Sector Updates

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.
Willis, a WTW business, a leading global advisory, broking and solutions company, has announced the launch of FinTech Plus, an innovative insurance solution designed to meet the evolving needs of FinTech firms across the world.

Willis launches FinTech Plus to offer global insurance protection for scaling FinTech firms

Willis, a WTW business, a leading global advisory, broking and solutions company, has announced the launch of FinTech Plus, an innovative insurance solution designed to meet the evolving needs of FinTech firms across the world.
Global InsurTech investments Q1 2025

Global InsurTech investments increased by two-thirds in Q1 as investors’ interest recovers

Key Global InsurTech investment stats in Q1 2025: Global InsurTech investments increase by two-thirds QoQ in Q1 2025 Average deal value rose to $13.6m...
Chubb, a global insurance giant known for its wide-ranging commercial and personal property and casualty insurance offerings, has appointed Carla Orejas as head of major accounts and distribution for Continental Europe, the Middle East, and North Africa (CEMENA), effective 2 June 2025.

Chubb names Carla Orejas to drive regional growth in major accounts and distribution

Chubb, a global insurance giant known for its wide-ranging commercial and personal property and casualty insurance offerings, has appointed Carla Orejas as head of major accounts and distribution for Continental Europe, the Middle East, and North Africa (CEMENA), effective 2 June 2025.
Percayso Inform, a UK-based InsurTech offering data and intelligence solutions to the insurance sector, has entered into a partnership with Pizza, a new start-up insurance broker focused on disrupting the motor insurance market with its customer-first approach.

Pizza partners with Percayso to serve up a fairer slice of motor insurance

Percayso Inform, a UK-based InsurTech offering data and intelligence solutions to the insurance sector, has entered into a partnership with Pizza, a new start-up insurance broker focused on disrupting the motor insurance market with its customer-first approach.
Propelled by the rise of InsurTech, the insurance industry is currently in the midst of a watershed moment. Technological innovation, coupled with shifting customer expectations, is transforming how firms operate and compete. As a result, mergers and acquisitions (M&A) in the sector are being heavily influenced by the strategic adoption of technology. For insurance professionals, this presents a double-edged sword, offering expansive growth opportunities while demanding a proactive approach to digital transformation, according to Novidea. 

Why technology is the cornerstone of modern insurance growth strategies

Propelled by the rise of InsurTech, the insurance industry is currently in the midst of a watershed moment. Technological innovation, coupled with shifting customer...

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Everest continues insurance portfolio shift with Mexico business sale

Everest continues insurance portfolio shift with Mexico business sale

Everest Group, a Bermuda-headquartered specialty reinsurance and insurance provider, has agreed to sell its Mexico insurance business to Fairfax Financial Holdings, as the company...
Why AI built for insurance decisions matters for MGAs

Why AI built for insurance decisions matters for MGAs

Managing general agents (MGAs) have built their position in the insurance market around agility, using specialist knowledge to identify opportunities, enter niche markets, respond...
Earnix names Matthew Twist as VP of sales for EMEA

Earnix names Matthew Twist as VP of sales for EMEA

Earnix, a Dynamic AI for Intelligent Decisioning provider serving the insurance and banking sectors, has named Matthew Twist as its new vice president of...

Guidewire unveils AI agent framework for insurers

Guidewire, the InsurTech platform used by more than 570 insurers across 43 countries, has launched its Agentic Framework as part of its new Qusar...
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