Sector Updates

Honeycomb Insurance, a deep-tech digital Managing General Agent (MGA) specialising in tailored property and casualty coverage, has announced a strategic partnership with Neptune Flood to simplify and accelerate insurance delivery for property owners and their agents.

Honeycomb Insurance and Neptune Flood streamline property coverage

Honeycomb Insurance, a deep-tech digital Managing General Agent (MGA) specialising in tailored property and casualty coverage, has announced a strategic partnership with Neptune Flood...
Data plays a defining role in determining both the speed and accuracy of the loss reserving process. Yet, for many actuaries, gaining access to that data remains a persistent challenge. Legacy systems are rarely designed to handle the data-heavy demands of modern reserving, creating a bottleneck that often results in rushed quarterly reviews. As a result, actuarial teams can find themselves focusing more on completing reports than on delivering deeper analytical insights, according to Akur8.

How data access is redefining actuarial efficiency

Data plays a defining role in determining both the speed and accuracy of the loss reserving process. Yet, for many actuaries, gaining access to...
Federato, a pioneering InsurTech company redefining underwriting intelligence, has unveiled an enterprise-grade agentic AI platform designed to revolutionise how insurers assess, quote, and manage risk.

Federato unveils enterprise-grade agentic AI solution

Federato, a pioneering InsurTech company redefining underwriting intelligence, has unveiled an enterprise-grade agentic AI platform designed to revolutionise how insurers assess, quote, and manage...

How BexarWare is laser-focused on modernising the insurance industry

Originally founded in 2019, San Antonio-headquartered BexarWare provides end-to-end custom software services that meet complex business challenges with native, hybrid, and custom software development....
VisitorsCoverage, a digital travel insurance firm, has announced a strategic partnership with visa processing platform Atlys to streamline the travel insurance checkout process.

VisitorsCoverage partners with Atlys to embed travel insurance

VisitorsCoverage, a digital travel insurance firm, has announced a strategic partnership with visa processing platform Atlys to streamline the travel insurance checkout process. The collaboration...
ChainThat has received formal recognition from Everett Cash Mutual (ECM), marked by a framed, signed resolution from ECM’s Board of Directors.

ChainThat recognised by Everett Cash Mutual for transformative tech

ChainThat has received formal recognition from Everett Cash Mutual (ECM), marked by a framed, signed resolution from ECM’s Board of Directors. The accolade celebrates ChainThat’s...
Simply Business, a US-based small business insurance broker, has announced the launch of a groundbreaking AI-powered insurance advisor.

Simply Business launches AI-powered insurance advisor

Simply Business, a US-based small business insurance broker, has announced the launch of a groundbreaking AI-powered insurance advisor. The new AI tool has been developed...
Previsico, a live flood alert InsurTech based in the UK, has announced the successful close of its Series A funding round, marking a significant step in its global growth ambitions.

Flood alert InsurTech Previsico lands Series A investment

Previsico, a live flood alert InsurTech based in the UK, has announced the successful close of its Series A funding round, marking a significant...
When Nicole Mwesigwa lost her husband, she encountered firsthand just how challenging life insurance could be. The process felt unnecessarily cumbersome and frustrating, particularly given the emotional stakes at play. 

How iCover is easing life insurance challenges

When Nicole Mwesigwa lost her husband, she encountered firsthand just how challenging life insurance could be. The process felt unnecessarily cumbersome and frustrating, particularly...
Singaporean InsurTech bolt has announced the launch of a conversational and workflow AI agent designed to help property and casualty (P&C) agencies streamline operations, increase responsiveness, and close more business.

bolt unveils AI agent to automate P&C agency workflows

Singaporean InsurTech bolt has announced the launch of a conversational and workflow AI agent designed to help property and casualty (P&C) agencies streamline operations,...

News Stories

Mapfre takes 38.9% stake in InsurTech Tuio

Mapfre takes 38.9% stake in InsurTech Tuio

Mapfre, the insurance group, has agreed to take a holding in Tuio, a specialist digital insurance distributor built on advanced technology and a mature...
Verisk deepens event response with MIS acquisition

Verisk deepens event response with MIS acquisition

Verisk, a strategic data analytics and technology partner serving the global insurance sector, has completed the purchase of McKenzie Intelligence Services (MIS), a firm...
Ominimo reaches $1.6bn valuation with AI motor insurance

Ominimo reaches $1.6bn valuation with AI motor insurance

Ominimo, a Budapest-based InsurTech using AI and advanced data analytics to transform motor insurance, has secured $22.5m in Series B funding at a $1.6bn valuation,...
Can Curant.ai solve insurance’s claims complexity problem?

Can Curant.ai solve insurance’s claims complexity problem?

Curant.ai, an AI-powered InsurTech platform focused on modernising insurance claims, has secured $3.1m in seed funding as insurers look to move from early AI...
Can commercial carriers survive the end of the hard market?

Can commercial carriers survive the end of the hard market?

The prolonged hard market in North American commercial insurance has begun to ease, creating a new challenge for property and casualty (P&C) insurers as...
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