Sector Updates

As investor scrutiny intensifies and funding windows narrow, getting a clickable MVP into stakeholders' hands fast is becoming essential in FinTech product development. AI-powered low-code platforms claim to slash development time from weeks to mere hours, offering a competitive edge for teams under pressure. To put these claims to the test, custom software development company Symfa examined four leading contenders: Marblism, Vercel’s v0, Bolt.new, and Glide.

Best low-code AI platforms for rapid FinTech dev

As investor scrutiny intensifies and funding windows narrow, getting a clickable MVP into stakeholders' hands fast is becoming essential in FinTech product development. AI-powered low-code platforms claim to slash development time from weeks to mere hours, offering a competitive edge for teams under pressure. To put these claims to the test, custom software development company Symfa examined four leading contenders: Marblism, Vercel’s v0, Bolt.new, and Glide.
Fadata, a global provider of core software solutions for the insurance industry, has unveiled its latest AI strategy, aimed at reshaping how insurance firms adopt and benefit from artificial intelligence.

Fadata integrates AI to reshape core insurance systems

Fadata, a global provider of core software solutions for the insurance industry, has unveiled its latest AI strategy, aimed at reshaping how insurance firms adopt and benefit from artificial intelligence.
UK-based startup Novee AI has raised £1.6m in pre-seed funding to expand its generative AI platform for commercial and specialty insurance underwriting.

Novee AI lands £1.6m to scale underwriting platform

UK-based startup Novee AI has raised £1.6m in pre-seed funding to expand its generative AI platform for commercial and specialty insurance underwriting.
Commercial auto InsurTech Cover Whale Insurance Solutions, a US-based provider of connected insurance for the commercial auto sector, has raised $40m in equity financing.

Commercial auto InsurTech Cover Whale raises $40m

Commercial auto InsurTech Cover Whale Insurance Solutions, a US-based provider of connected insurance for the commercial auto sector, has raised $40m in equity financing.
European InsurTech deals H1 2025

UK dominated the European InsurTech market with a third of all deals in the...

Key European InsurTech investment stats in H1 2025: European InsurTech deal activity dropped by 16% YoY UK secured a third of all European InsurTech...
DynaRisk secures $4.7m to scale cyber insurance tools

DynaRisk secures $4.7m to scale cyber insurance tools

DynaRisk, a London-based cyber risk management company, has raised $4.7m in funding to expand its international footprint and accelerate product innovation. The investment round was...
The insurance industry’s digital transformation is now a necessity. According to insights from Comarch, a leading digital transformation specialist, the decision to embrace change has effectively already been made by insurers, whether they participate or not. The COVID-19 pandemic accelerated the shift to digitised sales and after-sales services, pushing companies to adopt remote and self-service options rapidly. Coupled with the economic recession squeezing profits, insurance firms must urgently seek optimisation and efficiency across all operations.

Why insurers must act now on digital transformation

The insurance industry’s digital transformation is now a necessity. According to insights from Comarch, a leading digital transformation specialist, the decision to embrace change...
DXC Technology has now introduced DXC Assure Illustrations, a next-generation AI-powered SaaS product designed to revolutionise life insurance policy illustrations.

DXC Technology launches AI-powered Assure Illustrations for life insurers

DXC Technology has now introduced DXC Assure Illustrations, a next-generation AI-powered SaaS product designed to revolutionise life insurance policy illustrations.
The Plan Group (TPG), a leading provider of insurance solutions focused on innovation and technology, has launched a new brand, eavi, to serve electric and autonomous vehicle technology providers.

The Plan Group’s eavi bridges gap in future mobility insurance

The Plan Group (TPG), a leading provider of insurance solutions focused on innovation and technology, has launched a new brand, eavi, to serve electric and autonomous vehicle technology providers.

How people and technology shape the future of the London Market

The London Market’s enduring strength lies in its unique DNA, centred on expertise, face-to-face collaboration, and bespoke problem-solving. Novidea, a prominent technology provider within the market, highlights how this ecosystem’s future depends on combining tradition with innovation to stay competitive amid rising pressures from rival hubs like Frankfurt and Paris post-Brexit.

News Stories

Producer licensing is one of those parts of insurance that tends to stay in the background until it starts slowing everything else down. As carriers expand their agent networks, the process of onboarding producers, managing appointments, and maintaining compliance records often still depends on fragmented systems and manual intervention.

Fixing the producer bottleneck in insurance distribution

Producer licensing is one of those parts of insurance that tends to stay in the background until it starts slowing everything else down. As...
Simply Business, a digital insurance marketplace, has launched a business insurance app on ChatGPT in the US, alongside a separate rollout in the UK.

Simply Business brings small business insurance pricing into ChatGPT

Simply Business, a digital insurance marketplace, has launched a business insurance app on ChatGPT in the US, alongside a separate rollout in the UK. The...
Cytora, a digital risk processing platform, has announced a strategic relationship with LexisNexis Risk Solutions to embed advanced data and analytics into its platform for US commercial insurers.Cytora, a digital risk processing platform, has announced a strategic relationship with LexisNexis Risk Solutions to embed advanced data and analytics into its platform for US commercial insurers.

Cytora partners LexisNexis to enhance US commercial underwriting

Cytora, a digital risk processing platform, has announced a strategic relationship with LexisNexis Risk Solutions to embed advanced data and analytics into its platform...
INSTANDA, a no-code insurance platform provider, has partnered with DataCrest, a workflow solutions firm, to enhance submission intake and quoting efficiency for insurers and MGAs.

INSTANDA and DataCrest team up to streamline insurance submissions

INSTANDA, a no-code insurance platform provider, has partnered with DataCrest, a workflow solutions firm, to enhance submission intake and quoting efficiency for insurers and...
Openly, a tech-enabled homeowners insurance provider, has secured a growth investment round led by existing investors Eden Global Partners, Advance Venture Partners and Gradient, with strategic participation from Allianz X.

Openly boosts expansion plans with funding and Allianz Re deal

Openly, a tech-enabled homeowners insurance provider, has secured a growth investment round led by existing investors Eden Global Partners, Advance Venture Partners and Gradient,...
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