Latest Indian insurance market News, Insights & Analysis - InsurTech Analyst

Mumbai's InsurTech pioneer Riskcovry secures $4.5m in latest funding round

FinTech News

Mumbai’s InsurTech pioneer Riskcovry secures $4.5m in latest funding round

January 8, 2024

Riskcovry, a Mumbai-based InsurTech startup, has raised around $4.5m in a bridge funding round.

Duck

Company News

HDFC ERGO partners with Duck Creek for India expansion

August 14, 2023

Insurance firm Duck Creek Technologies has recently announced its foray into the Indian general insurance market.

Latest Analysis

Azos, a Brazilian InsurTech focused on individual life insurance, has raised $25m in a Series C round to expand in a market still dominated by Bradesco and Prudential.

Company News

Brazilian InsurTech Azos raises $25m Series C

March 18, 2026

Cytora, a digital risk processing platform for the insurance industry, has launched Cytora Autopilot, a new agentic AI capability designed to enable insurers to automate end-to-end risk workflows for the first time.

Company News

Cytora launches agentic AI to automate risk workflows

March 18, 2026

ZestyAI, a risk and decision intelligence platform for the insurance industry, has secured partnerships with two US regional insurers, Harford Mutual Insurance Group and American European Insurance Group (AEIG), to strengthen property-level underwriting across their respective portfolios.

Company News

Harford Mutual and AEIG partner with ZestyAI

March 18, 2026

AutoRek, a financial operations automation platform, has revealed that 82% of insurers believe AI will dominate the industry's future, yet just 14% have fully integrated it into their financial operations, exposing a stark divide between ambition and real-world adoption across the sector.

Company News

Insurance sector’s AI ambition outpaces action, report finds

March 18, 2026