Sector Updates

Zesty.AI-joins-forces-with-CSAA-insurance-for-wildfire-risk-assessment

ZestyAI joins forces with CSAA Insurance for wildfire risk assessment

ZestyAI, a provider of climate and property risk analytics solutions, has partnered with CSAA Insurance Group for wildfire risk assessment.
Austrian-startup-vienna-hi.health-raises-$1m-funding-for-health-insurance-intermediary-services

Austrian insurance startup hi.health pulls in $1m

hi.health, an Austrian health insurance startup that acts as an intermediary between customers of private health insurance and their services, has raised $1m.
InsurTech-Joyn-Insurance-bags$17.7m-series-A-funding

InsurTech Joyn Insurance bags $17.7m

Joyn Insurance, an insurance technology company, has raised $17.7m in Series A funding led by OMERS Ventures.
Top-insurtech-acquisitions-deals-2022-insurance

InsurTech acquisitions of 2022 to watch

In spite of an uncertain and turbulent year, several key acquisitions in the insurance and InsurTech sector took place. Here are five ones to watch.
Swiss-InsurTech-TONI-Digital-raises-12.5-million-for-insurance-as-a-service-solution

Swiss InsurTech TONI Digital bags $12.5m

TONI Digital, a Switzerland-based InsurTech startup, has raises $12.5m in a Series B funding round.
Insurance in 2023: against the odds

Insurance in 2023: against the odds

A challenging economy, inflationary pressures and rising claims and premiums means 2023 will not be an easy ride. Yet, the insurance industry is ready to yield its new-found resilience to take the year in its stride.
Singaporean B2B BNPL provider actyv.ai nets $12m

Singaporean B2B BNPL provider actyv.ai nets $12m

Singapore-based B2B BNPL and insurance player actyv.ai has collected $12m in its pre-Series A funding round, as it explores global expansion efforts.  
top-six-trends-insurance-industry-2023-hx

The top six trends set to shape the insurance industry, according to hx

The experts at hyperexponential (hx), a SaaS pricing platform for insurers, have outlined six key trends taking hold in the insurance industry.
battleface-global-travel-insurance-company-launches-robin-assist-tech-driven-platform

Travel InsurTech battleface unveils tech-driven platform

battleface, a global travel insurance company, has launched Robin Assist, a new tech-driven platform as a service.
Propeller

Propeller lands $6.4m seed investment

Propeller, a US-based InsurTech, has raised $6.4M in seed funding led by a consortium of industry partners.

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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