Sector Updates

When, a Chicago-based company specialising in AI-powered offboarding solutions, has successfully raised $4.6m in its latest seed funding round. The funding round was led by...

Nexus Group, a leading specialty managing general agent, has launched a new Alternative Risk Transfer (ART) business line.

Chubb, a leading global insurance provider, has launched a new product to cater to high-net-worth individuals in Switzerland.

Carpe Data, a leading provider of predictive data for the insurance industry, has announced a partnership with EverPeak Insurance, a new workers’ compensation solution created by Pinnacol Assurance.

As H2 of 2024 is now fully upon us, the InsurTech sector is set to face new tests and set its sights on new opportunities. With regulatory tests on the horizon, and a notable shift towards digital solutions looking set to take the sector by storm, H2 looks set to be seismic for the space. 

Skyline Insurance, a personal lines-focused insurance agency, has partnered with EZLynx, a provider of an all-in-one agency management system, to modernise its business operations.

EagleView, a leading provider of aerial imagery and data solutions, has announced that insurance industry veteran Courtney Cooke will be joining the company as the new vice president of enterprise growth.

Clearcover, a next-generation insurance company, has partnered with ServiceUp to enhance the car repair experience.

Chronic conditions, including diabetes, hypertension, heart disease, and cancer, represent some of the most common and costly health issues worldwide, particularly when not properly managed. These conditions often require ongoing medical care, frequent hospital visits, and extensive treatments, which leads to soaring healthcare costs. Without the proper support and care, patients often fail to manage their conditions effectively, increasing preventable hospital admissions and emergency room visits. This cycle of poor health outcomes not only impacts patients, but also significantly raises healthcare expenses for insurers.

APOLLO Insurance, a leading Canadian digital insurance broker, has announced the launch of its pet insurance product.