Sector Updates

kin-insurance-closes-$100m-catastrophe-bond-transaction

Kin Insurance closes $100m catastrophe bond

Kin Insurance, a direct-to-consumer home insurance company, has closed a $100m private placement catastrophe bond transaction.
insurtech-bolttech-and-tune-protect-group-to-offer-insurance-products-in-malaysia

InsurTech bolttech and Tune Protect Group to offer insurance products in Malaysia

Singapore-based InsurTech bolttech has partnered with digital lifestyle insurer Tune Protect Group to offer device protection solutions in Malaysia.
schaefer-city-technologies-launches-product-to-protect-insurers-from-nuclear-claims

Schaefer City Technologies launches product to help protect insurers from nuclear claims

InsurTech Schaefer City Technologies has launched its first software product designed to help insurance companies identify which claims have the potential to “go nuclear”.
P&C-insurer-sompo-grows-footprint-in-switzerland

P&C insurer Sompo grows footprint in Switzerland

Sompo International, a global provider of commercial and consumer property and casualty (re)insurance, has expanded its operations in Switzerland.
akur8-teams-up-with-helvetia-italy-to-take-pricing-to-the-next-level

Akur8 teams up with Helvetia Italy to “take pricing to the next level”

Akur8, the next generation insurance pricing solution powered by transparent machine learning, has partnered with Hevetia Italy to take pricing to the next level.
home-insurance-rates-to-continue-to-rise-insurify-reports

Home insurance rates to continue to rise, Insurify reports

Home market volatility will likely continue as home insurance rates are expected to continue to rise, a report my insurance comparison platform Insurify has revealed.
Ushur-teams-up-with-virtusa-to-bolster-automated-platform

Ushur teams up with Virtusa to bolster automated platform

Ushur, an AI-powered customer experience automation platform, has partnered with Virtusa to expand the capabilities of its automated experience platform.
insurtech-qover-teams-up-with-volta-trucks-for-all-electric-fleet-insurance

InsurTech Qover and Volta Trucks teams up for all-electric fleet insurance

Volta Trucks, an all-electric commercial vehicle manufacturer and services provider, has partnered with InsurTech Qover and Helvetia International Automotive to provide its customers with an all-electric fleet insurance.
Co-buyer-platform-nestment-selects-obie-as-insurance-partner

Co-buyer platform Nestment selects Obie as insurance partner

Obie, an InsurTech startup that offers insurance risk management for real estate investors, has been selected by Nestment as its insurance partners to streamling the insurance process for co-buyers.
Lloyd's-lab-reveals-13-insurtechs-joining-innovation-hub

Lloyd’s Lab reveals 13 InsurTech joining innovation hub

Lloyd’s, the global marketplace for corporate, commercial and speciality risk today announced the 13 InsurTech firms joining the 10th cohort of its innovation hub, the Lloyd’s Lab.

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...
224931

60,000+ InsurTech leaders get exclusive insights delivered every week