Sector Updates

InsurTech funding reaches $420m in January as US firms secure mega deals

Global investment in InsurTech firms surpassed $420m in January, as investors continued to back artificial intelligence-driven platforms. Funding was led by two US-based insurers that...
Digital engagement has emerged as one of the most pressing challenges facing modern healthcare systems. Providers, policymakers and patients broadly agree on its promise, from improved treatment adherence and better outcomes to stronger trust and more resilient healthcare models. However, despite years of sustained investment in digital health solutions, meaningful patient engagement continues to lag behind expectations.

What’s holding back digital patient engagement in modern healthcare?

Digital engagement has emerged as one of the most pressing challenges facing modern healthcare systems. Providers, policymakers and patients broadly agree on its promise,...
GenStar, a provider of excess and surplus specialty property and casualty insurance, has partnered with ZestyAI, an InsurTech specialising in artificial intelligence-driven property risk analytics, to strengthen how hail, wind and severe convective storm risk is underwritten across GenStar’s commercial property portfolio.

GenStar and ZestyAI team up on AI-driven hail risk insights

GenStar, a provider of excess and surplus specialty property and casualty insurance, has partnered with ZestyAI, an InsurTech specialising in artificial intelligence-driven property risk...
Sixfold, an AI underwriting InsurTech company focused on modernising insurance decision-making, has secured fresh capital as it looks to deepen its footprint with insurers around the world.

AI underwriting InsurTech Sixfold raises $30m Series B round

Sixfold, an AI underwriting InsurTech company focused on modernising insurance decision-making, has secured fresh capital as it looks to deepen its footprint with insurers...
London-based Plum FinTech, a consumer money management and savings app, has partnered with Qover, an embedded insurance and InsurTech provider, to introduce worldwide travel protection for its users as part of a broader push to become a more holistic financial platform.

Plum FinTech and Qover expand embedded travel insurance offering

London-based Plum FinTech, a consumer money management and savings app, has partnered with Qover, an embedded insurance and InsurTech provider, to introduce worldwide travel...
Aon, a global professional services firm, and DataRobot, an enterprise AI platform provider focused on operationalising artificial intelligence at scale, have announced a collaboration centred on applying agentic AI to selected insurance onboarding and servicing workflows.

Aon and DataRobot partner to deploy agentic AI in insurance workflows

Aon, a global professional services firm, and DataRobot, an enterprise AI platform provider focused on operationalising artificial intelligence at scale, have announced a collaboration...
Recare, a Berlin-based HealthTech company specialising in digital discharge management and AI-driven care coordination, has secured a growth financing round of up to €37m to accelerate product development and expand beyond its home market.

German HealthTech Recare raises €37m for hospital workflow AI

Recare, a Berlin-based HealthTech company specialising in digital discharge management and AI-driven care coordination, has secured a growth financing round of up to €37m...
Canadian personal lines insurer Industrial Alliance Auto and Home (iAAH) has gone live on EIS OneSuite, the SaaS core insurance platform developed by EIS, as part of its long-term core system modernisation programme.

iAAH completes core platform go-live with EIS OneSuite

Canadian personal lines insurer Industrial Alliance Auto and Home (iAAH) has gone live on EIS OneSuite, the SaaS core insurance platform developed by EIS,...
Global insurance and reinsurance broker WTW has completed its acquisition of San Francisco-based Newfront, a deal valued at $1.3bn, including upfront and contingent consideration.

WTW closes $1.3bn Newfront deal to expand US market presence

Global insurance and reinsurance broker WTW has completed its acquisition of San Francisco-based Newfront, a deal valued at $1.3bn, including upfront and contingent consideration. The...
Allianz Commercial has opened a new Latin America Hub in Miami, establishing a regional base to serve clients and brokers across Latin America.

Allianz Commercial opens Miami hub to expand LatAm operations

Allianz Commercial has opened a new Latin America Hub in Miami, establishing a regional base to serve clients and brokers across Latin America. The hub...

News Stories

Navacord enters Newfoundland through Steers deal

Navacord enters Newfoundland through Steers deal

Navacord, the insurance brokerage, has partnered with Steers Insurance Limited, a move that takes the consolidator into Newfoundland and Labrador for the first time...
Can AI fix benefits season? Vertafore says yes with new agent

Can AI fix benefits season? Vertafore is betting on it

Vertafore, a Denver-based insurance technology provider, has launched an AI agent designed to reduce the time required to set up employee benefit plans, targeting...
INSTANDA and Diesta partner on insurance finance operations

INSTANDA and Diesta partner on insurance finance operations

INSTANDA, a global AI-augmented no-code policy administration system, has formed a strategic partnership with Diesta, a payments infrastructure firm designed specifically for the insurance...
Cowbell unveils OMNI to transform specialty insurance

Cowbell unveils OMNI to transform specialty insurance

Cowbell, an AI-native cyber and specialty insurance provider for small and medium-sized enterprises, has launched OMNI, an AI-native Decision Intelligence System designed to reshape...

Why autonomous AI could void your cyber insurance in 2026

Adoption of AI across the investment management industry has never been higher, with firms deploying the technology to summarise research, monitor threats, automate workflows...
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