Sector Updates

InsurTech startup Ledger Investing lands $75m

InsurTech startup Ledger Investing has raised $75m in Series B funding led by WestCap to democratise insurance risk capital.

Novidea to streamline the COI process with Certificial

Novidea, the creator of a born-on-the-cloud, data-driven platform optimizing the entire insurance policy and distribution lifecycle, has partnered with Certificial, a Certificate of Insurance (COI) platform, to transform the legacy process of COI issuance.

OpenSpace and InsurTech Shepherd join forces to serve construction industry

OpenSpace, an AI technology company on a mission to provide transparency in the construction and real estate industry, has partnered with commercial insurance provider Shepherd.

Swiss InsurTech dacadoo teams with Daido Life to support new product

Swiss InsurTech company dacadoo has licensed its Risk Engine solution to Japan-based Daido Life, for the development of the new product, KENCO+.

Flood InsurTech Previsico partners with Zurich for UK public sector

Previsico, the live flood warning InsurTech, and Zurich Municipal have partnered to boost flood risk resilience across the UK public sector.

Why insurers need to know about behavioural analytics

Artificial intelligence applied to big data has opened many doors for various industries. One of the applications of AI and big data is behavioural analytics. Insurers would do well to leverage this and make it a priority.

Intact Insurance to acquire Tokio Marine’s Highland Insurance

Intact Insurance Group, also known as Intact Insurance Specialty Solutions, has entered into a definitive agreement to acquire Highland Insurance solutions, the US construction division of Tokio Marine Highland.

Omio rides the global travel wave with $80m fresh funding

Omio, a ground transportation platform and travel insurer, has raised $80m amid surging travel.

Rivet pulls in $20.5m in Series B raise

Rivet, a healthcare billing platform, has scored $20.5m in a Series B round led by Catalyst Investors.

Openly secures $75m to empower independent insurance agents

Openly, a technology-enabled provider of premium homeowners’ insurance through independent agents, has raises $75m in Series C funding.

News Stories

MoneySuperMarket, the UK’s most recommended price comparison service, has expanded its ChatGPT app to include home insurance, pet insurance, credit cards and personal loans, enabling users to re-run quotes and compare financial products directly within the ChatGPT interface.

MoneySuperMarket adds home, pet insurance to ChatGPT app

MoneySuperMarket, the UK’s most recommended price comparison service, has expanded its ChatGPT app to include home insurance, pet insurance, credit cards and personal loans,...
Mehrwerk, a data-driven provider of cashback and lifestyle protection services, and bolttech, a global InsurTech specialising in embedded insurance, have formed a strategic partnership to expand embedded insurance and value-added services across Germany and international markets.

Mehrwerk teams with bolttech to expand embedded services

Mehrwerk, a data-driven provider of cashback and lifestyle protection services, and bolttech, a global InsurTech specialising in embedded insurance, have formed a strategic partnership...
Markel Insurance, the insurance division of Markel Group Inc., has launched PlayMicro in Canada via its digital platform Markel Connect, a broker-focused portal for specialty insurance solutions.

Markel brings PlayMicro portal to Canadian brokers

Markel Insurance, the insurance division of Markel Group Inc., has launched PlayMicro in Canada via its digital platform Markel Connect, a broker-focused portal for...

Ripe debuts ChatGPT app for instant cycling cover quotes

Ripe, a UK-based digital managing general agent (MGA) specialising in niche insurance products, has launched a new ChatGPT app for its cycling insurance brand...
Leading P&C insurer Duck Creek Technologies has launched an insurance-native agentic AI platform designed to embed intelligent automation across the insurance lifecycle.

Duck Creek unveils agentic AI platform to boost automation

Leading P&C insurer Duck Creek Technologies has launched an insurance-native agentic AI platform designed to embed intelligent automation across the insurance lifecycle. The platform aims...
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