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We regularly curate the latest insights and reports provided by and in collaboration with our partners and stakeholders to create the largest platform for knowledge-sharing and development within the world’s insurance industry.
Stride to Partner with Roadie and its 200,000 Drivers
Stride has announced it is partnering with Roadie to provide comprehensive support to independent drivers across the USA.
Pool Re to Partner with Optalitix and Implement New Treaty and Claims Management System
Optalitix, the award winning insurtech specialising in data analytics solutions, announced today that it is partnering with Pool Re to implement a new end-to-end treaty and claims management system with full auditability and enhanced reporting.
Corvus Expands its Small Business Cyber Offering whilst Doubling Underwriting Offer
Corvus Insurance, a leading cyber underwriter powered by a proprietary AI-driven cyber-risk platform, has announced that it will expand its underwriting capabilities and cyber services for policy holders.
Zurich Global Startup Programme Announces Nine Winners of Innovation Championship 2024
Zurich Insurance Group has announced the winners of its Fifth Innovation Championship. The nine winners all excelled in fulfilling Zurich’s ambition: leveraging technology to transform the customer experience.
Swiipr Secures US$7.6 Million to Revolutionise Airline Disruption Payments
Swiipr, a travel paytech company announced it has secured US$7.6 million in funding to further develop its platform aimed at disrupting and revolutionising airline disruption payments.
Relation Insurance Continues Expansion with Acquisition of First Insurance
Relation Insurance Services, a US-based insurance broker, has expanded its presence in the USA with the acquisition of First Insurance, an Oklahoma- based affiliate of First Bank; financial details related to the deal, effective 1 April 2024 were not disclosed.
One80 Launches Pioneering AI Warranty Coverage in Partnership with Armilla AI
One80 Intermediaries, a Boston-headquartered specialty insurance broker has revealed an innovative AI warranty coverage for enterprises which was developed in partnership with Armilla AI.
discovermarket to Enter the Philippines in Partnership with Globe
Swiss-based Insurtech discovermarket has announced its entry into the Philippine market through a partnership with Globe. The collaboration aims to introduce embedded Personal Cyber Insurance, targeting Globe’s existing Platinum subscribers.
Lloyd’s and the Bermuda Monetary Authority sign MoU Committing to Fostering Innovation and Education
Lloyd’s, the world’s biggest marketplace for insurance and reinsurance, today revealed it has signed a Memorandum of Understanding with the Bermuda Monetary Authority (Authority OR BMA) committing to working in partnership to support, develop and share knowledge across the international insurance market.
Howden Partners with AutoRek to Enhance Back-Office Operations
Global insurance intermediary group Howden has announced a new partnership with leading software provider AutoRek to enhance the efficiency of its key back-office processes through intelligent automation.
Majesco Announces Gold Sponsorship at 2024 Insurtech Insights Conference
Majesco, a global leader in cloud insurance solutions, has announced its Gold sponsorship at the 2024 Insurtech Insights conference, set to take place in New York from June 5th to June 6th.
Orca AI Raises US$23 million Following Partnership with Marine Insurer North Standard
Orca, the AI shipping specialty company has announced $23 million in new funding, taking the total raised by the Tel-Aviv based company to $38.6 million.
ABAX Brings Fair Insurance to Norway Following Successful Launch in Sweden
Following its successful launch of Fair Car Insurance in Sweden last November, European Telematics giant ABAX has announced it will be bringing its coverage to Norway.
Group Medical Services Partners with CoverGo to Transform its Digital Ecosystem
Group Medical Services (GMS), the Canadian Health Insurance provider has announced it is partneringwith no-code SaaS CoverGo, to transform its digital ecosystem.
Marsh McLennan Announces Sentrisk, an AI-powered Solution to Assess Supply Chain Risk Management
Marsh McLennan, the Global Re/Insurance broker has announced the launch of Sentrisk, an AI-Powered platform which offers integrated advisory services. Sentrisk aims to reshape the way that businesses manage their global supply chain risks.
Lloyd’s Lab Opens Applications for its 13th Cohort
Lloyd’s Lab, the renowned 10-week innovation accelerator, is now accepting applications for its 13th cohort.
AmeriLife Maintains Growth as it Announces a Pair of Further Acquisitions
AmeriLife, one of the USA’s most significant health, life, and annuity marketing organisations has announced two recent acquisitions which cements its status as a holistic retirement services leader.
Life5 Expands to Italy in Partnership with Allianz Global Life to Transform Life Insurance
Life insurance provider Life5 has partnered with Allianz Global Life to enter the Italian market with the goal of transforming insurance offerings.
Tego Announces Partnership with AI-specialist Five Sigma to Modernise its Claims Management Process
Tego, a specialist underwriter to the Australian healthcare industry has announced it will partner with Five Sigma’s AI-native claims management platform to simplify and optimise its claims management processes.
The Top Seven “Must-Haves” of Insurance Software Platforms
Eric Ayala, Managing Director of Americas for Novidea, discusses the leading insurance software platforms in the insurance industry, and why they are transforming the way we do business.
Swiss Re Institute Predicts Boom in Life Insurance as Interest Rates Surge
The Swiss Re Institute forecasts a significant boost in profitability for the life insurance industry due to rising interest rates.
CoverSure Announces $4mn pre-Series A to Enhance Insurance Holders with Personalised Customisation Facility
Coversure, an Indian insurtech, has announced it has raised $4 million in pre-Series A funding round, which was led by the seasoned regional investor Enam Holdings.
bolttech Partners with HAVA.id to Offer Device Protection Solutions in Indonesia
International insurtech company bolttech has announced a strategic partnership with HAVA.id, a prominent B2B procurement company in Indonesia.
UK Insurtech Broker Insights Announces Leadership Revamp as Peter Scott becomes CEO in view of a US expansion.
Broker Insights, an insurtech which empowers the commercial insurance industry through data-driven decision making, has announced a change in leadership as the company eyes an accelerated expansion in the USA.
AUB Group to Acquire 70% Equity Stake in Pacific Indemnity
AUB Group, an Australian equity-backed insurance broker network, has announced an agreement to acquire a 70% equity stake in Pacific Indemnity, a specialty underwriting agency based in Australia.
QuoteWell and IIAT Forge Partnership to Transform Insurance Brokerage
QuoteWell, a technology-driven insurance wholesale broker, has partnered with the Independent Insurance Agents of Texas (IIAT).
AXA Ups its Game: Announces Partnership with UEFA Women’s EURO 2025
AXA has announced that it is supporting UEFA Women’s EURO 2025 as an Official Partner. The new partnership ties in with AXA’s existing commitment to promote sportswomen and advance greater gender equality in football. AXA is also the official training partner of Liverpool FC’s women’s team.
The MicDrop Agency Named PR Agency of Record for Insurtech Insights USA Conference
The MicDrop Agency, an award-winning communications firm, has been named the official PR Agency of Record (AOR) for Insurtech Insights USA, the leading insurtech conference.
Benekiva Partners with GovCIO to Modernise VA Life Insurance Claims Processing
Benekiva, a leading provider of cloud-based claims automation solutions, has announced a strategic partnership with GovCIO, a rapidly growing provider of advanced technology solutions and digital services to the federal government.
Aflac Partners with Nayya to Enhance Access to Supplemental Health Benefits
Aflac has announced a strategic partnership with Nayya, a provider of personalised digital benefits guidance, aimed at improving employee access to supplemental health benefits.
HDI Announces Strategic Fronting Partnership with Hallmark Financial Services
HDI Global Insurance Company, the U.S. subsidiary of international commercial insurer HDI Global SE, has announced a strategic partnership with Hallmark Financial Services.
Cytora Launches Free Digital Risk Processing Training Platform for Insurance Industry
Cytora, a leading digital risk processing platform, has launched the Risk Flow Academy, a free digital learning platform tailored for commercial insurance professionals.
Next Insurance Introduces New Solution with LegalZoom
Next Insurance has launched a new solution capable of generating accurate and customized insurance quotes within seconds.
Cover Whale Secures US$27.5 Million Investment from Morgan Stanley Expansion Capital
Cover Whale, a leading InsurTech company specialising in connected insurance for commercial auto, has successfully secured US$27.5 million in debt and equity from investment funds managed by Morgan Stanley Expansion Capital.
Data, AI, and Ethics: Three Key Learnings from Insurtech Insights Europe 2024
Adrian Coupland, Head of EMEA at Earnix, shares his thoughts and experiences following Insurtech Insights Europe, 2024, in London recently.
LEADERSHIP SPOTLIGHT: Josh Ofman, MD, MSHS, and President of GRAIL
Josh Ofman, President of GRAIL, shares insights on his medical career, advancements in cutting-edge cancer detection, and transformative healthcare technologies.
FWD Group and AWS Extend Partnership with Five-Year Agreement
Pan-Asian life insurance company FWD Group Holdings Limited (“FWD Group” or “FWD”) has announced a five-year extension of its technology services agreement with Amazon Web Services (AWS).
EMPOWERING INSURANCE: Margeaux Giles, Founder and CEO of Irys on Scaling and Innovating
From launching her first startup at 19 to revolutionising the insurtech space with Irys, Margeaux Giles is a force to be reckoned with.
BOXX Insurance Partners with Zurich to Launch Innovative Cyber Protection Product in Switzerland
BOXX Insurance Inc., an award-winning global insurtech specialising in cyber insurance and security, has announced the launch of a groundbreaking cyber risk solution in collaboration with Zurich Insurance Group.
MetLife Introduces My Leave Navigator to Enhance Employee Leave Planning
MetLife has unveiled My Leave Navigator, a new addition to its suite of MyBenefits digital tools, designed to assist employees in planning time away from work due to disability or other events.
Berlin Insurtech INZMO Launches AI-Powered Legal Chatbot to Support Tenants and Landlords
INZMO, the leading Berlin insurtech serving the European rental industry, has today launched RentalBot, an AI-powered legal chatbot aimed at helping tenants and landlords in Germany’s strained rental market get easy access to tailored legal information and support.
Vitesse Raises US$93 Million in Series C Led by KKR, Appoints Curt Hess as US Executive President
Vitesse, a leading treasury and payment solutions provider for the insurance industry, today announced the completion of a $93 million Series C funding round led by leading global investment firm, KKR, with participation from existing investors, including Hannover Digital Investments.
Pet Insurtech Lassie Expands to France After Rapid Growth in Sweden and Germany
Lassie has announced its expansion into the French market after seeing rapid growth in Germany and Sweden.
Howden Acquires Latin American Parametric Insurance Specialist MiCRO
Howden has announced the acquisition of MiCRO, a microinsurance specialist focused on providing parametric insurance coverage to underserved populations in Latin America, specifically against natural catastrophes.
Arbol Raises US$60 Million in Series B Funding to Expand Climate-Based Insurance Coverage
Arbol, a climate-focused insurtech startup, has successfully raised $60 million in a Series B funding round. Giant Ventures and Opera Tech Ventures co-led the round, with participation from Mubadala Capital, joining existing investors Finch Finance and Space Capital.
Mason Owen Launches UK’s First AI Platform for Legal Indemnity Insurance
Mason Owen has introduced a pioneering legal indemnity insurance platform, Instant Title Solutions (ITS), which leverages artificial intelligence to streamline the insurance process.
Farmers Insurance to Resume California Commercial Multi-Peril Business in August
Farmers Insurance has announced that it will resume accepting new commercial multi-peril applications in California starting August 1, 2024.
How Data Analytics is Reshaping Insurance in Southeast Asia
Ben Potts, Managing Director International, at Novidea, discusses how data analytics is transforming the insurance landscape throughout Southeast Asia.
Watershed Health Raises $13.6 Million in Funding Round
Care coordination company Watershed Health has successfully completed a $13.6 million funding round.
Munich Re Specialty – North America Partners with Kalepa to Deploy Copilot Underwriting Platform
Munich Re Specialty – North America has announced its collaboration with Kalepa, a prominent InsurTech leader, to deploy the Copilot underwriting platform.
Wefox Warns Investors of Potential Insolvency by Summer
European insurer Wefox, valued at $4.5 billion just two years ago, has alerted shareholders to a potential insolvency risk by the summer, according to information obtained by Sky News.
SBLI Partners with GRAIL for Early Cancer Detection Pilot
The Savings Bank Mutual Life Insurance Company of Massachusetts (SBLI) has announced a new pilot program in collaboration with healthcare company GRAIL.
Insurance Leaders Unite for Climate Change Discussion on LinkedIn Live
As the global community grapples with the increasing impact of climatic disasters, the insurance industry is preparing for a significant discussion aimed at addressing these challenges.
Insurity Partners with Certificate Hero to Cut Certificate Issuance and Renewals Time by up to 75%
The partnership between Insurity and Certificate Hero will transform service offerings and foster long-term client retention through the innovative use of AI and advanced technological capabilities
Lloyd’s Veteran Appointed as Head of St. John’s Risk Management School
Hank Watkins, regional director and president of Lloyd’s Americas, is set to take on a new role as the executive director and associate dean of St. John’s University’s Maurice R. Greenberg School of Risk Management, Insurance, and Actuarial Science.
Digilog and Claim Technology Partner to Boost Risk Detection
Digilog UK have announced that they are bringing voice analysis technology, which can identify and validate risk within telephone and video-based conversations, to the Claim Technology Marketplace.
Norwegian Flood Risk Startup, 7Analytics, Secures €4 Million Investment
Norwegian flood risk startup, 7Analytics, has announced a successful funding round of €4 million from Scale Capital, a prominent investment firm.
Swiss Re Reports a First-Quarter IFRS Net Income of US$ 1.1 Billion
Swiss Re has posted a net income of US$ 1.1 billion for the first quarter of 2024. The result benefitted from underwriting discipline and strong investment income.
BimaPay Raises US$2 Million Funding to Drive Tech-Enabled Insurance Solutions
BimaPay, an insurtech startup, has successfully secured US$2 million (approximately INR 16.7 crore) in funding, led by LC Nueva Investment Partners.
Earnix and Exavalu Partner to Help P&C Carriers Modernise Pricing and Rating Flexibility
Earnix, a leading global provider of AI-based SaaS pricing and rating solutions for financial services, and Exavalu, a prominent global insurance digital advisory and system integration consulting firm, have jointly announced a strategic partnership.
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