Sector Updates

Ageas, a Belgian insurance group, has announced the acquisition of esure from Bain Capital in a $1.7bn deal that positions the firm as the third largest personal lines platform in the UK.

Ageas acquires esure from Bain Capital for £1.3bn to build UK’s third largest personal...

Ageas, a Belgian insurance group, has announced the acquisition of esure from Bain Capital in a $1.7bn deal that positions the firm as the third largest personal lines platform in the UK.
Luxury Escapes, a leading Australian exclusive travel provider, and Cover Genius, a global embedded protection specialist, have expanded their strategic partnership with the launch of a new travel protection product.

Cover Genius powers new cancellation protection for Luxury Escapes travellers

Luxury Escapes, a leading Australian exclusive travel provider, and Cover Genius, a global embedded protection specialist, have expanded their strategic partnership with the launch of a new travel protection product.
SiriusPoint, a global specialty insurer and reinsurer, has announced a new strategic collaboration with Irwin Siegel Agency (ISA) to jointly launch a Casualty and Excess programme.

SiriusPoint and Irwin Siegel Agency partner to launch casualty and excess cover for social...

SiriusPoint, a global specialty insurer and reinsurer, has announced a new strategic collaboration with Irwin Siegel Agency (ISA) to jointly launch a Casualty and Excess programme.
Pikl, a specialist InsurTech focused on the vacation rental market, has appointed Steve McGuinness as its new chief operating officer (COO) and James Everett as chief underwriting officer (CUO).

Pikl expands leadership team to scale InsurTech growth

Pikl, a specialist InsurTech focused on the vacation rental market, has appointed Steve McGuinness as its new chief operating officer (COO) and James Everett as chief underwriting officer (CUO).
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.

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Earnix names Matthew Twist as VP of sales for EMEA

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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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