Sector Updates

Landbay forms deal with Mortgage Compliance & Insurance Club

Buy-to-let mortgage lender Landbay has entered a partnership with The Mortgage Compliance & Insurance Club (MCI Club). Through the deal, MCI Club’s intermediaries will access...

Trov continues US expansion, now live in 13 states

On-demand insurance platform Trov has expanded its operations to another 8 states, bringing the total number of covered states to 13.

InsurTech startup Axioma to raise up to £400,000 in crowdfund

Axioma Europe, a claims handling platform for the auto industry, is looking to raise a maximum of £400,000 in a crowdfunding campaign.

Allianz bumps up VC fund size to ?1bn with eyes on InsurTechs

Allianz X, the VC arm of insurance giant Allianz has upped its fund size to ?1bn after securing additional investment from?the parent company.The fund's...

Comparison platform InsureMyTrip partners with Assurex

Travel insurance startup InsureMyTrip has formed a partnership with Assurex Global to support policy comparison.

It’s still a ‘minefield’ of challenges facing the InsurTech space

Getting InsurTechs to the point where they can test the product-market fit of their proposition is too prolonged and costly, according to InsurTech Gateway head of deal flow Charlie Evans.

Preservation Capital follows insurtech underwriter deal with MGA Cove Programs buy

Financial services-focused private equity player Preservation Capital Partners has doubled down on its recent investment in insurtech underwriting company Ascent by picking up construction-focused underwriting specialist MGA Cove Programs.

Alan pulls in €40m Series B, less than a year after previous funding round

Digital health insurance platform Alan has pulled in €40m in its Series B, coming less than a year after its Series A round. This funding...

Portag3 Ventures increases equity stake in Hellas Direct

Cyprus-based digital insurance company Hellas Direct has received an increased equity stake from Portag3 Ventures.

Singapore Life moves into payments with Yolopay acquisition

Life insurance company Singapore Life has acquired Yolopay, supporting its move into the prepaid card sector.

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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