Vienna Insurance Group approved board changes across the group, Wiener Städtische Versicherung and DONAU Versicherung, with all appointments taking effect on 1 July 2026
Aon expects legacy transactions at Lloyd’s to accelerate as softer reinsurance conditions, M&A activity and focus on historic risk push carriers toward balance sheet action
Westfield Health introduced Evolve, a digital platform for intermediaries, as revenue approaches £100 mn and demand grows for flexible health benefits
Zurich-based Herbert Ventures launched a €32.5 mn fund targeting pre-Seed and Seed startups across Europe, with a focus on fast execution and founder alignment
London-based MillTech raised €51 mn from Apax Digital Funds, valuing the firm at €277 mn as it scales AI-driven FX hedging and treasury solutions
London-based Round Treasury secured €5.1 mn in Seed funding to expand its AI-driven platform and launch Agentic Workflow Builder and Autonomous Payroll
Karlsruhe-based Nesto secured €11 mn from Expedition Growth Capital to expand its AI-driven workforce management platform across Europe
Intelligent AI expanded into the US via the Connecticut InsurTech Corridor, targeting incomplete submissions and data quality issues in property underwriting
Aon increased its Data Center Lifecycle Insurance Program to $3.5 bn, adding coverage for operational data centers as digital infrastructure risks grow
Kyiv-based Obriy AI secured $500,000 in pre-seed funding from N1 Investment Company to expand SURE, its workflow automation platform for enterprise and public-sector use
Standard Life agreed to acquire Aegon UK for £2bn, creating the UK’s largest retirement savings and income business with 16mn customers
UK autonomous driving firm Wayve added $60mn to its Series D, lifting valuation near $9bn as it moved toward robotaxi trials and wider vehicle deployment
Scottish fintech Aveni launched the Agent Assurance Expert Council to shape controls, transparency and trust around agentic AI in financial services
UK startup Compound secured £500k to modernise workplace pensions, targeting low engagement and high opt-out rates with automation and improved UX
Paris-based Kulipa raised $6.2mn in seed funding to expand stablecoin-funded card issuing across regulated markets in Europe, Africa and the US
Round raised $6 mn in Seed funding to automate treasury, payments and payroll, after processing more than $500 mn in transactions
UK startup Ralio secures $2.5 mn pre-seed to develop payment infrastructure for AI agents, targeting secure autonomous transactions
Paris-based Omniscient secured €3.5 mn in pre-Seed funding to expand its AI decision platform for boards and senior executives across global organisations
Madrid-based Xoople raised €112.6 mn in Series B funding to scale its Earth data platform and expand real-time intelligence for AI, insurers, and enterprises
London-based Trent AI raised €11 mn in seed funding to build security infrastructure for autonomous AI systems as enterprise adoption outpaces governance
Businesses face higher cyber risk from breaches, outages, and human error. Strong backups, staff training, the right tools, insurance, and response plans help
Berlin-based Midas secured $50 mn in Series A funding as it expands tokenised asset issuance, DeFi integrations, and instant-redemption infrastructure
Moody’s said Allianz, AXA, Generali and Zurich posted strong 2025 results, though weaker pricing momentum and rising geopolitical risk threaten earnings growth
Parametrix said critical cloud downtime fell 28% in 2025, though major outages at AWS, Azure, Google Cloud, and Cloudflare kept digital supply chain risk elevated
Autonomous said reinsurance renewals stayed soft, rate cuts widened in property and specialty, and profits still support mid-to-high teen returns on equity
Moody’s said P&C reinsurance profitability has likely peaked as pricing softens, competition spreads, and European reinsurers adjust risk appetite
Qover raised a $12 mn growth facility from CIBC, pushing total funding past $100 mn as it expands its embedded insurance platform and AI stac
Global InsurTech funding picked up in 2025 after three weak years. Total investment rose 19.5% year on year to $5.1 bn, the first annual gain since 2021
Aon said global reinsurance capital reached a record $785bn in 2025, with traditional and alternative capital both climbing as renewal competition increased
Allianz says severe convective storms are driving heavy insured losses, with hail as a major factor and AI becoming more important in resilience planning
KYND says privacy lawsuits tied to website tracking are rising fast, with SMBs showing higher exposure and insurers facing a harder-to-detect accumulation risk
J.C. Flowers will take a controlling stake in Niyam and lead investment in Syndicate 2047, building a reinsurance platform from GIFT City into India
The Geneva Association says cyber threats are rising faster than many firms can manage, with cyber insurance still underused as a resilience tool, especially among SMEs
WTW said 12 mega deals worth $10 bn or more closed in Q1 2026, pushing total completed deal value to a five-year high of $438 bn
AM Best said the London Market outlook remains stable, though profitability is expected to soften in 2026 as pricing eases and risk pressures build
Acrisure UK Broking acquired Confidas, Heathwoods, Marrs and Smith Greenfield, expanding its specialist strength in commercial, property and private client insurance
Santam Syndicate 1918 appointed Nigel Tatlock as Head of Property as it expands its Lloyd’s platform and builds out global property underwriting
Howden Re said 1 April renewals extended January’s softening trend, with Japan property-cat rates falling and Hormuz-driven stress staying focused in specialty lines
Zalos secured €3.1mn to expand its Computer Agents for finance teams, targeting large enterprise deployments and on-premise systems without ERP replacement
UK insurer First Central is working with Deutsche Bank and UBS on a potential London IPO that could value the company at around £1 bn
The UK will board Russian shadow fleet vessels in its waters, tightening pressure on oil shipments tied to Moscow’s war funding and sanction evasion
Readhunt received Lloyd’s broker registration, giving the UK insurance broker direct access to Lloyd’s syndicates for more tailored commercial risk solutions
Niyam Group received Lloyd’s approval for Syndicate 2047 and named Devesh Srivastava chairman as it builds a reinsurance platform for India
Munich Re says agent-based AI will change cyber offence and defence, widening attack surfaces, pressuring trust, and raising the pace of cyber threats
Munich Re says cyber risks are widening beyond ransomware and calls for stronger resilience, broader cyber insurance uptake, and closer market collaboration
Barcelona-based Galtea secured €2.7 mn to expand its AI evaluation platform, helping enterprises test AI agents with less cost and better production reliability
Lloyd’s will keep insuring Strait of Hormuz voyages, though shipowners stay away as war risk premiums jump and underwriting shifts to case-by-case review
Sofia-based Mandel AI secured €3.6mn from Y Combinator and others to automate supplier coordination, detect disruptions, and streamline procurement
Arkadia Space secured €14.5 mn from the EIC Accelerator to scale green propulsion systems for satellites and push commercial rollout in Europe
Amsterdam-based OpenUp secured €20 mn from Smartfin and Rubio to expand across Europe and grow its employee mental health platform
Irish insurtech Kayna secured €1.5 mn in seed funding to grow in the UK and US and expand embedded insurance for vertical SaaS platforms
Allianz announced board changes effective 2027, including Tomas Kunzmann’s promotion, new regional responsibilities, and a CFO mandate extension
Vienna Insurance Group posted strong 2025 growth, lifted profit above EUR 1 bn, and proposed a 12% dividend increase as expansion plans continue
French health insurtech Alan raised $116 mn at a $5.83 bn valuation, backing AI investment, international growth, and further platform expansion
UK InsurTech Loxa raised £2.7 mn in seed funding to expand across Europe, grow retail partnerships, and broaden product protection coverage
HSB introduces AI liability cover for SMEs, addressing gaps in general liability policies linked to AI-driven claims and exposures
Willis teams with Qover to expand embedded insurance capabilities, combining APIs, analytics, and market access for UK businesses
Certua Life enters the UK market with embedded life insurance products, targeting unmet demand through fintech, benefits, and wealth platforms
Lloyd’s reports £10.6 bn profit, £57.9 bn premiums, and stronger capital in 2025 while launching a five-year strategy to improve returns
Lloyd’s names 12 InsurTech startups for Cohort 16, focusing on efficiency, new products, and Ireland-led resilience themes
