Sector Updates

Guidewire, a trusted platform for Property and Casualty (P&C) insurers, and EvolutionIQ have announced an innovative collaboration, hoping to revolutionise the insurance industry's approach to claims management.

Guidewire partners with EvolutionIQ to transform the insurance industry’s approach to claims management

Guidewire, a trusted platform for Property and Casualty (P&C) insurers, and EvolutionIQ have announced an innovative collaboration, hoping to revolutionise the insurance industry's approach to claims management.
FRISS has joined forces with tech giant Microsoft to enhance the explanations of its AI fraud models using Microsoft Azure OpenAI Service.

FRISS to use Microsoft Azure OpenAI Service for enhanced AI fraud model explanations

FRISS has joined forces with tech giant Microsoft to enhance the explanations of its AI fraud models using Microsoft Azure OpenAI Service.
Neptune Flood, the largest private provider of flood insurance in the United States, has achieved a significant milestone by surpassing $200m in premium revenue.

Neptune Flood secures $200m in premiums and strengthens advisory board

Neptune Flood, the largest private provider of flood insurance in the United States, has achieved a significant milestone by surpassing $200m in premium revenue.
Canopy Connect clinches $6.5m in a funding round led by Nevcaut Ventures

Canopy Connect clinches $6.5m in a funding round led by Nevcaut Ventures

Canopy Connect, a leading platform dedicated to collecting, verifying, and monitoring insurance data, is elated to announce a successful $6.5m Series A funding round.
HDI Global, one of the world's leading industrial insurers, has continued its global expansion by gaining regulatory approval to open a new branch in Lisbon.

HDI Global expands with new Lisbon branch as part of ongoing international growth

HDI Global, one of the world's leading industrial insurers, has continued its global expansion by gaining regulatory approval to open a new branch in Lisbon.
Guidewire and SMA Technologies (SMA) have announced a newly launched accelerator designed to streamline insurers' operations by introducing powerful workload automation solutions.

Guidewire and SMA Technologies launch new marketplace accelerator

Guidewire and SMA Technologies (SMA) have announced a newly launched accelerator designed to streamline insurers' operations by introducing powerful workload automation solutions.
Kota

Kota seals €5m funding to revamp employee benefits platform

Kota, an integrated platform aiming to streamline insurance and retirement benefits for contemporary teams, has secured €5m.
Boost Insurance, a prominent player in the insurance infrastructure sector, has just announced the launch of a new product, designed to enrich its comprehensive insurance-as-a-service stack.

Boost Insurance launches Boost Re and full-stack captive-as-a-service offering

Boost Insurance, a prominent player in the insurance infrastructure sector, has just announced the launch of a new product, designed to enrich its comprehensive insurance-as-a-service stack.
Smart

Smart Communications powers Mountain West’s leap to cloud customer experience

Mountain West Farm Bureau and its subsidiary 360 Insurance Company have joined forces with Smart Communications.
CoverForce revolutionises commercial insurance with one-click buying and $5m seed funding

CoverForce revolutionises commercial insurance with one-click buying and $5m seed funding

Emerging from stealth mode, InsurTech company CoverForce has introduced a dynamic suite of products tailored for agency networks, wholesalers, and software firms. The company's objective is to digitise an offline market, offering swift and accurate insurance comparisons and purchases with a single click.

News Stories

Starpeak secures August Equity investment

Starpeak secures August Equity investment

August Equity, a UK-based private equity investor focused on lower-mid-market businesses, has agreed to invest in Starpeak, a specialist insurance distributor serving niche personal...

AEGIS London and Augentic unveil digital consortium

AEGIS London, a top-quartile Lloyd's syndicate, and Augentic, a tech-enabled MGA, have joined forces to launch a new cross-class digital follow consortium within the...
Why insurance’s distribution data goldmine matters now

Why insurance’s distribution data goldmine matters now

Insurance distribution has traditionally been treated as an operational challenge. Carriers, MGAs and agencies have invested in technology to onboard producers, manage licences and...

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...
227198

60,000+ InsurTech leaders get exclusive insights delivered every week