Sector Updates

CFC acquires cyber insurance underwriter

Specialist insurance provider CFC has acquired ThreatInformer, a provider cyber insurance underwriting, broking and reinsurance.

InsurTech solution Socotra scores $15.2m in its Series B

Socotra, a cloud-native platform insurance companies can use to build new products, has scored $15.2m in its Series B round.

Magna Finance picks insurance-focused payment provider Input 1’s services

Input 1 is a digital billing and payments provider to the insurance industry. Now it has been picked by Magna Finance to provide its digital cloud platform for its insurance premium finance business.

Digit Insurance said to raise $84m from growth investors

Online insurance platform Digit Insurance has reportedly bagged $84m in an investment round from growth investors.

CoreLogic acquires property analytics company Location

CoreLogic, a property information company, has acquired geographic data analytics solution Location.

EMC Insurance to improve fraud detection with FRISS

US property and casualty insurer EMC Insurance Companies has chosen FRISS to help it detect insurance fraud.

Barclays boosts SME offering through new partnership with invoice insurance platform Nimbla

Single invoice insurer Nimbla has signed a deal with UK high street bank Barclays to provide its SME customers with the option to take out insurance against individual invoices for as little as £6.

battleface closes seed round as it eyes global expansion

Battleface, a digital travel insurance company, has closed a seed investment from Fintech Ventures Fund to help expand its global reach.

Sedgwick acquires SaaS developer to boost insurance restoration contracting services

Sedgwick, a technology-enabled risk, benefits and integrated business solutions, has acquired SaaS solution developer G&E Enterprises for an undisclosed amount.

FRISS to boost fraud protection capabilities at Snapsheet

FRISS, a fraud and risk solution developer, has partnered with insurance software platform Snapsheet.

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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