Sector Updates

Authentic, a turnkey insurance platform that specialises in captive insurance, announced the close of a $5.5M seed round.

Founded in 2005, Ascent has a key mission: help insurers and reinsurers become more profitable by accelerating their ability to transact. We recently spoke to CCO George Earp and Principal Architect Konrad Pfeffer to find out more.

Leading cyber underwriter Corvus Insurance has revealed that it is expanding its existing relationship with Travelers, in a bid to bolster its existing suite of products.

Vivante Health, dubbed as the frontrunner in the world of digital digestive health, has successfully wrapped up a significant $31m Series B funding round.

Kayna, the embedded insurance infrastructure platform, has successfully secured a €1 million pre-seed funding round. 

The Lloyd’s Market Association (LMA) has announced the launch of its Environmental, Social and Governance (ESG) Academy, designed to educate professionals within the global re/insurance sector.

Independence Pet Group (IPG) announced plans to acquire Felix, advertised as the only pet insurance brand just for cats in the US.

Specialist (re)insurance broker Miller has announced a significant expansion of its offering through the establishment of a new treaty reinsurance team in APAC.

As InsurTech continues to become vital for the success of insurance companies, specialist research firm FinTech Global has released the sixth annual edition of its InsurTech100 list.  

Mounting competition and soaring customer expectations are turning the ability to deliver personalised messages, offers, and experiences at scale into more than just an unprecedented opportunity for P&C insurers. It could soon become a strategic imperative for any carrier seeking to gain a significant share over rivals.