UK insurtech Marshmallow raised £68 mn, bringing valuation to £1.5 bn
UK-based insurtech Marshmallow has raised £68 mn through a mix of debt and equity financing, bringing its valuation to £1.5 bn
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 Media.
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.
News in this section offer insights into how technology is reshaping insurance practices, improving efficiency, and creating new opportunities for insurers and consumers. Readers can expect to find news on emerging trends, significant investments, and regulatory changes impacting the InsurTech landscape.
Crypto life insurtech Meanwhile raised $40 mn in a Series A, valued at $190 mn
Meanwhile, a life insurance startup that operates exclusively in Bitcoin, raised $40mn in a Series A funding round. The company is now valued at $190mn
Luma Financial Technologies sequred $63 mn in Series C
Luma Financial Technologies, a global insurtech company in structured products and insurance solutions, has raised $63mn in Series C funding
Chapter raised $75 mn in Series D to expand Medicare & retirement services
Chapter, a Medicare guidance insurtech platform headquartered in New York, secured $75mn in Series D funding led by Stripes
UK-based insurtech Ripe completes acquisition of GJW Direct from Munich Re
UK-based insurtech Ripe has completed the acquisition of marine insurance provider GJW Direct from Munich Re Specialty
Insurtech XChange TEC INC acquired a Hong Kong-based insurance broker
Chinese insurtech XChange TEC INC has acquired a Hong Kong-based insurance broker, establishing a base to expand its services across China
wefox finalised a funding agreement up to €170mn, led by Searchlight Capital
Insurtech wefox is close to finalising a funding agreement valued at up to €170mn, led by private equity firm Searchlight Capital Partners
Insurtech Kita secured £22.5 mn in underwriting capacity to cover carbon credit risks
Lloyd’s coverholder Kita has secured £22.5mn in underwriting capacity for 2025 to cover carbon credit risks globally. The increase signals growing recognition of insurance
Insurtech hyperexponential launched hx AI, a set of AI-powered tools
Insurtech hyperexponential (hx) has launched hx AI, a set of AI-powered tools aimed at improving pricing, actuarial, and underwriting processes
Insurtech Peak3 drives insurance customer engagement with new model
Insurtech Peak3 introduces a new model that increases customer interaction through its accumulator insurance propositions
Insurtech Root Insurance partnered with Hyundai Capital America
Insurtech Root Insurance has partnered with Hyundai Capital America, the finance arm of Hyundai Motor Group
AI model DeepSeek may improve efficiency for China’s insurers but adds risk
Chinese insurers have begun using the AI model DeepSeek in their operations. According to AM Best, the model could improve efficiency
Insurtech Lemonade surpassed $1 bn in In Force Premium in 2025
Lemonade, an AI-driven insurtech unicorn, has surpassed $1 bn in In Force Premium (IFP), reaching this milestone 8.5 years after selling its first policy
Kin Interinsurance Network secures $300 mn Florida reinsurance via Hestia Re
Kin Interinsurance Network, managed by digital home insurtech Kin, has closed a $300mn catastrophe bond deal through Hestia Re
Emerald acquired Insurtech Insights, a B2B company focused on the insurance technology sector
Emerald Holding has acquired Insurtech Insights, a London-based company focused on the insurance technology sector
Insurtech Peak3 accelerates expansion in the UK & Europe after $35 mn Series A
Insurtech Peak3 is pushing forward with its expansion in the UK and Europe after raising $35 mn in a Series A funding round
Insurtech Kennedys IQ launches neuro-symbolic AI solution for insurance market
Insurtech Kennedys IQ, the technology division of Kennedys Law, launched Kennedys IQ SmartRisk, the first fully explainable neuro-symbolic AI risk analysis solution
Digital Banking & Fintech Forum 2025: The Main Event of the Year in Financial Technology
The financial sector is rapidly evolving under the influence of technology, making banking and financial services faster, more accessible, and more secure
Insurtech Norm Ai, a compliance AI platform, secured $48 mn in new funding
Insurtech Norm Ai, a compliance AI platform, secured $48 mn in new funding, reflecting strong investor confidence in its technology
Insurity formed a partnership with insurtech InsCipher
Insurity, a provider of cloud-based software for insurance carriers, brokers, and MGAs, has formed a partnership with InsCipher
Insurtech Lemonade leverages ZestyAI’s advanced risk insights to strengthen coverage
ZestyAI announced today that Lemonade, the digital insurance company powered by AI and social impact, has adopted the ZestyAI platform to further optimize underwriting
Insurtech ZestyAI partnered with the Colorado FAIR Plan
Insurtech ZestyAI, an AI-driven climate and property risk analytics provider, has partnered with the Colorado FAIR Plan to improve insurance access for homeowners
Key Features of the UK AI bill: balancing regulation & innovation in a shifting policy landscape
Momentum is building around AI regulation in the UK following the reintroduction of the UK Artificial Intelligence (Regulation) Bill (AI Bill)
Bicycle insurtech Laka acquired the Luko e-scooter business in France
Laka, a specialist bicycle insurer, has acquired the Luko e-scooter business in France from Allianz Direct, marking its third acquisition
Insurtech Sixfold introduced AI Accuracy Validator to strengthen underwriter confidence
Insurtech Sixfold, the insurtech empowering underwriters with a generative AI solution for end-to-end risk analysis, introduced an AI Accuracy Validator
Lloyd’s Lab accelerator has become a major force in insurance innovation, securing over $1 bn to support startups transforming the industry, launching 6 years ago
Venture capital funding in insurtech startups is stabilizing, driven by breakout-stage startups in Series B and C. Projections indicate it will reach $4.2 bn
Venture capital funding for generative AI startups is on track to exceed 2023's record-breaking levels. In the first three quarters of 2024, GenAI startups raised over $20 bn
Insurance claims management software can streamline intake, evaluation, validation, payouts and closure. Unfortunately, not all platforms are built to the same standard