Sector Updates

Zesty.ai bags $13m in its Series A to support expansion of data set

Zesty.ai, an AI-powered computer vision solution helping insurers better assess risk, has closed its Series A on $13m.

Infosys inaugurates its Hartford Hub

Digital services and consulting company Infosys has inaugurated its Technology and Innovation Hub in Hartford, Connecticut.

Lloyd’s of London searches for second accelerator cohort

Lloyd’s of London has begun the global search for the second cohort to its InsurTech accelerator programme.

Carlyle buys majority stake in Sedgwick in $6.7bn deal

Carlyle has picked up a majority stake in tech-enabled insurance claims business Sedgwick in a deal with KKR valued at approximately $6.7bn.

Majesco set to receive $35m investment to support growth

Cloud insurance software developer Majesco is expecting to receive $35m in funding from its parent company, to support growth plans.

CoverWallet launches dedicated solution for agents

CoverWallet, which develops insurance software, has launched a new dedicated platform for insurance agents.

Aviva launches new subscription-styled insurance platform

Aviva has launched a new subscription-styled insurance product to give UK custoemrs better controls over their cover.

SA InsurTech Naked showered with ZAR30m investment

South African InsurTech Naked has raised ZAR30m of investment from previous backers Yellowwoods and Hollard. The company has planned to use the funding to expand...

NFP Ventures makes minority investment into Indio Technologies

NFP Ventures has made a minority investment into Indio Technologies, a workflow management software for insurance agencies.

Grange Insurance launches new cyber protection policy

Grange Insurance is releasing a new home cyber protection policy to help protect consumers from rising cyberattack threats.

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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