Sector Updates

InsurTech Vertafore snaps up AgencyZoom for undisclosed fee

Insurance technology enterprise Vertafore has acquired Ohio-based sales automation platform for insurance agents AgencyZoom.

CAPE Analytics and Socotra team up to help modernise underwriting

AI-powered property intelligence provider CAPE Analytics is partnering with Socotra, a cloud-native insurance platform.

India-based Clinikk nets pre-Series A capital

India-based InsurTech platform Clinikk has secured $4m in its pre-Series A funding round

Rental property InsurTech Steadily lands new funding

Landlord insurance company Steadily has reeled in $27.2m from a capital raise led by Matrix Partners and Zigg Capital.

Huge majority of insurance executives see climate as key investment risk

A BlackRock study has found that 95% of (re)insurance executives are concerned climate risk will have a significant impact on portfolio construction over the next two years.

Locket and Boundary unite to innovate home insurance

InsurTech Locket has partnered with Edinburgh-based smart home security company Boundary to offer customer-centric home protection.

Ambiental, WhenFresh broaden alliance to expand climate data offering

Flood risk specialist Ambiental has extended its partnership with property data firm WhenFresh to offer the former’s FloodScore Climate data set on WhenFresh’s API.

Agribusiness insurer The Exchange partners with OneShield

Southern States Insurance Exchange (The Exchange) has chosen OneShield Software's SaaS offering, OneShield Market Solutions, to replace its legacy policy management system.

Root makes ground in South Africa with seed close

South Africa-based Root, as it looks to enter new markets, has collected $3m in its seed round funding.

Zurich American Insurance enters deal to acquire accident InsurTech SIS

Zurich American Insurance Company (ZAIC) is set to acquire medical and occupational accident insurance firm Special Insurance Services (SIS) for an undisclosed amount.

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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