Sector Updates

bolt, an InsurTech pioneer with the largest technology-enabled insurance exchange in the country, has joined forces with WorldTrips, a comprehensive travel insurance provider. This collaboration...

Coverdash, a pioneering InsurTech firm focused on startups and small and medium-sized businesses (SMBs), has successfully raised $13.5m in Series A funding.

Digisure, a prominent InsurTech startup recognised for its innovative Protection-as-a-Service platform, has officially ceased operations as of last Friday.

Intenseye, a frontrunner in AI-driven workplace safety solutions, has successfully raised $64 million in a Series B funding round. 

K2 Insurance Services, a prominent independent specialty insurance program manager, has announced a senior leadership reshuffle in a bid to continue the firm’s growth.

Blu Clarity, an MGA specialising in value-based risk management solutions, and Irys Insurtech, a technology platform, have joined forces in a strategic partnership.

Digital innovation is reshaping the risk landscape for insurers, revolutionising the way they assess, manage, and mitigate risks. Through the advent of advanced data analytics, artificial intelligence, and automation technologies, insurers are gaining unprecedented insights into risk factors, enabling them to make more informed decisions and respond swiftly to emerging threats.

Yurtle, a London-based InsurTech aiming to address caregiver burnout in workplaces, has successfully closed a Seed funding round of £1.37m.

PracticeProtection, a Risk Retention Group, has successfully registered in New Mexico and Oregon.

Akur8 and Georgia Farm Bureau Mutual Insurance Company have embarked on a strategic partnership, marking a significant leap forward in the insurance pricing sector.