Latest Bankruptcy News, Insights & Analysis - InsurTech Analyst

Company News

Vesttoo files for bankruptcy protection amidst fraud scandal

August 16, 2023

Israeli FinTech Vesttoo has filed for Chapter 11 bankruptcy protection amidst the company's ongoing fraud scandal.

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InsurTech startup Pibit AI, which builds AI-powered underwriting technology for insurers, has secured $7m in fresh funding as it looks to accelerate development of its platform and expand its team.

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Pibit AI raises $7m to boost insurance platform

November 21, 2025

HawkSoft, a long-standing provider of agency management systems for insurance professionals, has formed a strategic partnership with Liberate, an AI automation firm dedicated to building voice-driven tools specifically for the insurance sector.

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HawkSoft and Liberate bring Voice AI to insurance agencies

November 21, 2025

Staysure, a leading travel insurance provider, has officially launched its suite of tailored travel insurance products in the Republic of Ireland, marking the company’s first major expansion beyond the UK.

Company News

Staysure brings trusted travel insurance to Irish market

November 21, 2025

openIDL, an initiative of the Linux Foundation, dedicated to modernising and standardising insurance data across the global market, has launched the industry’s first free and open production-ready insurance data standard.

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openIDL unveils first open insurance data standard

November 21, 2025