Sector Updates

Norwegian flood risk startup, 7Analytics has announced a successful funding round of €4m from Scale Capital, a prominent investment firm.

Mason Owen has launched the UK’s first-ever legal indemnity insurance platform, known as Instant Title Solutions (ITS).

Wefox, an InsurTech unicorn, has issued a stark warning to its investors regarding potential insolvency looming over the company.

In healthcare, precision and efficacy reign supreme. Despite significant technological advancements, challenges such as medication errors, patient safety concerns, and operational inefficiencies persist, posing risks to both individual outcomes and healthcare systems as a whole. Addressing these challenges effectively necessitates innovative solutions, as Scanbot SDK explains.

Watershed Health, a company dedicated to transforming patient care coordination in the healthcare sector, has successfully closed a funding round, raising $13.6m.

Open Road Insurance has announced its formation as a managing general agency (MGA) focusing on collector vehicle auto insurance.

Erste Bank Hungary has launched Flight Delay Insurance, a new service available to its customers in the George app. This innovative insurance solution offers Erste...

Assurant has announced the launch of a new solution designed to address the growing need for specialised tech support solutions tailored for residents in multifamily housing complexes.

InsurTech leader Kalepa is set to leverage its award-winning Copilot underwriting platform to enhance risk analysis, critical submission management capabilities, and document ingestion for Munich Re Specialty – North America.

CLARA Analytics, a prominent provider of artificial intelligence (AI) technology for insurance claims optimisation, has announced two significant appointments.