Coalition secures $30m investment from MS&AD to expand Active Insurance offering
Coalition, a cybersecurity-focused InsurTech firm specialising in Active Insurance, has secured a $30m equity investment from Mitsui Sumitomo Insurance, a key subsidiary of MS&AD Insurance Group, Japan’s largest non-life insurer and a major player across the Asia-Pacific region.
AI-driven InsurTech CompScience raises $27.6m to enhance workplace safety
CompScience, an AI-driven InsurTech focused on workplace safety, has secured $27.6m in a Series B funding round led by Sands Capital.
Outdoorsy Group’s Roamly expands into Canada with Canadian Access acquisition
The Outdoorsy Group has announced the expansion of its InsurTech platform Roamly into Canada, marking a key step in its international growth strategy.
Sapiens launches UnderwritingPro v14 with AI-powered automation for life insurers
Sapiens International Corporation has introduced the latest version of its automated underwriting and new business case management platform, designed specifically for life and annuities insurers.
Napo raises €14.4m to revolutionise pet insurance with AI and automation
London-based InsurTech company, Napo, which specialises in pet insurance solutions, has successfully closed a €14.4m Series B funding round.
AI-driven InsurTech Adaptive Insurance secures $5m to launch climate resilience platform
Adaptive Insurance, a Texas-based climate resilience company, has secured $5m in a seed funding round to accelerate the rollout of its AI-driven parametric insurance solutions aimed at protecting businesses from climate-related disruptions.
Smart Eye and Greater Than unveil impact of ADDW alerts on driver risk
Swedish technology firms Smart Eye and Greater Than have released initial findings from their collaborative research into the impact of Advanced Driver Distraction Warning (ADDW) alerts on driver risk.
MAWDY and Vittoria Assicurazioni expand partnership to enhance service offerings in Italy
MAWDY, the assistance subsidiary of the MAPFRE Group, and Vittoria Assicurazioni, Italy’s eighth-largest non-life insurance company by premium volume, have reinforced their partnership with a new service provision alliance.
Cytora and Confianza join forces to transform commercial insurance underwriting
Cytora, a leading digital risk processing platform, and Confianza, an advanced InsurTech focused on improving risk selection and loss ratios, have announced a strategic partnership.
Zurich North America expands US Middle Market business with 100 new underwriting roles
Zurich North America, a leading provider of insurance solutions, is expanding its US Middle Market business by adding more than 100 underwriting roles to serve additional geographies.
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