Sector Updates

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.
One Inc, the leading payments network for the insurance industry, has expanded its collaboration with J.P. Morgan Payments to deliver a comprehensive, unified payment experience for Property & Casualty insurance clients.

One Inc and J.P. Morgan Payments to deliver unified digital payment solutions for P&C...

One Inc, the leading payments network for the insurance industry, has expanded its collaboration with J.P. Morgan Payments to deliver a comprehensive, unified payment experience for Property & Casualty insurance clients.

News Stories

Optalitix and Insurance Knowledge Hub partner to enhance underwriting skills with new course

Optalitix and Insurance Knowledge Hub partner to enhance underwriting skills with new course

Optalitix, an insurance underwriting software provider established in 2013, has formed a strategic partnership with the Insurance Knowledge Hub, a pioneer in professional insurance education.

Akur8 and Utica First team up to revolutionise insurance pricing with advanced ML technology

Akur8, renowned for its next-generation InsurTech pricing and reserving solutions, has teamed up with Utica First, a leader in small business and personal lines insurance.
Agria Pet Insurance, a global leader in animal insurance, has partnered with Quantee, an AI-driven pricing solutions provider, to support its growth in the UK and Ireland.

Quantee to enhance Agria Pet Insurance’s pricing capabilities in UK market expansion

Agria Pet Insurance, a global leader in animal insurance, has partnered with Quantee, an AI-driven pricing solutions provider, to support its growth in the UK and Ireland.
Branch Insurance has recently collaborated with Kyber, an AI-driven technology provider specialising in workflow automation, to optimise its claims notification process.

Branch Insurance partners with Kyber to revolutionise claims processing through AI automation

Branch Insurance has recently collaborated with Kyber, an AI-driven technology provider specialising in workflow automation, to optimise its claims notification process.
Q3 surge in European InsurTech under $100m as market rebounds

European InsurTech deals increased by a third as investors prioritised deals under $100m in...

Key European InsurTech investment stats in Q3 2024: European InsurTech deal activity increased by a third QoQ Investors prioritise deals under $100m with an...

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