Sector Updates

AutoRek, a financial operations automation platform, has revealed that 82% of insurers believe AI will dominate the industry's future, yet just 14% have fully integrated it into their financial operations, exposing a stark divide between ambition and real-world adoption across the sector.

Insurance sector’s AI ambition outpaces action, report finds

AutoRek, a financial operations automation platform, has revealed that 82% of insurers believe AI will dominate the industry's future, yet just 14% have fully...
In the first half of 2025, natural disasters caused around $131bn in potential insurance losses globally. Only about $80bn of that was insured. What remains is an uninsured black hole larger than the GDP of Bahrain.

How extreme weather is widening insurance protection gaps

In the first half of 2025, natural disasters caused around $131bn in potential insurance losses globally. Only about $80bn of that was insured. What...
Akur8, a global actuarial AI platform, has acquired Slope Software, a cloud-native actuarial modelling provider for life insurers and pension firms, expanding its capabilities into the life and annuity market.

Akur8 acquires Slope Software to expand into life insurance

Akur8, a global actuarial AI platform, has acquired Slope Software, a cloud-native actuarial modelling provider for life insurers and pension firms, expanding its capabilities...
Novidea, a global cloud-native insurance platform provider, has released a platform update designed to reduce manual rework, improve data integrity, and accelerate high-volume processing across policy, claims, bordereaux, and accounting workflows.

Novidea enhances platform for complex insurance operations

Novidea, a global cloud-native insurance platform provider, has released a platform update designed to reduce manual rework, improve data integrity, and accelerate high-volume processing...
Global InsurTech Deal Activity 2025

US cemented its place as the main global InsurTech hub with 53% of all...

Key global InsurTech investment stats in 2025: Global InsurTech deal activity dropped by 5% YoY in 2025 US companies secured 53% of all deals...
Skipton Building Society has partnered with LifeSearch, a leading protection specialist, in a strategic move from a single-tie arrangement to a broker model, broadening members’ access to life, critical illness, and income protection products.

Skipton partners with LifeSearch to expand protection advice

Skipton Building Society has partnered with LifeSearch, a leading protection specialist, in a strategic move from a single-tie arrangement to a broker model, broadening...
Ortec Finance has announced the launch of GLASS PRISM, a Strategic Asset Allocation (SAA) optimisation tool powered by its Scenario-Based Machine Learning (SBML) methodology, designed to help insurers and other institutional investors better align investment strategy with balance sheet objectives.

Ortec Finance launches GLASS PRISM to optimise insurer asset allocation

Ortec Finance has announced the launch of GLASS PRISM, a Strategic Asset Allocation (SAA) optimisation tool powered by its Scenario-Based Machine Learning (SBML) methodology,...
Austin-based insurance firm Steadily has launched a ChatGPT app that delivers instant insurance premium estimates directly within the AI platform.

Steadily launches ChatGPT app for instant landlord quotes

Austin-based insurance firm Steadily has launched a ChatGPT app that delivers instant insurance premium estimates directly within the AI platform. The new app allows property...
Willis teams with Qover for embedded insurance solutions

Willis teams with Qover for embedded insurance solutions

Willis, a WTW business, has partnered with Qover, a European embedded insurance orchestration platform, to expand its GB Affinity technology ecosystem and deliver faster,...
For years, artificial intelligence has quietly tiptoed in the background of insurance claims, surfacing information, flagging risks and helping humans make decisions, but rarely taking action itself. That is beginning to change. Those stealthy steps are now becoming bashful plods, as AI's impact on the decision-making process surges.

Insurance claims rewired: The rise of agentic AI

For years, artificial intelligence has quietly tiptoed in the background of insurance claims, surfacing information, flagging risks and helping humans make decisions, but rarely...

News Stories

Retailers have spent the last few years racing to embed wellness into their loyalty apps. The logic is sound, with consumers more health-conscious than ever, and digital touchpoints offering a direct route to influence behaviour. Yet despite heavy investment, most of these features are underused, quickly forgotten, or never meaningfully adopted.

Why retail loyalty apps fail to engage – and how dacadoo is changing the...

Retailers have spent the last few years racing to embed wellness into their loyalty apps. The logic is sound, with consumers more health-conscious than...
Chubb, a multinational insurer operating across property, casualty and life segments, has partnered with Insify, a financial security platform for freelancers and SMEs, to launch a fully digital disability insurance product for self-employed professionals in the Netherlands.

Insify and Chubb unveil digital disability insurance

Chubb, a multinational insurer operating across property, casualty and life segments, has partnered with Insify, a financial security platform for freelancers and SMEs, to...
mea Platform, an AI-driven (re)insurance technology provider, has been selected by BMS Group, an independent (re)insurance broker with a strong international presence, to deploy its Broking Operations products and enhance placement efficiency through digital transformation.

mea Platform powers BMS AI-driven broking workflows

mea Platform, an AI-driven (re)insurance technology provider, has been selected by BMS Group, an independent (re)insurance broker with a strong international presence, to deploy...
BYD, a global leader in new energy vehicles, has partnered with bolttech, an InsurTech specialising in embedded insurance, to deliver integrated motor insurance solutions for electric vehicle customers across Europe, starting with the UK and expanding into Italy, France, Germany and Spain.

BYD selects bolttech for embedded EV insurance rollout

BYD, a global leader in new energy vehicles, has partnered with bolttech, an InsurTech specialising in embedded insurance, to deliver integrated motor insurance solutions...
ViteSicure, an InsurTech specialising in life and personal protection, has raised €2.5m in the first tranche of its Series A funding round, with backing from new investors including Ad4Ventures and Net Insurance, to accelerate its growth strategy and scale operations.

ViteSicure advances growth with €2.5m raise

ViteSicure, an InsurTech specialising in life and personal protection, has raised €2.5m in the first tranche of its Series A funding round, with backing...
224931

60,000+ InsurTech leaders get exclusive insights delivered every week