Sector Updates

Allianz teams with Cytora to power digital insurance

Allianz has entered into an agreement with London-based InsurTech Cytora to enhance Allianz’s commercial insurance business with AI-based digital risk processing solutions.

Zurich Insurance acquires AlphaChat to enhance customer experience

Zurich Insurance Group will acquire Estonia-based company AlphaChat, which provides conversational artificial intelligence (AI) technology for customer service automation.

Stere secures funding for a more digital insurance supply chain

Stere, a digital ecosystem for insurance programmes, has closed its $2m seed funding round.

Herald lands funding as it powers innovative insurance

Herald, a digital infrastructure that connects software developers to commercial insurance carriers through a single API, announced today that it has raised $8m in a funding round led by Lightspeed Venture Partners.

Buckle gears-up gig worker insurance

Buckle is extending its signature rideshare and delivery auto insurance to those who drive in various US regions for leading companies including Uber, Lyft, Instacart, Amazon Flex, Uber Eats, Grubhub, Favor, and others.

Insured Nomads teams up with Peanut for easier travel

US-based travel and global health insurance provider Insured Nomads has partnered with Peanut, a Google Chrome extension that helps travellers see important information about...

Ryanair and Cover Genius in travel insurance alliance

Digital insurer Cover Genius has teamed up with European airline Ryanair to offer its customers comprehensive travel protection, integrated directly into the booking flow...

LuckyTruck backed by SiriusPoint to transform trucking insurance

Digital broker and aggregator specialising in commercial trucking insurance LuckyTruck has entered into a strategic partnership with global specialty insurer and reinsurer SiriusPoint, which...

Climate InsurTech gets backing to transform agriculture insurance

Luxembourg-based climate InsurTech IBISA has raised €1.5m in a seed round led by InsurTech Gateway. Other strategic co-investors also participated in the round, including Rockstart’s...

InsurTech Genasys to scale up with Frog Capital

South Africa-based insurance software solutions provider, Genasys, has received $16m from leading software scale-up investor, Frog Capital. The investment will see Frog take a significant...
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Latest Analysis

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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