Tag: insurtech

AI neo-insurer MGT secures $21.6m Series B funding

AI-driven commercial insurer MGT, a vertically AI-native neo-insurer focused on modernising property and casualty (P&C) coverage for small businesses, has closed an oversubscribed $21.6m...

Profitable growth in a soft market: How contextual AI and decision...

After more than five years of hard market conditions, the insurance sector is now shifting into a soft market. This shift means firms will need to change their strategies to ensure they can stay competitive and profitable. Quantexa VP Insurance Alex Johnson believes Contextual AI and Decision Intelligence is the key to achieving this.

Afori raises €4m to launch AI platform for insurance brokers

Afori, a new AI platform built specifically for insurance brokers, has emerged from stealth with the announcement of a €4m pre-seed funding round.

Erie Strategic Ventures backs Atomic and Feathery

Erie Strategic Ventures, the venture capital arm of Erie Insurance, has announced investments in two technology-driven startups, Atomic and Feathery. The fund, launched in 2022,...

US cemented its place as the leader in the InsurTech market...

Key Global InsurTech investment stats in Q3 2025: Global InsurTech deal activity grew by 19% QoQ in Q3 US companies secured over half of...

How Agentero is making life easier for agencies and carriers alike

For many small and medium agencies, winning the attention of carriers can be hard enough, but securing their business can be even tougher.

Engage People and Medibank boost health rewards

Engage People has extended its strategic partnership with Medibank, one of Australia’s largest health insurers, to enhance its digital loyalty and rewards offering.

Applied Systems acquires Cytora to expand AI in insurance

Applied Systems has acquired Cytora, a digital risk processing platform for the insurance sector, in a move aimed at strengthening its artificial intelligence (AI) capabilities.

Cytora powers TransRe’s digital reinsurance shift

TransRe has joined forces with digital risk processing platform Cytora to digitise its global facultative reinsurance operations, deploying Cytora’s agentic AI-powered Concierge service to overhaul its underwriting workflows.

Send hires Laura Wathen as CFO to drive next growth

Send Technology Solutions Ltd (Send) has appointed Laura Wathen as its new chief financial officer (CFO), as the InsurTech embarks on its next phase...

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