Sector Updates

Hub and Bold Penguin to acquire Insureon Holdings for insurance innovation

Global insurance brokerage and financial services firm Hub International and InsurTech Bold Penguin is to acquire Insureon Holdings.

Aon in Tyche take-over for re-insurance

Aon, a global professional services firm, has acquired actuarial software platform Tyche from technology and software firm RPC Tyche.

Reinvention, decacorns, gender equality – all eyes are on InsurTech

As the industry undergoes a third wave of transformation, investors are following the InsurTech space closely. “InsurTech Queen” Sabine VanderLinden provides her insight to FinTech Global on reinvention, decacorns, and gender imbalances in the industry.

Kin lands Series D for modern home insurance

Kin Insurance, a direct-to-consumer home insurance company, has raised $82m in Series D funding.

Automated underwriter Pendella Technologies nabs Series Seed-2

Pendella Technologies, which helps firms automate underwriting, has collected Series Seed-2 funding round.

InsurTech startup Counterpart scores $30m in its Series B

Counterpart, which stylises itself as the management liability InsurTech, has scored $30m in its Series B funding round.

Howden responds to increasing wildfire risks

International insurance broker Howden has launched a Wildfire Excess Liability Lineslip (WELL) in response to the increasing need for insurance cover for contractors and subcontractors operating in wildfire-prone areas in the US, such as California, Washington, Oregon and Arizona.

Otonomo acquires The Floow for data-driven insurance

Otonomo Technologies, a mobile intelligence company, has entered into a definitive agreement to acquire connected insurance technology provider The Floow.

MAPFRE issues call to InsurTechs

MAPFRE has launched a fast-track-to-market programme to attract initiatives from around the world that want to grow in the insurance market.

CyberCube and Duck Creek partner to bolster cyber underwriting

Cyber risk analytics specialist CyberCube has partnered with Duck Creek Technologies a leading provider of software-as-a-service (SaaS) insurance core systems, to streamline the underwriting of cyber insurance policies.

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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