Sector Updates

No-code InsurTech firm INSTANDA, a London-based technology company that enables insurers to build, configure and distribute insurance products without code, has secured a $20m investment round to accelerate its next phase of growth.

InsurTech INSTANDA secures $20m to drive AI expansion

No-code InsurTech firm INSTANDA, a London-based technology company that enables insurers to build, configure and distribute insurance products without code, has secured a $20m...
Kalepa, a leading AI company in the insurance sector, has been selected by Hinterland Insurance to deploy its cutting-edge AI underwriting platform and strengthen the MGA’s property and specialty lines divisions.

Kalepa and Hinterland unite to power AI underwriting

Kalepa, a leading AI company in the insurance sector, has been selected by Hinterland Insurance to deploy its cutting-edge AI underwriting platform and strengthen...
Carpe Data, a leading provider of next-generation data solutions, and Harbor.ai, an underwriting platform that applies AI to complex insurance workflows, have announced a strategic partnership designed to help excess and surplus (E&S) insurers act decisively on hard-to-place risks.

Carpe Data and Harbor.ai boost E&S underwriting speed

Carpe Data, a leading provider of next-generation data solutions, and Harbor.ai, an underwriting platform that applies AI to complex insurance workflows, have announced a...
AI neo-insurer MGT secures $21.6m Series B funding

AI neo-insurer MGT secures $21.6m Series B funding

AI-driven commercial insurer MGT, a vertically AI-native neo-insurer focused on modernising property and casualty (P&C) coverage for small businesses, has closed an oversubscribed $21.6m...
Generalised linear models (GLMs) remain a core tool in insurance and banking analytics, but building accurate, interpretable models is not always straightforward. One of the biggest challenges is handling hierarchical categorical data—common in insurance tables, such as Location. Using the wrong level of detail can lead to overfitting, multicollinearity, slow training, and unstable coefficients.

Optimising predictive modelling in insurance and banking

Generalised linear models (GLMs) remain a core tool in insurance and banking analytics, but building accurate, interpretable models is not always straightforward. One of...
LifeSearch, one of the UK’s leading protection advice specialists, has announced a new partnership with accountancy software platform All in Place to enable accountancy firms to offer their SME clients seamless access to life insurance and business protection solutions.

All in Place teams up with LifeSearch for business protection solutions

LifeSearch, one of the UK’s leading protection advice specialists, has announced a new partnership with accountancy software platform All in Place to enable accountancy firms...
Resilience, a leading cyber risk solution company, specialising in cyber risk management, technology insurance, and enterprise risk software, has expanded its appetite for Technology Errors & Omissions (Tech E&O) insurance to mid-market clients in the US, UK, and EU.

Resilience unveils new Tech E&O insurance for growth-stage firms

Resilience, a leading cyber risk solution company, specialising in cyber risk management, technology insurance, and enterprise risk software, has expanded its appetite for Technology...
Egyptian InsurTech firm SehaTech, which develops AI-driven solutions to modernise health insurance administration, has secured $1.1m in a seed funding round.

SehaTech bags $1.1m to boost AI health insurance platform

Egyptian InsurTech firm SehaTech, which develops AI-driven solutions to modernise health insurance administration, has secured $1.1m in a seed funding round. The round was led...
Faced with rising healthcare costs, growing mental health demands, workforce shortages, and the widening gap between lifespan and health span, traditional healthcare models are struggling. While reforms are urgently needed, the debate continues over what shape these changes should take.

How digital health engagement cuts healthcare costs

Faced with rising healthcare costs, growing mental health demands, workforce shortages, and the widening gap between lifespan and health span, traditional healthcare models are...
In today’s insurance market, capacity is shifting, and with it, new models are emerging. As traditional insurers retreat from volatile and emerging risks, hybrid fronting carriers are stepping up as essential players—particularly for MGAs looking to launch specialist programmes quickly. According to Novidea, these carriers offer a unique solution to the growing demand for flexible, responsive insurance structures.

Unlocking growth in UK insurance with hybrid carriers

In today’s insurance market, capacity is shifting, and with it, new models are emerging. As traditional insurers retreat from volatile and emerging risks, hybrid...

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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