Sector Updates

Wrisk secures £12m to scale its embedded auto insurance across Europe. Discover the InsurTech’s growth plans now. Wrisk, an InsurTech company specialising in embedded insurance for the automotive sector, has secured £12m in its Series B funding round to support its strategic growth plans.

RoofMarketplace, an InsurTech company reinventing the roofing claims process, has marked a significant milestone with a strategic funding round and leadership update.

Holland & Barrett, the UK’s leading health and wellness retailer, has partnered with dacadoo, a Swiss-based digital health company, to enhance the customer experience through its wellness app, H&B&Me.

Instnt has been granted Insurance Certification in New York, enabling the InsurTech to expand operations in one of the U.S.'s most tightly regulated markets.

Markel, a specialist insurer with a strong UK presence, has introduced new pre-loss services to help its cyber insurance clients better manage digital risks and privacy compliance.

InsurTech company wefox, which focuses on smart insurance distribution and asset-light Managing General Agent (MGA) services, has raised €151m in fresh funding.

Quantee has explored two distinct approaches to performing price optimisation in insurance, focusing on methods that avoid the controversial practice of price walking while still adhering to business objectives for conversion and retention. This article builds on the ethical considerations of price optimisation and compares the benefits and trade-offs of separate versus joint optimisation models.

FullCircl has outlined key strategies to help brokers enhance the quality of their underwriting submissions—ultimately enabling faster responses, improved client outcomes, and more competitive premiums. In today’s data-driven insurance market, submitting detailed, accurate, and well-structured information has never been more important.

Lemonade, an AI-driven InsurTech company, has announced the launch of its car insurance offering in Indiana, continuing its strategic expansion across the United States.

The auto finance market is under intense pressure from rising interest rates, economic instability, and changing consumer behaviours. These challenges are compressing margins and making it harder for lenders to maintain profitability. As volatility grows, many auto finance firms are turning to advanced analytics platforms like Earnix to help them optimise pricing strategies, understand customer behaviours, and manage risk more effectively.