Sector Updates

Akur8, a cutting-edge provider of insurance pricing and reserving solutions powered by transparent machine learning, has partnered with the American Association of Insurance Services...

Chartered commercial broker Konsileo, which specialises in providing insurance services to mid-market businesses, has successfully raised £8m to support its expansion across the UK.

Zopper, an InsurTech startup specialising in creating tailored insurance solutions, has raised $25m in a Series D funding round.

Five Sigma was founded in 2017 to leverage insurance data with deep tech. Oded Barak, Co-founder and CEO, and his partners in Five Sigma...

World Nomads, an InsurTech specialising in travel insurance, has joined forces with Air Doctor, a global medical network, to provide travellers with improved access to healthcare services.

Coverdash, a fast-growing InsurTech broker that specialises in startups and small-to-medium-sized businesses (SMBs), is set to introduce business insurance offerings directly to LendingTree customers.

The insurance sector is currently faced with a pressing need to enhance accuracy in risk assessment, streamline claims verification, and personalise coverage to meet rising customer demands. With expectations higher than ever, firms are now looking for a panacea. Enter agentic AI—an innovative solution that is being tipped by many to transform the InsurTech sector in 2025.  

Remote, a leading global HR platform and payroll provider, has teamed up with InsurTech firm Kota to enable companies to seamlessly manage their employee health benefits across multiple countries.

Openkoda, a leading provider of open-source enterprise software, has launched a GenAI-powered platform which is set to revolutionise modern insurance applications.

Bolttech, a fast-growing global InsurTech company, has successfully secured a $50m venture debt facility from HSBC.