Sector Updates

Tractable scored $25m in its Series C round as it eyes new markets

Tractable, which develops AI solutions for accident and disaster recovery, has collected $25m in its Series C round which was led by Georgian Partners.

Aventus collects £2.6m in its funding round to help scale operations

Aventus, a B2B digital insurance platform, has collected £2.6m in its funding round which will be used to scale up the business.

Covered Insurance Solutions receives a strategic investment

Digital agency Covered Insurance Solutions has received a strategic investment from Radian Group, a provider of mortgage insurance and other related services.

Foxquilt continues Canadian expansion efforts

Foxquilt, which builds communities to improve insurance experiences, has released its services in more Canadian states as part of its 2020 expansion plan.

Zurich Insurance releases new cyber insurance solution with CYE

Zurich Insurance Group has established a new cyber protection offering in partnership with cybersecurity firm CYE.

Digital Risks collects $10.4m in round led by BHL

Digital Risks, an online insurance service, has collected $10.4m in its funding round led by BHL Holdings.

CPP Group to launch cyber insurance with Gallagher

CPP Group has partnered with insurance broker Arthur J Gallagher & Co to release a new cyber insurance product for small businesses.

Carrot Insurance under fire after drivers were threatened with car insurance cancellations due to...

Young drivers and an MP are putting pressure on Carrot Insurance after its app failed to accurately measure people’s driving and threatened to cancel their insurance as a result, according to the BBC.

Collective Benefits bags £3.3m as it eyes new product releases

Collective Benefits, which helps the self-employed access tailored insurance policies, has bagged £3.3m in its funding round.

Acturis partners with QOMPLX:UNDERWRITING

InsurTech software builder Acturis has partnered with QOMPLX:UNDERWRITING , a cybersecurity and data analytics platform.

News Stories

The US insurance distribution ecosystem is one of the largest and most complex financial services networks in the world. Millions of licensed producers, tens of thousands of independent agencies, and a growing volume of licensing and compliance transactions all play a role in how insurance products reach customers.

What the latest data says about the US insurance producer landscape

The US insurance distribution ecosystem is one of the largest and most complex financial services networks in the world. Millions of licensed producers, tens...
Cover Genius, an embedded protection InsurTech, has partnered with Tongcheng Travel, an Asian online travel platform, to introduce embedded travel insurance for international customers in Malaysia and the Philippines.

Cover Genius expands Asia travel insurance footprint with Tongcheng Travel

Cover Genius, an embedded protection InsurTech, has partnered with Tongcheng Travel, an Asian online travel platform, to introduce embedded travel insurance for international customers...
Sixfold, an underwriting AI platform provider, has upgraded its AI Underwriting Brain with a new capability designed to capture and scale underwriting expertise across organisations.

Sixfold enhances underwriting AI with institutional knowledge engine

Sixfold, an underwriting AI platform provider, has upgraded its AI Underwriting Brain with a new capability designed to capture and scale underwriting expertise across...
Aviva, a UK insurance group, has expanded its AI-powered underwriting summarisation tool to individual critical illness applications, marking a further step in its use of generative AI across protection insurance.

Aviva rolls out AI-powered critical illness underwriting capability

Aviva, a UK insurance group, has expanded its AI-powered underwriting summarisation tool to individual critical illness applications, marking a further step in its use...
Zego secures $28m to expand telematics in Japan

Zego secures $28m to expand telematics in Japan

Zego, a UK-based digital motor InsurTech, has announced a strategic partnership with Sompo Holdings, one of Japan's largest insurance groups, as part of a...
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