Sector Updates

Breach blazes trail in crypto InsurTech with new funding

Breach blazes trail in crypto InsurTech with new funding

Breach, an up-and-coming InsurTech enterprise dedicated to devising insurance technology and products for the burgeoning cryptocurrency market, is riding high on the wave of success following its latest developments.

Insurance giant Generali bolsters presence in Europe with $2.5bn Liberty Seguros acquisition

Liberty Mutual Insurance, a global provider of various insurance products and services, has confirmed a definitive agreement to sell its Madrid-headquartered personal lines and small commercial insurance business, Liberty Seguros, S.A., to Generali Group.

Climate risk startup Reask raises $6.55m to refine AI-driven weather modelling

Reask, an innovative company leveraging artificial intelligence (AI) to interpret and predict extreme global weather conditions, announced a successful investment funding total of $6.55m.
kin-home-insurance-alabama-catastrophe-prone

Tech-savvy insurer Kin brings relief to catastrophe-prone Alabama

Kin, a direct-to-consumer home insurance company, announced its latest expansion into Alabama.

Bolstering growth: CAC Group supercharges financial capabilities through expanded syndicated loan

CAC Group, a comprehensive insurance brokerage enterprise incorporating CAC Specialty, Cobbs Allen, and Dorset Peak, has broadcast the successful enlargement of its syndicated loan facility, supported by Wintrust Financial Corporation, alongside contributions from Synovus and JPMorgan Chase.

MetLife and Lyra Health join forces for better workforce mental health solutions

MetLife, a key player in disability and absence management services, and Lyra Health, a top contender in the sphere of global workforce mental health solutions, are teaming up.

TransUnion and Truework embark on strategic partnership to optimise income verification

TransUnion, a global information and insights company, has unveiled a strategic partnership with Truework, a front-runner in the provision of verification of income and employment (VOIE) services in the US.

Revolutionising Dubai’s InsurTech landscape: Lloyd’s and Dubai’s Economy Department unite

British insurance powerhouse, Lloyd's, is aligning its strategic interests with the Department of Economy and Tourism in Dubai. Lloyd's, an eminent entity in the insurance world, boasts centuries of experience, innovation, and a trusted name in the industry.

Cloverleaf Analytics Bolsters CURE Auto Insurance’s Claims Process Efficiency

Citizens United Reciprocal Exchange (CURE) Auto Insurance, a not-for-profit insurer, is now operational on Cloverleaf Analytics' insurance intelligence platform. Headquartered in Princeton, N.J., CURE Auto...

F&M Bank turns to Insuritas’ BUNDLE for enhanced insurance solutions

Insuritas, a digital InsurTech firm renowned for its comprehensive insurance agency platform, BUNDLE, has announced a significant partnership with The Farmers & Merchants State Bank (F&M Bank), based in Archbold, Ohio.

News Stories

Starpeak secures August Equity investment

Starpeak secures August Equity investment

August Equity, a UK-based private equity investor focused on lower-mid-market businesses, has agreed to invest in Starpeak, a specialist insurance distributor serving niche personal...

AEGIS London and Augentic unveil digital consortium

AEGIS London, a top-quartile Lloyd's syndicate, and Augentic, a tech-enabled MGA, have joined forces to launch a new cross-class digital follow consortium within the...
Why insurance’s distribution data goldmine matters now

Why insurance’s distribution data goldmine matters now

Insurance distribution has traditionally been treated as an operational challenge. Carriers, MGAs and agencies have invested in technology to onboard producers, manage licences and...

Alliant Insurance buys Nava in AI benefits push

Alliant Insurance Services, one of the largest insurance brokers and consultants in the US, has agreed to acquire Nava Benefits, the AI-native employee benefits...
RockRose Risk lands $12.5m to reshape wildfire insurance

RockRose Risk lands $12.5m to reshape wildfire insurance

RockRose Risk, the insurance brokerage that rewards property owners for reducing wildfire exposure, has completed a $12.5m Series A round. The financing was jointly led...
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