Sector Updates

iink Payments bags $2.8m to streamline insurance claim payments

iink Payments bags $2.8m to streamline insurance claim payments

Digital payments network iink Payments has closed its seed round on $2.8m, which was led by Motivate Venture Capital.

AFCO joins InsurTech Vertafore’s initiative

AFCO, a provider of insurance premium finance, billing and payment solutions, has joined InsurTech Vertafore’s Orange Partner Program.

Buckle partners with CMT for telematic auto insurance

Buckle, a tech-enabled financial services company, has partnered with Cambridge Mobile Telematics (CMT), to bring its telematic platform to gig economy drivers.

InsurTech Policygenius nabs $125m after 2 years of strong growth

Policygenius, a digital insurance platform, has collected $125m in funding, as it capitalises on two years of strong growth.

Munich Re and Netradyne join forces for safe driving technology

Netradyne, a startup that uses AI and data to provide fleet safety solutions, has teamed up with Munich Re to provide its Driver•I technology within Munich Re’s Smart Mobility Program.

Onuu raises $6m for financial security mission

Onuu, an Austin-based provider of banking and insurance solutions, has raised $6m in Seed A funding led by Latinx-led VC Leap Global Partners.

APOLLO and Livelii bolster insurance offering to independent workforce

Canada-based online policy provider APOLLO Insurance Solutions has partnered with Livelii to offer immediate digital products, specifically tailored to the independent workforce of Canada.

Mile Auto and Verisk to reduce premiums for low-mileage drivers

InsurTech Mile Auto has integrated telematics solutions from Verisk, a global data analytics provider, to help low-mileage drivers easily access affordable usage-based car insurance.

TNEDICCA lands funding for data-driven auto insurance coverage

TNEDICCA, a provider of location-based traffic crash intelligence and predictive analytics for insurance pricing, has closed a $1.75m Series A funding round.

MetLife and LifeBalance launches discount programme

In partnership with LifeBalance, a discount network for employees and health plan members, MetLife has launched a rewards programme to its insurance policy holders.
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Latest Analysis

News Stories

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...
The first wave of the InsurTech revolution has delivered significant innovation, but it has also left critical structural gaps unresolved. Over the past decade, the sector has made notable progress in areas such as digital distribution, API connectivity, embedded insurance, and the modernisation of agency management systems. However, beneath these advancements lies a growing concern, according to Producerflow.

InsurTech’s data gap threatens AI ambitions

The first wave of the InsurTech revolution has delivered significant innovation, but it has also left critical structural gaps unresolved. Over the past decade,...
Liberty Mutual has partnered with life insurance technology company Ethos to expand its direct-to-consumer life insurance offering in the US.

Ethos and Liberty Mutual team up to deliver fully digital life insurance

Liberty Mutual has partnered with life insurance technology company Ethos to expand its direct-to-consumer life insurance offering in the US. The collaboration will see Liberty...
Volkswagen Financial Services UK, the financial arm of the group, has appointed InsurTech firm Wrisk Transfer Limited as its preferred insurance provider for Volkswagen Commercial Vehicles.

VWFS UK selects Wrisk as preferred insurance partner for commercial vehicles

Volkswagen Financial Services UK, the financial arm of the group, has appointed InsurTech firm Wrisk Transfer Limited as its preferred insurance provider for Volkswagen...
Transamerica, a life insurer, has partnered with global reinsurer Swiss Re to modernise its claims experience.

Transamerica and Swiss Re collaborate on digital claims transformation

Transamerica, a life insurer, has partnered with global reinsurer Swiss Re to modernise its claims experience. The initiative will see Transamerica adopt Swiss Re’s PromiseXP...
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