Sector Updates

Sixfold, an AI underwriting InsurTech company focused on modernising insurance decision-making, has secured fresh capital as it looks to deepen its footprint with insurers around the world.

AI underwriting InsurTech Sixfold raises $30m Series B round

Sixfold, an AI underwriting InsurTech company focused on modernising insurance decision-making, has secured fresh capital as it looks to deepen its footprint with insurers...
London-based Plum FinTech, a consumer money management and savings app, has partnered with Qover, an embedded insurance and InsurTech provider, to introduce worldwide travel protection for its users as part of a broader push to become a more holistic financial platform.

Plum FinTech and Qover expand embedded travel insurance offering

London-based Plum FinTech, a consumer money management and savings app, has partnered with Qover, an embedded insurance and InsurTech provider, to introduce worldwide travel...
Aon, a global professional services firm, and DataRobot, an enterprise AI platform provider focused on operationalising artificial intelligence at scale, have announced a collaboration centred on applying agentic AI to selected insurance onboarding and servicing workflows.

Aon and DataRobot partner to deploy agentic AI in insurance workflows

Aon, a global professional services firm, and DataRobot, an enterprise AI platform provider focused on operationalising artificial intelligence at scale, have announced a collaboration...
Recare, a Berlin-based HealthTech company specialising in digital discharge management and AI-driven care coordination, has secured a growth financing round of up to €37m to accelerate product development and expand beyond its home market.

German HealthTech Recare raises €37m for hospital workflow AI

Recare, a Berlin-based HealthTech company specialising in digital discharge management and AI-driven care coordination, has secured a growth financing round of up to €37m...
Canadian personal lines insurer Industrial Alliance Auto and Home (iAAH) has gone live on EIS OneSuite, the SaaS core insurance platform developed by EIS, as part of its long-term core system modernisation programme.

iAAH completes core platform go-live with EIS OneSuite

Canadian personal lines insurer Industrial Alliance Auto and Home (iAAH) has gone live on EIS OneSuite, the SaaS core insurance platform developed by EIS,...
Global insurance and reinsurance broker WTW has completed its acquisition of San Francisco-based Newfront, a deal valued at $1.3bn, including upfront and contingent consideration.

WTW closes $1.3bn Newfront deal to expand US market presence

Global insurance and reinsurance broker WTW has completed its acquisition of San Francisco-based Newfront, a deal valued at $1.3bn, including upfront and contingent consideration. The...
Allianz Commercial has opened a new Latin America Hub in Miami, establishing a regional base to serve clients and brokers across Latin America.

Allianz Commercial opens Miami hub to expand LatAm operations

Allianz Commercial has opened a new Latin America Hub in Miami, establishing a regional base to serve clients and brokers across Latin America. The hub...
Broker Insights, a Dundee-based InsurTech specialising in data-driven commercial insurance distribution, has unveiled the latest version of its VISION platform, as it looks to reshape the commercial insurance sector.

Broker Insights updates VISION platform to transform commercial cover

Broker Insights, a Dundee-based InsurTech specialising in data-driven commercial insurance distribution, has unveiled the latest version of its VISION platform, as it looks to...
Fulcrum, a US-based InsurTech company focused on automating back-office processes for insurance brokers, has raised $25m as it looks to expand the reach of its software among some of the largest brokerage houses in the country.

US InsurTech Fulcrum secures $25m for insurance automation platform

Fulcrum, a US-based InsurTech company focused on automating back-office processes for insurance brokers, has raised $25m as it looks to expand the reach of...
Gulf States Insurance Group, a US insurance provider, has partnered with insured.io, a cloud-based, omnichannel customer engagement platform for insurance organisations, to advance its digital transformation initiatives.

insured.io powers Gulf States’ omnichannel insurance platform

Gulf States Insurance Group, a US insurance provider, has partnered with insured.io, a cloud-based, omnichannel customer engagement platform for insurance organisations, to advance its...

News Stories

Agero, MOTER team up on connected claims

Agero, MOTER team up on connected claims

Agero, a digital driver assistance provider operating through its recently acquired Urgently platform, and MOTER Technologies (MOTER), an InsurTech firm that converts connected vehicle...

AXA expands AI agent hub with Publicis Sapient

AXA, the global insurance and asset management group, has entered into a strategic partnership with Publicis Sapient, a technology company specialising in enterprise AI...

intellectAI Insurance’s month of listening exposes wholesale broking’s data gap

IntellectAI has used its Broker Appreciation Month (BAM) campaign, which ran throughout July, to surface the operational friction still holding back wholesale insurance distribution,...
What music can teach insurance actuaries

Actuaries and music: a mathematical connection

Actuaries and musicians may work in very different fields, but both rely on patterns, interpretation and judgement. At Akur8, several actuaries say their experience with...
Orange brings three insurance products to market simultaneously

Orange brings three insurance products to market simultaneously

Orange Insurance Exchange has gone live with three property insurance products simultaneously across Florida, moving onto Solstice Innovations' AI-native Equinox policy administration platform. The Florida...
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