Sector Updates

Ghanaian InsurTech Bima is set to be acquired by Mobile-health Network Solutions (MNDR) in a deal supported by up to $119m in funding from Hector Capital.

Bima set for MNDR takeover in $119m deal

Ghanaian InsurTech Bima is set to be acquired by Mobile-health Network Solutions (MNDR) in a deal supported by up to $119m in funding from...
SUPERAGENT AI, a provider of AI-driven solutions for insurance agencies, has launched a new platform designed to function as a unified autonomous workforce, streamlining communication, quoting and customer engagement.

Superagent AI launches autonomous platform for agencies

SUPERAGENT AI, a provider of AI-driven solutions for insurance agencies, has launched a new platform designed to function as a unified autonomous workforce, streamlining...
Corgi, an InsurTech focused on emerging technology risks, has launched a new AI Insurance Coverage product designed to protect businesses from financial and legal exposure linked to artificial intelligence systems, as adoption accelerates across industries.

Corgi unveils cover for AI failures and liabilities

Corgi, an InsurTech focused on emerging technology risks, has launched a new AI Insurance Coverage product designed to protect businesses from financial and legal...
Verisk Analytics, a provider of data and analytics for the insurance sector, has partnered with Anthropic to embed its analytics capabilities into Claude models via Model Context Protocol (MCP) connectors.

Verisk embeds analytics into Anthropic Claude models

Verisk Analytics, a provider of data and analytics for the insurance sector, has partnered with Anthropic to embed its analytics capabilities into Claude models...
Wopta Assicurazioni has raised €5m in fresh funding, pushing total capital secured since 2022 beyond €20m and valuing the Italian InsurTech at over €100m.

Wopta secures €5m to expand AI-led insurance model

Wopta Assicurazioni has raised €5m in fresh funding, pushing total capital secured since 2022 beyond €20m and valuing the Italian InsurTech at over €100m. The...
Booking a flight online takes minutes. Ordering a taxi takes seconds. Even applying for a loan can now be done in a handful of taps. Buying insurance, by contrast, often feels like stepping back a decade. The process slows, the questions multiply, and what should be simple quickly becomes something to work through rather than complete.

Why most insurance quotes are abandoned — and how insurers can fix it

Booking a flight online takes minutes. Ordering a taxi takes seconds. Even applying for a loan can now be done in a handful of...

Global InsurTech funding extends decline as investment falls 50% in April

Global InsurTech investment cooled further in April, with eight deals raising approximately $119m, marking another step down from March’s already subdued $237m. That represents a...
InsureMO, an API, data and AI-driven insurance platform, has added Upsure, a provider of core insurance software, to its partner ecosystem to deliver a unified core insurance suite and accelerate digital transformation for insurers across emerging markets.

InsureMO adds Upsure to expand core insurance platform

InsureMO, an API, data and AI-driven insurance platform, has added Upsure, a provider of core insurance software, to its partner ecosystem to deliver a...
Insly, an enterprise-grade insurance software provider, has launched a new AI-enabled claims portal designed to help insurers and managing general agents (MGAs) deliver a self-service, digital-first claims experience for policyholders.

Insly debuts digital claims platform for MGAs

Insly, an enterprise-grade insurance software provider, has launched a new AI-enabled claims portal designed to help insurers and managing general agents (MGAs) deliver a...
The global insurance industry is moving quickly into an AI-driven future. Pricing, underwriting, and customer engagement are being reshaped at pace, with many insurers shifting from experimentation to real-world deployment. But beneath this global momentum, the UK market tells a more measured story.

How the rise of AI is impacting UK insurance pricing

The global insurance industry is moving quickly into an AI-driven future. Pricing, underwriting, and customer engagement are being reshaped at pace, with many insurers...

News Stories

EQT agrees $2bn deal for McGill and Partners

EQT agrees $2bn deal for McGill and Partners

McGill and Partners, a technology-enabled specialty (re)insurance broker, has agreed to be acquired by EQT in a deal valuing the business at $2bn. The transaction...
Can actuaries trust AI models?

Can actuaries trust AI models?

InsurTech firm Akur8 is taking a controlled approach to AI adoption in insurance: if using AI for actuarial work is possible and even necessary...
Capricorn Mutual completes Duck Creek platform go-live

Capricorn Mutual completes Duck Creek platform go-live

Aggne, a Wipro company and insurance technology services provider, has confirmed the successful go-live of Capricorn Mutual, the member-owned risk protection organisation, on Duck...
Why rating engines are becoming insurers' decision hub

Why rating engines are becoming insurers’ decision hub

Pricing technology is moving beyond its traditional home in actuarial and underwriting teams. Rating engines are increasingly being used by marketing, innovation and product...
AML

Why underwriting data holds the key to spotting AML risk

Insurance houses across South Africa are pouring money into anti-financial crime tools, yet heavy spending alone is not solving the problem. Effectiveness, particularly at...
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