Tag: insurtech

Lumera acquires ITM to enhance UK presence

Lumera, a leading InsurTech company dedicated to the digital transformation of the European life and pensions industry, has entered into an agreement to acquire ITM, as part of its international growth strategy.

Novidea acquires automated document generation leader Docomotion

Novidea, the creator of the cloud-based, data-driven enterprise insurance management platform, has announced the strategic acquisition of Docomotion, an automated document generation technology provider.

MPowered Mortgages’ AI-powered chatbot solving 60% of broker queries

Uk-based firm MPowered Mortgages has reported that its AI-powered chatbot now solves 60% of broker enquiries.

SiriusPoint and Euclid Security forge strategic partnership to enhance liability programme

SiriusPoint Ltd., a global specialty insurer and reinsurer, and Euclid Security Programs LLC, a boutique managing general underwriter (MGU) specialising in security industry risks, have announced a new strategic partnership.

Wefox to replace CEO as board snubs sale proposal

Wefox, the German insurance startup, is set to replace CEO Mark Hartigan by the end of the year.

Raincoat, pioneering AI climate insurance in Puerto Rico, clinches $150k

Raincoat, a startup based in Puerto Rico, has received a significant financial boost with a $150k award from Google.

Slide Insurance raises $175m to boost hurricane preparedness and growth

Slide Insurance, an InsurTech company specialising in homeowners insurance, has secured a $175m senior credit facility.

Zurich acquires AIG’s travel insurance business for $600m to expand global...

Zurich Insurance Group (Zurich), a global leader in insurance services, has announced an agreement to acquire AIG’s global personal travel insurance and assistance business (AIG Travel) for $600m.

Earnix unveils strategic collaboration with NTT Data to drive insurance innovation

Earnix, a global leader in AI-based SaaS solutions for financial services, has announced a collaboration with NTT Data to deliver cloud-based intelligent solutions for pricing, rating, underwriting, and policy personalisation to top property and casualty insurance carriers.

Flock and Admiral Pioneer partner to revolutionise UK fleet insurance

Flock, the London-based InsurTech scaleup, has entered into a new partnership with Admiral Pioneer to transform UK fleet insurance with advanced technology and real-time risk management solutions.

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