Sector Updates

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.
Sostengo, a Salvadoran InsurTech, has secured $3.8m in its latest funding round as it looks to expand its digital insurance solutions to underserved markets.

Salvadoran InsurTech Sostengo secures $3.8m in funding round

Sostengo, a Salvadoran InsurTech, has secured $3.8m in its latest funding round as it looks to expand its digital insurance solutions to underserved markets.

News Stories

Alliant Insurance buys Nava in AI benefits push

Alliant Insurance Services, one of the largest insurance brokers and consultants in the US, has agreed to acquire Nava Benefits, the AI-native employee benefits...
RockRose Risk lands $12.5m to reshape wildfire insurance

RockRose Risk lands $12.5m to reshape wildfire insurance

RockRose Risk, the insurance brokerage that rewards property owners for reducing wildfire exposure, has completed a $12.5m Series A round. The financing was jointly led...

bolt launches AI-powered insurance distribution platform

Bolt, a leading InsurTech focused on distribution, has rolled out what it calls the insurance sector's first AI-powered distribution platform to give partners access...
Why producer compliance is splitting across three tech models

Why producer compliance is splitting across three tech models

Producer licensing is increasingly becoming a technology infrastructure decision for carriers and MGAs, with platforms differing significantly in how they connect to existing systems,...
Interconnected risks are breaking insurance's old models

Interconnected risks are breaking insurance’s old models

Insurance models are being tested by a risk environment in which exposures increasingly overlap, evolve quickly and create consequences beyond their original category. Earnix,...
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