Sector Updates

Fruga secures £1m to bring open banking to insurance

Fruga secures £1m to bring open banking to insurance

Fruga, a Manchester-based InsurTech scaleup using open banking to lower renewal premiums, has secured £1m in funding to expand its technology and help consumers...
Building the foundations for successful AI adoption in insurance

Building the foundations for successful AI adoption in insurance

In the race to adopt AI, many insurers might just assume that wherever the technology can be integrated, it will automatically provide the most...
ERGO NEXT brings vision AI to commercial property cover

ERGO NEXT brings vision AI to commercial property cover

ERGO NEXT Insurance, the digitally focused insurer serving small businesses, has rolled out an AI-driven property inspection tool that cuts a process that once...
Novacore expands InsurTech platform with Diesel acquisition

Novacore expands InsurTech platform with Diesel acquisition

Specialty insurance group Novacore has agreed to acquire Diesel Insurance Solutions, a California-based managing general underwriter (MGU) specialising in cross-border trucking, physical damage and...
new broker-customer relationship

The new broker-customer relationship: More insight, less admin

As the insurance market softens, the customer relationship becomes vital for customer retention. For Doug Pullen, regional vice president at nCino, better use of...
Bind AI raises $10m to automate commercial insurance

Bind AI raises $10m to automate commercial insurance

Insurance technology start-up Bind AI has secured $10m in venture funding as it looks to automate the administrative processes that consume much of commercial...
Can water technology give insurers a better way to manage property risk?

Can water technology give insurers a better way to manage property risk?

Water damage prevention is becoming an important consideration for property insurers as they look for ways to limit losses before they develop into expensive...
Securian enhances VUL Defender with digital upgrades

Securian enhances VUL Defender with digital upgrades

Securian Financial, a US provider of insurance and retirement solutions, has updated its variable universal life (VUL) insurance product VUL Defender, introducing improvements to...
top InsurTech deals Q1 to Q3 2026

US strengthened its InsurTech dominance further, securing 7 of top 10 deals in the...

Key global InsurTech investment stats in Q1 – Q3 2026: Global InsurTech funding grew 57% YoY US companies secured 7 of the top 10...
Connected decisioning emerges as insurers’ next AI priority

Connected decisioning emerges as insurers’ next AI priority

Insurers are investing heavily in cloud infrastructure, artificial intelligence (AI) and digital transformation, but many are yet to see meaningful improvements in how quickly...

News Stories

How AI is speeding up vehicle damage assessments

How AI is speeding up vehicle damage assessments

Insurance technology provider Mitchell is extending its artificial intelligence-powered vehicle damage assessment technology into the collision repair market, with Crash Champions deploying the solution...
Targa Telematics names Marco Amendolagine insurance chief

Targa Telematics names Marco Amendolagine insurance chief

InsurTech specialist Targa Telematics has appointed Marco Amendolagine as head of business development insurance, as it looks to build on its usage-based insurance (UBI)...
AIG targets commercial insurance growth in Chile and Colombia

AIG targets commercial insurance growth in Chile and Colombia

AIG is broadening its commercial insurance operations in Latin America after agreeing to purchase Everest Group’s Chilean subsidiary, adding to its recently completed acquisition...
Amarillo taps Five Sigma to improve insurance data flows

Amarillo taps Five Sigma to improve insurance data flows

Insurance technology companies Amarillo and Five Sigma are joining forces to address a persistent challenge in delegated authority operations: bringing claims information together with...
What will insurance look like in 2030?

What will insurance look like in 2030?

Since the start of this decade, insurance has transformed dramatically. Technology is evolving at such a rapid pace that the sector could look vastly...
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