Sector Updates

Japanese insurer Tokio Marine has invested $5m for a minority stake in Singapore-based InsurTech startup Igloo, according to filings with Singapore’s Accounting and Corporate Regulatory Authority (ACRA).

InsurTech Igloo secures $5m from Tokio Marine

Japanese insurer Tokio Marine has invested $5m for a minority stake in Singapore-based InsurTech startup Igloo, according to filings with Singapore’s Accounting and Corporate...
Skyway Underwriters, an AI-native managing general agent, and ResiQuant, a technology platform specialising in structural risk intelligence, have announced a strategic partnership to transform underwriting of coastal wind risk in Florida’s property insurance market.

ResiQuant teams up with Skyway to enhance coastal wind underwriting

Skyway Underwriters, an AI-native managing general agent, and ResiQuant, a technology platform specialising in structural risk intelligence, have announced a strategic partnership to transform...
Vertafore®, an InsurTech provider, has updated Surefyre™, its low-code agent portal and underwriting workbench for MGAs and wholesalers, in a move that will save hours in the program setup process by automating the conversion of PDF submission forms into web applications.

Vertafore updates Surefyre with AI to save hours in MGA workflows

Vertafore®, an InsurTech provider, has updated Surefyre™, its low-code agent portal and underwriting workbench for MGAs and wholesalers, in a move that will save...
mea Platform, a fast-scaling (re)insurance AI product company, and Moonrock Insurance, a specialist drone insurance managing general agent (MGA), have entered into a partnership aimed at implementing mea Operations as an AI-first operating platform across Moonrock’s business.

mea Platform and Moonrock join forces to modernise MGA operations

mea Platform, a fast-scaling (re)insurance AI product company, and Moonrock Insurance, a specialist drone insurance managing general agent (MGA), have entered into a partnership...
Across the insurance industry, pricing remains one of the last major functions to fully modernise. While data volumes have grown and analytical techniques have advanced, many insurers still rely on spreadsheet-heavy workflows, fragmented models and manual processes that slow decision-making and limit visibility. As competition intensifies and margins tighten, these legacy approaches are increasingly becoming a barrier to growth.

How Akur8 is reshaping insurance pricing at James River

Across the insurance industry, pricing remains one of the last major functions to fully modernise. While data volumes have grown and analytical techniques have...
Defaqto, the UK’s leading provider of financial product ratings, has acquired Pearson Ham Group’s Market Pricing Business for £11m.

Defaqto boosts UK insurance data with £11m acquisition

Defaqto, the UK’s leading provider of financial product ratings, has acquired Pearson Ham Group’s Market Pricing Business for £11m. The move is set to significantly...
Armilla AI, a US-based InsurTech specialising in AI liability coverage, has raised $25m to expand its insurance offerings amid growing demand for protection against generative AI risks.

AI InsurTech Armilla AI secures $25m funding round

Armilla AI, a US-based InsurTech specialising in AI liability coverage, has raised $25m to expand its insurance offerings amid growing demand for protection against...
Helium Ventures, an AI-native holding company that acquires and stewards software businesses, has acquired InsurGrid, a leading InsurTech platform for insurance policy data collection and verification, used by over 2,500 property and casualty insurance agents nationwide.

InsurGrid joins Helium Ventures to transform P&C insurance

Helium Ventures, an AI-native holding company that acquires and stewards software businesses, has acquired InsurGrid, a leading InsurTech platform for insurance policy data collection...
Root Platform, Admiral Pioneer and Octopus Electric Vehicles have joined forces to embed motor insurance directly into the electric vehicle leasing journey.

Octopus EV teams up with Root and Admiral Pioneer on motor cover

Root Platform, Admiral Pioneer and Octopus Electric Vehicles have joined forces to embed motor insurance directly into the electric vehicle leasing journey. The partnership has...
Zinnia, a life insurance and annuity (L&A) technology provider, and Snowflake, the AI Data Cloud company, have announced a new integration designed to transform how insurers access, analyse and activate data.

Zinnia partners with Snowflake to power AI-driven insurance analytics

Zinnia, a life insurance and annuity (L&A) technology provider, and Snowflake, the AI Data Cloud company, have announced a new integration designed to transform...
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Latest Analysis

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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