Sector Updates

SelectQuote has furthered its partnership with Findhelp, a closed-loop referral management software provider that connects individuals to the US safety net.

Findhelp and SelectQuote boost support for low-income seniors

SelectQuote has furthered its partnership with Findhelp, a closed-loop referral management software provider that connects individuals to the US safety net. The collaboration underscores SelectQuote’s...
Tokio Marine, one of Japan’s largest insurers, and OpenAI, the US-based artificial intelligence company best known for developing ChatGPT, have entered a strategic collaboration to bring generative AI (genAI) into Tokio Marine’s operations.

OpenAI and Tokio Marine join forces on generative AI

Tokio Marine, one of Japan’s largest insurers, and OpenAI, the US-based artificial intelligence company best known for developing ChatGPT, have entered a strategic collaboration...
Datavant, a healthcare data collaboration platform working with payers, providers, life sciences, legal and insurance clients worldwide, has announced its agreement to acquire DigitalOwl, an InsurTech company specialising in AI-driven medical data analysis.

DigitalOwl joins Datavant in legal and insurance data push

Datavant, a healthcare data collaboration platform working with payers, providers, life sciences, legal and insurance clients worldwide, has announced its agreement to acquire DigitalOwl,...
Genpact, an agentic and advanced technology solutions company, has introduced the Genpact Insurance Policy Suite aimed at transforming commercial and specialty business insurance.

Genpact unveils Insurance Policy Suite for insurers

Genpact, an agentic and advanced technology solutions company, has introduced the Genpact Insurance Policy Suite aimed at transforming commercial and specialty business insurance. The launch...
LexisNexis® Risk Solutions, a leading data, analytics and technology provider, has announced the launch of its Home Claims Insights dashboard within the LexisNexis® Insurance Market Insights platform.

LexisNexis launches Home Claims Insights for insurers

LexisNexis® Risk Solutions, a leading data, analytics and technology provider, has announced the launch of its Home Claims Insights dashboard within the LexisNexis® Insurance...
Precisely, a global provider of data integrity solutions, data quality software, and data governance services, has announced plans to expand its Data Integrity Suite with a new generation of AI Agents and a context-aware Copilot.

Precisely launches AI Agents and context-aware Copilot

Precisely, a global provider of data integrity solutions, data quality software, and data governance services, has announced plans to expand its Data Integrity Suite...
Accuracy is paramount in the insurance sector, where even the smallest errors across quotes, binders and policies can trigger regulatory scrutiny, errors and omissions (E&O) claims, or damage to client confidence. Recognising this industry-wide challenge, IntellectAI's Magic Placement simplifies and safeguards  the work of brokers and agents.

IntellectAI’s Magic Placement reduces insurance errors

Accuracy is paramount in the insurance sector, where even the smallest errors across quotes, binders and policies can trigger regulatory scrutiny, errors and omissions...
A leading pharmacy benefit manager (PBM) sought to enhance its member experience by extending white-glove support through its member care advocates. The PBM faced multiple challenges, including encouraging healthy behaviours among members, ensuring adherence to prescribed therapies, resolving prior authorisation denials efficiently, and capturing member sentiment alongside clinical insights.

Ushur powers smarter PBM member support

A leading pharmacy benefit manager (PBM) sought to enhance its member experience by extending white-glove support through its member care advocates. The PBM faced...
Community Health Options, a Maine-based nonprofit health insurer, has selected Gradient AI to help improve its risk management processes for group health clients. 

Gradient AI powers smarter health insurance solutions for Community Health Options

Community Health Options, a Maine-based nonprofit health insurer, has selected Gradient AI to help improve its risk management processes for group health clients.  By adopting...
Manchester-based InsurTech Veridox has raised in a funding round led by Outward VC, with Solly Solomou, founder and CEO of social media giant LADbible, joining through his Solo Investments Holdings vehicle.

LADbible founder supports InsurTech Veridox with £1m

Manchester-based InsurTech Veridox has raised £1m in a funding round led by Outward VC, with Solly Solomou, founder and CEO of social media giant...

News Stories

TPG-backed Third Wave broadens regional brokerage reach

TPG-backed Third Wave broadens regional brokerage reach

Third Wave Insurance, the retail insurance brokerage platform backed by global alternative asset manager TPG, has agreed to acquire five insurance and advisory firms...
Why Cover Genius snapped up Berlin's Friendsurance

Why Cover Genius snapped up Berlin’s Friendsurance

Cover Genius, the embedded protection infrastructure firm, has bought Berlin-based InsurTech Friendsurance, deepening its footprint in European bancassurance and reinforcing its reach across Germany,...
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,...
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