Sector Updates

Corgi, a US-based InsurTech company focused on building a full-stack, AI-native insurance carrier for startups, has raised $108m in funding following regulatory approval to enter the market.

InsurTech Corgi lands $108m to expand AI underwriting

Corgi, a US-based InsurTech company focused on building a full-stack, AI-native insurance carrier for startups, has raised $108m in funding following regulatory approval to...
Insurance organisations looking to manage producer licensing and compliance often consider AgentSync, but the platform may not be the right fit for everyone. AgentSync averages $100,000 per year and requires Salesforce, making it a significant investment.

Is Producerflow better than AgentSync for insurers?

Insurance organisations looking to manage producer licensing and compliance often consider AgentSync, but the platform may not be the right fit for everyone. AgentSync...
Allianz SE, a leading global insurance group, and Anthropic, a US-based AI research company, have entered into a global partnership to accelerate the adoption of responsible AI across Allianz’s operations.

Allianz partners with Anthropic to deploy responsible AI

Allianz SE, a leading global insurance group, and Anthropic, a US-based AI research company, have entered into a global partnership to accelerate the adoption...
Insurity, a leading software provider to the property and casualty insurance industry, has appointed Jatin Atre as president.

Insurity appoints Jatin Atre president to support AI innovation

Insurity, a leading software provider to the property and casualty insurance industry, has appointed Jatin Atre as president. Atre will oversee the company’s growth strategy...
Auto lenders are facing one of the toughest operating environments in recent memory. Vehicle prices have risen sharply, borrowing has become more expensive, and competitive pressure has intensified across both direct and indirect channels. At the same time, lending teams are under pressure to maintain volumes, manage risk and protect profitability, often with fewer resources than before. Against this backdrop, traditional pricing approaches are no longer enough to keep pace with market volatility.

Why auto lenders must adopt pricing analytics to stay competitive

Auto lenders are facing one of the toughest operating environments in recent memory. Vehicle prices have risen sharply, borrowing has become more expensive, and...
Majesco, a provider of cloud-native and AI-native insurance technology serving the P&C and L&AH markets, has completed the acquisition of Vitech, a specialist in cloud-native pension and benefits administration solutions.

Majesco acquires Vitech to expand pension and benefits tech

Majesco, a provider of cloud-native and AI-native insurance technology serving the P&C and L&AH markets, has completed the acquisition of Vitech, a specialist in...
In the insurance industry, effective reserving isn’t simply a back‑office actuarial function; it’s a strategic asset that can improve financial insight, executive confidence and cross‑team collaboration. Yet many companies still struggle with the way reserving teams communicate, analyse, and document their work, which can lead to inefficiencies, misunderstandings and risk.

An insurer’s guide to better reserve governance

In the insurance industry, effective reserving isn’t simply a back‑office actuarial function; it’s a strategic asset that can improve financial insight, executive confidence and...
Neptune Flood, a US-based private flood insurance provider, focused on delivering technology-driven flood cover nationwide, has announced a strategic partnership with Somers Syndicate 3705.

Neptune Flood partners with Somers to boost private flood underwriting

Neptune Flood, a US-based private flood insurance provider, focused on delivering technology-driven flood cover nationwide, has announced a strategic partnership with Somers Syndicate 3705. The...
InsureVision, a provider of video-based risk intelligence for insurers, focused on applying advanced AI to underwriting and pricing, has announced the launch of two new products designed to help insurers return to profitable underwriting.

InsureVision unveils TeslaStick and FleetVision for video-led underwriting

InsureVision, a provider of video-based risk intelligence for insurers, focused on applying advanced AI to underwriting and pricing, has announced the launch of two...
Kita, a Lloyd’s of London coverholder focused on innovative risk transfer solutions for emerging markets, has expanded its portfolio of carbon insurance products and services with the launch of a new non-payment insurance (NPI) policy aimed at lenders financing carbon and natural capital projects.

Kita launches non-payment insurance for carbon finance

Kita, a Lloyd’s of London coverholder focused on innovative risk transfer solutions for emerging markets, has expanded its portfolio of carbon insurance products and...

News Stories

Ominimo reaches $1.6bn valuation with AI motor insurance

Ominimo reaches $1.6bn valuation with AI motor insurance

Ominimo, a Budapest-based InsurTech using AI and advanced data analytics to transform motor insurance, has secured $22.5m in Series B funding at a $1.6bn valuation,...
Can Curant.ai solve insurance’s claims complexity problem?

Can Curant.ai solve insurance’s claims complexity problem?

Curant.ai, an AI-powered InsurTech platform focused on modernising insurance claims, has secured $3.1m in seed funding as insurers look to move from early AI...
Can commercial carriers survive the end of the hard market?

Can commercial carriers survive the end of the hard market?

The prolonged hard market in North American commercial insurance has begun to ease, creating a new challenge for property and casualty (P&C) insurers as...
NatWest launches home cover tracker with Uinsure

NatWest launches home cover tracker with Uinsure

NatWest, one of the UK's largest retail banks, has joined forces with InsurTech platform Uinsure in an exclusive tie-up aimed at making home cover...
Navacord enters Newfoundland through Steers deal

Navacord enters Newfoundland through Steers deal

Navacord, the insurance brokerage, has partnered with Steers Insurance Limited, a move that takes the consolidator into Newfoundland and Labrador for the first time...
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