Sector Updates

Lemonade sells Metromile’s Enterprise Business

Lemonade, the digital insurance company that leverages AI technology has sold Metromile’s Enterprise Business Solutions (EBS) to digital insurance platform EIS.

Duck Creek and Whatfix to improve operations for insurance carriers

Duck Creek Technologies, provider of insurance software to the P&C industry, has partnered with Whatfix an SaaS platform to enhance insurance carriers' claims management software.

Convelio raises Series B for fine art transport solutions

Convelio, which provides door-to-door shipping solutions for fine art, including insurance, has raised $35m in Series B funding.

Poland’s oldest insurer teams with Tractable to improve auto insurance claims

Central and Eastern European financial institution PZU has signed a deal to leverage the AI technology of InsurTech platform Tractable to improve its vehicle damage assessments.

Nuon secures funding for smart AI in insurance

Nuon, an InsurTech leveraging AI in the insurance pricing process, has raised £1m in an oversubscribed pre-seed funding round.

Verisk acquires AIS for automated motor liability

Verisk, a global data analytics provider, has acquired Automated Insurance Solutions (AIS), a UK-based InsurTech to add motor liability decision automation to its claims ecosystem.

Duck Creek joins forces with Glia for digital-first customer approach

Duck Creek Technologies, global technology solutions provider to the P&C insurance industry, has partnered with provider of digital customer services (DCS) Glia.

Embedded Insurance: the future of insurance distribution

The pandemic-fuelled shift to online purchasing and increased demand for digital gave new impetus to embedded insurance products. This trend is presenting insurers with an invaluable opportunity to scale and improve their distribution.

INSHUR partners with Five Sigma

InsurTech company INSHUR has bolstered its UK in-house claims operations through a new deal with Five Sigma, a cloud-native claims management solutions provider.

Sureify and Socotra join forces for life insurance

InsurTech Sureify has partnered with Socotra, a provider of a cloud-native platform for insurers, to strengthen digital capabilities in the life insurance industry.

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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