Sector Updates

InsurTech funding reaches $420m in January as US firms secure mega deals

Global investment in InsurTech firms surpassed $420m in January, as investors continued to back artificial intelligence-driven platforms. Funding was led by two US-based insurers that...
Digital engagement has emerged as one of the most pressing challenges facing modern healthcare systems. Providers, policymakers and patients broadly agree on its promise, from improved treatment adherence and better outcomes to stronger trust and more resilient healthcare models. However, despite years of sustained investment in digital health solutions, meaningful patient engagement continues to lag behind expectations.

What’s holding back digital patient engagement in modern healthcare?

Digital engagement has emerged as one of the most pressing challenges facing modern healthcare systems. Providers, policymakers and patients broadly agree on its promise,...
GenStar, a provider of excess and surplus specialty property and casualty insurance, has partnered with ZestyAI, an InsurTech specialising in artificial intelligence-driven property risk analytics, to strengthen how hail, wind and severe convective storm risk is underwritten across GenStar’s commercial property portfolio.

GenStar and ZestyAI team up on AI-driven hail risk insights

GenStar, a provider of excess and surplus specialty property and casualty insurance, has partnered with ZestyAI, an InsurTech specialising in artificial intelligence-driven property risk...
Sixfold, an AI underwriting InsurTech company focused on modernising insurance decision-making, has secured fresh capital as it looks to deepen its footprint with insurers around the world.

AI underwriting InsurTech Sixfold raises $30m Series B round

Sixfold, an AI underwriting InsurTech company focused on modernising insurance decision-making, has secured fresh capital as it looks to deepen its footprint with insurers...
London-based Plum FinTech, a consumer money management and savings app, has partnered with Qover, an embedded insurance and InsurTech provider, to introduce worldwide travel protection for its users as part of a broader push to become a more holistic financial platform.

Plum FinTech and Qover expand embedded travel insurance offering

London-based Plum FinTech, a consumer money management and savings app, has partnered with Qover, an embedded insurance and InsurTech provider, to introduce worldwide travel...
Aon, a global professional services firm, and DataRobot, an enterprise AI platform provider focused on operationalising artificial intelligence at scale, have announced a collaboration centred on applying agentic AI to selected insurance onboarding and servicing workflows.

Aon and DataRobot partner to deploy agentic AI in insurance workflows

Aon, a global professional services firm, and DataRobot, an enterprise AI platform provider focused on operationalising artificial intelligence at scale, have announced a collaboration...
Recare, a Berlin-based HealthTech company specialising in digital discharge management and AI-driven care coordination, has secured a growth financing round of up to €37m to accelerate product development and expand beyond its home market.

German HealthTech Recare raises €37m for hospital workflow AI

Recare, a Berlin-based HealthTech company specialising in digital discharge management and AI-driven care coordination, has secured a growth financing round of up to €37m...
Canadian personal lines insurer Industrial Alliance Auto and Home (iAAH) has gone live on EIS OneSuite, the SaaS core insurance platform developed by EIS, as part of its long-term core system modernisation programme.

iAAH completes core platform go-live with EIS OneSuite

Canadian personal lines insurer Industrial Alliance Auto and Home (iAAH) has gone live on EIS OneSuite, the SaaS core insurance platform developed by EIS,...
Global insurance and reinsurance broker WTW has completed its acquisition of San Francisco-based Newfront, a deal valued at $1.3bn, including upfront and contingent consideration.

WTW closes $1.3bn Newfront deal to expand US market presence

Global insurance and reinsurance broker WTW has completed its acquisition of San Francisco-based Newfront, a deal valued at $1.3bn, including upfront and contingent consideration. The...
Allianz Commercial has opened a new Latin America Hub in Miami, establishing a regional base to serve clients and brokers across Latin America.

Allianz Commercial opens Miami hub to expand LatAm operations

Allianz Commercial has opened a new Latin America Hub in Miami, establishing a regional base to serve clients and brokers across Latin America. The hub...
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News Stories

Canadian auto lenders are facing mounting pressure as funding costs fluctuate, competition intensifies, and borrowers become increasingly sensitive to interest rates. At the same time, dealers expect rapid decisions and competitive offers at the point of sale.

Why Canadian auto lenders are rethinking pricing strategies

Canadian auto lenders are facing mounting pressure as funding costs fluctuate, competition intensifies, and borrowers become increasingly sensitive to interest rates. At the same...
Mortgage lenders face growing pressure to deliver faster and more personalised customer experiences. Rising borrower expectations, broker-led distribution models, and the need to modernise legacy systems are forcing lenders to rethink how lending journeys are designed.

Why personalisation is becoming essential in mortgage lending

Mortgage lenders face growing pressure to deliver faster and more personalised customer experiences. Rising borrower expectations, broker-led distribution models, and the need to modernise...
InsurTech Eleos Life has secured $3m in capital from Mercurius Media Capital (MMC), a US-based media-for-equity venture fund, to accelerate brand awareness and customer acquisition across the United States.

Eleos Life raises $3m from Mercurius Media Capital

InsurTech Eleos Life has secured $3m in capital from Mercurius Media Capital (MMC), a US-based media-for-equity venture fund, to accelerate brand awareness and customer...
DXC Technology has launched a new suite of Assure Smart Apps designed to help insurers accelerate AI-driven transformation and modernise operations without large-scale system overhauls.

DXC introduces AI-driven apps to accelerate insurer transformation

DXC Technology has launched a new suite of Assure Smart Apps designed to help insurers accelerate AI-driven transformation and modernise operations without large-scale system...
European InsurTech Neat has entered a strategic partnership with Visa to enhance the insurance and medical assistance services embedded within Visa cards.

Visa teams with Neat to upgrade cardholder insurance services

European InsurTech Neat has entered a strategic partnership with Visa to enhance the insurance and medical assistance services embedded within Visa cards. The collaboration will...
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