Sector Updates

IAG-firemark-ventures-backs-insurtech-planck

IAG Firemark Ventures backs InsurTech Planck

IAG Firemark Ventures has invested in Planck, a global InsurTech platform that provides real-time answers to underwriting questions to the global Commercial Insurance Industry.
pet-insurtech-kanguro-officially-launches-health-insurance-plans-for-pets

Pet InsurTech Kanguro officially launches health insurance plans for pets

Pet InsurTech Kanguro, which is on a mission to reinvent the world of pet insurance, has officially launched its health insurance plans for pets.
Verisk--launches-solutions-to-help-insurers-develop-commercial-lines-products

Verisk launches solution to help insurers develop commercial lines products

Global data analytics provider Verisk has launched a Rating-as-a-Service (RaaS) solution to help insurers develop new commercial lines products.
civil-unrest-reducing-risk-appetite-in-political-violence-insurance-market-howden-says

Civil unrest reducing risk appetite in political violence insurance market, Howden says

A report from insurance broker Howden has revealed that an increasingly unpredictable threat landscape has elevated strikes, riots and civil commotion (SRCC) risks and hence reduce risk appetite in the political violence (PV) insurance market.
Canada-life-to-acquire-IPC-to-expand-wealth-management-reach

Canada Life to acquire IPC to bolster wealth management reach

The Canada Life Assurance Company is to acquire Investment Planning Counsel (IPC) an independent wealth management firm from IGM Financial.
Vouch-and-startupOS-to-bring-insurance-solutions-to-startups

Vouch and StartupOS to bring insurance solutions to startups

Vouch, an insurance provider re-thinking business insurance for the technology industry, has partnered with StartupOS to bring insurance to early-stage startups.
Canopius-and-falvey-to-offer-inland-marine-coverage-in-US

Canopius and Falvey Insurance Group to offer inland marine coverage in US

Canopius, a global specialty (re)insurer, has partnered with managing general agent Falvey Insurance Group (FIG) to offer inland marine coverage in the US.
Aspect-insurance-exits-stealth-poised-for-growth-in-UK-and-Europe-D&F-startup

Aspect exits stealth to focus on small to mid-market property (re)insurance across the UK...

Aspect, a direct and facultative (D&F) startup, has exited stealth mode to focus on writing hard to place small to mid-market property (re)insurance across the UK and Europe.
insurtech-bolt-partners-with-choice-to-enhance-household-coverage

InsurTech bolt teams up with Choice to enhance household coverage

Property and casualty (P&C) InsurTech bolt has partnered with Choice Home Warranty, a US-based home warranty service contract provider.
Pinnacle-pet-group-acquires-animal-friends-to-drive-pet-insurance-innovation

Pinnacle Pet Group acquires Animal Friends to drive innovation in pet insurance

Pinnacle Pet Group (PPG), a pan-European pet insurance provider with JAB Holding Company as controlling shareholder, has acquired Animal Friends to drive innovation in pet insurance.

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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