Startup Ora Computing raises €3.5 mn for AI model compression
Vienna-based Ora Computing raised €3.5mn to reduce AI model memory use, lower inference costs and support edge deployments
InsurTech News
Latest InsurTech startups news and research of global insurance technology industry. Explore the latest insights, trends and breaking InsurTech market news from Beinsure.
InsurTech News covers the latest trends in the insurance technology sector and provides updates on innovative technologies and startups transforming the insurance industry. It highlights advancements in areas such as artificial intelligence, blockchain, and digital platforms that enhance underwriting, claims processing, and customer engagement.
Osney Capital closes £60 mn UK cybersecurity seed fund
Osney Capital closed its £60mn debut fund, backing UK cybersecurity startups across AI security, supply-chain protection and cyber risk
Lemonade launches Tesla FSD car insurance in Colorado
Lemonade expanded its Autonomous Car insurance to Colorado, offering Tesla drivers 50% off miles driven with Full Self-Driving Supervised
Startup Unloq raises £900k to build AI decision intelligence platform
Birmingham AI startup Unloq secured £900k to expand its decision intelligence platform, grow engineering capacity and scale enterprise adoption
Insurtech Honeycomb expands landlord and condo insurance into Nevada and Oregon
Honeycomb Insurance started writing policies in Nevada and Oregon, giving agents digital access to landlord, condo association and excess liability coverage
Festina Finance raises €25 mn to expand life insurance and pension technology across Europe
Festina Finance secured more than €25 mn from Birchway Capital to expand its cloud-native pension and life insurance platform across Europe
Tsuga raises $35 mn Series A to expand AI observability platform
Paris-based Tsuga secured $35 mn in Series A funding to scale its AI-native observability platform and expand enterprise cloud deployments
Fintech equipal secures £16.3 mn to expand UK equipment finance platform
UK FinTech equipal raised £16.25 mn from Altum Capital to expand SME equipment finance, grow its team and scale embedded lending
Fintech Warren raises €10 mn for Belgian workplace pensions
Ghent FinTech Warren raises €10 mn to expand workplace pension services in Belgium before entering European markets
SuperPlane raises $2.6 mn for AI engineering workflow control
SuperPlane raises $2.6 mn pre-seed funding for open-source AI workflow software, bringing controlled automation to production engineering teams
Insurtech Braven raises $4.6 mn in seed for re/insurance infrastructure growth
Braven raises $4.6 mn seed funding and opens a London office to expand delegated authority and specialty insurance infrastructure
Canada life insurers use AI to close 42% insurance coverage gap
Manulife and PolicyMe expand AI underwriting as 42% of Canadians lack life insurance or remain unsure about their coverage
Insurance AI hiring rises 32% despite workforce cuts
Insurers hired 32% more AI specialists last year as overall headcount fell 2.2%, according to Evident’s latest sector index
Digital insurance platform market to reach $432 bn by 2035
Digital insurance platform market is forecast to grow from $173.3 bn in 2026 to $432.2 bn by 2035 at a 10.7% CAGR
Home insurtech Hippo places $777 mn reinsurance program for 2026
Hippo renews its 2026 reinsurance program with $513 mn first-event catastrophe protection and $777 mn aggregate coverage
Aryon Security raises $29 mn in Series A funding for cloud enforcement
Aryon Security raises $29 mn Series A to expand its cloud security enforcement platform for preventing misconfigurations before production
Cyera raises $600 mn at $12 bn AI security valuation
Cyera raises $600 mn to expand its AI security platform for data governance, DSPM, DLP, identity, privacy, and agentic risk control
Jeff Bezos-backed Prometheus raises $12 bn in a Series B to build physical AI software
Jeff Bezos-backed Prometheus raises $12 bn to build physical AI software for engineering, manufacturing, prototyping, and industrial design
Polish fintech Paymove raises €2.12 mn for AI agent payments
Polish fintech Paymove raises €2.12 mn to expand QR payments, agentic AI payment infrastructure, and Western European market growth
FinTech unicorn Satispay plans €120 mn raise after €116 mn ARR
Milan-based FinTech unicorn Satispay plans to raise up to €120 mn to accelerate its growth strategy and expand into a broader financial platform
Insurtech Sixfold launches AI Underwriter after $30 mn funding
Sixfold launches AI Underwriter to support submission analysis, risk assessment, portfolio context, and insurer decision workflows
CapsaAI raises $18 mn for private capital AI platform
CapsaAI raises $18 mn Series A funding to expand its AI operating system for private capital firms across U.S. markets
Dutch startup OurMind raises €2.1 mn for healthcare AI platform
Dutch healthtech startup OurMind raises €2.1 mn to expand its AI platform for hospitals, general practices, clinical notes, and admin support
ICEYE raises €450 mn in Series F led by General Atlantic at €10 bn valuation
ICEYE secures €450 mn in Series F funding led by General Atlantic to expand SAR satellites, sovereign intelligence systems, and global operations
Digital insurer Honeycomb raises $40 mn for AI property underwriting
Honeycomb Insurance raises $40mn led by Zeev Ventures to expand U.S. property coverage, agent tools, products, and AI underwriting
Blitzy raises $200 mn at $1.4 bn valuation for AI coding
Blitzy raised $200 mn led by Northzone to expand its autonomous enterprise software development platform for Global 2000 customers
StitcherAI launches IT finance platform with $3 mn funding
StitcherAI has launched its IT finance system of intelligence and announced $3 mn in pre-seed funding. Founders Co-op led the round, with participation from Sunshine Lake VC
Commure raises $70 mn at $7 bn valuation for healthcare AI
Commure raised $70 mn from General Catalyst, Sequoia, Morgan Stanley, and Kirkland & Ellis to expand AI revenue cycle tools
Zendesk commits $100 mn to startup AI customer support program
Zendesk launched a two-year $100 mn startup program offering no-cost AI support tools, onboarding, partner benefits, and VC portfolio support
Accenture invests in Aera to scale AI supply chain decisions
Accenture invested in Aera Technology to combine agentic decision intelligence with AI-enabled supply chain tools for global enterprises
ICEYE secures €300 mn RCF to support satellite contracts
ICEYE secured a €300 mn three-year revolving credit facility from a seven-bank syndicate to back guarantees and global growth
Harmoney secures €10 mn investment for AI compliance platform
Harmoney raised €10 mn from Smile Sail to expand its counterparty risk platform for KYC, AML, DORA, ESG, and third-party compliance
Scope raises $20 mn to expand AI workflows for inspection teams
London-based Scope raised €17.2 mn to expand its AI platform for testing, inspection, and certification workflows worldwide
AI power demand puts tech climate pledges under investor pressure
Shareholders are pressing Amazon, Meta, and Alphabet to explain how rising AI data center power demand fits with their climate goals
Columbia Lloyds adopts ZestyAI property risk platform for homeowners
Columbia Lloyds will use ZestyAI’s property intelligence tools to assess roof age, condition, materials, and weather exposure across three states
Cathay launches insurance platform with Asia Miles rewards for members
Cathay launched a one-stop insurance platform offering travel, health, home, motor, and accident cover from partners including Cigna, Chubb, and Zurich
Fortegra backs insurtech Incept title insurance platform for UK property deals
Incept signed an underwriting deal with Fortegra for its UK title insurance platform, using Land Registry data to issue policies in seconds
Outmarket AI raises $17 mn in Series A to expand AI tools for insurance brokers
Outmarket AI raised $17 mn in Series A funding to expand insurance workflows, connect brokerage data, and grow its agency platform
OCTO and Sedgwick partner on telematics insurance claims management
OCTO and Sedgwick will combine telematics data and claims management services to improve accident intake, liability review, fraud checks, and claim costs
Novella raises $21 mn to expand AI-powered wholesale insurance broker network
Novella raised $21 mn to hire brokers, expand US offices, and develop AI tools for wholesale E&S insurance placement
Insurtech Kin Q1 2026 profit rises as renewal book and underwriting margins build
Kin reported Q1 revenue of $56.6 mn as renewal premium rose, operating income nearly doubled, and catastrophe cover expanded
Insurance digital satisfaction falls as online policy sales grow
JD Power says 47% of new auto and home policies are bought digitally, but insurer website and app satisfaction declined in 2026
Reinsurer OnRe appoints of Ben Fortune as Chief Underwriting Officer
OnRe, a licensed collateralized reinsurer and onchain asset manager, announced the appointment of Ben Fortune as its Chief Underwriting Officer
BYD picks bolttech for embedded EV insurance in Europe
BYD named bolttech its preferred embedded insurance partner in Europe, starting in the UK before launches in Italy, France, Germany, and Spain
Italian fintech A-Cube raised €4 mn to expand tax reporting platform
Fintech A-Cube raised €4 mn led by P101 to expand its API-first tax reporting platform across Europe and add AI-driven compliance tools
Wopta Assicurazioni raises €5 mn to expand insurtech platform
Wopta Assicurazioni raised €5 mn, topping €20 mn since 2022, as it expands distribution, acquires brokers, and targets SMEs
Verisk brings insurance analytics and Generative AI capabilities into Claude AI
Verisk launched MCP connectors in Claude, giving insurers and restoration teams conversational access to governed underwriting and claims analytics
Italian ViteSicure raises €2.5 mn to scale life insurtech
ViteSicure raised €2.5 mn in the first Series A tranche to expand life and protection insurance distribution, technology, and AI in Italy
Insurtech Corgi raises $160 mn Series B at $1.3 bn valuation
Corgi raised $160 mn in Series B funding led by TCV and launched AI insurance coverage for businesses deploying AI systems.
Insurtech Laka buys VeloLife assets to expand UK bike insurance
Laka acquired VeloLife assets to expand its UK bike dealer channel and advance its M&A strategy after a £14.1 mn Series B
Artificial intelligence plans outpace workforce investment, Aon says
Aon’s Human Capital Trends Study says employers expect AI to reshape skills, but most have not reskilled workers at the same pace
Insurtech Kin Insurance completes $335 mn catastrophe bond deal
Kin Insurance completed its largest catastrophe bond transaction, securing $335 mn through Hestia Re to support homeowners in storm-exposed markets
Space startup Lunar Outpost raised $30 mn for NASA moon rover
Lunar Outpost raised $30mn to speed development of Pegasus, a smaller rover aimed at NASA Artemis moon missions by 2027
AI startup Pit raises $16 mn seed round led by Andreessen Horowitz
Pit raised $16 mn in seed funding led by Andreessen Horowitz to build custom AI software for enterprise workflows across major sectors
Belgian startup Tekst raises €11.5 mn Series A for enterprise AI workflows
Belgian AI startup Tekst raised €11.5 mn in Series A funding led by Elephant to expand process automation, product development, and global sales
CodeWords raises €7.6 mn in Seed funding to expand AI agent platform Cody
London AI agent platform CodeWords raised €7.6 mn in Seed funding to hire engineers, grow sales teams, and expand Cody for business automation
Insurtech Root posts record Q1 net income of $35.9 mn as AI automation expands
Insurtech Root Insurance reported record quarterly profit as the insurtech expanded AI-driven underwriting, claims automation, and distribution partnerships
NextLadder Ventures launches $1 bn AI mobility initiative
NextLadder Ventures will deploy $1 bn into AI-powered navigation tools focused on financial health, careers, benefits access, and economic mobility
XBOW raises new Series C funding for AI cybersecurity platform
XBOW secured additional Series C funding to expand its autonomous offensive security platform for enterprise cybersecurity teams
Peter Thiel’s Founders Fund raises $6 bn for late-stage tech bets
Peter Thiel’s Founders Fund secured $6 bn for a new late-stage investment fund targeting AI, defense, fintech, and large private tech firms
Clyde & Co’s 2026 survey shows how geopolitical volatility, AI and regulation are reshaping business risk, resilience and operational decision-making
Over 40% of agentic AI projects will be canceled by the end of 2027, due to escalating costs, unclear business value or inadequate risk controls
Insurers enter 2026 with longer settlement cycles, rising volumes, and slow AI adoption, increasing costs and operational risk, AutoRek finds
How insurers use AI, parametric models and data to close the global protection gap, support climate finance, and strengthen resilience amid regulatory fragmentation