Sector Updates

The insurance world is getting a facelift, and it’s not the kind you’d find in a glossy broker’s office. Artificial intelligence is muscling in on underwriting, swapping dusty ledgers for algorithms that predict risk with eerie precision.

COVR Global, a London-based InsurTech startup focused on revolutionising insurance claims processing, has secured $2.5m in seed funding to accelerate the development of its AI-powered decision engine.

Integra Insurance Solutions, a UK-based specialist home insurance underwriter, has announced a strategic partnership with Cavere Insurance, a leading provider of innovative, tech-driven home insurance products.

As insurers seek to refine pricing strategies that boost profitability without losing customer trust, price optimisation remains a hot topic in the InsurTech space. But while it can offer strong margin improvements, it also raises ethical red flags, particularly when applied unfairly across new and existing customers. InsurTech pricing platform Quantee is actively exploring this challenge, developing approaches that align strategic business goals with ethical pricing conduct.

Aon, a leading global professional services firm, has unveiled Aon Broker Copilot, an AI-powered, patent-pending platform designed to revolutionise the commercial insurance placement process.

Sapiens International Corporation, a global provider of software solutions for the insurance industry has partnered with Absa Life to accelerate the firm’s digital transformation using the Sapiens Insurance Platform.

Ledgebrook, a US-based InsurTech firm specialising in excess and surplus (E&S) lines of insurance, has raised $65m in a Series C funding round.

One Inc, a digital payments network for the insurance industry, has partnered with Verisk, a global data analytics and technology provider, to deliver a new pre-built payment integration for Verisk’s FAST platform.

Global Insurance Trends 2025: 43 senior insurance executives across more than 10 countries were surveyed for NTT DATA’s InsurTech Global Outlook 2025 Over half...

Tokio Marine HCC, a leading specialty insurance group headquartered in Houston, has appointed Elizabeth Geary as president & CEO of its newly established North America Property & Casualty (P&C) division.