Sector Updates

ICEYE, a pioneer in satellite-powered disaster management solutions, has concluded a significant funding round, raising $93m in growth capital.

ICEYE secures $93m growth funding round led by Solidium Oy

ICEYE, a pioneer in satellite-powered disaster management solutions, has concluded a significant funding round, raising $93m in growth capital.
MassMutual has partnered with Insurify to enable them to provide property and casualty (P&C) insurance, encompassing personal and commercial lines.

MassMutual and Insurify forge strategic partnership to expand insurance offerings

MassMutual has partnered with Insurify to enable them to provide property and casualty (P&C) insurance, encompassing personal and commercial lines.
Kanguro Insurance, an innovative insurance provider recognized for its AI-powered pet health insurance plans, is expanding its offerings into renters insurance, starting with the Texas market.

Kanguro Insurance unveils innovative renters insurance solution for Texas market

Kanguro Insurance, an innovative insurance provider recognized for its AI-powered pet health insurance plans, is expanding its offerings into renters insurance, starting with the Texas market.
Amazon has officially announced the closure of its Amazon Insurance Store initiative, following strong hints from earlier this year. 

Amazon insurance initiative to cease operations after months of speculation

Amazon has officially announced the closure of its Amazon Insurance Store initiative, following strong hints from earlier this year. 
AKKO, a premier provider of modern device insurance solutions, has proudly announced its acquisition of Upsie, an innovative player in the device insurance market.

AKKO announces acquisition of Upsie to cement market position

AKKO, a premier provider of modern device insurance solutions, has proudly announced its acquisition of Upsie, an innovative player in the device insurance market.
Cyber InsurTech Coalition has announced groundbreaking integrations with prominent cloud services providers, Microsoft 365, Google Workspace®, and Amazon Web Services.

Coalition unveils groundbreaking integrations with Microsoft 365, Google Workspace, and AWS

Cyber InsurTech Coalition has announced groundbreaking integrations with prominent cloud services providers, Microsoft 365, Google Workspace®, and Amazon Web Services.
Juno, a public benefit corporation, is set to become the first company to provide Child Disability Insurance in the United States.

Juno introduces first-ever child disability insurance in the U.S.

Juno, a public benefit corporation, is set to become the first company to provide Child Disability Insurance in the United States.
HDI Global, an industrial insurer renowned for its long-term partnerships with large industrial clients globally, is extending its services to the mid-market segment.

HDI Global aims to extend services to mid-market segment

HDI Global, an industrial insurer renowned for its long-term partnerships with large industrial clients globally, is extending its services to the mid-market segment.
Allianz Partners Australia, a leading insurance provider, has unveiled a new online chat feature tailored for customers of its travel insurance partner, HCF.

Allianz Partners introduces instant online chat for HCF travel insurance customers

Allianz Partners Australia, a leading insurance provider, has unveiled a new online chat feature tailored for customers of its travel insurance partner, HCF.
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.

News Stories

Indico Data, HDI Global US strike InsurTech tie-up

Indico Data, HDI Global US strike InsurTech tie-up

Indico Data, the Intake & Orchestration Platform for insurance operations, has agreed a partnership with HDI Global US to modernise how complex corporate and...
Alfred launches Costco-style bills membership

Alfred launches Costco-style bills membership

Alfred, a new AI-native services company that gives UK households access to better prices across energy, mobile, broadband, home insurance, car insurance and breakdown...

Sixfold study: L&H underwriters back AI, adoption lags

Sixfold, the AI underwriting company that partners with major Life and Health carriers worldwide, has published new research revealing that confidence in artificial intelligence...
Road safety shift threatens motor insurers

Road safety shift threatens motor insurers

Angelica Solutions, an insurance analytics and advisory business, has warned that a growing share of serious road casualties among pedestrians and cyclists could open...
ZestyAI's Z-WATER wins approval in 20+ US states

ZestyAI’s Z-WATER wins approval in 20+ US states

ZestyAI, a Risk Decision Platform serving the insurance industry, has had its Z-WATER model for non-weather water risk accepted for use in carrier rate...
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