Sector Updates

Verisk-boosters-weather-solutions-with-hail-and-tornado-analytics-to-support-insurers

Verisk bolsters weather solutions with hail and tornado analytics

Verisk, a global data analytics provider, has boosted its weather solutions to include a hail and tornado analytics solution to provide real-time data following severe weather events.
insured.io-launches-payments-processing-feature-to-streamline-payments

insured.io unveils payments processing feature to streamline insurance payments

insured.io, a provider of cloud-based, customer engagement solutions for the insurance industry, has launched a payment processing feature to streamline payments for insurers.
Coincover, Fireblocks partner for digital asset protection

Coincover, Fireblocks partner for digital asset protection

Digital asset protection technology company Coincover has partnered with Fireblocks to give investors enterprise-grade asset security.
Assurant-bolsters-partnership withavenue5-to-provide-renters-insurance

Assurant bolsters partnership with Avenue5 to provide renters insurance

Assurant, a global business services company that supports, protects and connects major consumer purchases, has partnered with Avenue5 Residential to provide renters insurance.
key-insurtech-partnerships-of-2022

Key InsurTech partnerships of 2022 to take note of

As pressures on the insurance and InsurTech sector mount, companies are teaming up to bolster their services and improve their capabilities.
Angle-health-raises-$4m-seed-funding-to-launch-tech-enabled-health-insurance-plans-for-startups

Angle Health bags $4m for tech-enabled health insurance plans

Angle Health, a Y Combinator-backed health insurance carrier, has raised $4m in seed funding to launch its tech-enabled health insurance plans for startups.
Swiss-Re-welcomes-group-chief-investment-officer

Swiss Re welcomes group chief investment officer

Swiss Re, provider of reinsurance and insurance, has appointed Velina Peneva as group chief investment officer and member of the group executive committee.
Kin-insurance-expands-into-south-carolina-home-insurance

Kin Insurance expands into South Carolina

Kin Insurance, a direct-to-consumer home insurance company, has expanded its coverage into South Carolina.
Parametric-insurer-FloodFlash-launches-US-market

Parametric insurer FloodFlash launches in US

FloodFlash, a parametric flood insurance company that pays catastrophic floor claims fast, has entered the US insurance market.
Sensible-Weather-climate-technology-insurance-company-closes-strategic-investment-to-expand-solutions-to-golfers

Climate InsurTech Sensible Weather closes investment to bring solution to golfers

Sensible Weather, a climate technology insurance company focused on helping consumers understand climate, has closed a strategic investment to help it expand its solutions.

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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