Sector Updates

InsurTech firm Optalitix is set to implement its advanced solutions to enhance operational efficiencies between Burns & Wilcox’s CRM and underwriting systems, as part of a partnership between the firms.

Burns & Wilcox UK teams up with Optalitix to streamline pricing models and optimise...

InsurTech firm Optalitix is set to implement its advanced solutions to enhance operational efficiencies between Burns & Wilcox’s CRM and underwriting systems, as part of a partnership between the firms.
Herald, a trailblazer in digital insurance infrastructure, has just secured $12m Series A funding round co-led by Lightspeed Venture Partners and Brewer Lane Ventures, with additional participation from Afore Capital and Underscore Venture Capital.

Herald secures $12m Series A funding to enhance insurance connectivity with AI

Herald, a trailblazer in digital insurance infrastructure, has just secured $12m Series A funding round co-led by Lightspeed Venture Partners and Brewer Lane Ventures, with additional participation from Afore Capital and Underscore Venture Capital.
INSHUR secures $19m led by Viola Growth to bolster US and global InsurTech operations

INSHUR secures $19m led by Viola Growth to bolster US and global InsurTech operations

INSHUR, the multi-award-winning embedded insurance provider for the on-demand economy, has recently closed a funding round securing $19m.
Embroker, a digital insurance company, has partnered with Everspan to further digitise and streamline the commercial insurance buying experience.

Embroker and Everspan partner to streamline the commercial insurance buying experience

Embroker, a digital insurance company, has partnered with Everspan to further digitise and streamline the commercial insurance buying experience. As part of the collaboration, Everspan...

Exploring the impact of AI on health outcomes with Tietoevry Care

Public and social care systems across many countries are currently strained, grappling with ageing populations and a parallel increase in the demand for health services. These challenges are compounded by stagnant public healthcare budgets and a shortage of skilled healthcare professionals.

Global insurers commit to climate action with robust transition strategies

A comprehensive survey by BlackRock has unveiled that an overwhelming 99% of insurers have embraced climate transition goals within their investment portfolios, highlighting a robust shift towards sustainability.
Diesta, an InsurTech startup focused on transforming insurance payment processes, has raised $3.8m in a seed funding round led by FinTech Collective. 

Diesta closes $3.8m seed round to transform B2B insurance payments

Diesta, an InsurTech startup focused on transforming insurance payment processes, has raised $3.8m in a seed funding round led by FinTech Collective. 
ClaimSorted, a company focused on simplifying claims processing for insurers, has secured $3m in pre-seed funding.

ClaimSorted raises $3m to revolutionise claims processing with AI-powered platform

ClaimSorted, a company focused on simplifying claims processing for insurers, has secured $3m in pre-seed funding.
Clearwater Analytics, a leading provider of SaaS-based investment management, accounting, reporting, and analytics solutions, has announced the expansion of its EMEA leadership team with three key appointments.

Clearwater Analytics expands EMEA leadership team with three new appointments

Clearwater Analytics, a leading provider of SaaS-based investment management, accounting, reporting, and analytics solutions, has announced the expansion of its EMEA leadership team with three key appointments.
Toyota Insurance Management Solutions (TIMS) has partnered with Lemonade to to integrate home and renters insurance alongside Toyota's auto policies, in a bid to bolster its overall services.

Toyota Insurance Management Solutions partners with Lemonade to expand insurance offerings

Toyota Insurance Management Solutions (TIMS) has partnered with Lemonade to to integrate home and renters insurance alongside Toyota's auto policies, in a bid to bolster its overall services.

News Stories

The 2024 U.S. presidential election, one of the most closely watched and contentious in recent history, has culminated in Donald Trump’s re-election as the 47th president. With the nation sharply divided over key issues—from economic policies and immigration to the future of democracy—this election has underscored the deepening polarisation in the U.S. political landscape. As ballots are counted and legal challenges loom, the country stands at a critical juncture, with Trump poised to once again shape the future of America amidst intense scrutiny and ongoing controversies. But what does this historic moment mean for the global InsurTech industry?

What does Donald Trump’s presidential election win mean for InsurTech?

The 2024 U.S. presidential election, one of the most closely watched and contentious in recent history, has culminated in Donald Trump’s re-election as the 47th president. With the nation sharply divided over key issues—from economic policies and immigration to the future of democracy—this election has underscored the deepening polarisation in the U.S. political landscape. As ballots are counted and legal challenges loom, the country stands at a critical juncture, with Trump poised to once again shape the future of America amidst intense scrutiny and ongoing controversies. But what does this historic moment mean for the global InsurTech industry?
A recent survey by ZestyAI has revealed that 73% of insurers believe AI models are key to managing climate-related losses, as the insurance industry grapples with mounting losses from extreme weather.

73% of insurers see AI models as key to managing climate risks

A recent survey by ZestyAI has revealed that 73% of insurers believe AI models are key to managing climate-related losses, as the insurance industry grapples with mounting losses from extreme weather.
Marsh, the world’s largest insurance broker and risk advisor, and part of Marsh McLennan, has announced two significant leadership appointments.

Marsh announces pair of leadership appointments

Marsh, the world’s largest insurance broker and risk advisor, and part of Marsh McLennan, has announced two significant leadership appointments. Alistair Fraser will step into...
Parametrix, a leader in cyber insurance solutions, has launched an innovative insurance product designed to protect enterprise clients from the costs associated with digital disruptions.

Parametrix launches enterprise-level cyber insurance solution for digital disruptions

Parametrix, a leader in cyber insurance solutions, has launched an innovative insurance product designed to protect enterprise clients from the costs associated with digital disruptions.
Everest Reinsurance, the reinsurance division of Everest Group, Ltd., has announced the appointment of Emily Davis as head of its global specialties business.

Everest Reinsurance strengthens leadership team with Emily Davis as head of global specialties

Everest Reinsurance, the reinsurance division of Everest Group, Ltd., has announced the appointment of Emily Davis as head of its global specialties business.

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