Sector Updates

clearcover-launches-embedded-car-insurance-solution

Clearcover launches embedded car insurance solution

Clearcover Insurance Company, a next-generation car insurance company, has launched an embedded insurance solution in which consumers receive final, bindable quotes when they shop via Experian's auto insurance comparison shopping service.
questions-to-ask-when-swtiching-to-a-cloud-CCM

What questions should you ask when switching to a cloud CCM system?

When looking to make a switch from a legacy on-premise to cloud-based CCM solutions, Smart Communications stresses the importance of asking certain questions before signing a new vendor contract.
how-is-AI-transforming-impacting-the-industry

How is AI impacting the insurance industry?

Idolised by visionaries, dismissed by sceptics, artificial intelligence (AI) undeniably has the potential to transform entire industry ecosystems, according to InsurTech Tractable.
zinnia-to-acquire-digital-insurance-marketplace-policygenius

Zinnia to acquire digital insurance marketplace Policygenius

Zinnia, a life and annuity insurance technology and digital services company, is acquiring digital insurance marketplace Policygenius.
boston-insurtech-mga-ledgebrook-secures-$4.6m

Boston InsurTech MGA Ledgebrook secures $4.6m

Ledgebrook, a Boston-based InsurTech MGA startup focussing on middle market E&S, has raised $4.6m in funding to scale its flagship products and support future offerings.

Revolutionising insurance workflows with mobile document scanning

Mobile applications have emerged as vital aids for insurance agents, enhancing their workflow efficiency and elevating customer service. Scanbot SDK recently delved into the significance...
brazil-auto-insurtech-justos-bags-$5.5m

Brazilian auto InsurTech Justos bags $5.5m

Justos, a Brazil-based auto InsurTech startup, has raised $5.5m in a funding round led by a major reinsurer.
direct-line-in-by-miles-take-over

Direct Line in By Miles take-over

Direct Line has acquired By Miles Group, a Managing General Agent (MGA) and provider of real-time pay-by-mile insurance policies.
goosehead-insurance-and-vivint-smart-home-team-up-to-enhance-home-insurance

Goosehead Insurance and Vivint Smart Home team up to enhance home insurance

Goosehead Insurance, an independent personal lines insurance agency, has partnered with Vivint Smart Home, a leading smart home company in the US, to enhance home insurance solutions.
insurance-broker-howden-secures-$1.1bn-in-debt-and-equity

Insurance broker Howden secures $1.1bn in debt and equity

Insurance broker Howden Group Holdings has raised over $1.1bn in debt and equity, which it intends to use towards M&A initiatives.

News Stories

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’s 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...
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