Sector Updates

Scription pivots from hourly repairs to insured subscriptions with fresh $2.5m funding

Scription pivots from hourly repairs to insured subscriptions with fresh $2.5m funding

Scription, an "Alberta-based InsurTech company", has successfully wrapped up its recent funding round, pulling in a substantial $2.5m.
Novidea

How Novidea is pushing forward digital transformation in insurance

Founded in 2009, Novidea’s born-in-the-cloud end-to-end platform provides real-time business intelligence and seamless workflow management for brokers, agents and MGAs to manage the customer...
Blink Parametric and BCAA collaborate for revolutionary parametric travel insurance

Blink Parametric and BCAA collaborate for revolutionary parametric travel insurance

Blink Parametric, a front-runner in the world of real-time assistance solutions, has inked a partnership with the British Columbia Automobile Association (BCAA), renowned as BC's premier choice for travel insurance and among Canada's most respected brands.
French InsurTech Orus has successfully raised €11m in a Series A funding round, as it looks to provide modular insurance solutions tailored for SMBs across the European market.

Parisian InsurTech Orus lands €11m in latest funding round

French InsurTech Orus has successfully raised €11m in a Series A funding round, as it looks to provide modular insurance solutions tailored for SMBs across the European market.
CRIF introduces Pet Check: A real-time pet insurance validation tool for the UK

CRIF introduces Pet Check: A real-time pet insurance validation tool for the UK

CRIF, a major player in Europe's financial services sector known for its risk management solutions, has ventured into the UK's insurance market with a real-time pet insurance service.
Indian InsurTech Onsurity nets $24m in Series B

Indian InsurTech Onsurity nets $24m in Series B

India-based Onsurity, an SME-focused, subscription-led employee healthcare benefits provider, has successfully raised $24m in a Series B funding round.
Customer-driven excellence is at the heart of Scanbot SDK's approach, as Malte Geuthner, the company's Head of Customer Success, explained in the company's latest blog post. But what are these key tenets, strategies, and values that underpin Scanbot SDK's customer-centric mindset and how does customer feedback drive continuous improvements in their scanning solutions.

Customer-centric excellence: Scanbot SDK’s strategy for success

Customer-driven excellence is at the heart of Scanbot SDK's approach, as Malte Geuthner, the company's Head of Customer Success, explained in the company's latest blog post. But what are these key tenets, strategies, and values that underpin Scanbot SDK's customer-centric mindset and how does customer feedback drive continuous improvements in their scanning solutions.
Aon has announced its acquisition of Global Insurance Brokers, a leading provider of risk management, insurance, and reinsurance broking services in the Indian subcontinent.

Aon acquires Global Insurance Brokers to expand Indian market presence

Aon has announced its acquisition of Global Insurance Brokers, a leading provider of risk management, insurance, and reinsurance broking services in the Indian subcontinent.
Gild Insurance Agency, a pioneering independent insurance agency, and Bambee, the leading HR platform for small businesses, have announced a strategic partnership aiming to support America's smallest businesses.

Gild Insurance and Bambee unite to provide SME support

Gild Insurance Agency, a pioneering independent insurance agency, and Bambee, the leading HR platform for small businesses, have announced a strategic partnership aiming to support America's smallest businesses.
Radian has bagged $353m in fully collateralised excess of loss reinsurance coverage through a transaction with Eagle Re 2023-1 Ltd.

Radian closes $353m mortgage insurance-linked notes transaction

Radian has bagged $353m in fully collateralised excess of loss reinsurance coverage through a transaction with Eagle Re 2023-1 Ltd.

News Stories

Across EMEA, insurers are investing heavily in insurance pricing and AI. Companies are looking to implement faster decisions, more precise pricing, and the ability to compete in a market defined by volatility and regulation. On the surface, progress looks real. New models are built. Data science teams expand. AI pilots are launched. Platforms are upgraded. Yet when it comes to production, very little changes.

Why insurers are falling behind on pricing platform transformation

Across EMEA, insurers are investing heavily in insurance pricing and AI. Companies are looking to implement faster decisions, more precise pricing, and the ability...
Clearcover, a digital-first InsurTech specialising in car insurance, has launched a new auto insurance product in Florida alongside its “26 for ’26” agent incentive programme, aiming to deliver flexible, transparent cover while boosting agent engagement.

Clearcover enters Florida with fee-free car insurance

Clearcover, a digital-first InsurTech specialising in car insurance, has launched a new auto insurance product in Florida alongside its “26 for ’26” agent incentive...
Origami Risk, a provider of cloud-native risk, safety and insurance software, has been selected by Gramercy Risk Management, an insurer targeting underserved markets, to deploy its P&C SaaS platform and support business expansion.

Origami Risk powers Gramercy growth with SaaS solution

Origami Risk, a provider of cloud-native risk, safety and insurance software, has been selected by Gramercy Risk Management, an insurer targeting underserved markets, to...
Roamly, an InsurTech focused on mobility insurance solutions, has launched a usage-based commercial insurance product for autonomous fleets that prices cover in real-time, and reduces costs when vehicles operate in autopilot mode, in partnership with Tesla.

Roamly unveils real-time insurance for Tesla fleets

Roamly, an InsurTech focused on mobility insurance solutions, has launched a usage-based commercial insurance product for autonomous fleets that prices cover in real-time, and...
Root, a technology-driven car insurance provider, has launched a 24-hour agent appointment programme, enabling independent insurance agents to complete onboarding and begin selling policies within a single day.

Root speeds up agent onboarding with 24-hour programme

Root, a technology-driven car insurance provider, has launched a 24-hour agent appointment programme, enabling independent insurance agents to complete onboarding and begin selling policies...
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