Sector Updates

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.

Hong Kong-based virtual insurer Bowtie has revealed that it has landed $34.9m, following the conclusion of a Series B2 funding round.

Planck has unveiled a 'game-changing' underwriting tool that incorporates advanced Generative AI (GenAI) functionalities.

QBE, a leading primary insurer with a broad international footprint, has revealed its newest endeavour - a cyber offering in the Middle East.

Insurify has forged a partnership with embedded insurance startup Fletch to introduce pet insurance to its platform.