Sector Updates

Transverse Insurance unveils InsurTech fund

Transverse Insurance Group, a property & casualty (P&C) carrier, has launched a venture capital fund, Transverse Ventures Fund I, that will focus on early-stage investments in insurance and InsurTech.

Surer addresses insurers pain points

Singapore-based InsurTech firm Surer has released an improved version of its platform to enhance its digital ecosystem.

Women in InsurTech: climbing the corporate ladder

What can businesses and advocates do to improve the diversity and inclusion ratio of women in insurance, particular in leadership roles? Novidea recently spoke to three successful women in the industry about their experiences climbing to the top.

Nigerian InsurTech ETAP pulls in $1.5m

Nigerian InsurTech startup ETAP, which aims to make it easier to buy car insurance and make claims, has raised $1.5m in pre-seed funding.

Ohio Mutual to deploy Pinpoint Predictive platform for insurers

Pinpoint Predictive, which provides “predictive power” to carriers and MGAs, has partnered with Ohio Mutual Insurance Group, to use applied data and analytics to more accurately predict and evaluate loss risk for the mutual insurer.

Loop collects $25m for Indian health insurance

Loop, an Indian healthcare and insurance startup has raised $25m in a Series B round co-led by General Catalyst and Elevation Capital.

Tractable and Mitchell to roll-out touches claims in North America

InsurTech Tractable has enhanced its collaboration with Mitchell, an Enlyte company and leading technology and information provider for the property and casualty (P&C) insurance and collision repair industries.

InsurTech SafetyWing inks $35m Series B

Insurance firm SafetyWing has secured $35m in a Series B funding round led by European growth investor Kinnevik.

Travel InsurTech baoba to roll out Blink Parametric solution

Blink Parametric, has entered into a partnership with baoba, a global travel InsurTech to launch a flight disruption solution.

InsurTech Insoore scores €5.5m

Italian InsurTech Insoore has raised €5.5m in a recent funding round to boost video and photograph-based claim management.

News Stories

H.W. Kaufman Group has partnered with InsurTech firm Optalitix to scale its London Market operations through its Burns & Wilcox platform.

Kaufman expands London Market capabilities through Optalitix

H.W. Kaufman Group has partnered with InsurTech firm Optalitix to scale its London Market operations through its Burns & Wilcox platform. The collaboration will enable...
Consumer trust in insurance providers is rising across multiple sectors, with car and travel insurance recording the strongest gains.

Insurance trust surges as claims satisfaction hits highest level since 2019

Consumer trust in insurance providers is rising across multiple sectors, with car and travel insurance recording the strongest gains. The improvement comes as claims satisfaction...
Allianz UK and LV= have agreed a new multi-year partnership to continue distributing home, motor and pet insurance under the LV= brand.

Allianz UK and LV= extend partnership for insurance distribution

Allianz UK and LV= have agreed a new multi-year partnership to continue distributing home, motor and pet insurance under the LV= brand. The agreement supports...

UNIQA taps InsurTech bsurance for embedded insurance push

Austrian InsurTech UNIQA has partnered with bsurance to launch an embedded insurance platform domestically. The collaboration will enable UNIQA to integrate insurance products directly into...
Leak detection technology has long been a staple across commercial buildings, data centres and critical infrastructure, helping organisations identify water ingress before it causes costly disruption. Traditional systems, particularly those using leak detection cables, have offered a relatively simple monitoring solution. However, these systems typically rely on fixed alert thresholds, which often fail to reflect the variability of real-world environments. As a result, while detection capabilities exist, their reliability has frequently been called into question.

Why traditional leak detection systems falter in real environments

Leak detection technology has long been a staple across commercial buildings, data centres and critical infrastructure, helping organisations identify water ingress before it causes...
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