Sector Updates

The-Paladin-grou-and-dais-technology-launch-underwriteGPT-AI-underwriting-tool-for-insurance-industry

The Paladin Group and Dais Technology launch UnderwriteGPT

The Paladin Group, an InsurTech digital brokerage, and Dais Technology, an insurance technology provider, have unveiled UnderwriteGPT – a generative AI underwriting tool.
Pet care app Fluffy raises $450k ahead of insurance launch

Pet care app Fluffy raises $450k ahead of insurance launch

Pet care app Fluffy, which helps owners find insurance for their furry friends, has reportedly raised $450,000 in its pre-seed round.
Everest-insurance-enters-into-the-spanish-market

Everest Insurance enters the Spanish market

Everest Insurance, the insurance division of global underwriter Everest Re Group, has expanded into the Spanish market.
greenlight-re-backs-vertical-insure-in-additional-$2m-raise-embedded-insurance

Greenlight Re backs Vertical Insure in additional $2m raise

Vertical Insure, an embedded insurance platform for platforms, has raised $2m in additional funding, bringing its total seed round to $6m.
cyber-risk-management-platform-KYND-partners-with-united-insurance-brokers-to-help-businesses-gain-control-over-cyber-exposure

Cyber risk management platform KYND partners with United Insurance Brokers

KYND, a provider of cyber risk management technology and services, has partnered with United Insurance Brokers (UIB) to help businesses gain control over cyber exposure.
Coalition-launches-full-stack-cyber-insurance-carrier

Coalition launches full-stack cyber insurance carrier

Coalition, a cyber insurance provider, has launched Coalition Insurance Company (CIC), a full-stack cyber insurance carrier.
BOXX

BOXX Insurance scores $14.4m Series B

BOXX Insurance, an InsurTech that combines cyber insurance and security, has landed $14.4m in Series B funding round.
cloud-native-insurance-platform-novidea-names-ben-ezer-to-senior-executive-team

Ezer joins senior executive team at InsurTech Novidea

Cloud-native insurance platform Novidea has appointed Eran Ben Ezer to its senior executive team to support the next phase of the company’s global growth.
SLK-software-v-labs-cna-insurance-in-ai-led-alliance

SLK Software, V-Labs and CNA Insurance in AI-led alliance

SLK Software, a global technology services firm, and AI company V-Labs, have partnered with CNA Insurance, a US-based insurance provider, to deploy an enterprise-wide AI-led intelligent automation solution.
Inszone-insurance-in-austin-insurance-take-over

Inszone Insurance in Austin Insurance take-over

Inszone Insurance Services, a provider of benefits, personal and commercial lines insurance, has acquired Austin Insurance.

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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