Sector Updates

Tower Insurance taps Allianz for pet insurance offering

Auckland-based insurance company Tower Insurance has teamed with Allianz Partners to offer pet insurance for cats and dogs.

Humn recruits Walsingham Motor Insurance to lower prices

London-based Humn, which provides real-time data-driven fleet insurance, has acquired Walsingham Motor Insurance Limited (WMIL).

MetLife and YuLife join forces for life insurance

Global insurer MetLife UK and tech-driven insurance company YuLife have entered into a partnership which will see MetLife become an underwriter for YuLife’s Group Life cover policies.

Akur8 to bolster ERGO’s travel insurance pricing

AI-powered insurance pricing software developer Akur8 has teamed up with Munich-based ERGO travel insurance, to enhance its pricing approach.

Oracle in Cerner take-over to transform healthcare

US-based software company Oracle has entered into an agreement to acquire global electronic health record provider Cerner, in a deal worth around $28.3bn.

Overjet bites into more funding

Overjet, a company developing dental artificial intelligence software, has raised $42.5m in Series B financing led by General Catalyst and Insight Partners.

Monument Assurance Belgium finalises Integrale purchase

Monument Assurance Belgium (MAB) has completed the acquisition of the entire insurance portfolio and personnel of pension and life insurance firm Intergrale.

Small businesses need support more than ever, NEXT Insurance reveals

InsurTech NEXT Insurance, which provides small business insurance, has reported that 73% of retail small businesses are experiencing negative impacts to their business caused by supply chain issues.

2021 in retrospect: how has the InsurTech industry fared?

The InsurTech industry thrived during what was still a very difficult year for many. However, companies have had to adapt to changing market conditions....

Broker Insights lands £6m Series A to accelerate international expansion

Searchable insurance platform Broker Insights has secured £6m from a Series A funding round led by Mercia Asset Management.

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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