Sector Updates

carbon-credit-insurtech-specialist-kita-bags-£4m-carbon-removal-projects

Carbon credit InsurTech Kita bags £4m

Kita, a London-based carbon credit insurance specialist, has raised £4m in funding to leverage InsurTech solutions to support carbon removal projects.
core-platform-for-insurers-socotra-embarks-on-european-expansion

Socotra embarks on European expansion

Socotra, a modern core platform provider for insurers, is planning a European expansion following the growth in demand for its API-driven, cloud-first technology, which increases insurers’ speed-to-market at lower cost .
Echo-launches-cargo-insurance-product

Echo Global launches cargo insurance

Echo Global Logistics, a provider of technology-enabled transportation and supply chain management services, has launched a full-coverage cargo insurance product.
Otonomo-technologies-to-merge-with-urgently-for-mobility-and-insurance-platform

Otonomo to merge with Urgently for mobility and insurance platform

Otonomo Technologies, a platform powering the mobility economy, is to merge with US-based roadside and mobility assistance technology and services company Urgently to create a platform for mobility, insurance, and other services.
insurer-of-high-net-worth-families-bolsters-partnership-with-oneshield

Insurer of high-net-worth families PURE bolsters partnership with OneShield

Privilege Underwriters Reciprocal Exchange (PURE), a leading policyholder-owned insurer of high-net-worth individuals, has expanded its long-standing relationship with OneShield.
home-insurer-hippo-launches-specialised-home-insurance-product-for-homes-under-development

Home insurer Hippo launches specialised product for homes under construction

Hippo, a home insurance group focused on proactive home protection, has expanded its channel with the launch of the Hippo Builder Insurance Agency (HBIA).
Skyward-specialty-insurance-launches-marine-underwriting-unit

Skyward Specialty launches marine underwriting unit

Skyward Specialty Insurance Group, a provider of specialty property and casualty insurance, has launched an inland marine underwriting unit led by Havis Wright.
CAPE-Analytics-teams-up-with-american-national-to-boost-risk-management-and-underwriting

CAPE Analytics teams up with American National to boost risk management and underwriting

CAPE Analytics, a California–based provider of AI risk-assessment solutions, has partnered with American National to aid its risk management and underwriting.
corebank-selects-insuritas-for-digital-insurance-agency-platform

CoreBank selects Insuritas for digital insurance agency platform

Insurance agency Insuritas has been selected by CoreBank to install its digital insurance agency platform.
pet-insurtech-kanguro-expands-us-footprint-with-florida-launch

Pet InsurTech Kanguro expands US footprint

Pet InsurTech Kanguro, which is on a mission to reinvent the world of pet insurance, has launched its offering in Florida.

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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