Sector Updates

Omni-channel InsurTech leader Qoala raises $47m to fuel Southeast Asian insurance innovation

Omni-channel InsurTech leader Qoala raises $47m to fuel Southeast Asian insurance innovation

Omnichannel InsurTech firm, Qoala, has successfully completed its Series C funding round, amassing $47m. This significant financial milestone was led by PayPal Ventures alongside MassMutual...
A new initiative, known as the Travel Insurance Eco Challenge, has been launched aiming to foster sustainable travel practices within the global travel insurance industry.

Global travel insurance industry steps up its commitment to sustainability

A new initiative, known as the Travel Insurance Eco Challenge, has been launched aiming to foster sustainable travel practices within the global travel insurance industry.
HSB, a Munich Re subsidiary, has unveiled Cyber for Auto, a new coverage tailored to protect against cyber threats targeting personal cars and trucks.

HSB launches Cyber for Auto to cover against cyber threats targeting personal cars and...

HSB, a Munich Re subsidiary, has unveiled Cyber for Auto, a new coverage tailored to protect against cyber threats targeting personal cars and trucks.
Hannover Re, a global reinsurer, is consolidating its cyber and digital businesses to establish a new specialty reinsurance unit.

Hannover Re combines cyber and digital underwriting expertise in new specialty reinsurance business unit

Hannover Re, a global reinsurer, is consolidating its cyber and digital businesses to establish a new specialty reinsurance unit.
Yotta Automated Software Solutions Inc. (YASSI), a leading provider of real-time vehicle lienholder, registration, and title data solutions, has joined Guidewire‘s InsurTech Vanguards program.

YASSI joins Guidewire’s InsurTech Vanguards program

Yotta Automated Software Solutions Inc. (YASSI), a leading provider of real-time vehicle lienholder, registration, and title data solutions, has joined Guidewire‘s InsurTech Vanguards program.
EIS, a leading provider of Software as a Service (SaaS) platforms for the insurance industry, is set to introduce ClaimSmart™, an intelligent cloud solution designed to revolutionise claims management.

EIS launches ClaimSmart™ to drive down the cost of claims

EIS, a leading provider of Software as a Service (SaaS) platforms for the insurance industry, is set to introduce ClaimSmart™, an intelligent cloud solution designed to revolutionise claims management.
Qover, a prominent InsurTech, has collaborated with UK-based credit card FinTech Yonder in a bid to provide seamless and comprehensive travel insurance coverage to Yonder’s members. 

InsurTech Qover partners with UK FinTech Yonder

Qover, a prominent InsurTech, has collaborated with UK-based credit card FinTech Yonder in a bid to provide seamless and comprehensive travel insurance coverage to Yonder’s members. 
Akur8 and PZU deepen ties: Shaping the future of insurance pricing in the Baltics

Akur8 and PZU deepen ties: Shaping the future of insurance pricing in the Baltics

Akur8, a pioneer in insurance pricing solutions using Transparent AI, is delighted to announce the enhancement of its partnership with the Baltic branches of...
Chaucer, a leading insurance underwriting group, has introduced parametric cover to address weather-driven business interruption losses.

Chaucer introduces parametric cover for weather-driven business interruption losses

Chaucer, a leading insurance underwriting group, has introduced parametric cover to address weather-driven business interruption losses.
Apollo Underwriting has introduced its new Builders’ Risk Consortium, in collaboration with Munich Re Syndicate Limited and Tokio Marine HCC.

Apollo Underwriting partners with insurance industry giants to form new Builders’ Risk Consortium

Apollo Underwriting has introduced its new Builders’ Risk Consortium, in collaboration with Munich Re Syndicate Limited and Tokio Marine HCC.
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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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