Sector Updates

Insurely secures Series A to digitise insurance market

Sweden-based InsurTech Insurely has raised €19m in Series A funding led by New York-based global private equity and venture capital Insight Partners.

Nationwide and NeuralMetrics partner for small commercial insurance quoting

Insurance and investment platform Nationwide has partnered with InsurTech NeuralMetrics to help agents serving the small commercial insurance segment save time in the quoting process.

Singapore-based InsurTech Igloo nets $19m

InsurTech company Igloo has closed its Series B funding round on $19m, as it looks to bolster its presence in Southeast Asia.
AllianzX-acquire-InsurTech-simplesurance-embedded-insurance

Allianz X to take over simplesurance

Allianz X, the digital investments arm of Allianz Group, is to acquire 100% of the shares in InsurTech simplesurance.

Talage secures $9m to deliver P&C quotes

Talage, a provider of digital distribution software solutions for commercial insurance, has raised $9m in its latest funding round.

Forma lands $40m Series B

Life benefits platform Forma has raised $40m in Series B funding in a mission to transform employee benefits for the modern workforce.

Aviva and Zego partner for fleet insurance

Commercial motor insurer Zego has entered into a multi-year partnership with Aviva, to provide tailored fleet policies to trades and haulage businesses.

FRISS in Polonious take-over to protect insurance industry

FRISS, a fraud, risk and compliance solution for P&C insurers, has acquired Polonious Insurance Investigations.

Verisk teams up with Ford to supply data to European insurers

Global data analytics provider Verisk, has partnered with Ford Motor Company to offer standardised insurance-ready connected car data in Europe.

The 5 technology trends taking health insurance by storm

Like many areas of insurance, the healthcare space is in a big period of change. Cloud Insurance has highlighted the five emerging technology trends in the space that could really disrupt the sector.

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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