Sector Updates

Revolut dips its paw into pet insurance

Revolut has expanded its market presence after entering the InsurTech market through the launch of a pet insurance product.

Betterfly becomes first Latin American social unicorn

Betterfly, which claims to have become the first Latin American “social” unicorn, has raised $125m in its Series C funding round.Glade Brook Capital led...

Greenlight Re unveils InsurTech syndicate

Greenlight Re Innovations (GRI) – part of Greenlight Capital – is to establish an InsurTech focused syndicate to support its growing portfolio of InsurTechs.

Parsyl secures Series B to improve risk management for supply chains

Parsyl, a data-powered insurer of essential supply chains, has raised $25m in Series B funding.

Tractable opens doors to Brazilian insurers

InsurTech Tractable is expanding its operations in Brazil following partnerships with Mapfre and Atos in the region.

TVM and Fixico team up to digitalise vehicle repair management

Fixico, digital car repair management platform, has partnered with transport and logistics vehicle insurer TVM Belgium to digitalise vehicle repair management.

Petriage and Crum & Forster to deliver connected care platform

Petriage, a pet health technology company, has partnered with Crum & Forster Pet Insurance Group, provider of the ASPCA pet health insurance programme, to provide AI-powered pet health tools.

Climate change-focused InsurTech Descartes Underwriting secures $120m

Descartes Underwriting, which is helping insurers address climate and emerging risks, has secured $120m in its Series B.

Koala and KAYAK to provide “no-nonsense” travel insurance

KAYAK, a travel search engine, has partnered with InsurTech Koala to provide a digitised travel protection platform in Europe.

Plum Life and London Underwriters join forces for life insurance

InsurTech Plum Life has entered into a distribution agreement with London Underwriters that will give the company’s 8,000 wholesale property and casualty agents access to Plum Life’s digital selling platform.

News Stories

Producer licensing is one of those parts of insurance that tends to stay in the background until it starts slowing everything else down. As carriers expand their agent networks, the process of onboarding producers, managing appointments, and maintaining compliance records often still depends on fragmented systems and manual intervention.

Fixing the producer bottleneck in insurance distribution

Producer licensing is one of those parts of insurance that tends to stay in the background until it starts slowing everything else down. As...
Simply Business, a digital insurance marketplace, has launched a business insurance app on ChatGPT in the US, alongside a separate rollout in the UK.

Simply Business brings small business insurance pricing into ChatGPT

Simply Business, a digital insurance marketplace, has launched a business insurance app on ChatGPT in the US, alongside a separate rollout in the UK. The...
Cytora, a digital risk processing platform, has announced a strategic relationship with LexisNexis Risk Solutions to embed advanced data and analytics into its platform for US commercial insurers.Cytora, a digital risk processing platform, has announced a strategic relationship with LexisNexis Risk Solutions to embed advanced data and analytics into its platform for US commercial insurers.

Cytora partners LexisNexis to enhance US commercial underwriting

Cytora, a digital risk processing platform, has announced a strategic relationship with LexisNexis Risk Solutions to embed advanced data and analytics into its platform...
INSTANDA, a no-code insurance platform provider, has partnered with DataCrest, a workflow solutions firm, to enhance submission intake and quoting efficiency for insurers and MGAs.

INSTANDA and DataCrest team up to streamline insurance submissions

INSTANDA, a no-code insurance platform provider, has partnered with DataCrest, a workflow solutions firm, to enhance submission intake and quoting efficiency for insurers and...
Openly, a tech-enabled homeowners insurance provider, has secured a growth investment round led by existing investors Eden Global Partners, Advance Venture Partners and Gradient, with strategic participation from Allianz X.

Openly boosts expansion plans with funding and Allianz Re deal

Openly, a tech-enabled homeowners insurance provider, has secured a growth investment round led by existing investors Eden Global Partners, Advance Venture Partners and Gradient,...
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