Insurtech Delegance Brokerage raises $3.1 mn to challenge insurance commissions
Delegance Brokerage raised $3.1 mn in pre-seed funding to expand its AI-powered commercial insurance platform, offering a 5% fee instead of traditional commissions
InsurTech News
Brazil’s Alice raises $40 mn in Series D to expand AI-powered health insurance
Brazilian healthtech Alice secured $40 mn in Series D funding led by IFC to expand AI-powered healthcare services after annualized revenue exceeded R$1.2 bn
Fintech TrueLayer raises $27 mn to expand European open banking payments
TrueLayer has raised $27 mn in funding led by CDP Venture Capital, bringing total investment to $348.8 mn as it expands pay-by-bank services across 22 European markets
Cybertech Blackwall raises $100 mn at $2.2 bn valuation for web security
Estonia-founded cybersecurity company Blackwall raised $100 mn in Series C funding led by AVP to expand AI bot protection and web traffic security across 12 regions
Insurtech Coverdash and 7shifts launch pay-as-you-go workers’ compensation insurance
Insurtech Coverdash partners with 7shifts to integrate pay-as-you-go workers’ compensation insurance into restaurant payroll, offering quotes from more than 40 carriers
Insurtech Stand raises $70 mn Series C at $1 bn valuation
Insurtech Stand has raised $70 mn at a $1 bn valuation to expand its catastrophe insurance platform, with more than $10 bn in insured property and discounts of up to 70%
Macquarie lifts fintech Bridgit funding above A$1.7 bn as lending surges 168%
Macquarie has expanded its funding facility for Australian fintech Bridgit to over A$1.7 bn, following 168% annual lending growth and rising demand for bridging loans
Fintech Zaria Systems raises $5.2 mn as it seeks US national trust bank charter
Zaria Systems secured $5.2 mn in seed funding led by Lightspeed Venture Partners and applied for an OCC trust bank charter to expand structured finance services
Global InsurTech funding hits $2.44 bn in Q2 2026
Global InsurTech funding rose to $2.44 bn in Q2 2026, its highest level since Q2 2022, as transaction volume increased to 107 deals
AI data center boom creates new insurance risks as investment hits $6.7 tn
Global data center investment could reach $6.7 tn by 2030, creating new property, cyber, construction and business interruption risks for insurers
Insurtech Hugo Insurance expands its US auto insurance distribution
Hugo Insurance expands its US auto insurance distribution through partnerships with Root and Bristol West, while its flexible payment model and limited coverage remain key considerations
Tesla flying car: Tesla unveils flying Roadster with SpaceX thrusters, targets 2028 production
Tesla revealed its redesigned Roadster with SpaceX-developed thrusters, sub-second acceleration and limited flight capabilities, targeting production in 2028
Vertafore launches AI agents to automate insurance policy verification and management
Vertafore has launched two AI-powered agents that reduce insurance policy data entry time by up to 87% and policy-checking time by up to 90% in early testing
Fairfax will transfer Go Digit Insurance and Go Digit Life Insurance stakes to IDBI Bank
Fairfax Financial plans to transfer its Go Digit insurance holdings and IIFL Capital stake to IDBI Bank following its $5.6 bn bid for a controlling interest in the lender
Pentiv launches mortgage intelligence platform, plans NYSE ticker change
Pentiv, the new operating brand of Pineapple Financial, has launched a mortgage intelligence platform, appointed Usman Maher as CFO and CSO, and plans to change its ticker to PTIV
Insurtech ERGO NEXT launches AI property inspections for small business insurance
ERGO NEXT Insurance has launched an AI-powered property inspection tool that lets small businesses complete commercial insurance inspections in about 15 minutes
AI data centers drive water consumption as power demand surges
AI data centers are increasing water consumption through electricity generation, with indirect water use potentially exceeding direct cooling needs, new research shows
Pluto Security raises $42 mn to secure enterprise AI apps and agents
Pluto Security exits stealth with $42 mn in funding, more than 40 enterprise customers and an AI security platform protecting over 1 mn endpoints globally
MetLife launches ChatGPT plugin for pet insurance quotes and applications
MetLife Pet Insurance has integrated with ChatGPT, allowing customers to complete applications and obtain binding quotes before purchasing coverage on its website
Insurtech Harbor raises $10 mn to develop AI agent liability insurance platform
Harbor secures $10 mn from Base10 Partners, Abstract and 8VC to develop an AI agent risk management and insurance platform for regulated businesses
Insurtech Igloo expands into Turkey with personal cyber insurance partnership
Singapore insurtech Igloo partners with Sigortayeri to launch personal cyber insurance in Turkey, covering online fraud, identity theft and cyberbullying
FPT IS and Bytesforce partner to expand AI-powered insurtech in ASEAN
FPT IS and Bytesforce Technologies form an insurtech partnership to modernize core insurance systems, integrate AI and expand digital insurance across Vietnam and ASEAN
UK ICO investigates AI agents at OpenAI, Meta and Anthropic
UK data regulator ICO investigates AI agent security risks involving OpenAI, Meta and Anthropic, while securing privacy improvements from 10 major AI developers
Healthtech Sava Technologies raises £27 mn in Series B for glucose microsensor launch
London-based Sava Technologies raises $36 mn in Series B funding led by Ascensia to commercialize its wearable glucose microsensor, starting in Europe
GUDEA raises $7 mn in seed funding for AI narrative intelligence
AI-powered narrative intelligence platform GUDEA secures $7 mn in seed funding from Mudita Ventures and Collide Capital to expand monitoring and enterprise services
Nvidia to acquire Reflection AI or expanding $800 mn investment in the $25 bn AI startup
Nvidia is considering acquiring Reflection AI or expanding its $800 mn investment in the $25 bn AI startup, following the launch of its open-weight model Beam
Fintech Qippay secures NZ$5 mn investment from All Roads Wholesale Fund
New Zealand fintech Qippay secures NZ$5 mn funding for a 25% stake, supporting open banking technology, business expansion and financial infrastructure
Alphabet’s Waymo secures $5 bn loan to expand autonomous robotaxi operations
Alphabet’s Waymo secured $5 bn in its first debt financing after raising $16 bn in equity, targeting 1 mn weekly robotaxi rides across 20 cities by year-end
Insurtech Alan acquires Tanel to expand health insurance business in Africa
Alan acquires Senegal-based healthtech Tanel, entering Africa’s health insurance market with plans to cover more than 1 mn people across the continent by 2030
Life insurtech Ethos raises full-year 2026 revenue forecast to $727–731 mn
Ethos, a US digital life insurance platform, increased its full-year 2026 revenue forecast to between $727 mn and $731 mn
Insurtech Alan launches health insurance campaign with Kylian Mbappé
Insurtech Alan launches its Health Can’t Wait campaign with Kylian Mbappé and Wieden+Kennedy across four markets to promote preventive health insurance
Lemonade expands insurance coverage in Florida, Kentucky and Alaska
Lemonade expands insurance coverage in Florida, Kentucky and Alaska, extending its AI-powered car, pet and renters products to more U.S. customers
Lemonade expands Tesla FSD insurance discounts to HW3 vehicles
Lemonade expands Autonomous Car insurance to Tesla HW3 vehicles with FSD v14 Lite, offering 30% discounts on supervised FSD miles in three U.S. states
Insurtech Lemonade launches renters insurance in Hawaii
Lemonade expands renters insurance to Hawaii with AI-powered claims and rates starting at $5 monthly, as LMND stock valuation and profitability remain in focus
Oscar Health launches Lucie AI-powered health insurance marketplace
Oscar Health launches Lucie, a healthcare marketplace combining medical, dental, vision and supplemental insurance with AI-powered shopping tools
Insurtech Oscar Health stock surges as ACA risks and valuation divide investors
Oscar Health (OSCR) shares gain 130.3% in 2026 as ACA membership expands. Updated earnings guidance, analyst targets and valuation risks shape the outlook
Amazon warns data center opposition could weaken U.S. AI leadership
Amazon warns that opposition to data center construction could have lasting consequences for the U.S. economy, national security and AI leadership
Amazon Web Services commits over $1 bn to US data center communities
Amazon Web Services pledges over $1 bn for US data center communities, ends county-level NDAs and defends AI infrastructure expansion amid local opposition
Insurtech Root and Carvana extend embedded car insurance partnership to 2028
Root and Carvana extend their exclusive embedded auto insurance partnership to at least August 2028 after selling more than 200,000 policies since 2022
Nettle raises $4.8 mn to expand AI-powered insurance loss control
Nettle secures $4.8 mn in oversubscribed seed funding led by MTech to expand its AI loss control platform, accelerate risk inspections and grow in the US and Europe
The Zebra partners with Annex to expand homeowners and flood insurance access
The Zebra integrates Annex’s homeowners and flood insurance products, helping agents place coastal, wildfire and flood risks through a digital quoting platform
Insurtech Zebra to integrate Muse AI assistant into insurance shopping
The Zebra plans to integrate Muse AI to automate insurance data collection, simplify policy comparisons and help consumers identify savings through daily rate monitoring
Polygrade raises $6.3 mn for AI-powered warranty claims platform
Polygrade secures $6.3 mn to expand its AI warranty claims platform, automating diagnosis, authorizations, parts procurement and contractor payments
Ledgebrook raises $200 mn to expand AI insurance underwriting led by Allianz X
Ledgebrook raises $200 mn from investors led by Allianz X and Rockefeller Capital Management, alongside a multi-year reinsurance agreement with Allianz Re
Insurity expands ReSource Pro partnership for insurance modernization
Insurity and ReSource Pro expand their partnership to improve insurance platform implementations, AI-enabled automation, managed services and operations
Insurtech Shory launches AI insurance agent for car insurance in the UAE
Shory AI helps UAE drivers compare car insurance quotes, understand policy coverage and purchase insurance through an AI agent supporting English and Arabic
reThought Flood expands private flood insurance distribution through Vertafore
reThought Flood selects Vertafore PL Rating to expand private flood insurance distribution, reaching over 10,000 agents and 320 insurance carriers and MGAs
Sapiens launches insurance AI engine Sapiens Brain for SapiensAIP
Sapiens introduces Sapiens Brain, an insurance-native AI knowledge graph supporting SapiensAIP agents, automated workflows, regulatory controls and auditability
Samsung forecasts record profit as AI chip demand surges
Samsung expects Q3 operating profit of $80.17 bn as AI chip demand drives memory prices higher, despite losses in its mobile and foundry businesses
Sapiens Insurance AI Maturity Index: 67% expect AI autonomy by 2029
Sapiens Insurance AI Maturity Index 2026 finds 67% expect autonomous AI within three years, while 87% prioritise agentic AI and only 16% have adopted it
Google and CoverGo outline an Agentic Insurance Operating System
Google and CoverGo examine how Agentic AI is changing insurance operations, data, governance and technology in a new industry whitepaper
Insurtech WithCoverage reached $50 bn in protected revenue
WithCoverage now protects more than $50 bn in revenue across 1,000+ businesses after raising a $42 mn Series B led by Sequoia and Khosla
Insurtech ManyPets launches ChatGPT plugin for pet insurance quotes
ManyPets launches a ChatGPT plugin offering indicative pet insurance prices as the UK insurer expands its use of AI across customer services
Go.Compare launches short-term learner driver insurance comparison
Go. Compare launches a short-term learner driver insurance comparison service with Comparison Creator and a dedicated panel of specialist insurers
GoShorty launches temporary taxi and named driver impound insurance cover
GoShorty adds temporary taxi insurance and named driver options to its car and van impound policies as it expands specialist motor cover
Lloyd’s Lab selects 10 insurtech startups for Cohort 17 Accelerator
Lloyd’s Lab selects 10 companies for Cohort 17, focusing on market efficiency, new insurance products and experimental technologies during a ten-week programme
Insurtech SecondSight raises Series A, names Jamie Bouloux president
SecondSight, an AI operating system provider for insurance, closes its Series A and appoints former Ryan Financial Lines CEO Jamie Bouloux as president
Amazon and Klarna adjust payment services in Austria under new EU credit rules
Amazon will end monthly invoicing in Austria, while Klarna prepares its payment services for stricter EU consumer credit requirements
Insurtech One Inc launches XpressOne for insurance vendor payments
One Inc launches XpressOne, giving insurance vendors faster payments, simpler reconciliation, self-service controls and real-time payment visibility
Engine by Gen launches Savvy insurance marketplace for AI shopping agents
Engine by Gen launches an AI-agent-ready version of Savvy, its insurance marketplace, designed for private research, rate estimates and personalized quotes
Insurtech MGAs are prioritizing underwriting profitability, AI automation and specialty insurance expertise as carriers and reinsurers demand sustainable performance
Q2 2026 Global InsurTech funding reached $2.44 bn, 99.1% directed to AI-focused firms, as data center expansion creates new insurance risks
Global InsurTech funding rose 19.5% to $5.1 bn, with Q4 driving momentum as deal count and average size increased sharply, marking the first annual increase since 2021
InsurTech moves past disruption narrative, focuses on underwriting, AI, and operational efficiency as funding drops and insurers demand measurable results