Sector Updates

Allianz Global, Virtuoso partner to supply Canadian travelers with insurance policies

Allianz Global Assistance Canada has partnered with travel agency network Virtuoso to offer travel insurance policies.

Insuritas, Oregon Mutual partner to increase access to insurance on US west coast

Insuritas, online insurance brokerage platform, has formed a partnership with Oregon Mutual to expand its reach on the US west coast.

Catch said to bag $5.1m in its funding round

Catch, a platform offering benefits for workers, has reportedly raised $5.1m in a funding round, at a post-money valuation of $20.5m. The round was co-led...

Aetna said to partner with AlertSec to support data encryption

Health insurance and dental coverage company Aetna has reportedly partnered with AlertSec to support its encryption capabilities and compliance requirements.

Kinsu to close down InsurTech app

Kinsu – an InsurTech for gadgets, bikes, and home content coverage – has announced that it is closing down its mobile app. The start-up has...

Arch Insurance invests into InsurTech startup Archipelago

Arch Insurance International has made an undisclosed investment into MGA InsurTech startup Archipelago Risk Services.

BriteCo raises $2m seed round to cover jewelry and luxury watch market

BriteCo – an InsurTech for the jewellery and luxury watch market – has raised $2m through its seed round. The company has secured investments from Trunk Club founder Brian...

Technology developer Capgemini joins Hartford InsurTech Hub

Capgemini, a provider of consulting, technology and digital transformation services, has joined the Hartford InsurTech Hub.

Nationwide, Slice Labs partner to offer insurance for ride-share drivers

Nationwide has partnered with on-demand insurance startup Slice Labs to create an on-demand insurance solution for drivers working for a transportation network companies (TNC).

Why insurance is not ready for blockchain or AI

Insurance companies need to focus on digitalisation and utilising data’s full potential, before worrying about AI and blockchain technology, according to Insly founder and CEO Risto Rossar.

News Stories

Producer licensing is one of those parts of insurance that tends to stay in the background until it starts slowing everything else down. As carriers expand their agent networks, the process of onboarding producers, managing appointments, and maintaining compliance records often still depends on fragmented systems and manual intervention.

Fixing the producer bottleneck in insurance distribution

Producer licensing is one of those parts of insurance that tends to stay in the background until it starts slowing everything else down. As...
Simply Business, a digital insurance marketplace, has launched a business insurance app on ChatGPT in the US, alongside a separate rollout in the UK.

Simply Business brings small business insurance pricing into ChatGPT

Simply Business, a digital insurance marketplace, has launched a business insurance app on ChatGPT in the US, alongside a separate rollout in the UK. The...
Cytora, a digital risk processing platform, has announced a strategic relationship with LexisNexis Risk Solutions to embed advanced data and analytics into its platform for US commercial insurers.Cytora, a digital risk processing platform, has announced a strategic relationship with LexisNexis Risk Solutions to embed advanced data and analytics into its platform for US commercial insurers.

Cytora partners LexisNexis to enhance US commercial underwriting

Cytora, a digital risk processing platform, has announced a strategic relationship with LexisNexis Risk Solutions to embed advanced data and analytics into its platform...
INSTANDA, a no-code insurance platform provider, has partnered with DataCrest, a workflow solutions firm, to enhance submission intake and quoting efficiency for insurers and MGAs.

INSTANDA and DataCrest team up to streamline insurance submissions

INSTANDA, a no-code insurance platform provider, has partnered with DataCrest, a workflow solutions firm, to enhance submission intake and quoting efficiency for insurers and...
Openly, a tech-enabled homeowners insurance provider, has secured a growth investment round led by existing investors Eden Global Partners, Advance Venture Partners and Gradient, with strategic participation from Allianz X.

Openly boosts expansion plans with funding and Allianz Re deal

Openly, a tech-enabled homeowners insurance provider, has secured a growth investment round led by existing investors Eden Global Partners, Advance Venture Partners and Gradient,...
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