Sector Updates

K2 Insurance Services, a leading insurance solutions provider, has announced the acquisition of Oculus Underwriters, a specialist in bespoke property insurance solutions for the small to medium-sized commercial market.

K2 Insurance and Oculus partner to strengthen commercial offerings

K2 Insurance Services, a leading insurance solutions provider, has announced the acquisition of Oculus Underwriters, a specialist in bespoke property insurance solutions for the...
Markel, the insurance operations of Markel Group Inc., has appointed Raphael Da Costa to lead its U.S. cyber and technology errors & omissions (E&O) portfolio.

Markel strengthens cyber leadership with Raphael Da Costa

Markel, the insurance operations of Markel Group Inc., has appointed Raphael Da Costa to lead its U.S. cyber and technology errors & omissions (E&O)...
Kin Insurance, a US InsurTech focused on homeowners coverage in catastrophe-exposed regions, has secured $335m in its largest catastrophe bond transaction to date.

Kin Insurance lands $335m bond to bolster US storm protection

Kin Insurance, a US InsurTech focused on homeowners coverage in catastrophe-exposed regions, has secured $335m in its largest catastrophe bond transaction to date. The raise...
Allianz Commercial will transfer its standalone cyber insurance portfolio to Coalition as part of a long-term partnership to consolidate the global cyber insurance market. 

Allianz and Coalition form exclusive cyber insurance alliance

Allianz Commercial will transfer its standalone cyber insurance portfolio to Coalition as part of a long-term partnership to consolidate the global cyber insurance market.  The...
InsurTech firm Corgi has reached unicorn status after raising $160m in Series B funding at a $1.3bn valuation.

Corgi hits unicorn status after $160m Series B

InsurTech firm Corgi has reached unicorn status after raising $160m in Series B funding at a $1.3bn valuation. The round brings Corgi’s total funding to...

Pit secures $16m led by Andreessen Horowitz

Pit, a Swedish AI startup developing custom enterprise software, has emerged from stealth with $16m in seed funding led by Andreessen Horowitz, as it...
Insurance has always depended on timing. Risk is captured at a specific moment, translated into a price, and expected to remain broadly stable until the next review. For much of the industry’s history, that assumption has held. Risk moved, but not so quickly that it escaped the frame of underwriting.

How real-time risk visibility is reshaping the insurance lifecycle

Insurance has always depended on timing. Risk is captured at a specific moment, translated into a price, and expected to remain broadly stable until...
Global FinTech funding Q1 2026

Global InsurTech funding on track to increase by 12% in 2026 as deals over...

Key Global InsurTech investment stats in Q1 2026: Global InsurTech investment had an upswing of 26% YoY At current investment pace, funding is projected...
Financial institutions are not short on data. If anything, they are overwhelmed by it. The real challenge now is turning that data into something usable for pricing, underwriting, and risk decisions, quickly, consistently, and at scale. That is where most organisations are still falling short. With Elevate Data now generally available, Earnix is focusing on a different problem, not how to store more data, but how to make it decision-ready.

Why data readiness is now the real bottleneck in insurance analytics

Financial institutions are not short on data. If anything, they are overwhelmed by it. The real challenge now is turning that data into something...
Laka, a UK-based InsurTech specialising in micromobility cover, has acquired the bike insurance business of VeloLife to expand its distribution network and strengthen its position in the European cycling insurance market.

Laka strengthens dealer network with VeloLife deal

Laka, a UK-based InsurTech specialising in micromobility cover, has acquired the bike insurance business of VeloLife to expand its distribution network and strengthen its...

News Stories

Collective adds insurance to its platform for the self-employed

Collective adds insurance to its platform for the self-employed

Collective, the all-in-one financial platform designed solely for self-employed entrepreneurs, has unveiled its Insurance Center, giving members across all 50 US states a single...
AI InsurTech Corgi's valuation soars to $4bn

AI InsurTech Corgi’s valuation soars to $4bn

Corgi, the AI-driven InsurTech, has closed a fresh funding round valuing the business at $4bn, its third raise in under three months. The latest round,...
Liberty Mutual

Liberty Mutual Re names new global cyber reinsurance chief

Liberty Mutual Reinsurance Group (LM Re), the reinsurance arm of Liberty Mutual Insurance Group, has named Tom Spurgeon as its new global head of...
ZestyAI makes international debut at Lloyd's with MAP

ZestyAI makes international debut at Lloyd’s with MAP

ZestyAI, the Risk Decision Platform serving the insurance sector, has signed MAP Underwriting (Managing Agency Partners), a managing agency at Lloyd's of London, as...
MGAs

Insurance-native AI: the next edge for UK MGAs

The UK's managing general agent (MGA) sector has emerged as one of the standout performers in insurance, frequently beating the wider market across commercial,...
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