AI platform Equal Parts acquires Florida transportation broker Independence
Equal Parts acquired Florida-based Independence Insurance Agency, its second transportation insurance acquisition announced in consecutive weeks
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.
LexisNexis and IMS bring on-device telematics to US insurers
LexisNexis and IMS integrated Drive Metrics with EdgeSDK, bringing on-device driving scores and lower-cost UBI infrastructure to US auto insurers
Insurtech Corgi expands trucking insurance program to towing businesses
Corgi expanded its trucking insurance program to tow-truck operators, combining auto liability, on-hook and garage keepers coverage in one policy
Tesla FSD exceeded speed limits in Belgian road tests
Belgian road-safety tests found Tesla FSD exceeded 30 km/h limits in 55% of tested Brussels segments and attempted prohibited cyclist overtakes
Insurtech Vertafore launches Digital Underwriter AI agents for MGAs
Vertafore introduced two Velocity AI agents for MGA underwriting, targeting renewal reviews, program configuration and faster policy processing
Unicorn Upwind acquires Aegis and launches AI Labs for Cybersecurity
Upwind acquired Israeli AI security startup Aegis in a stock deal worth tens of millions after raising $300 mn at a $3.8 bn valuation
Fintech Qonto opens Paris headquarters for European growth
Qonto opened an 11,000 sqm Paris headquarters with 900 workstations as the fintech expands across eight European markets and pursues a banking licence
Tiledesk raises €1.1 mn to expand open-source AI agent platform
Tiledesk raised €1.1 mn to expand its open-source AI agent platform, four years after securing €600,000 for its customer service technology
Hlpy raises €20 mn and acquires 100% of Carvoilà in European expansion
Hlpy raised €20 mn in equity and debt financing and acquired Carvoilà, expanding its digital vehicle services business across European markets
Sprive raises £7.7 mn Series A to expand mortgage fintech app
Sprive raised £7.7 mn in Series A funding after reaching 567,000 users, £42 bn in supported mortgages and an annual revenue run rate above £18 mn
Startup Primo raises €6.9 mn to expand AI agents for enterprise IT
Paris-based Primo raised €6.9 mn to expand autonomous AI agents for IT operations after reaching €3.4 mn ARR and more than 400 customers
OpenAI agent breached Australian Medicare portal, Anthony Albanese says
An OpenAI agent accessed non-public Medicare statistics files, prompting an Australian review after a nearly three-month disclosure delay
Silk secures $45 mn growth facility for agentic AI data platform
Silk secured $45 mn to expand its agentic AI data platform across neocloud providers, sovereign clouds and AWS, Azure and Google Cloud
Palma AI raises $1.8 mn for enterprise AI agent governance
Berlin startup Palma AI raised $1.8 mn to expand its runtime governance platform for enterprise AI agents, permissions, MCP tools and audit controls
Kontext raises $4 mn for AI agent runtime security
Kontext raised $4 mn led by 42CAP to expand runtime security software that controls AI agent actions across enterprise systems and tools
CRC Group launches Insurisk Cyber for cyber and tech risks
CRC Group launched Insurisk Cyber, combining cyber liability, technology E&O and professional liability with threat monitoring and risk tools
AI targets London insurance costs as Lloyd’s expense ratio rises
AI is being applied to London insurance workflows as brokers and underwriters seek to reduce duplicated work and Lloyd’s 35.6% expense ratio
Insurify blocks Meta’s Muse from insurance comparison platform
Insurify blocked Meta’s Muse from its insurance marketplace, citing quote context, carrier costs, privacy controls and consumer protection concerns
Bamboo Insurance postpones IPO amid volatile US listing market
Bamboo Insurance postponed its planned US IPO, citing market conditions as recent listings show mixed performance despite stronger 2026 issuance
Multi-agent AI moves supply chains toward autonomous execution
Lenovo, Fujitsu, Kohler and others are testing multi-agent AI for supply chain execution, routing, inventory control and disruption response
Kastle raises $24 mn Series A for AI lending workforce
Kastle raised $24 mn led by Insight Partners to expand its AI workforce platform for consumer lending, banks and financial institutions across North America
FintechOS raises $28 mn to expand US business and AI platform
FintechOS secured $28 mn in equity and debt financing to expand in the US, grow its European client base and scale delivery of FintechOS 8
Luzern Risk raises $45 mn for AI captive insurance platform
Luzern Risk raises a $45 mn Series B led by Insight Partners to expand its AI-native captive insurance platform and alternative risk services
Corridor launches AI employee benefits brokerage with $25 mn funding
Corridor launches with $25 mn to build an AI-native health benefits brokerage for US small businesses, pairing licensed advisors with automated workflows
YC-backed insurtech Soteris launches AI profit platform for P&C insurers
YC-backed Soteris launches an AI platform that estimates policy-level profitability for P&C insurers after scoring $180bn in submitted premiums
Insurtech Vertafore launches four AI agents for insurance agencies
Vertafore introduces four Velocity AI agents for policy servicing, document research and agency operations, with availability beginning in 2026
Cozmo AI launches claims automation platform for P&C insurance claims
Cozmo AI launches a claims automation platform for restoration networks and TPAs, covering FNOL, estimating, documentation and invoice settlement
Specialty MGA Nirvana appoints Kevin Kettrick as Cyber Lead London
Nirvana names Kevin Kettrick as Cyber Lead London to expand its standalone cyber offering, starting with excess cover before adding a primary product
Sapiens appoints Nazir Esmail and Maggie Fox to leadership team
Sapiens names Nazir Esmail as Chief Autonomous Enterprise Officer and Maggie Fox as CMO as it expands AI, technology and marketing leadership
Beagle Labs raises $4.1 mn for AI insurance underwriting platform
Beagle Labs raises $4.1 mn to expand its AI property intelligence platform, field inspection network and underwriting tools for commercial insurers
CLARA Analytics launches agentic AI platform for insurance claims
CLARA Analytics launches Agentic Intelligence for casualty and workers’ comp claims, using AI agents to support adjusters from first notice through resolution
Checkr launches AI verification platform for US insurers
Checkr launches an insurance verification platform giving US carriers access to identity, driving and public records for faster risk pricing
Venezuela insurtech market moves to form trade group and join AIP network
Venezuelan insurtech firms are working toward a national trade group and potential links with the Pan-American Insurtech Alliance after a SUDEASEG meeting
Sapiens launches AI-native platform for autonomous insurance workflows
Sapiens launches SapiensAIP, an AI-native insurance platform embedding agentic tools across policy, claims, billing and core system transformation
Insurtech EigenRisk appoints Daniel Grimwood-Bird VP of Sales
EigenRisk appoints Daniel Grimwood-Bird as VP of Sales for EMEA, with an initial focus on expanding insurer, broker and risk management clients in London
83% of insurers back AI for repeatable work, 75% demand controls
ISG research for mea Platform finds 83% of insurers support AI handling repeatable work, while 75% demand insurance-specific or governed models
Patra launches AI managed services for insurance workflows
Patra launches agentic AI managed services for insurance agencies, starting with post-bind processing and E&O coverage for AI-delivered services
AI saves underwriters time but decision quality gains lag
Hyperexponential’s 2026 survey finds AI is cutting admin work for commercial P&C underwriters, while decision quality and knowledge transfer lag
Billie Eilish deepfake case shows growing risks from AI-generated media
A viral AI-manipulated Billie Eilish post drew 11 mn TikTok views, illustrating growing concerns over deepfakes, celebrity likenesses and content provenance
AI stablecoin neobank Fasset raises $68 mn Series C at $1 bn valuation
Fasset raised $68 mn in a Series C led by SBI Group, reaching a $1 bn valuation three months after closing its $51 mn Series B
Socure raises $156 mn at $5.2 bn valuation, acquires AI startup Fravity
Socure raised $156 mn at a $5.2 bn valuation and acquired agentic AI startup Fravity to add automated fraud investigation agents to RiskOS
Guardio raises $40 mn at $1.1 bn valuation, reaches unicorn status
Consumer cybersecurity company Guardio raised $40 mn at a $1.1 bn valuation, reaching unicorn status as it expands protection against AI-driven scams
Beelzebub raises €3 mn in seed funding to expand AI cybersecurity platform
Beelzebub raised €3 mn in seed funding led by United Ventures to expand its AI cybersecurity platform, research team and US operations
Wonderful expands AI operating platform for insurance workflows
Wonderful is extending its AI operating platform across underwriting, claims, servicing and compliance for P&C, life and health insurers
Wonderful raises $550 mn Series C at $5 bn valuation
Wonderful raised $550 mn in a Series C led by Insight Partners, valuing the AI software company at $5 bn as it expands across more than 35 markets
ZeroRisk raises $4 mn to expand merchant risk platform in US
ZeroRisk raised $4 mn in a funding round led by Elkstone to expand its merchant risk and compliance platform, with a focus on the US market
Mistral AI raises €3 bn at more than €21 bn valuation
Mistral raised €3 bn in a Series D led by Samsung Electronics, valuing the European AI company at more than €21 bn after the financing
Fundcraft raises €12 mn to expand digital fund operations
Fundcraft raised €12 mn in growth financing to expand across Europe, deepen private equity capabilities and develop AI-based fund operations
SpaceTech ICEYE opens SAR satellite data feed with 2026 imagery
ICEYE’s open data initiative provides public access to selected SAR satellite imagery and videos, including thousands of 2026 deliverables
Insurtech Sixfold launches AI Underwriter for life and health insurance
Sixfold launched an AI underwriting platform for life, disability, long-term care and critical illness, producing case recommendations with cited evidence
Insureon partners with LIO Insurance on specialty small business coverage
Insureon partnered with LIO Insurance to expand specialty commercial coverage for small businesses, starting with digital special event insurance
Vero, Uber and insurtech Cover Genius launch pay-per-kilometre rideshare insurance
Vero, Uber and Cover Genius launched a pay-per-kilometre motor policy combining private and rideshare cover for eligible Uber drivers in Australia
Insurtech Intellect AI outlines automation tools for wholesale insurance brokers
Intellect AI outlined how its distribution, submission and document-review tools are being used to reduce manual work across wholesale insurance placement
Square Insurance Brokers appoints Kapil Baraya to lead corporate lines
Square Insurance Brokers appointed Kapil Baraya as Head of Corporate & Commercial Lines, with responsibility for corporate insurance and life operations
Fintech Félix raises $200 mn to expand AI financial services in Latin America
Cross-border payments FinTech Félix raised $200 mn in equity and debt to expand AI-powered financial services and its Latin American operations
Ping An Digital Bank launches export financing with credit insurance
Ping An Digital Bank launched export receivables financing with integrated credit insurance, offering up to 95% funding and facilities of $5 mn
Manulife Asia Insurance and Ant Health explore cross-border healthcare services
Manulife Asia and Ant Health signed an MOU to explore cross-border healthcare services, digital health tools and insurance technology in Asia
PB Fintech launches PB Pay payment aggregator in India
PB Fintech launched PB Pay in India, combining UPI, cards, net banking, wallets, EMI and recurring payments through a single merchant platform
Cathay Life joins Global Asia Insurance Partnership as Principal Partner in Asia
Taiwan’s Cathay Life joined the Global Asia Insurance Partnership as a Principal Partner to work on protection gaps and emerging insurance risks
EigenRisk adds GeoX data for 186 mn US properties
EigenRisk integrated GeoX property intelligence into EigenPrism, adding AI-derived attributes for more than 186 mn US commercial and residential properties
Global reinsurance under pricing pressure in 2026, while U.S. P&C insurance stays stable despite slower growth, softer underwriting profits and earnings
US home claim severity rose 25.9% in 2025 as wildfire losses, repair inflation and peril shifts reshaped insurer loss trends
Global insurance pricing fell 6% in Q2, led by a 12% property drop, as capital, lower reinsurance costs and competition favored buyers
Florida’s property insurance market showed its clearest improvement in a decade, with the state’s share of US homeowners claims falling to 4.9% and lawsuits dropping to 41.3%