Sector Updates

mapfre-and-vittoria-assicurazioni-to-form-entity-to-serve-italian-insurance-market

MAPFRE and Vittoria Assicurazioni form entity to serve Italian insurance market

Global insurance company MAPFRE has partnered with Italian insurance company Vittoria Assicurazioni to serve the Italian market.
Relay-platform-launches-digital-quoting-solution

Relay Platform launches digital quoting solution

Relay Platform, a provider of multi-carrier solutions to the insurance industry, has launched a digital quoting solution for retail agents and wholesale brokers.
warranty-inspection-teams-up-with-truepic-to-support-auto-insurance-providers

Truepic and Warranty Inspection to support auto insurance providers

Warranty Inspection Services, an automotive inspection company, has teamed up with Truepic to leverage virtual inspection technology to support insurance providers.
nationwide-and-waffle-join-forces-for-auto-and-home-coverage

Nationwide and Waffle join forces for auto and home coverage

Insurance carrier Nationwide has teamed up with consumer InsurTech solution Waffle to offer instant online auto and home coverage.
builders-and-tradesmen-insurance-services-launches-constractor-insurance-product

Builders & Tradesmen’s Insurance Services (BTIS) unveils contractor insurance product

Builders & Tradesmen's Insurance Services (BTIS), an insurance intermediary focused on serving small businesses, has launched an exclusive contractor insurance product.
oscar-health-insurtech-names-new-CEO

Health InsurTech Oscar names CEO

Oscar Health, a health insurance company built around a full-stack technology platform, has appointed Mark Bertolini as CEO.
american-equity-underwriters-selects-Clara-Analytics-workers'-compensation-insurance-waterfront-employees

Workers’ comp insurance American Equity Underwriters selects CLARA

The American Equity Underwriters (AEU), a provider of workers’ compensation insurance for waterfront employees, has selected CLARA Analytics to leverage technology for better results.
lemonade-crypto-climate-coalition-protects-over-7000-kenyan-farmers

Lemonade Crypto Climate Coalition protects over 7,000 Kenyan farmers

The Lemonade Crypto Climate Coalition, a blockchain based parametric crop protection for subsistence farmers, has completed its initial launch.
Sagesure-secures-$50m-catastrophe-exposed-insurance-provider-insurtech

Catastrophe-exposed property insurance provider SageSure secures $50m

SageSure, a provider of catastrophe-exposed property insurance, has raised $50m to fuel its growth.
Thai-InsurTech-startup-Roojai-closes-Series-B

Thai InsurTech startup Roojai closes Series B

Thailand-based B2C InsurTech startup Roojai has closed its Series B funding round on $42m.

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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