Sector Updates

Ex-Lazada execs’ insurance marketplace Lifepal fetches $9m in funding

Indonesian digital direct-to-consumer (D2C) insurance marketplace Lifepal raised an oversubscribed $9m Series A funding round, bringing the total capital raised to $12m.

Mosaic, DXC team to launch new speciality InsurTech platform

Mosaic Insurance and end-to-end IT services firm DXC Technology have partnered to launch a new insurance technology platform.

TrustLayer snares $15m to expand insurance verification platform

InsurTech firm TrustLayer has pulled in $15.1m from a Series A funding round led by Craft Ventures.

Acrisure teams with Quotall to offer consolidated insurance solution

Insurance broker Acrisure has entered a strategic partnership with fellow InsurTech Quotall.

InsurTech startup Quotall exceeds crowdfunding target

InsurTech company Quotall has exceeded the target of its crowdfunding campaign, pulling in £356,581, at the time of writing.

MTN, Sanlam partner to expand insurance cover offering in Africa

South African telecommunications giant MTN has teamed with financial services business Sanlam to provide insurance products to subscribers of MTN in Africa.

CBIRC demands insurance company self-checks in management crackdown

The China Banking and Insurance Regulatory Commission (CBIRC) has called on online insurance firms to conduct self-assessments to identify violations and make corrections.

Why behavioural analytics should be a top priority for insurers

With customer demands changing to become more focused on flexibility and personalisation, behavioural analytics is the key to help insurers meet this need.

Car InsurTech Marshmallow set to be latest British unicorn after reported new cash injection

Marshmallow Financial Services is soon to raise its latest fundraising round, bringing its valuation to $1.2bn, joining the ranks of other recent UK unicorns Starling Bank, Gousto and Zego.

HSBC Insurance enters agreement to buy AXA Singapore for $575m

HSBC Insurance is set to acquire the Singaporean arm of global insurer AXA in a deal worth $575m.

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,...
224931

60,000+ InsurTech leaders get exclusive insights delivered every week