Sector Updates

Previsico and GWTInsight to tackle flood risk for commercial properties

Previsico, the live flood alert InsurTech, has partnered with GWTInsight, a commercial building data services company, to help insurers work closely with their property owner clients to mitigate the risk of surface water flood damage.

Accelerant embarks on European expansion with Brussels HQ

Accelerant, an InsurTech platform that aims to empower underwriters with superior risk exchange and data analytics, coupled with long-term capacity commitments, has opened EU headquarters in Brussels.

InsurTech Stere poised for growth in Latin America

Stere, a digital ecosystem specialising in capacity sourcing and digital capabilities for embedded insurance partners and MGAs, has expanded its operations to the Latin American insurance market.

Marsh bolsters ESG reporting with Beazley

Specialist insurer Beazley is to offer clients that opt in to Marsh’s Environmental, Social, and Governance (ESG) Risk Rating (ERR), global access to additional capacity through its Lloyd’s of London Syndicate 4321, subject to the ERR score meeting Beazley’s threshold.

Sandbox InsurTech Ventures backs Confianza’s seed round

Confianza, a provider of comprehensive data analytics and machine learning to insurance agents, brokers, and carriers throughout the US, has closed a seed funding round.

Aura launches hurricane parametric cover in the Caribbean

Aura Underwriting, the specialist Caribbean catastrophe managing general agent of Rokstone Group, has launched a Caribbean parametric product to complement its existing Lloyd’s Caribbean binder.

InsurTech Gigaforce unveils claims bot for touchless experience

Gigaforce, an InsurTech provider of a SaaS-based, blockchain-optimised, claims platform, has launched a claims intake bot, Gigabot, for a “near touchless claims experience” in insurance.

Finclusion backs Kenyan InsurTech mTek

mTek, a Kenya-based InsurTech that provides a digital insurance platform, has raised $3m in debt and equity, including a commitment from African-focused FinTech platform Finclusion Group.

WTW launches price inflation tool for auto insurers

Willis Tower Watson (WTW), in partnership with Solera Audatex, has launched a price inflation forecasting tool for auto insurers.

Zurich to sell life insurance portfolio to Viridium

Zurich Insurance Group, is to sell its legacy traditional life insurance back book in Germany to Viridium Holding AG, a specialist in the management of life insurance portfolios in Germany.

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...
227198

60,000+ InsurTech leaders get exclusive insights delivered every week