Sector Updates

bolttech-achieves-$1.6bn-valuation-series-B

Bolttech achieves $1.6bn valuation in Series B, defying global InsurTech funding trends

Bolttech, an international InsurTech company, recently announced a successful Series B fundraising round, achieving a valuation of $1.6bn.

Maximising MGA’s capabilities with technology in the global insurance landscape

Managing General Agents (MGAs) are becoming increasingly instrumental in the global insurance market by targeting niche or underserved sectors. With approximately 600 MGAs in...
Beazley-streamlined-medical-liability-product

Beazley’s streamlined MiscMed product set to revolutionise medical liability insurance

Specialist insurer, Beazley, known for its operations in Europe, United States, Canada, Latin America and Asia, has launched its updated Miscellaneous Medical Liability insurance product, dubbed MiscMed, into the US and London markets.
we-fox-raises-funding-to-enhance-insurance-distribution

wefox raises $110m to enhance insurance distribution and tech platform

Berlin-based InsurTech firm, wefox, has successfully completed a funding round that has solidified its position as a leading force in the insurance technology industry.
JAB-acquires-pumpkin-pet-insurance

JAB acquires majority stake in Pumpkin Insurance, expanding its pet insurance leadership

JAB Holding Company, a major investor in consumer-focused industries, has acquired a majority stake in Pumpkin Insurance Services Inc., a top-tier preventive care and pet insurance provider.
catastrophe-exposed-sage-sure

Catastrophe-exposed insurance provider SageSure secures $250m investment

SageSure, a leading independent managing general underwriter specialising in providing catastrophe-exposed property insurance, has closed a $250m equity financing round.

Revolutionising health insurance: EFU Life and dacadoo partner for wellness program

EFU Life Assurance Ltd, a front-runner in Pakistan's life insurance sector, has announced a collaborative venture with dacadoo, a trailblazing Swiss tech company.
roots-automation-insurgpt

InsurGPT: Roots Automation’s breakthrough AI model set to transform insurance

Roots Automation, the pioneer behind AI-powered Digital Coworkers, has unveiled its latest innovation, InsurGPT.
federal-life-partners-with-siss-re-insurtech

Federal Life, Swiss Re, and Reframe Financial join forces for digital-first insurance solution

Federal Life Insurance Company, a provider of insurance and annuity products, has partnered with Swiss Re, a global reinsurer, and Reframe Financial, a top InsurTech company, to introduce Reframe LifeStage.
Akur8

InsurTech Akur8 successfully completes SOC 2 Type II audit

Insurance company Akur8 has recently strengthened trust in its offering with the completion of its SOC 2 Type II audit.

News Stories

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...
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