Sector Updates

Clearview picks Insuritas to help build new insurance agency service

Clearview Federal Credit Union has picked insurance agency solution builder Insuritas to launch a credit union-owned full-service insurance agency.

Concirrus to support Hiscox with marine insurance underwriting

Insurance software developer Concirrus has signed a new multi-year deal with Hiscox London Market to help the insurer improve its analytics-based underwriting for marine insurance.

Why insurers should stop fearing technology

InsurTech has the potential to offer new revenue streams and to even help restore the public perception of the insurance industry.

UnderPinned partners with Digital Risks and Finmo

Freelance career platform UnderPinned has signed a partnership with InsurTech company Digital Risks and freelance accounting platform Finmo.

Sapiens acquires InsurTech sum.cumo in €28.4m deal

InsurTech provider Sapiens International Corporation has bought a German startup to boost its digital offering and to push further into Germany, Austria and Switzerland.

Aclaimant bags $10m for its Series A round which was led by Mercury Fund

Aclaimant, which improves the safety and risk management workflows, has secured $10m in its Series A, bringing its total equity raised to $13m.

ROOM8 closes doors on latest funding round

ROOM8, which uses data to optimize the matching of roommates, has closed an investment to launch new capabilities later this year.

Corvus Insurance eyes new funding round as it goes into the new year

Corvus Insurance, a platform helping brokers and policyholders better predict and prevent risk, has raised up to $31m in a new funding round.

What is the biggest challenge InsurTech startups face?

From bigger investment rounds to more insurers adopting the latest tech, many things are rapidly changing in the InsurTech space.

Loadsure nets £1.1m in seed round led by Insurtech Gateway

By leveraging powerful predictive analytics tools, InsurTech Loadsure has set out to deliver on-demand spot freight cargo insurance to the US market, enabling brokers, shippers and carriers to cut costs significantly.

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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