Sector Updates

OpenEyes-insurtech-bags-$18m-and-emergees-from-stealth-to-reduce-the-cost-of-insurance-for-commercial-automotive-fleets

InsurTech OpenEyes bags $18m to reduce the cost of insurance for commercial automotive fleets

OpenEyes, an InsurTech company serving commercial automotive fleets, has emerged from stealth with $18m in Series A funding.
Shoreone-insurance-launches-combined-home-and-flood-insurance-product-in- Massachusetts.

ShoreOne Insurance launches combined homeowner and flood insurance product in Massachusetts

ShoreOne Insurance Managers, which combines homeowner and flood insurance, has launched its residential homeowners policy with full flood insurance protection in Massachusetts.
Indian-insurtech-insurance-dekho-scores-$150m-in-biggest-round-of-its-type

Indian InsurTech InsuranceDekho scores $150m in biggest round of its type

InsuranceDekho, an InsurTech which has positioned itself as a leader in the Indian market, has raised $150m in Series A funding.
Hyundai-renews-telematics-programme-with-Verisk-telematics-data-insurtech

Hyundai renews telematics programme with Verisk

Hyundai Motor America, the US distributor for global automaker Hyundai Motor Company, has renewed an agreement with global data analytics provider Verisk to analyse telematics data.
PetMed-Express-teams-up-with-pumpkin-insurance-to-offer-pet-insurance-solutions

PetMed teams up with Pumpkin Insurance to offer pet insurance solutions

PetMed Express, an online pet pharmacy, has partnered with pet insurer Pumpkin Insurance to offer a high quality health and wellness insurance solution.
Canal-insurance-company-partners-with-clara-analytics-to-boost-commercial-auto-claims-outcomes

Canal Insurance joins forces with CLARA Analytics to boost commercial auto claims

Canal Insurance Company has partnered with CLARA Analytics, a provider of artificial intelligence (AI) technology for commercial insurance claims optimisation, to improve commercial auto claims outcomes with AI.
CIS-insurance-partners-duck-creek-to-offer-performance-testing-and-stabilisation-capabilities

CIS Insurance partners with Duck Creek to offer performance testing and stabilisation capabilities

CIS Insurance Services has partnered with Duck Creek Technologies, an intelligent solutions provider looking to define the future of property and casualty (P&C) insurance, to offer performance testing and stabilisation capabilities.
Chaucer-partners-with-Kita-to-launch-insurance-for-carbon-markets

Chaucer partners with Kita to launch insurance for carbon markets

Chaucer, a global specialty (re)insurance group, has partnered with carbon credit insurance specialist Kita to bring the first of its kind insurance product to the carbon markets.
What-does-the-future-of-life-insurance-solutions-look-like-customer-experience-zinnia

What does the future of life insurance solutions look like?

According to Zinnia, the major trends set to shape life insurance in the coming year are all driven by the customer experience. 

FinTech’s Role in Reinforcing Broker Value Amidst Rising Insurance Premiums

The UK and global economies are currently grappling with unprecedented inflation rates. Interestingly, the insurance market had a precursor to this trend, with premiums soaring as the world emerged from lockdown.

News Stories

Carpe unveils Minerva engine for small commercial insurers

Carpe, a company that turns online data and public records into decision-ready intelligence for insurers, has introduced the Minerva Reasoning Engine, a new AI-native...
Orion180 targets Nasdaq as tech-led insurer scales

Orion180 targets Nasdaq as tech-led insurer scales

Orion180 has filed an S-1 registration statement with the US Securities and Exchange Commission for a proposed Nasdaq listing under the ticker "OIG", giving...
Accelerant's latest filings reveal scope of Nest insurance plans

Accelerant’s latest filings reveal scope of Nest insurance plans

Accelerant, an insurance platform that combines capacity, underwriting and technology, has submitted trademark applications that indicate it could be developing a new offering called...
Starpeak secures August Equity investment

Starpeak secures August Equity investment

August Equity, a UK-based private equity investor focused on lower-mid-market businesses, has agreed to invest in Starpeak, a specialist insurance distributor serving niche personal...

AEGIS London and Augentic unveil digital consortium

AEGIS London, a top-quartile Lloyd's syndicate, and Augentic, a tech-enabled MGA, have joined forces to launch a new cross-class digital follow consortium within the...
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