Sector Updates

Why investors are betting on crypto firms and InsurTechs based on the 22 rounds...

Last week proved to be profitable in terms of FinTech investment, with the rounds revealing the state of cryptocurrency and InsurTech sectors.

Akur8 expands European presence with pair of partnerships

AI-powered Insurance pricing software developer Akur8 has expanded its European presence through a partnership with VIG Poland entities, Beesafe and Compensa.

Pineapple said to close Series A after 200% growth in six months

South Africa-based InsurTech company Pineapple has reportedly netted $3.4m in its Series A funding round, after experiencing 200% growth in six months.

South African InsurTech Ctrl rakes in $2.3m investment

Short-term insurance advice provider Ctrl has secured a $2.3m investment from business funder Naspers Foundry.

Irish Insurance firms team to unveil new InsurTech hub

A new InsurTech hub has opened in Ireland after 12 key players in the native insurance market collaborated to make it a reality.

Bolttech bolsters market reach with I-surance acquisition

Singaporean InsurTech Bolttech has purchased European business-to-business-to-consumer fellow InsurTech I-surance for an undisclosed fee.

Sapiens And Munich Re join forces to help insurers target the commercial insurance market

Munich Re has teamed up with Sapiens International to help primary insurers better target the commercial insurance market and aid post-Covid economic revival.

Why a strategic approach to data integration is key for mergers & acquisitions in...

Establishing a strategic approach to data integration is key to tackling the steady rise of M&A in insurance as well as accelerating the company's digital transformation journey, Quantexa says.

Jay-Z-backed Ethos bolsters unicorn status with SoftBank investment

US life insurance firm Ethos has secured a $2.7bn valuation after a $100m investment from SoftBank Group.

Insurtech firm Kin enters merger to go public on NYSE

US InsurTech Kin plans to merge with Omnichannel Acquisition – a special purpose acquisition company – to go public on the New York Stock Exchange (NYSE).

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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