AI-insurtech Honeycomb expands admitted capacity in 18 U.S. states
AI-insurtech Honeycomb Insurance has teamed up with Trisura Insurance Company to expand admitted capacity in 18 U.S. states
InsurTech News
TransRe partners with insurtech Cytora to digitize facultative reinsurance
TransRe has struck a global deal with Cytora to digitize its facultative reinsurance operations. The new system frees underwriters and claims specialists to focus on complex risks
Inclined Technologies secures $8 mn Series B to expand whole life insurance platform
Inclined Technologies, a digital platform that simplifies access to the living benefits of whole life insurance, has closed an $8mn Series B round
iCover expands insurer network, reaching 30 life insurance partnerships
iCover, an algorithmic underwriting platform built for speed and scale, has increased its partner network by one-third over the past year
CyberCube partners with Wholesure to enhance cyber insurance for SMBs
Cyber risk analytics firm CyberCube has signed a strategic agreement with Wholesure, the wholesale brokerage division of Acrisure, a global fintech and insurance brokerage group
Insurtech bolttech and iBox launch TecProtec with AppleCare Services in Indonesia
Embedded insurtech bolttech has partnered with iBox, Indonesia’s largest Apple Premium Reseller and part of Erajaya Digital, to introduce TecProtec with AppleCare Services
Insurity doubles down on insurance claims tech with AI, automation and UX upgrades
Insurity, a cloud-native software provider for insurers, MGAs, and brokers, has shifted its development focus toward modernising claims operations
IntellectAI launches two specialised InsurTech ecosystems for insurers
IntellectAI has introduced two specialised InsurTech ecosystems designed for the distinct operational needs of insurance carriers, MGAs, brokers
Software Circle acquires 95% stake in Irish Fintech AIF for up to €9 mn
Software Circle, a London-listed software investment firm, has acquired a 95% stake in Dublin-based fintech Artificial Intelligence Finance (AIF) in a deal valued at up to €9mn
Home insurtech Hippo reported positive Q2 2025 results: $299 mn premium reached, $1 mn in profit
Home insurtech Hippo reported its first-ever positive net income in Q2 2025, closing the quarter with $1 mn in profit. Gross written premium reached $299mn, up 16% from $258mn a year earlier
AI insurtech Floodbase launches on-demand U.S. flood mapping tool for insurers
Floodbase has rolled out a near-real-time flood mapping platform across the continental U.S., offering on-demand event-based licensing
Insurtech Datos Insights acquired of InsTech, the insurance innovation community
Datos Insights, a global provider of data and advisory solutions to the financial services and insurance industries, has announced the acquisition of InsTech
Insurtech Lemonade reduced Q2 net loss by 23%, in-force premium reached $1.1 bn
Lemonade Inc. reduced its Q2 net loss by 23%, reporting a loss of $44mn as premium volume continued to climb. Net earned premiums rose to $112.5mn, up from $89.3mn year-over-year
Avantia Group launches AI claims tool ‘Holmes’ to combat insurance fraud
Avantia Group, the digital home insurance company behind the direct-to-consumer brand Homeprotect, has introduced an AI-powered claims tool named Holmes
Wingspan raises $24 mn Series B to expand contractor payroll infrastructure
Wingspan, a payroll platform built specifically for contractor management, has raised $24 mn in a Series B round led by Touring Capital
Cover Whale secures $40 mn to scale tech and insurance platform
Cover Whale, a trucking insurance startup operating as a managing general agent (MGA), has raised $40mn in equity funding from Morgan Stanley Expansion Capital
DynaRisk raises $4.7 mn to scale global operations and expand cyber insurtech offerings
DynaRisk, a London-based cyber risk management company, has secured $4.7mn in a funding round led by YFM Equity Partners
Verisk acquires AccuLynx for $2.35 bn to expand claims & restoration capabilities
Insurtech Verisk has signed a definitive agreement to acquire AccuLynx for $2.35bn in cash, aiming to boost its reach across the insurance claims
Insurtech Cyata exits stealth with $8.5 mn seed round to secure enterprise AI agents
Cyata, an Israeli cybersecurity startup, has launched publicly with $8.5 mn in seed funding led by TLV Partners. The company targets a growing blind spot in enterprise security: AI agents
Lemonade expands UK home insurance with buildings-only cover
Lemonade has launched a standalone buildings insurance product in the UK, completing its Homeowners offering and signaling further investment in the region
Insurtech COVU acquires Mitchell in push to scale AI-driven insurance in California
Insurtech COVU, an AI-native insurance servicing platform, has acquired Mitchell Insurance Agency, a long-standing, family-owned firm based in Roseville, California
InsurTech Eventual raises $7.5 mn to launch premium lock for real estate insurance
Eventual, a US-based insurtech startup, has raised $7.5mn in seed funding across two rounds to support the rollout of its first product, Premium Lock
HealthTech dacadoo and Microsoft expand partnership to advance AI in digital health
Digital healthtech company dacadoo has deepened its strategic collaboration with Microsoft to deliver scalable, AI-powered health engagement solutions
Insurtech Neutrinos launched AI Agent Library to streamline insurer’s automation
Neutrinos, a digital transformation platform focused on InsurTech, has launched its AI Agent Library to streamline automation across key insurance operations
Artificial Intelligence Underwriting Company raised $15mn in seed round led by NFDG
San Francisco-based InsurTech startup AIUC has raised $15mn in seed round led by NFDG, with participation from Emergence, Terrain
Oscar Health forecasts $228 mn Q2 2025 net loss amid higher marketplace acuity
Insurtech Oscar Health expects a $228 mn net loss for the second quarter 2025. The revised projection follows a deeper review of claims data showing rising morbidity levels
65% of consumers want AI to simplify life insurance process – Survey
iCover Direct announced results from consumer survey revealing a growing consumer demand for AI to streamline and simplify the life insurance experience
InsurTech & FinTech expansion drive growth of Dubai International Financial Center in 2025
The Dubai International Financial Centre (DIFC) recorded its strongest half-year performance to date, led by significant momentum in the insurance and FinTech sectors
Sputnik Digital launches AI Tool ‘Invntry’ to automate home contents valuation for insurers
The tool, Invntry, automatically compiles and estimates the value of items from images, streamlining a traditionally time-consuming process for both insurers and policyholders.
InsurTech Loxa secures £1.69 mn in seed funding to expand product protection platform
London-based InsurTech Loxa has raised £1.69 mn in seed funding to scale its retail-focused product protection platform
The first notice of loss (FNOL) is the starting point for every insurance claim. It sets the tone for the entire claims cycle. And for years, this process has been manual
InsurTech funding crossed a significant milestone in Q2 2025, with $60.8bn raised since records began in 2012. The data reflects the scale of investor appetite over 10Y
Insurance intersects with nearly every sector: infrastructure, logistics, health, environmental risk, and beyond
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