Sector Updates

Amazon moves into UK business insurance market with Superscript deal

Retail giant Amazon will begin offering insurance to UK SMEs through a partnership with broker Superscript.

GCash, Igloo team to offer online shopping insurance to customer base

Filipino FinTech GCash has partnered with InsurTech Igloo to help support its large customer base with bolstered online shopping protection insurance.

Underwriter Helios snaps up North Breache in £3.9m deal

Helios, an investment and underwriting arm of Lloyds of London, has acquired North Breache Underwriting in a deal worth a total of £3.9m.

CDK Global pens deal to buy InsurTech Salty Dot

Auto insurance firm CDK Global has signed a deal to purchase InsurTech company Salty Dot for an undisclosed fee.

Cogévie teams with FRISS for anti-fraud services

Cogévie, a group health and welfare contract management firm, has teamed up with fraud prevention software developer FRISS to bolster its protections.

Swiss Re teams with Claim Genius to unveil AI solution for motor claims

Swiss Re has partnered with InsurTech firm Claim Genius to introduce an AI-powered solution for motor claims.

BOXX secures $10m to grow international presence

Cyber insurance platform BOXX has collected $10m in its Series A funding round, as it looks to expand its international footprint.

Just Insure looking to enter new US states after funding round

Pay-per-mile insurance technology developer Just insure has netted $8m in a funding round, which will help it move into additional US states.

InsurTech unicorn bolttech extends its Series A

InsurTech unicorn bolttech, which develops insurance software, has extended its Series A round by another $30m.

Specialty finance firm Gracie Point closes $75m equity round

Gracie Point has secured closed a $75m issuance of preferred equity with investments from affiliates of Hudson Structured Capital Management (HSCM) and Kuvare.

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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