Sector Updates

Pula, a Kenyan-based InsurTech firm, has successfully concluded a Series B funding round, securing $20m.

Kenyan InsurTech Pula secures $20m in Series B

Pula, a Kenyan-based InsurTech firm, has successfully concluded a Series B funding round, securing $20m.
FloodFlash, a pioneering InsurTech firm, is launching a product to support business interruption (BI) coverage in the United States, ahead of the 2024 Atlantic hurricane season.

FloodFlash launches new business interruption coverage ahead of hurricane season

FloodFlash, a pioneering InsurTech firm, is launching a product to support business interruption (BI) coverage in the United States, ahead of the 2024 Atlantic hurricane season.
ClaimBuddy secures $5m in Series A to revolutionise health insurance claims

ClaimBuddy secures $5m in Series A to revolutionise health insurance claims

ClaimBuddy, a health insurance claim assistance platform, has successfully concluded its Series A funding round, raising $5m.
Nationwide, a leading insurance provider, and EnforcerOne, a specialist in firefighting solutions, have partnered to strengthen fire defence strategies for Nationwide’s agriculture clientele.

Nationwide and EnforcerOne join forces to protect agriculture from fire hazards

Nationwide, a leading insurance provider, and EnforcerOne, a specialist in firefighting solutions, have partnered to strengthen fire defence strategies for Nationwide’s agriculture clientele.
McKinsey and Google Cloud have partnered to unlock the capabilities of generative artificial intelligence (GenAI), with an estimated $4tn in potential business value.

McKinsey and Google Cloud collaborate to drive $4tn business value with GenAI

McKinsey and Google Cloud have partnered to unlock the capabilities of generative artificial intelligence (GenAI), with an estimated $4tn in potential business value.
MetLife Pet Insurance, a leading provider of pet insurance services, has announced its collaboration with the Association of Animal Welfare Advancement (AAWA).

MetLife Pet Insurance partners with AAWA to enhance pet care accessibility

MetLife Pet Insurance, a leading provider of pet insurance services, has announced its collaboration with the Association of Animal Welfare Advancement (AAWA).
For legal enterprises, transitioning from traditional paper-based document management to digital workflows is essential to remain competitive.

Ensuring efficiency and security in legal document management

For legal enterprises, transitioning from traditional paper-based document management to digital workflows is essential to remain competitive.
Oyster, an embedded insurance platform for commerce, has announced its partnership with Electric Bike Company, a renowned player in the micro-mobility industry.

Electric Bike Company teams up with Oyster for enhanced rider insurance experience

Oyster, an embedded insurance platform for commerce, has announced its partnership with Electric Bike Company, a renowned player in the micro-mobility industry.
AXIS Capital Holdings Limited has revealed plans to enhance its suite of specialty insurance solutions in North America with the introduction of a Canadian Environmental Impairment Liability (EIL) insurance unit.

AXIS Canada appoints Ludwig Nagata to lead expansion

AXIS Capital Holdings Limited has revealed plans to enhance its suite of specialty insurance solutions in North America with the introduction of a Canadian Environmental Impairment Liability (EIL) insurance unit.
PURE Specialty Exchange widens High Value Homeowners coverage across Western States

PURE Specialty Exchange widens High Value Homeowners coverage across Western States

PURE Specialty Exchange (PSE), the specialty surplus lines insurance carrier committed to serving PURE members and high net worth families, has announced the expansion of its High Value Homeowners insurance to include six additional states: Arizona, Colorado, Hawaii, Montana, Utah, and Wyoming.
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Latest Analysis

News Stories

Leak detection technology has long been a staple across commercial buildings, data centres and critical infrastructure, helping organisations identify water ingress before it causes costly disruption. Traditional systems, particularly those using leak detection cables, have offered a relatively simple monitoring solution. However, these systems typically rely on fixed alert thresholds, which often fail to reflect the variability of real-world environments. As a result, while detection capabilities exist, their reliability has frequently been called into question.

Why traditional leak detection systems falter in real environments

Leak detection technology has long been a staple across commercial buildings, data centres and critical infrastructure, helping organisations identify water ingress before it causes...
The first wave of the InsurTech revolution has delivered significant innovation, but it has also left critical structural gaps unresolved. Over the past decade, the sector has made notable progress in areas such as digital distribution, API connectivity, embedded insurance, and the modernisation of agency management systems. However, beneath these advancements lies a growing concern, according to Producerflow.

InsurTech’s data gap threatens AI ambitions

The first wave of the InsurTech revolution has delivered significant innovation, but it has also left critical structural gaps unresolved. Over the past decade,...
Liberty Mutual has partnered with life insurance technology company Ethos to expand its direct-to-consumer life insurance offering in the US.

Ethos and Liberty Mutual team up to deliver fully digital life insurance

Liberty Mutual has partnered with life insurance technology company Ethos to expand its direct-to-consumer life insurance offering in the US. The collaboration will see Liberty...
Volkswagen Financial Services UK, the financial arm of the group, has appointed InsurTech firm Wrisk Transfer Limited as its preferred insurance provider for Volkswagen Commercial Vehicles.

VWFS UK selects Wrisk as preferred insurance partner for commercial vehicles

Volkswagen Financial Services UK, the financial arm of the group, has appointed InsurTech firm Wrisk Transfer Limited as its preferred insurance provider for Volkswagen...
Transamerica, a life insurer, has partnered with global reinsurer Swiss Re to modernise its claims experience.

Transamerica and Swiss Re collaborate on digital claims transformation

Transamerica, a life insurer, has partnered with global reinsurer Swiss Re to modernise its claims experience. The initiative will see Transamerica adopt Swiss Re’s PromiseXP...
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