Sector Updates

Converge Insurance raises $15m from Forgepoint Capital

Converge Insurance, a leading managing general agent (MGA) specialising in cyber risk management and underwriting, announced its successful raising of $15m in Series A funding.
The importance of external and internal vulnerability scanning in cyber underwriting

The importance of external and internal vulnerability scanning in cyber underwriting

InsurTech company KYND recently released a report exploring whether external or internal vulnerability scanning is more useful to assess a company's cyber posture. 

Blitz Insurance collaborates with Ascend for payment and financing in InsurTech

Blitz Insurance, a specialty insurance carrier, and Ascend, a first-of-its-kind insurance payments platform, have announced a strategic partnership aimed at modernising payment experiences for insurance brokers in specialty markets.
QBE

QBE North America and Converge launch cyber insurance program

QBE North America has launched a new cyber insurance program with Converge, a new MGA that will act as program administrator. 
Pen

Pen Underwriting launches new UK division to drive growth

Pen Underwriting has recently announced changes to its divisional structure as it aims to continue its growth.  
WTW

WTW launches new tool to boost board-level climate skills

WTW has launched its latest tool aimed at promoting alignment between board members and management on climate action. 
Concirrus

Concirrus partners with Insurity to develop data models for marine insurers

Concirrus has announced a new partnership with Insurity that will see it deliver unique predictive data models for marine insurers. 

hyperexponential launches new insurance-focused podcast

As the business environment evolves, the insurance sector grapples with a pertinent issue: talent. Maintaining a competitive edge, staying relevant, and demonstrating resilience are pivotal for survival, and people with the right skills are key to these endeavours.
risk

Harnessing the future of InsurTech: Centralised risk data platforms and data analytics

In the current dynamic InsurTech landscape, the significance of risk data analytics and a centralised risk data platform is undeniable.
Modives

InsurTech disruptor Modives secures $3m in seed round

Modives, an InsurTech start-up, is aiming to improve the arduous process of insurance verification for property managers and auto dealers.

News Stories

Retailers have spent the last few years racing to embed wellness into their loyalty apps. The logic is sound, with consumers more health-conscious than ever, and digital touchpoints offering a direct route to influence behaviour. Yet despite heavy investment, most of these features are underused, quickly forgotten, or never meaningfully adopted.

Why retail loyalty apps fail to engage – and how dacadoo is changing the...

Retailers have spent the last few years racing to embed wellness into their loyalty apps. The logic is sound, with consumers more health-conscious than...
Chubb, a multinational insurer operating across property, casualty and life segments, has partnered with Insify, a financial security platform for freelancers and SMEs, to launch a fully digital disability insurance product for self-employed professionals in the Netherlands.

Insify and Chubb unveil digital disability insurance

Chubb, a multinational insurer operating across property, casualty and life segments, has partnered with Insify, a financial security platform for freelancers and SMEs, to...
mea Platform, an AI-driven (re)insurance technology provider, has been selected by BMS Group, an independent (re)insurance broker with a strong international presence, to deploy its Broking Operations products and enhance placement efficiency through digital transformation.

mea Platform powers BMS AI-driven broking workflows

mea Platform, an AI-driven (re)insurance technology provider, has been selected by BMS Group, an independent (re)insurance broker with a strong international presence, to deploy...
BYD, a global leader in new energy vehicles, has partnered with bolttech, an InsurTech specialising in embedded insurance, to deliver integrated motor insurance solutions for electric vehicle customers across Europe, starting with the UK and expanding into Italy, France, Germany and Spain.

BYD selects bolttech for embedded EV insurance rollout

BYD, a global leader in new energy vehicles, has partnered with bolttech, an InsurTech specialising in embedded insurance, to deliver integrated motor insurance solutions...
ViteSicure, an InsurTech specialising in life and personal protection, has raised €2.5m in the first tranche of its Series A funding round, with backing from new investors including Ad4Ventures and Net Insurance, to accelerate its growth strategy and scale operations.

ViteSicure advances growth with €2.5m raise

ViteSicure, an InsurTech specialising in life and personal protection, has raised €2.5m in the first tranche of its Series A funding round, with backing...
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