Sector Updates

Insurance giant Generali bolsters presence in Europe with $2.5bn Liberty Seguros acquisition

Liberty Mutual Insurance, a global provider of various insurance products and services, has confirmed a definitive agreement to sell its Madrid-headquartered personal lines and small commercial insurance business, Liberty Seguros, S.A., to Generali Group.

Climate risk startup Reask raises $6.55m to refine AI-driven weather modelling

Reask, an innovative company leveraging artificial intelligence (AI) to interpret and predict extreme global weather conditions, announced a successful investment funding total of $6.55m.
kin-home-insurance-alabama-catastrophe-prone

Tech-savvy insurer Kin brings relief to catastrophe-prone Alabama

Kin, a direct-to-consumer home insurance company, announced its latest expansion into Alabama.

Bolstering growth: CAC Group supercharges financial capabilities through expanded syndicated loan

CAC Group, a comprehensive insurance brokerage enterprise incorporating CAC Specialty, Cobbs Allen, and Dorset Peak, has broadcast the successful enlargement of its syndicated loan facility, supported by Wintrust Financial Corporation, alongside contributions from Synovus and JPMorgan Chase.

MetLife and Lyra Health join forces for better workforce mental health solutions

MetLife, a key player in disability and absence management services, and Lyra Health, a top contender in the sphere of global workforce mental health solutions, are teaming up.

TransUnion and Truework embark on strategic partnership to optimise income verification

TransUnion, a global information and insights company, has unveiled a strategic partnership with Truework, a front-runner in the provision of verification of income and employment (VOIE) services in the US.

Revolutionising Dubai’s InsurTech landscape: Lloyd’s and Dubai’s Economy Department unite

British insurance powerhouse, Lloyd's, is aligning its strategic interests with the Department of Economy and Tourism in Dubai. Lloyd's, an eminent entity in the insurance world, boasts centuries of experience, innovation, and a trusted name in the industry.

Cloverleaf Analytics Bolsters CURE Auto Insurance’s Claims Process Efficiency

Citizens United Reciprocal Exchange (CURE) Auto Insurance, a not-for-profit insurer, is now operational on Cloverleaf Analytics' insurance intelligence platform. Headquartered in Princeton, N.J., CURE Auto...

F&M Bank turns to Insuritas’ BUNDLE for enhanced insurance solutions

Insuritas, a digital InsurTech firm renowned for its comprehensive insurance agency platform, BUNDLE, has announced a significant partnership with The Farmers & Merchants State Bank (F&M Bank), based in Archbold, Ohio.
Thinksurance

Frankfurt-based InsurTech Thinksurance rakes in €22m

Thinksurance, a firm specialising in digital insurance consultations, has successfully raised a hefty €22m in its latest funding round.

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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