Sector Updates

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Clearsurance raises $4m Series A funding round

Massachusetts-based Clearsurance has closed a $4m Series A funding round to continue service development.
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Pie Insurance nabs $4.3m in seed funding round

Washington DC-based Worker compensation insurance business Pie Insurance has raised a $4.3m seed funding round.
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Wellthie scores $5m to help brokers catch up in InsurTech

Tech provider for the insurance space Wellthie has raised $5m in a Series A round led by IA Capital Group. IA Capital Group led the round.
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InMyBag pockets £300k to insure freelancers’ laptops

London-based InsurTech startup InMyBag has landed £300,000 in a pre-Seed round from angel investors including onefinestay founder Demetrios Zoppos.
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AllLife lands funding to insure those living with HIV and diabetes

South African life insurance startup AllLife has secured an undisclosed investment led by Accion Frontier Inclusion Fund it its first foray into the InsurTech space.

Insurers’ venture funds back software maker One, Inc with $15.5m

Insurance software provider One, Inc has picked up $15.5m in a new funding round co-led by American Family Venture and Centana Growth Partners.
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Social InsurTech startup Tribe gets BearingPoint backing

Oslo-based InsurTech startup Tribe has landed a new investment from BearingPoint as a part of the European consultancy’s venture efforts.
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Singapore Life takes $50m in largest Asian InsurTech round

Singapore Life has raised $50m in the largest Asian InsurTech funding round to date. The Series A investment comes from Impact Capital, a subsidiary of Credit China FinTech Holdings, as well as UK-based investor IPGL.

Disability-focused InsurTech startup Getsurance nabs ?2m

German InsurTech startup Getsurance has picked up ?2m in a Seed round of funding. The investment comes from Rocket Internet founder Alexander Samwer Picus Capital, Postfinance Bank and IBB.

Allianz backs InsurTech darling Lemonade

InurTech startup Lemonade has secured funding from global insurance giant Allianz. The terms of the deal are undisclosed.

News Stories

Leak detection technology has long been a staple across commercial buildings, data centres and critical infrastructure, helping organisations identify water ingress before it causes costly disruption. Traditional systems, particularly those using leak detection cables, have offered a relatively simple monitoring solution. However, these systems typically rely on fixed alert thresholds, which often fail to reflect the variability of real-world environments. As a result, while detection capabilities exist, their reliability has frequently been called into question.

Why traditional leak detection systems falter in real environments

Leak detection technology has long been a staple across commercial buildings, data centres and critical infrastructure, helping organisations identify water ingress before it causes...
The first wave of the InsurTech revolution has delivered significant innovation, but it has also left critical structural gaps unresolved. Over the past decade, the sector has made notable progress in areas such as digital distribution, API connectivity, embedded insurance, and the modernisation of agency management systems. However, beneath these advancements lies a growing concern, according to Producerflow.

InsurTech’s data gap threatens AI ambitions

The first wave of the InsurTech revolution has delivered significant innovation, but it has also left critical structural gaps unresolved. Over the past decade,...
Liberty Mutual has partnered with life insurance technology company Ethos to expand its direct-to-consumer life insurance offering in the US.

Ethos and Liberty Mutual team up to deliver fully digital life insurance

Liberty Mutual has partnered with life insurance technology company Ethos to expand its direct-to-consumer life insurance offering in the US. The collaboration will see Liberty...
Volkswagen Financial Services UK, the financial arm of the group, has appointed InsurTech firm Wrisk Transfer Limited as its preferred insurance provider for Volkswagen Commercial Vehicles.

VWFS UK selects Wrisk as preferred insurance partner for commercial vehicles

Volkswagen Financial Services UK, the financial arm of the group, has appointed InsurTech firm Wrisk Transfer Limited as its preferred insurance provider for Volkswagen...
Transamerica, a life insurer, has partnered with global reinsurer Swiss Re to modernise its claims experience.

Transamerica and Swiss Re collaborate on digital claims transformation

Transamerica, a life insurer, has partnered with global reinsurer Swiss Re to modernise its claims experience. The initiative will see Transamerica adopt Swiss Re’s PromiseXP...
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