Sector Updates

Berkshire Hathaway picks CLARA to improve compensation claims

Berkshire Hathaway Homestate Companies has selected CLARA analytics, an AI solution developer for the insurance space, to improve its compensation claims operations.

Insurify bags $23m in its Series A round

Insurify, an AI-powered insurance comparison platform, is moving into home, renters and life insurance comparison after raising $23m in its Series A

Cape Analytics secures funding from State Farm Ventures

Geospatial property data company Cape Analytics has secured an investment from State Farm Ventures.

Why German Getsafe dared to launch in the UK just days ahead of Brexit

Brexit has caused a lot of uncertainty for FinTech firms. However, those worries have not stopped Getsafe from venturing into Britain.

Consumer experience platform Zipari bags $22.5m in Series B

Zipari, a consumer experience platform for the health insurance space, has bagged $22.5m in a Series B round.

Hiscox to improve insights into cyber risk following new deal

Specialist Insurance firm Hiscox has integrated the cyber risk analytics services of CyberCube to improve its insights into potential systemic cyber risk.

honcho surges past crowdfunding target

honcho, which operates a reverse auction marketplace for financial services, has surpassed its ?700,000 crowdfunding target.

ePayPolicy secures “significant” investment

ePayPolicy, an electronic payment processing company, has secured a “significant” investment from US-based private equity firm Serent Capital.

SIMON Markets to extend its InsurTech platform after new deal

SIMON Markets is enhancing its InsurTech platform following a new partnership with Great American Life Insurance Company.

Insurity acquires fellow InsurTech platform SpatialKey

Data analytics platform for insurance brokers Insurity has acquired SpatialKey, a geospatial analytics and data enrichment hub, for an undisclosed amount.

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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