Sector Updates

South-african-insurtech-Naked-bags-$17m-in-Series-B-funding-car-and-home-insurance

South African InsurTech Naked secures $17m

Naked, a South African AI-driven InsurTech company offering car and home insurance, has raised $17m in Series B funding.
Waterdrop-tests-chat-gpt-like-feature-to-apply-to-insurance-services

Waterdrop tests ChatGPT-like feature to apply it in insurance services

Waterdrop, a technology platform dedicated to insurance and healthcare services, has internally tested a ChatGPT-like feature to apply it to insurance marketing and services.
US-insurance-brokerage-pcf-insurance-secures-$500m-equity-investment

US insurance brokerage PCF Insurance secures $500m equity investment

PCF Insurance Services, a US-based insurance brokerage firm, has secured a $500m preferred equity investment in a transaction co-led by Carlyle's Global Credit platform and private equity firm HGGC.
Hub-international-limited-launches-insurance-for-shopping-centres

HUB launches insurance solution for shopping centres

Hub International Limited (HUB), a global insurance brokerage and financial services firm, has launched a proprietary insurance solution for shopping centres.
AdvanceCare and dacadoo's joint venture set to revolutionise digital wellbeing in Portugal

AdvanceCare and dacadoo’s joint venture set to revolutionise digital wellbeing in Portugal

Portuguese firm AdvanceCare, an autonomous provider of healthcare management, has entered into a fruitful partnership with Swiss HealthTech and InsurTech heavyweight dacadoo.
Goose-insurance-services-canadian-super-app-nets-$4m

Canadian insurance “super app” Goose Insurance nets $4m

Goose Insurance Services, a Vancouver-based insurance app, has raised $4m in Series A funding.
global-insurtech-roadzen-to-go-public-in-$965m

Global InsurTech Roadzen to go public in $965m deal

Global InsurTech Roadzen has outlined its plans to go public in the US in a blank-check vehicle in a deal valued $965m.
Lombard-odier-selects-kynd-for-cyber-risk-management-portfolio

Lombard Odier selects KYND for portfolio risk management

KYND, a provider of next-generation cyber risk management technology and services, has been selected by Lombard Odier Investment Managers for its portfolio risk management solution.
insured-nomads-and-hotspot-cover-launched-travel-insurance-product-for-high-risk-regions

Insured Nomads and Hotspot Cover launch travel insurance for high-risk regions

Insured Nomads, a global health and travel insurance provider, has partnered with Hostpot Cover to launch to a special travel insurance product for high-risk regions.
Verisk-estimates-huge-losess-turkey-earthquake

Verisk estimates huge losses from Turkey earthquake

According to Extreme Event Solutions at Verisk, economic losses for the earthquakes in Turkey will exceed $20bn and industry insured losses will exceed $1bn.

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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