5bn hail risk across 12.6m U.S. properties

ZestyAI, a California-based InsurTech company leveraging artificial intelligence to assess climate and property risk, has revealed that over 12.6m homes in the U.S. are at high risk of hail-related roof damage, representing $189.5bn in potential replacement costs.
Resilience, a leading provider of cyber risk solutions, has launched a new Technology Errors and Omissions (Tech E&O) coverage across the UK and Europe, in partnership with Accredited Insurances.

Resilience launches Tech E&O coverage across UK and Europe

Resilience, a leading provider of cyber risk solutions, has launched a new Technology Errors and Omissions (Tech E&O) coverage across the UK and Europe, in partnership with Accredited Insurances.

News Stories

Prosus backs Alan’s €480m Series G at €5.5bn valuation

Alan, a prevention insurance platform serving over 1.1 million members, has secured a €480m ($550m) Series G financing round, valuing the business at €5.5bn...

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...
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