Sector Updates

Lemonade rolls out US pet insurance coverage

Lemonade, the digital insurance company that leverages AI technology, has expanded its pet insurance offering to customers in Massachusetts,
BitSight

BitSight set to snap up TPRM tool ThirdParty Trust

BitSight, a security rating platform, is set to acquire ThirdPartyTrust, a company that has developed a third-party risk management tool.
Digital wholesale broker Apollo Brokers rebrands to Limit

Digital wholesale broker Apollo Brokers rebrands to Limit

Digital wholesale broker Apollo Brokers has rebranded to Limit, after a strong year following its launch.
AccuRisk backs personalised live engagement startup MyHealthMath

AccuRisk backs personalised live engagement startup MyHealthMath

AccuRisk, a developer of health solutions, has invested into MyHealthMath, an InsurTech company that combines big data and mathematical modelling with personalised live engagement.
Verisk helps M Financial build a new life insurance product

Verisk helps M Financial build a new life insurance product

M Financial Group, a financial service design and distribution company, and global insurer Pacific Life have tapped Verisk to build a new life insurance product.
Fairmatic

InsurTech 2.0 firm Fairmatic snaps up $42m in Series A

Fairmatic, an InsurTech 2.0 firm that claims it is pioneering an unconventional approach to fleet insurance, has secured $42m in a Series A raise.
Gallagher picks Novidea for digital broking platform

Gallagher picks Novidea for digital broking platform

Global insurance broker Gallagher has picked InsurTech company Novidea to implement and tailor its insurance broking platform for its specialty client base.

Canada’s SureBright closes pre-seed for insurance-as-a-service

Canadian InsurTech SureBright, which offers an insurance-as-a-service platform, has reportedly collected $2.5m in its pre-seed round.
Buckle

Buckle links with InsureScan

Buckle, an insurance MGA that is targeting rideshare drivers, has teamed with InsureScan in Alabama to underwrite non-standard auto insurance policies.  
Alma

InsurTech Alma pulls in $130m from Thoma Bravo-led Series D

Alma, a membership-based networks that helps mental health care providers accept insurance and build private practices, has scored $130m in a Series D.

News Stories

Retailers have spent the last few years racing to embed wellness into their loyalty apps. The logic is sound, with consumers more health-conscious than ever, and digital touchpoints offering a direct route to influence behaviour. Yet despite heavy investment, most of these features are underused, quickly forgotten, or never meaningfully adopted.

Why retail loyalty apps fail to engage – and how dacadoo is changing the...

Retailers have spent the last few years racing to embed wellness into their loyalty apps. The logic is sound, with consumers more health-conscious than...
Chubb, a multinational insurer operating across property, casualty and life segments, has partnered with Insify, a financial security platform for freelancers and SMEs, to launch a fully digital disability insurance product for self-employed professionals in the Netherlands.

Insify and Chubb unveil digital disability insurance

Chubb, a multinational insurer operating across property, casualty and life segments, has partnered with Insify, a financial security platform for freelancers and SMEs, to...
mea Platform, an AI-driven (re)insurance technology provider, has been selected by BMS Group, an independent (re)insurance broker with a strong international presence, to deploy its Broking Operations products and enhance placement efficiency through digital transformation.

mea Platform powers BMS AI-driven broking workflows

mea Platform, an AI-driven (re)insurance technology provider, has been selected by BMS Group, an independent (re)insurance broker with a strong international presence, to deploy...
BYD, a global leader in new energy vehicles, has partnered with bolttech, an InsurTech specialising in embedded insurance, to deliver integrated motor insurance solutions for electric vehicle customers across Europe, starting with the UK and expanding into Italy, France, Germany and Spain.

BYD selects bolttech for embedded EV insurance rollout

BYD, a global leader in new energy vehicles, has partnered with bolttech, an InsurTech specialising in embedded insurance, to deliver integrated motor insurance solutions...
ViteSicure, an InsurTech specialising in life and personal protection, has raised €2.5m in the first tranche of its Series A funding round, with backing from new investors including Ad4Ventures and Net Insurance, to accelerate its growth strategy and scale operations.

ViteSicure advances growth with €2.5m raise

ViteSicure, an InsurTech specialising in life and personal protection, has raised €2.5m in the first tranche of its Series A funding round, with backing...
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