Sector Updates

Thinksurance

Frankfurt-based InsurTech Thinksurance rakes in €22m

Thinksurance, a firm specialising in digital insurance consultations, has successfully raised a hefty €22m in its latest funding round.
Wallife unveils digital identity theft insurance to guard UK consumers

Wallife unveils digital identity theft insurance to guard UK consumers

Wallife, the Italian InsurTech, has taken a bold step to protect UK consumers from the ever-growing risk of online threats. Known for its innovative insurance...
skyline-partners-satellite-data

Skyline Partners collaborates with Spire Global to leverage satellite data for InsurTech

Skyline Partners, a prominent UK-based InsurTech managing general agent (MGA) specialising in parametric insurance and risk transfer, is entering into a partnership with Spire Global, experts in satellite and space data.
guidewire-selected-by-texas-mutual-cloud-tech

Texas Mutual and Guidewire: Transforming the insurance industry with cloud technology

Texas Mutual Insurance Company, the premier provider of workers' compensation insurance in Texas, and Guidewire, a renowned software provider, have proudly announced their successful deployment of Guidewire InsuranceSuite on Guidewire Cloud.
admiral-group

Admiral Seguros collaborates with ING Spain for innovative digital bancassurance venture

Admiral Seguros, a key player in the Spanish motor insurance market and an operational arm of Admiral Group, and ING Spain, a renowned banking institution, have unveiled an innovative digital bancassurance partnership.

Atlantic InsurTech startup QuickFacts secures $1.13m for Canadian expansion

Halifax-based startup QuickFacts, dedicated to improving the insurance industry with technological disruption, has confirmed the successful completion of a funding round securing $1.13m.
mastercard-healthlock-medical-fraud

Mastercard and HealthLock team up to combat healthcare fraud and billing errors

Mastercard, the global pioneer in payments and technology, has joined hands with HealthLock, an online platform that offers consumer-oriented healthcare services.
utah

ALKEME expands Utah footprint with Lincoln Insurance Group acquisition

ALKEME, a top 50 insurance brokerage in the US, recently announced its acquisition of the Lincoln Insurance Group. Based in Utah, Lincoln Insurance Group is a full-service insurance agency that was established in 2006.

Microsoft Hong Kong and OneDegree revolutionise InsurTech and cybersecurity sectors with Azure OpenAI

OneDegree Global, a foremost technology start-up making waves in the InsurTech and cybersecurity sectors, and Microsoft Hong Kong, a division of the global technology giant, have announced a strategic partnership.

Empowering insurance agents: Clearcover’s new Agent Hub simplifies policy sales

Clearcover, known as the next-generation car insurance company, recently announced the launch of its Clearcover Agent Hub, a revolutionary agent resource centre, aimed at strengthening its agent distribution channel.

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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