Insurtech Neutrinos launched marketplace to accelerate automation in insurance
Neutrinos, a technology company specializing in intelligent automation, has introduced the Neutrinos Marketplace to accelerate automation within the insurance value chain
Neutrinos, a technology company specializing in intelligent automation, has introduced the Neutrinos Marketplace to accelerate automation within the insurance value chain
WEX, a global commerce platform simplifying business operations, has partnered with select employers to pilot two new AI-driven features within its benefits administration platform
Equisoft, a provider of insurance and wealth management solutions, announced a new partnership with Emma, a platform focused on making life insurance simple, affordable, and accessible
Insurtech CoverGo, a global no-code AI insurance platform for health, life, and P&C, has introduced CoverGo Claims. This AI-powered platform offers a full solution for health insurers
Allianz Partners and Uber have launched a new income protection product for UK Uber drivers, developed with insurtech Indeez
Cairo-based insurtech startup Amenli has secured $2.3 mn in funding to support its expansion and enhance its offerings. The round was led by the European Bank for Reconstruction
Global insurtech Bolttech has sequred a $50 mn venture debt facility with HSBC. Bolttech aims to use this funding to further its ambitious plans for innovation and growth in the insurtech sector
Insurtech Federato, AI-powered insurance underwriting platform, has raised a $40 mn Series C funding round, led by StepStone Group
Akur8, a insurtech provider of advanced insurance pricing and reserving solutions using transparent ML technology, announced a strategic collaboration with the American Association of Insurance Services
Insurtech Root, a low-code, introduced its Certified Developer Community program. This initiative is designed to upskill in-house developers
Insurtech Foxquilt, digital MGA specializing in embedded insurance technology for small businesses, has launched of its digital insurance products in New York
Insurtech Duck Creek Technologies announced the opening of its second Center of Excellence (CoE) in Warsaw, Poland
Parametric insurtech Descartes Underwriting announced plans to broaden its climate and emerging risk parametric offerings across Mexico and Latin America
Home insurtech Hippo released its Q3 2024 financial results, showing a 65% YoY revenue increase, supported by stronger premium retention aligned with risk retention
Ondo InsurTech has expanded its partnership with Nationwide to roll out LeakBot, a device designed to prevent water damage, across 16 states
SaaS platform for SMBs to manage and forecast their cash flows Agicap has raised €45 mn in Series C funding led by AVP. This investment aims to bolster Agicap’s presence in Europe
Delos Insurance Solutions, a property insurance MGA, raised $9 mn in a Series A funding round led by HSBC Asset Management. IA Capital Group, Blue Bear Capital, Generation Space
Insurtech ManyPets, a pet insurance provider, will leave the US market to focus on operations in the UK insurance market. The company has partnered with Odie Pet Insurance
North America’s insurtech Vertafore announced its acquisition of Surefyre, a leading platform focused on submission and underwriting for MGAs and wholesalers
Akur8, an insurance pricing and reserving solution, has announced its partnership with Windward Risk Managers, known for Florida Peninsula Insurance
Helvetia Group has partnered with insurtech Coinnect to adopt its advanced Cyber Insurtech platform, enhancing cyber risk underwriting and helping clients manage cyber risks
CLARA Analytics, an AI technology provider focused on insurance claims optimization, has appointed Eugene Wong as Chief Financial Officer (CFO)
Insurtech Lemonade reported a net loss of $67.7 mn in Q3 2024, widening from the $61.5 mn loss in Q3 2023. However, its in-force premium (IFP) grew by 24% to reach $889.1 mn
Tune Protect Re teamed up with bolttech Insurance, the Hong Kong insurance division of international insurtech bolttech, to launch AirAsia Travel Insurance
INSHUR, a global embedded insurance provider for the on-demand economy, has raised $19mn in a recent funding round. Viola Growth led this round, with support from MS&AD
Regional insurtech Igloo has entered the direct-to-consumer (D2C) market in Indonesia, aiming to enhance insurance accessibility for digital consumers
Inspectify, a property inspection and underwriting insurtech platform, has secured $5.26 mn in funding, led by Munich Re Ventures
MetLife UK has teamed up with YuLife to launch a new Group Income Protection plan aimed at addressing the rising challenge of workplace absenteeism in the UK
Insurtech Branch has raised $51 mn in a new funding round led by American Family Ventures. This investment supports Branch’s growth strategy
Insurtech Aurora, a digital commercial insurance platform, has raised seed funding from QBE Ventures, the investment arm of QBE Insurance Group