Sector Updates

Propeller to boost surety offering with SIAA

Propeller, an InsurTech MGA specialising in surety bonds, has entered into an agreement with SIAA, the largest alliance of independent insurance agencies in the US, to serve as a surety partner to their member agencies through the SIAA MarketFinder portal.

InsurTech NEXT Insurance and Evident to support small business insurance

InsurTech NEXT Insurance, which is on a mission to transform small business insurance, has teamed up with provider of third-party insurance verification services Evident, to provide NEXT's tailored insurance solutions to the small businesses that Evident verifies.

Corvus gets further support from SiriusPoint and R&Q

Corvus Insurance, a specialty insurance MGA offering Smart Commercial Insurance products powered by AI-driven risk data, has expanded its partnership with global specialty insurer and reinsurer SiriusPoint and R&Q Accredited, a programme management solution provider.

Builders opts for Gradient AI for a “complete picture of risk”

Mutual insurance company Builders had adopted technology from Gradient AI, an enterprise software provider of artificial intelligence (AI) solutions to the insurance industry.

Italian InsurTech startup Wallife scores €12m in its Series A

Italian InsurTech startup Wallife has nabbed €12m in its Series A funding round, which it claims is the seventh largest in Europe in the sector during 2022.

Cover-More Group leverages Dubber’s call recording technology for auditing

Australia-based Cover-More Group, which offers global travel insurance assistance, has leveraged Dubber’s call recording technology for auditing, compliance and legal purposes.

InsurTech Gateway sets out to close InsurTech funding gap with Seed Fund II

Insurtech Gateway, a champion of early-stage InsurTech startups, has completed the first close of its Seed Fund II which will support 20 teams over the next four years from pre-seed to Series A.

Zesty.ai pulls in $33m for AI-driven property risk

Zesty.ai, a provider of property risk analytics solutions powered by artificial intelligence (AI), has raised $33m in conjunction with their Series B led by Centana Growth Partners.

Amwins launches wildfire insurance products for California

Amwins Access, a binding and brokerage platform for small property & casualty (P&C) personal lines accounts, has launched two excess wildfire products for residential properties in California.

Generali teams up with Previsico to boost flood response readiness

Generali Global Corporate & Commercial (GC&C) has partnered with flood alert InsurTech Previsico to enhance clients’ flood emergency response readiness.

News Stories

Marsh launches Stratus, $10bn digital infrastructure cover

Marsh launches Stratus, $10bn digital infrastructure cover

Marsh, the global risk, reinsurance, capital, people and investment and management consulting group, has introduced Stratus, a property insurance exchange built to address the...
Inszone Insurance acquires Aviza Insurance Agency

Inszone Insurance acquires Aviza Insurance Agency

Inszone Insurance Services, a fast-growing national provider of commercial, personal, and benefits insurance, has acquired Aviza Insurance Agency, a long-standing Michigan agency known for...
Hippo grows homeowners insurance reach to 22 US states

Hippo grows homeowners insurance reach to 22 US states

Hippo Holdings, a technology-native insurance group that diversifies risk across personal and commercial lines through its carrier platform, has confirmed plans to widen the...

CAM Group picks NeoXam GP4 to modernise accounting

NeoXam, a global provider of software solutions spanning data management, investment accounting, portfolio management, valuation, reporting and reconciliation, has been chosen by CAM Group,...
Corgi and Trucker Path launch route-data cover

Corgi and Trucker Path launch route-data cover

Corgi Insurance, a full-stack commercial insurance platform, and Trucker Path Insurance, the insurance arm of the widely used trucking navigation app Trucker Path, have...
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