Tag: insurtech

Zorro, a next-generation benefits administration platform, has secured $20m in Series A funding as it looks to transform how healthcare benefits are delivered to brokers, employers and employees across the United States.

The insurance sector is at an important crossroads. It is currently in a period of increased competition and market pressure, meaning existing growth and profitability strategies are under strain. They need to find a way to cope with this market pressure but not stifle their future growth.

Cyber risk analytics provider Cyberwrite has deepened its collaboration with Markel Insurance to enhance cyber underwriting, broker enablement, and risk modelling capabilities across European markets.

Crabi, a full-stack digital auto insurance company based in Mexico, has secured $13.6m in a new funding round to boost its AI-powered insurance offering and expand access to affordable vehicle coverage nationwide.

Frank Winston Crum Insurance has partnered with Akur8 to enhance its risk modelling, pricing, and reserving processes through the adoption of Akur8’s core platform solution.

For years, digital transformation in sectors like healthcare, insurance, and financial services has concentrated heavily on front-end innovation, enhancing customer-facing interfaces like apps and portals. However, the underlying infrastructure has often remained disjointed and inefficient, with outdated workflows, compliance risks, and manual intervention creating friction and operational silos.

Insurance brokers are under growing pressure to process increasingly complex documentation while maintaining accuracy and speed. From comparing quotes to evaluating binders and policies,...

Totalis Program Underwriters has introduced a new managing general agent, Spotlight Entertainment Insurance, to address the unique insurance needs of businesses supporting production companies in the entertainment sector.

Nearmap has announced the acquisition of itel, a move set to reshape the property insurance landscape by combining two trusted sources of underwriting and claims data.

Kayna, a fast-growing InsurTech based in Cork, has announced plans to create 13 new jobs as it prepares for a major push into the UK and US insurance markets.