Sector Updates

Zurich, a global multi-line insurer, has marked a significant milestone in its Agentic AI initiative with the successful completion of the first phase of its Hyper Challenge, part of the Zurich Innovation Championship.

Zurich Agentic AI initiative develops 200+ insurance prototypes

Zurich, a global multi-line insurer, has marked a significant milestone in its Agentic AI initiative with the successful completion of the first phase of its Hyper Challenge, part of the Zurich Innovation Championship.
Global InsurTech firm bolttech, healthcare technology leader OMRON Healthcare Singapore, and established global insurer QBE have joined forces to launch Premium Care, a new connected health subscription plan in Singapore.

OMRON and bolttech unveil Premium Care with QBE

Global InsurTech firm bolttech, healthcare technology leader OMRON Healthcare Singapore, and established global insurer QBE have joined forces to launch Premium Care, a new connected health subscription plan in Singapore.
Dynamic pricing is fast becoming a game-changing strategy in the insurance sector, enabling companies to move away from broad, static pricing models to real-time, personalised policies. InsurTech firm Symfa highlights the growing role of AI and live data in making this shift not only possible, but highly profitable.

Why dynamic pricing is the future of insurance

Dynamic pricing is fast becoming a game-changing strategy in the insurance sector, enabling companies to move away from broad, static pricing models to real-time, personalised policies. InsurTech firm Symfa highlights the growing role of AI and live data in making this shift not only possible, but highly profitable.
Jio Financial Services and Allianz have formed a 50:50 reinsurance joint venture to support India's insurance industry.

Allianz partners with Jio to expand Indian insurance reach

Jio Financial Services and Allianz have formed a 50:50 reinsurance joint venture to support India's insurance industry.
nettle, an AI-powered risk assessment and report generation platform for commercial insurers, has joined Guidewire’s InsurTech Vanguards programme.

nettle and Guidewire partner to modernise insurance

nettle, an AI-powered risk assessment and report generation platform for commercial insurers, has joined Guidewire’s InsurTech Vanguards programme.
AdvanceCare, a major health insurance third-party administrator (TPA), has deepened its collaboration with London-based InsurTech Sprout.ai to enable health insurance claims to be processed in as little as 60 seconds.

AdvanceCare taps Sprout.ai for 60-second health claims

AdvanceCare, a major health insurance third-party administrator (TPA), has deepened its collaboration with London-based InsurTech Sprout.ai to enable health insurance claims to be processed in as little as 60 seconds.
Global InsurTech funding Q2 2025

Global InsurTech funding grew by 15% YoY in Q2 as investors prioritised larger deals

Key Global InsurTech investment stats in Q2 2025: Global InsurTech funding grew by 15% YoY in Q2 Average deal value increased to $15.3m as...
COVU, an AI-native insurance servicing platform focused on scalable and tech-powered growth, has acquired Mitchell Insurance Agency, a respected family-run business based in Roseville, California.

COVU expands AI platform with Mitchell Insurance acquisition

COVU, an AI-native insurance servicing platform focused on scalable and tech-powered growth, has acquired Mitchell Insurance Agency, a respected family-run business based in Roseville, California.
Ushur, a leading provider of AI-powered customer engagement solutions for regulated industries including healthcare, insurance, and financial services, has launched Ushur Intelligence.

Ushur introduces Ushur Intelligence to boost AI agents

Ushur, a leading provider of AI-powered customer engagement solutions for regulated industries including healthcare, insurance, and financial services, has launched Ushur Intelligence.
Everest, a global provider of insurance and reinsurance solutions, has appointed Mark Shaw as chief commercial officer (CCO) for its International Insurance division.

Mark Shaw takes on chief commercial officer role at Everest

Everest, a global provider of insurance and reinsurance solutions, has appointed Mark Shaw as chief commercial officer (CCO) for its International Insurance division.

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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