Sector Updates

Berlin-based InsurTech startup Feather, a digital-first insurance provider focused on expats in Europe, has announced the launch of its new car insurance offering.

Feather expands portfolio with car insurance launch

Berlin-based InsurTech startup Feather, a digital-first insurance provider focused on expats in Europe, has announced the launch of its new car insurance offering. The company...

Why should insurance firms adopt agentic AI?

A broker stares at a half-filled quote form, wondering why it hasn’t progressed. A policyholder checks the claim status for the fifth time, frustrated...
Markel Insurance, the insurance operations within Markel Group Inc., has expanded its Canadian offerings with the launch of Cyber 360 Canada, Tech 360 Canada, and Fintech 360 Canada policies, now available on a primary basis.

Markel launches tailored insurance solutions for Canadian tech space

Markel Insurance, the insurance operations within Markel Group Inc., has expanded its Canadian offerings with the launch of Cyber 360 Canada, Tech 360 Canada,...
Google, the global technology giant, has announced the launch of a new device protection program, Pixel Care+.

Google launches Pixel Care+ device protection

Google, the global technology giant, has announced the launch of a new device protection program, Pixel Care+. The launch of Pixel Care+ comes as Google...
Sompo Holdings, a major Japanese insurance group, will acquire Aspen Insurance Holdings Limited, a leading global specialty insurer and reinsurer, in a $3.5bn transaction.

Sompo to acquire Aspen Insurance for $3.5bn

Sompo Holdings, a major Japanese insurance group, will acquire Aspen Insurance Holdings Limited, a leading global specialty insurer and reinsurer, in a $3.5bn transaction. The...
COVU, the AI-native operating system for insurance, has raised $16m in fresh capital through a mix of equity and growth financing, bringing the company’s total funding to approximately $50m.

AI-native InsurTech COVU secures $16m to boost growth

COVU, the AI-native operating system for insurance, has raised $16m in fresh capital through a mix of equity and growth financing, bringing the company’s...
ZestyAI, the provider of AI-driven property risk analytics, and Steadily, a fast-growing rental property insurer, have expanded their partnership to enhance underwriting with advanced hail and wind risk models.

Steadily scales ZestyAI tech to strengthen property underwriting

ZestyAI, the provider of AI-driven property risk analytics, and Steadily, a fast-growing rental property insurer, have expanded their partnership to enhance underwriting with advanced...
The insurance sector in Brazil is undergoing a profound transformation. Premium revenue surpassed R$ 663 bn in 2023, and analysts predict that this double-digit growth trend is likely to continue over the coming years. But the shift isn’t just about numbers—it signals a broader rethink of how insurers operate, particularly in the way they approach pricing, according to Akur8.

Why Brazil’s insurance pricing needs a major rethink

The insurance sector in Brazil is undergoing a profound transformation. Premium revenue surpassed R$ 663 bn in 2023, and analysts predict that this double-digit growth trend...
McKenzie Intelligence Services (MIS), a leader in geospatial intelligence, and Eagleview, a trailblazer in geospatial technology, have announced a strategic collaboration aimed at enhancing the insurance industry’s ability to respond to North American catastrophes.

MIS and Eagleview partner to transform catastrophe response

McKenzie Intelligence Services (MIS), a leader in geospatial intelligence, and Eagleview, a trailblazer in geospatial technology, have announced a strategic collaboration aimed at enhancing...
OneShield has launched the OneShield AI Hub, marking what the company describes as the industry’s first centralised environment for the secure development, deployment, and governance of artificial intelligence solutions specifically tailored to the insurance ecosystem.

OneShield launches AI Hub to transform insurance operations

OneShield has launched the OneShield AI Hub, marking what the company describes as the industry’s first centralised environment for the secure development, deployment, and...
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Latest Analysis

News Stories

Plum secures ₹193cr ($20.6m) to reach 10 million employees

Plum, an Indian employee health and corporate insurance platform, has raised a Series B round of ₹193 crore ($20.6m) to scale its claims experience...
Notch closes $30m round to power end-to-end AI agents

Notch closes $30m round to power end-to-end AI agents

Notch, an AI operating system for regulated industries, has closed a $30m Series A funding round, taking its total capital raised to $45m. The raise...
The insurance industry is undergoing a period of rapid transformation as carriers increasingly turn to artificial intelligence, automation and advanced analytics to improve decision-making and accelerate pricing processes.

How Akur8 is building an end-to-end actuarial platform for the next era of insurance

The insurance industry is undergoing a period of rapid transformation as carriers increasingly turn to artificial intelligence, automation and advanced analytics to improve decision-making...
Chubb has partnered with Safe Harbor Marinas, the world’s largest owner and operator of marinas, to become the preferred insurance provider for its members.

Chubb named preferred insurer for Safe Harbor Marinas

Chubb has partnered with Safe Harbor Marinas, the world’s largest owner and operator of marinas, to become the preferred insurance provider for its members. The...
Cytora, a digital risk processing platform for insurers, has partnered with Ideal Postcodes to integrate address validation and postcode intelligence into its underwriting workflows.

Cytora integrates Ideal Postcodes address data

Cytora, a digital risk processing platform for insurers, has partnered with Ideal Postcodes to integrate address validation and postcode intelligence into its underwriting workflows. The...
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