Sector Updates

Prosus backs Alan’s €480m Series G at €5.5bn valuation

Alan, a prevention insurance platform serving over 1.1 million members, has secured a €480m ($550m) Series G financing round, valuing the business at €5.5bn...

Majesco: Agentic AI shapes the future of insurance

Majesco, an AI-native and cloud-native software provider for the insurance industry, has published its latest thought leadership report examining how insurers are approaching artificial...
Federato brings AI insurance platform to APAC and Japan

Federato brings AI insurance platform to APAC and Japan

Federato, an AI-native InsurTech platform covering the full insurance policy lifecycle, has announced its expansion into the Asia-Pacific and Japan (APJ) region, opening its...
Marshmallow joins Percayso and TransUnion in data deal

Marshmallow joins Percayso and TransUnion in data deal

Marshmallow Insurance, an auto insurance provider focused on people moving to the UK, has signed a multi-year data partnership with Percayso Inform, a behaviour...

Matic secures Primus Capital investment and Policygenius deal

Matic, an embedded insurance platform, has secured a minority investment from private equity firm Primus Capital and completed the acquisition of Policygenius' property and...
LexisNexis launches motor claims data intelligence suite

LexisNexis launches motor claims data intelligence suite

LexisNexis Risk Solutions, a global provider of information-based analytics and decision tools and part of RELX, has unveiled a suite of new data intelligence...

Mitigata raises $15m Series B for AI cyber resilience

Mitigata, India's first AI-native cyber resilience platform, has closed a $15m Series B funding round to accelerate its ambition of building the country's largest...

Weecover: microservices are the key to AI in insurance

Weecover, an InsurTech platform specialising in insurance management and distribution technology, has argued that microservices architecture, not algorithms, is the decisive factor in successfully...

Entsia helps Delta Insurance accelerate Ebix product launch

Delta Insurance, an commercial insurer, has launched its Cyber and Management Liability products on the Ebix Sunrise Exchange platform, with implementation support from Entsia,...

Akur8 lands Portage Mutual in Canada pricing deal

Portage Mutual, one of Canada's leading property and casualty mutual insurers serving the Prairie Provinces, has chosen actuarial AI specialist Akur8 to modernise its...

News Stories

Capricorn Mutual completes Duck Creek platform go-live

Capricorn Mutual completes Duck Creek platform go-live

Aggne, a Wipro company and insurance technology services provider, has confirmed the successful go-live of Capricorn Mutual, the member-owned risk protection organisation, on Duck...
Why rating engines are becoming insurers' decision hub

Why rating engines are becoming insurers’ decision hub

Pricing technology is moving beyond its traditional home in actuarial and underwriting teams. Rating engines are increasingly being used by marketing, innovation and product...
AML

Why underwriting data holds the key to spotting AML risk

Insurance houses across South Africa are pouring money into anti-financial crime tools, yet heavy spending alone is not solving the problem. Effectiveness, particularly at...
Wildfire data model drives new California cover

Wildfire data model drives new California cover

DUAL North America, a specialty programme administrator, Kingstone Companies, a Northeast-focused property insurer, and Windward Risk Managers, a Florida-based risk manager, have each launched...
ManyPets debuts UK's first ChatGPT insurance plugin

ManyPets debuts UK’s first ChatGPT insurance plugin

ManyPets, a UK pet insurance provider offering Lifetime cover and an AI-powered claims service, has become the first UK specialist pet insurance provider to...
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