Sector Updates

One Inc secures strategic investment from Nordic Capital to spearhead digital innovation in InsurTech

One Inc secures strategic investment from Nordic Capital to spearhead digital innovation in InsurTech

One Inc, a pioneering digital payments platform dedicated to revolutionising the North American insurance industry, has recently announced a significant new investment from Nordic Capital.
Kin Insurance, a pioneering digital, direct-to-consumer home insurance company, has expanded its offering into Texas. 

Kin Insurance launches into Texas amid Gulf Coast crisis

Kin Insurance, a pioneering digital, direct-to-consumer home insurance company, has expanded its offering into Texas. 
International InsurTech bolttech has solidified its presence in the Japanese market following the announcement of its partnership with leading refurbished device marketplace, Back Market.

bolttech solidifies Japanese market presence with Back Market partnership

International InsurTech bolttech has solidified its presence in the Japanese market following the announcement of its partnership with leading refurbished device marketplace, Back Market.
Eye Security, a Netherlands-based cybersecurity firm, has successfully closed a €36m Series B funding round.

Eye Security bags €36m in Series B funding to bolster cybersecurity in Europe

Eye Security, a Netherlands-based cybersecurity firm, has successfully closed a €36m Series B funding round.
Quantee, the next-gen pricing platform, has announced a partnership with Sapiens International Corporation that is designed to provide insurers with end-to-end pricing capabilities.

Quantee partners with Sapiens to provide insurers with end-to-end pricing capabilities

Quantee, the next-gen pricing platform, has announced a partnership with Sapiens International Corporation that is designed to provide insurers with end-to-end pricing capabilities.
Generative AI (GenAI) is fundamentally reshaping the insurance landscape, sparking innovation and driving customer-centric solutions. As the industry adapts to rapid technological advancements, the solution has emerged as a catalyst for change, revolutionising various aspects of the sector

Four key ways GenAI is reinventing insurance

Generative AI (GenAI) is fundamentally reshaping the insurance landscape, sparking innovation and driving customer-centric solutions. As the industry adapts to rapid technological advancements, the solution has emerged as a catalyst for change, revolutionising various aspects of the sector
mTek, a Kenyan-based InsurTech firm, has secured an investment of $1.25m (KSh 167.8m) to advance its expansion plans within the Kenyan and East African insurance markets.

African Risk Capacity (ARC) announces pair of new additions to its board

African Risk Capacity (ARC), a renowned insurance firm, has announced a pair of additions to its board.
Amidst the growing call to enhance the customer experience, many believe the time is now to incorporate artificial intelligence (AI) across the entire customer lifecycle. However, while this technological advancement holds immense promise, concerns have emerged regarding the potential detachment from human interaction, which some consumers may find disconcerting. Several industry experts weighed in on the debate as part of the Professional InsurTech Certificate course.

Is human interaction a vital component of your claims process?

Amidst the growing call to enhance the customer experience, many believe the time is now to incorporate artificial intelligence (AI) across the entire customer lifecycle. However, while this technological advancement holds immense promise, concerns have emerged regarding the potential detachment from human interaction, which some consumers may find disconcerting. Several industry experts weighed in on the debate as part of the Professional InsurTech Certificate course.
Munich Re HealthTech, a leading software technology provider in the health insurance industry, has announced the promotion of Bilal Ramadan to Chief Executive Officer.

Munich Re HealthTech promotes Bilal Ramadan to CEO

Munich Re HealthTech, a leading software technology provider in the health insurance industry, has announced the promotion of Bilal Ramadan to Chief Executive Officer.
Nuvo, a B2B trade credit tech platform, has announced a strategic integration with Allianz Trade in North America, the global leader in trade credit insurance.

Nuvo enhances trade credit platform with insurance policy management for Allianz Trade customers

Nuvo, a B2B trade credit tech platform, has announced a strategic integration with Allianz Trade in North America, the global leader in trade credit insurance.

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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