Sector Updates

InsurTech funding in Q3 doubled compared to previous quarter as mega deals returned

The three largest InsurTech deals so far this year all took place during the third quarter.

Will Monzo’s new Premium card be enough to save the neobank?

With an attractive insurance package and interest rates, Monzo's new Premium metal card looks like a solid offering. But will it be enough to make up for its massive losses?

QBE Insurance Australia teams up with SafetyCulture to create a new InsurTech platform

QBE Insurance Australia has joined forces with workplace safety technology platform SafetyCulture to build a new digital insurance platform Mitti.

Martha’s Vineyard Bank has inked a deal with InsurTech100 company Insuritas

InsurTech company Insuritas has inked a deal to help Martha's Vineyard Bank set up a digital insurance agency within the bank.

Cyber insurance grows in popularity as ransomware attacks become more frequent

As hack attacks continue to be a major concern for businesses, almost 80% of companies have added cyber insurance to their policies, according to new research.

Shift Technology partners with MAPFRE to evolve online insurance claims

AI-native fraud detection and claims automation platform Shift Technology has teamed up with global insurer MAPFRE to transform insurance claims.

Petplan hopes to reinvent pet insurance through deal with The Dodo

Petplan hopes to reinvent pet insurance through a new partnership with animal media brand The Dodo.

Online insurance comparison platform Matic scores $24m investment

Digital insurance agency Matic has closed its latest investment round on $24m to support a wave of partnerships and integrations with carriers and distribution partners in emerging channels and verticals.

28 FinTech rounds from last week you should know about

The WealthTech and cryptocurrency FinTech sectors were among some of the winners of the investment rounds recorded last week.

Extend secures $40m to help it hire 100 people by the end of 2021

Extend, which claims to have reinvented the extended warranty process, has closed its Series B on $40m.

News Stories

Wellness programmes have become an increasingly common feature in life insurance offerings. Many insurers launch digital health initiatives with strong internal support and early customer interest. Yet maintaining engagement over time remains a persistent challenge.

Why life insurers struggle to sustain wellness programme engagement

Wellness programmes have become an increasingly common feature in life insurance offerings. Many insurers launch digital health initiatives with strong internal support and early...
INSTANDA has launched INSTANDA MAX, a new ‘underwriter-first’ capability designed to help commercial and non-admitted insurers underwrite tens of thousands of complex assets within a single policy in real time.

INSTANDA introduces MAX to scale commercial underwriting with AI

INSTANDA has launched INSTANDA MAX, a new ‘underwriter-first’ capability designed to help commercial and non-admitted insurers underwrite tens of thousands of complex assets within...
Acrisure has acquired technology-driven managing general agent Vave from Canopius Group, strengthening its position in the US insurance market and expanding its data-led underwriting capabilities.

Acrisure strengthens E&S underwriting with Vave acquisition

Acrisure has acquired technology-driven managing general agent Vave from Canopius Group, strengthening its position in the US insurance market and expanding its data-led underwriting...
Talanx AG has raised €1bn through a dual bond issuance aimed at strengthening its capital structure and supporting long term financial flexibility.

Talanx lands €1bn through dual bond issuance

Talanx AG has raised €1bn through a dual bond issuance aimed at strengthening its capital structure and supporting long term financial flexibility. The financing consists...
UK insurer Covéa is overhauling how it manages fraud and risk across the insurance lifecycle, selecting Shift Technology as a long-term strategic partner to support a new end-to-end approach spanning underwriting, claims and mid-term policy adjustments.

Covéa adopts Shift AI to unify underwriting and claims risk

UK insurer Covéa is overhauling how it manages fraud and risk across the insurance lifecycle, selecting Shift Technology as a long-term strategic partner to...
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