Berlin startup Cognee raised €7.5 mn to build structured memory for AI agents
Berlin startup Cognee secured €7.5 mn to expand its structured memory infrastructure for AI systems and autonomous agents
🇪🇺 Europe Insurance News
Healthtech Pontiro secured £357,5k to scale NHS imaging AI infrastructure
Pontiro raised £357,500 in a round led by SFC Capital, with participation from Plug and Play Ventures and the British Business Bank
Zurich startup Rapidata raised $8.5 mn to scale global AI feedback network
Rapidata, a Zurich-based AI infrastructure startup, secured $8.5 mn in seed funding to expand its human feedback infrastructure
Startup Hemi Health raised €4 mn seed to expand migraine care abroad
Frederiksberg-based Hemi Health secured €4 mn in seed financing to expand beyond Denmark, starting with the Netherlands
Proptech Lystio raises €500 k to scale AI real estate search in Austria
Vienna-based Lystio secured €500,000 to expand its AI-native property portal, with capital directed toward refining its search engine and extending AI-driven product features
Startup Syndicate One reaches €22 mn first close for second fund
Belgium tech startup Syndicate One completed the first close of its second fund at €22 mn, exceeding target demand within eight weeks of its initial pitch
Fintech Fluz launched embedded finance platform for software firms
Fintech Fluz entered embedded finance with the launch of Fluz Platform, opening its payments infrastructure to software companies seeking in-product financial services
Riverside closes $200 mn software growth lending fund at hard cap
The Riverside Company has closed its Riverside Acceleration Capital Growth Lending Fund III at $200 mn, reaching its hard cap
Mistral AI acquires Koyeb to build full-stack AI cloud
Mistral AI has agreed to acquire Koyeb, marking its first acquisition and signaling a shift beyond model development into full-stack AI infrastructure
OSS Ventures raised $47.3 mn to scale in-house software startups
Paris-based OSS Ventures closed the first $47.3 mn for a new vehicle targeting $88.7 mn. The fund will provide follow-on capital to industrial software startups
Startup FYLD raises $41 mn Series B to scale AI for field operations
London-based FYLD, an AI-powered intelligence platform for the infrastructure sector, closed a $41 mn Series B round led by Energy Impact Partners
Startup SurrealDB raised $23 mn, launched v3.0 multi-model AI database
London-based SurrealDB secured a $23 mn extension to its Series A round and released version 3.0 of its multi-model database platform
Spanish Tuio launched first insurer-built AI app approved on ChatGPT
OpenAI has approved the first insurance provider-built AI application to operate inside ChatGPT, clearing the way for real-time insurance distribution within a conversational interface
Insurtech Concirrus unveils AI-native Inspire underwriting platform
Concirrus has launched Concirrus Inspire, an AI-native underwriting platform built for specialty insurers and MGAs seeking faster decision cycles without loosening risk controls
Insurtech Carpe Data names Glenn Shapiro board chairman
Carpe Data appointed Glenn Shapiro as Chairman of its Board of Directors, adding a senior claims executive with more than three decades of experience at major US carriers
DQPro selects Hartford for US expansion with InsurTech Corridor support
London-based specialty data firm will build US operations in Connecticut, citing access to carriers and regulatory guidance
Talanx completes buyout of Polish insurers Warta and TU Europa stakes
Talanx AG has closed its acquisition of minority stakes in two Polish insurers from Meiji Yasuda Life Insurance Co., ending a strategic cooperation agreement
UK insurers pay £6.1 bn property insurance claims as weather losses climb
Insurers in the United Kingdom paid out £6.1 bn in property claims during 2025, including £1.5 bn in the fourth quarter alone
Pinion Insurance launches with $180 mn Barings backing
Pinion Insurance has launched as a specialty carrier backed by a preferred equity commitment of up to $180 mn from Barings
Insurtech Sixfold raised $30 mn Series B to scale GenAI Underwriter platform
Sixfold has secured $30 mn in Series B funding to expand its AI-driven underwriting platform. Brewer Lane led the round, with strategic backing from Guidewire
ZeroDrift raises $2 mn from a16z to automate finance compliance
ZeroDrift has launched with $2m in pre-seed funding led by a16z speedrun, positioning itself as a real-time compliance firewall for regulated industries
Insurtech Wrisk acquires Atto to expand embedded finance and credit intelligence
UK-based insurtech Wrisk has acquired Atto, a real-time financial intelligence platform, as it deepens embedded finance and protection capabilities
Admiral Group to acquire fleet insurtech Flock in £80 mn deal
Admiral Group has agreed to acquire Flock, a UK digital commercial fleet insurtech, in a transaction valuing Flock’s equity at £80 mn
Insurtech mea secured $50 mn from SEP to scale insurance AI platform
AI-native insurtech mea has raised $50 mn in minority growth equity from SEP, marking its first external funding round
Insurtech Lassie raised $75 mn to scale prevention-first pet insurance in Europe
Stockholm-based Lassie has secured $75 mn in Series C funding to expand its prevention-led pet insurance model across Europe
Italian startup Intuos raises €720 k to digitise general aviation fleets
Italian startup Intuos secures €720k to expand fleet management platform into the US after Europe growth and South Africa distribution deal
Chase launched Chase Protect bundled insurance product in the UK
Chase introduces Chase Protect in the UK, combining travel insurance, mobile phone cover and AA breakdown assistance into a £12.50 monthly bundle integrated within its banking app
Automata raises $45 mn Series C to scale LINQ lab automation
London-based Automata secures $45 mn Series C led by Dimension to expand its LINQ modular robotics platform and deepen integration with Danaher technologies
Insurtech ManageMy raised $45 mn to scale global insurance platform
Insurtech ManageMy secures $45 mn, including $20 mn Series B, to expand internationally and advance AI-driven capabilities across its platform
Bound raised €20.7 mn Series A to scale automated FX hedging
UK-based Bound secures €20.7 mn Series A led by AlbionVC to expand automated FX risk management across Europe after trading €1.6 bn in 2025
FinTech Duna raised €30 mn Series A to scale AI business identity platform
Amsterdam-based Duna secures €30 mn Series A led by CapitalG to expand its AI-native digital passport for businesses and scale enterprise identity infrastructure
Startup Chiral raises €10 mn Seed to scale nanomaterial chip integration
Swiss DeepTech startup Chiral secures €10 mn Seed round to commercialise robotic nanomaterial integration for next-generation semiconductor and quantum devices
BioTech Aerska raised €32 mn Series A to advance RNAi brain delivery platform
Dublin-based Aerska secures €32 mn Series A to scale brain shuttle technology for RNAi therapies targeting Alzheimer’s and other CNS diseases
Elaia secures €120 mn first close for Digital Venture Fund V targeting European B2B tech
Paris-based Elaia launches €120 mn first close of DV5, aiming for €300 mn to back European B2B startups from pre-Seed to Series B across AI
Trener Robotics raised €26 mn Series A to scale AI skills platform for industrial automation
Norway and US-based Trener Robotics secures €26 mn Series A to expand its Acteris AI robot skills platform and accelerate R&D, partnerships, and global growth
Fintech Overmind raised €2.3 mn to secure agentic AI in regulated sectors
London-based Overmind secures €2.3 mn seed round to build supervision infrastructure for AI agents across legal, healthcare and FinTech markets
German P&C and life insurance profit easing in 2026 after strong 2025 – Moody’s
Moody’s says German P&C and life insurers improved in 2025, but expects underwriting profitability to soften in 2026 as cat losses normalise
Facultative reinsurance market enters softer phase – Gallagher Re
Gallagher Re’s Pablo Muñoz reports global facultative reinsurance pricing softening after January 1 renewals, driven by abundant capital and expanding appetite
Insurance broker stocks slide after OpenAI approves first carrier AI app
Broker shares fall about 9% after ChatGPT approves an insurer AI app, as analysts debate disintermediation risks and long-term impact on distribution
Pension Insurance Corporation secures £155 mn buy-in for Vistry schemes
Pension Insurance Corporation secures £155 mn buy-in covering 1,671 members across three Vistry final salary pension schemes in the UK
Reinsurers face softer rates yet margins seen strong in 2026
Autonomous expects robust reinsurance profitability in 2026 as structural price adequacy and stable terms offset mid-teen rate declines in property cat.
Kniazha VIG secures $25 mn DFC war risk reinsurance facility
Kniazha VIG signs $25 mn reinsurance facility with US DFC, enabling up to $100 mn in war risk cover for Ukrainian SMEs and private property
Gallagher Bassett buys Reck & Co to expand marine insurance claims reach
Arthur J. Gallagher expands claims platform as Gallagher Bassett acquires Germany-based Reck & Co, strengthening cross-border marine and transport claims services
Deutsche Bank weighs return to life insurance via Frankfurter Leben
Deutsche Bank and DWS consider a minority stake in Frankfurter Leben, reopening life insurance exposure after a decade away from the sector
SCOR expands cyber underwriting with MGA Baobab partnership in Germany
SCOR adds Lloyd’s capacity to Baobab Insurance’s CyberSafe policies, extending cover to firms up to €1 bn in revenue across Germany and Austria
Cyber reinsurance rates drop 32% at Jan 2026 amid capacity glut
Gallagher Re reports a 32% fall in risk-adjusted cyber aggregate excess of loss rates at 1 Jan 2026 renewals as excess capacity and softer terms reshape the market
Willis adds Dubai and Madrid to global D&F reinsurance placement hub network
Willis expands its direct and facultative placement network with new hubs in Dubai and Madrid, extending global market access through a single coordinated platform
Cargo theft shifts online as insurers warn of rising digital freight fraud
IUMI and TAPA EMEA warn cargo crime is surging worldwide, with digital fraud replacing physical theft as losses reach billions across supply chains
Aviva launches private clients unit via Lloyd’s of London market expansion
Aviva enters a new high-net-worth phase by launching Aviva Private Clients through Lloyd’s, enabling cross-border cover, multi-currency policies, and bespoke underwriting
FCA urges insurers to rebuild trust as 66% of 🇬🇧 UK consumers remain sceptical
FCA deputy chief executive Sarah Pritchard says insurers must fix trust gaps as new data shows 66% of UK consumers distrust the sector despite high claims payouts
Radian completes $1.67 bn acquisition of Lloyd’s re/insurer Inigo
Radian closed its $1.67 bn purchase of Inigo, reshaping the group into a global specialty insurer and lifting EPS and ROE expectations for 2026
Reinsurance cycle looks steadier as capacity builds and T&Cs tighten
Autonomous sees a more rational reinsurance cycle, though rising capacity and softer pricing are expected to pressure terms and conditions through 2026
Munich Re launches Lloyd’s pandemic parametric insurance consortium
Munich Re sets up a Lloyd’s consortium offering parametric pandemic cover, using WHO-based triggers to address a widening global protection gap
ILS market targets another record year after $24 bn issuance
Strong investor demand, reinvestment flows, and maturing cat bonds position the ILS market for another high-volume issuance year in 2026
Italian insurance market grows toward €150 bn as non-life stays strong
Italy’s insurance market expanded through 2025, with non-life premiums rising about 8.5% and digital adoption reshaping distribution and risk models
German healthtech Recare raises €37 mn to scale AI platform abroad
Berlin-based Recare secures up to €37 mn led by DNV to expand its AI-driven hospital workflow platform and accelerate international growth
Paris VC Daphni closes €260 mn Blue fund for science-driven startups
Daphni finalises its €260 mn Blue fund to back European science-based startups, as DeepTech capital flows stay strong across 2025–2026
Health and Safety tops global D&O risk rankings as climate and AI concerns fade
Health and safety is the leading risk for directors and officers worldwide for a second year running, according to the Global D&O Survey
Plum adds embedded travel insurance via insurtech Qover to Max subscription
UK fintech Plum partners with Qover to bundle worldwide travel protection into its Max plan, expanding embedded insurance within its money management app
Rising re/insurance M&A activity in 2026 will open fresh opportunities in the run-off market
Rising reinsurance M&A activity in 2026 is likely to open fresh opportunities in the run-off market, as insurers carve out non-core portfolios before and after transactions
Aerospace and defense M&A reached 532 deals in 2025, as business aviation attracts private equity, family offices, and growth investors
Global insurance M&A stabilised, as insurers and brokers took a more strategic approach to acquisitions amid falling interest rates and a realignment of strategic priorities
Insurance brokers push debt-financed acquisitions amid slowing growth, Fitch warns credit risks rise but strong cash flow keeps leverage tolerable
Major deals have led global M&A activity in 2024, showing increasing confidence among dealmakers despite geopolitical and economic challenges