Sector Updates

ZestyAI, a risk and decision intelligence platform for insurers, has launched Z-SPARK, an AI-powered model designed to predict non-weather fire risk at the individual property level.

ZestyAI unveils Z-SPARK fire risk model for insurers

ZestyAI, a risk and decision intelligence platform for insurers, has launched Z-SPARK, an AI-powered model designed to predict non-weather fire risk at the individual...
Aviva, a UK insurer, is launching a ChatGPT app that allows potential customers to obtain an initial home insurance quote in a few minutes.

Aviva launches ChatGPT app for home insurance quotes

Aviva, a UK insurer, is launching a ChatGPT app that allows potential customers to obtain an initial home insurance quote in a few minutes. The...
Chubb, a global insurance group, has appointed Ben McGregor and Alex Forman to senior leadership roles within its Chubb Overseas General (COG) division.

Chubb appoints new commercial property and casualty heads

Chubb, a global insurance group, has appointed Ben McGregor and Alex Forman to senior leadership roles within its Chubb Overseas General (COG) division. McGregor has...
Alacrity Solutions, a US insurance services provider specialising in complex and catastrophe claims, has launched a UK presence at Lloyd’s of London to support insurers placing US risks through the market.

Alacrity launches Lloyd’s base to handle US claims

Alacrity Solutions, a US insurance services provider specialising in complex and catastrophe claims, has launched a UK presence at Lloyd’s of London to support...
Chaucer, a global specialty (re)insurer, and maritime technology firm Ceto AI have launched a new marine Managing General Agent operating as a Lloyd’s coverholder.

Chaucer backs Ceto marine MGA with TMK capacity

Chaucer, a global specialty (re)insurer, and maritime technology firm Ceto AI have launched a new marine Managing General Agent operating as a Lloyd’s coverholder. Under...
Shepherd, an AI-native commercial insurance platform, has raised $42m in a Series B round led by Intact Private Capital, bringing total funding to $67m.

Shepherd raises $42m to scale AI underwriting platform

Shepherd, an AI-native commercial insurance platform, has raised $42m in a Series B round led by Intact Private Capital, bringing total funding to $67m. The...
Artificial intelligence may dominate the current conversation around insurance technology, but the story of InsurTech itself has followed a different trajectory. A decade ago, the sector was defined by the promise of disruption. Venture capital flowed into startups promising to rebuild insurance from the ground up. This swell of momentum saw surged to record levels, peaking at more than $15bn globally in 2021, according to CB Insights.

The next phase of InsurTech: From disruption to durability

Artificial intelligence may dominate the current conversation around insurance technology, but the story of InsurTech itself has followed a different trajectory. A decade ago,...
Artificial intelligence is already transforming how lenders analyse risk, price products, and make credit decisions. Yet for many institutions, the real challenge is no longer adopting the technology. It is maintaining control over the pace and scope of the changes AI introduces.

AI and the future of consumer lending: what lenders need to know

Artificial intelligence is already transforming how lenders analyse risk, price products, and make credit decisions. Yet for many institutions, the real challenge is no...
WTW, a global insurance advisory and broking group, has been selected by digital MGA Thimble to deploy Radar Live to modernise and scale its commercial lines pricing capabilities.

Thimble selects WTW Radar Live to scale pricing

WTW, a global insurance advisory and broking group, has been selected by digital MGA Thimble to deploy Radar Live to modernise and scale its...
MyChoice, a Canadian InsurTech focused on improving submission quality for insurers, has joined the Insurtech Vanguards programme run by Guidewire.

MyChoice enters Guidewire’s Insurtech Vanguards community

MyChoice, a Canadian InsurTech focused on improving submission quality for insurers, has joined the Insurtech Vanguards programme run by Guidewire. The initiative connects insurers with...

News Stories

IAG partners OpenAI on agentic voice solutions

IAG partners OpenAI on agentic voice solutions

Cinven and La Caisse have agreed to acquire UK specialty MGA platform Optio Group. Read the full deal details here.
AGI targets insurance broker growth gap with $70m AI platform

AGI targets insurance broker growth gap with $70m AI platform

American Growth Insurance (AGI), an insurance brokerage focused on specialty commercial and personal lines, has launched with nearly $70m in committed equity to build...
Zinnia expands Kuvare partnership to speed product launches

Zinnia expands Kuvare partnership to speed product launches

Zinnia, a life and annuity technology firm, has broadened its strategic relationship with Kuvare in a move that underpins the carrier's wider technology agenda. Under...
Collective adds insurance to its platform for the self-employed

Collective adds insurance to its platform for the self-employed

Collective, the all-in-one financial platform designed solely for self-employed entrepreneurs, has unveiled its Insurance Center, giving members across all 50 US states a single...
AI InsurTech Corgi's valuation soars to $4bn

AI InsurTech Corgi’s valuation soars to $4bn

Corgi, the AI-driven InsurTech, has closed a fresh funding round valuing the business at $4bn, its third raise in under three months. The latest round,...
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