Sector Updates

WTW warns of motor claims inflation

UK motor claims inflation is on the rise and expected to accelerate further into 2022, according to data from WTW.

InsurTech CarrierHQ enlists InMotion Global to improve access to trucking insurance

Indianapolis-based InsurTech CarrierHQ has partnered with InMotion Global, maker of AscendTMS, to improve access to trucking insurance.

Ascend partners with IIANC to empower independent insurance agents

Ascend, a modern insurance payments platform, has partnered with Independent Insurance Agents of North Carolina (IIANC), to be its payments and financing platform for its members.

InsurTech Tensorflight to deploy Airbus’ satellite imagery for property insurance market

InsurTech Tensorflight, which uses AI technology, aerial and street view imagery to provide property data, has partnered with the Intelligence Business of Airbus Defence and Space, a global provider of geospatial data.

InsurTech continues strong performance in last week’s funding roundup

FinTech Global reported on 36 funding rounds in the FinTech sector this week, with the FinTech and InsurTech market seeing considerable investment.

InsurTech firm Element lands €21.4m financing

InsurTech Element has scored €21.4m in a Series B round headed by the Versorgungswerk Zahnärztekammer Berlin.

Thai Life Insurance lands $1bn from IPO

Thai Life Insurance has reportedly raised $1bn from an initial public offering (IPO) in Thailand.

InsurTech Betterview and Nearmap to up insurer response time in crises

Betterview, an InsurTech provider of actionable intelligence to property and casualty (P&C) insurance companies, has partnered with locations intelligence and aerial imagery company Nearmap.

Policygenius partners with Facet Wealth for “more secure financial futures”

Policygenius, a platform for comparing and buying insurance, has partnered with Facet Wealth, a FinTech company offering unbiased, personalised advice that “integrates into every facet of life.”

Ivans and Duck Creek to revolutionise the commercial lines distribution process

Ivans, an industry network for insurance professionals, has expanded its partnership with Duck Creek Technologies, to integrate and oboard its carrier customers to the Ivan Distribution Platform.

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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