Sector Updates

UpGuard locks down $17m for cybersecurity insurance

Australian insurance firm IAG has invested in Sydney-founded cybersecurity firm UpGuard $17m Series B round.
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Buzzmove picks up $7.7m for property insurance

Buzzmove, a UK PropTech and insurance startup, has raised a fresh £6m ($7.7m) in a sizable seed funding round led by White Mountains Insurance Group.
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Allianz hires new CEO for InsurTech unit

German insurance giant Allianz has hired a new CEO for its InsurTech incubator Allianz X. Peter Borchers will join the firm from Deutsche Telekom, where he founded the company’s hub:raum incubator.
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Bunker locks down $2m for insurance marketplace

San Francisco-based startup Bunker has raised $2m in a Seed round backed by Comcast Ventures, Route 66 Ventures, Hiscox and American Family Ventures.

Legal & General backs UK startup Smart Pension

Legal & General Investment Management (LGIM) has invested in UK startup Smart Pension, which manages a digital auto enrollment platform.
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Gravie grabs $1m for new life insurance service

Minneapolis-based insurance technology company Gravie has received $1m in funding from Securian Financial Group to roll out a new life insurance service.
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Quilt raises $3.25m in Seed funding for self-service insurance

Boston-based InsurTech startup Quilt collected $3.25m in a NextView Ventures-led Seed round.
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Advisen nabs $6.5m for commercial insurance analytics

New York-based company Advisen, a provider of real-time analytics and research of the commercial insurance sector, has raised $6.5m in debt financing.
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InsurTech startup Finanzchef24 raises €4m in VC-backed round

Munich-based Finanzchef24, the first digital insurance broker for entrepreneurs and companies in Germany, has raised €4m in a Grenke Bank-led round.

Croatia’s Amodo gets $500k for connected customer insurance

Insurtech startup Amodo has raised $500,000 from Austrian venture capital firm Speedinvest to support its international expansion.

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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