Startup Alvotech secures €100 mn term loan to fund 2026 execution
Reykjavík-based Alvotech raises a €100 mn senior term loan led by GoldenTree, boosting liquidity and replacing its prior working capital facility
InsurTech News
SaaS startup MotorK raises extra €3 mn debt from Atempo to bolster balance sheet
Milan-based MotorK secures an additional €3 mn tranche from Atempo Growth, extending existing debt to support liquidity and corporate needs
Asia is experiencing highest rate of growth in insurtech investments
Asia’s insurtech sector has increased in breadth and depth in recent years. With the region currently poised as the fastest-growing global market for insurtech investmen
M3 Insurance picks SimplePin to automate receivables at scale
M3 Insurance selects SimplePin to automate insurance receivables, cut manual finance work, and gain real-time cash flow visibility
Verisk scraps $2.35 bn AccuLynx deal after FTC review delay
Verisk abandons its $2.35bn acquisition of AccuLynx after the FTC failed to complete review by deadline, setting up a possible legal fight
Insurtech Enzo raises €4 mn Seed extension to scale AI water damage tech
Heidelberg-based Enzo secures €4mn in new Seed funding to expand its AI-driven water damage prevention platform and insurer partnerships
Insurtech Reliance Global sells benefits units, cuts debt by over 50%
Reliance Global completes sale of two benefits units, applies half the proceeds to debt reduction, and refocuses investment on digital platforms
ETHZilla takes stake in startup Zippy to tokenize US home loans
ETHZilla Corporation, a technology company bringing decentralized finance infrastructure to traditional finance, has agreed to acquire a minority stake in Zippy
Insurtech Sixfold partners with Skyward Specialty to scale AI underwriting
Skyward Specialty teams up with insurtech Sixfold to roll out AI-driven underwriting across U.S. P&C lines, accelerating decisions while keeping humans in control
Insurtech bolttech and Lotte Himart launches home appliance switching service
Lotte Himart, electronic goods retailers in South Korea, has partnered with international insurtech bolttech to launch the country’s first-ever home appliance
US home insurance shows stabilisation after years of sharp hikes
Matic data shows US home insurance rates rose 8.5% in 2025, down from 18% in 2024, pointing to stabilisation despite record premiums and climate risk
Insurtech Outmarket launches AI Proposal Builder to cut broker prep time
Outmarket introduces Proposal Builder, an AI-driven workflow that cuts commercial insurance proposal creation from hours to minutes
Exein raises €100 mn as embedded cyber security spreads across devices
Exein secures €100 mn in new funding, lifting 2025 total to €170 mn, as demand grows for embedded cybersecurity in connected devices worldwide
Adaptive Security raises $81 mn Series B as AI cyber risks surge
Adaptive Security closes an $81 mn Series B led by Bain Capital Ventures with NVIDIA and OpenAI backing, bringing total funding to $146.5 mn
Beneva shifts auto products to Guidewire APD with GFT support
Beneva completes early Guidewire APD conversion for auto insurance, cutting timelines in half and unlocking faster digital product changes
Insurtech Lumera buys Acuity to expand UK public sector pensions reach
Lumera agrees to acquire Acuity, adding public sector pensions expertise and strengthening its UK presence amid rising reform and technology pressures
Pinpoint Predictive partners with Trexis Insurance to optimize auto payments
Trexis Insurance deploys Pinpoint Predictive’s loss models to tailor payment plans, cut downpayments, and lift premium output during quoting
Insurtech Cytora partners with Pilotbird to add OSINT into claims workflows
Cytora and Pilotbird link platforms to bring open-source lifestyle analytics into digital FNOL and claims triage for commercial and P&C insurers
Nirvana Insurance hits $1.5 bn valuation in $100 mn Series D
Nirvana Insurance raises $100mn Series D led by Valor Equity, lifting valuation to $1.5bn as AI-driven trucking insurance draws fresh capital
Insurtech incubator Lloyd’s Lab celebrates Cohort 15 and opens Cohort 16
Lloyd’s Lab marked Demo Day for Cohort 15, showcasing 12 InsurTechs, and opened applications for Cohort 16 with a new Ireland-focused theme
Aviva partners with Percayso to deepen vehicle data analytics
Aviva signs a multi-year deal with Percayso Inform to enhance vehicle data enrichment across pricing, underwriting, and claims in UK personal and commercial lines
Maximum Information raises £2.3 mn seed led by Insurtech Gateway to build cat risk tools
Insurtech Gateway leads a £2.3 mn seed round in Maximum Information as the firm builds vendor-agnostic catastrophe risk analytics
Orange Poland with insurtech bolttech launches telco-led insurance platform
Orange Poland rolls out “Insure with Orange”, a digital insurance comparison platform built with bolttech, offering motor and home cover in minutes
Coalition adds deepfake response cover to global cyber insurance policies
Coalition expands its cyber insurance with a deepfake response endorsement, offering forensic, legal, and PR support as AI-driven threats grow
SAR insurtech ICEYE adds flood intelligence to Munich Re risk platform
ICEYE partners with Munich Re’s Risk Management Partners to bring SAR-based flood data and early warning tools to the Location Risk Intelligence platform
Cloudflare report shows AI bots driving traffic surge
Cloudflare data shows a 19% traffic jump, AI crawler dominance, post-quantum crypto growth, and rising attacks on civil society sites
Blockchain AI startup Hyra partners with Numbers Protocol to scale AI and compliance
Hyra Holdings and Numbers Protocol – two innovators united by a shared vision: to build a decentralized, transparent, and trustworthy digital ecosystem
Insurtech Acko steps up IPO plans, targets $300-400 mn listing by 2027
Indian insurtech unicorn Acko advances IPO preparations, eyeing a $300–400 mn raise as losses narrow and growth accelerates across health and embedded insurance
Insurtech Bold Penguin acquires SquareRisk to expand specialty, E&S access
Bold Penguin buys SquareRisk, adding specialty and E&S marketplace access across 45+ carriers and scaling digital wholesale insurance distribution
Cloud pricing engines shift insurance IT from burden to advantage
Cloud-native pricing engines are reshaping insurance IT, cutting deployment friction, lowering costs, and turning pricing agility into a competitive edge
Insurtech Parametrix raises $27 mn Series B to insure data center downtime
Parametrix secures $27 mn Series B as demand grows for insurance covering data center SLA breaches and digital downtime risk
Vietnam insurtech Saladin raises Series A led by SBI Ven Capital
Vietnam-based Saladin secures Series A funding to expand into life and health insurance, scale AI-driven distribution, and deepen enterprise partnerships
Insurtech Wakam UK taps Vitesse to modernise claims funding across Europe
Wakam UK adopts Vitesse’s real-time claims funding platform, cutting loss fund holding periods and freeing capital to support growth across the UK and Europe
Insurtech Adoro launches pet insurance across 28 states in expanding US market
Adoro Pet Insurance enters 28 states, targeting gaps in US pet coverage with broader benefits, steadier pricing, and faster claims handling
OpenAI sees rapid AI uptake as insurers and banks scale real deployments
Insurers and financial firms ramp up generative AI for fraud, claims, lending and analysis, with Europe emerging as a leader in production-scale rollouts
Insurtech ZestyAI expands ZORRO Discover to all P&C lines in the US market
Insurtech ZestyAI pushed ZORRO Discover into every corner of the P&C sector, turning the platform into a single gateway for real-time intelligence drawn from millions of state filings
Insurtech Eleos launched AI Voice Agent to deliver 24/7 insurance policy support
Eleos debuts an AI Voice Agent for round-the-clock insurance support, building on earlier chatbot tools and its embedded life and income protection model
Australia’s insurtech market to hit $4.2 bn by 2034 with 30% annual growth
Australia’s insurtech market jumps from $3767 mn to a projected $4.2 bn by 2034, driven by digital uptake, AI tools, embedded cover and rising consumer demand
bolt partners with Roamly to expand specialty RV insurance nationwide
bolt adds Roamly’s RV insurance to its exchange, giving agents in all 50 states tailored cover as RV travel demand climbs into 2025-2026
Ondo InsurTech launches WRAP Retail Offer as part of £2.48 mn raise
Ondo opens a discounted WRAP Retail Offer for UK shareholders, adding £0.20m to a wider £2.28m placing and subscription aimed at shoring up operations
Insurtech bolttech buys Kenya’s mTek to scale embedded insurance across East Africa
bolttech acquires Kenya’s mTek, expanding its East African footprint and boosting global embedded-insurance capabilities with a proven digital platform
Planetun boosts AI investment as digital inspections surge across insurance
Brazil’s Planetun expands its AI-driven inspection and automation tools as demand for digital insurance services surges across LATAM
Aistech Space nets €8.5 mn to boost multispectral and TIR Earth-observation platform
Aistech Space, a Spanish spacetech company building a constellation of small satellites for thermal and multispectral Earth observation, closed one of the largest rounds
Wideum boosts remote-assistance cybersecurity with encryption, audits and AWS stack
Wideum leans heavily into cybersecurity because remote-assistance software lives or dies on trust. The company rebuilt its stack around tighter encryption
Nothing Technologies settles employee lawsuit tied to discrimination claims
Nothing Technologies, formerly LULA, reached a confidential settlement with ex-employee Kayla Gilchrist over alleged discrimination, pay issues, and wrongful termination
Most insurance customers trust AI for simple tasks, not pricing or claims
A J.D. Power survey shows customers accept AI for routine insurance tasks but doubt insurers share its benefits, with strong resistance to AI pricing and claims decisions
ICEYE adds five SAR satellites to boost catastrophe insight for insurers
ICEYE launches five new SAR satellites on SpaceX’s Transporter-15 to expand rapid, high-resolution imaging for insurers and government missions
mea Platform and Regenvita partner to speed AI adoption in Scandinavia
mea Platform teams with Regenvita to push AI-driven automation across Nordic insurers, targeting underwriting, claims, and finance operations
Redkik and Cargors team up to deliver data-driven cargo insurance into digital workflows
Redkik partners with Cargors to embed instant, data-driven cargo insurance into digital road-transport workflows for SMEs and enterprise shippers
Insurtech Neutrinos unveils venture studio and global “Reimagining Risk” challenge
Neutrinos launches a venture studio and a global risk-focused startup challenge to speed AI-native innovation for insurers and financial institutions
Insurers push into AI-agent failures as demand surges for new coverage
Insurers enter the AI-agent risk market with new standards, certifications and liability cover as businesses seek protection from costly failures
Insurtech Liablix raised €1.2 mn to scale automated motor-claims analysis tech
Liablix secures €1.2 mn pre-seed to expand its AI-driven motor-claims platform built for insurers seeking accuracy, speed, and fraud reduction
Convr marks 10 years of AI underwriting with expanded submission ontology
Convr celebrates a decade of its commercial P&C submission ontology, now powering unified data, workflows, and risk insights across underwriting teams
MCP-enabled AI tools triggers new systemic cyber threats for insurers
KYND warns MCP-enabled AI tools open hidden attack surfaces and demand continuous monitoring, richer data, and tighter AI policy wording
PolicyMe and Embark link insurance and education savings for Canadian families
PolicyMe partners with Embark to connect RESP planning with digital life insurance, giving Canadian families a fuller approach to long-term financial security
Curative secures $150 mn Series B to scale its $0-cost insurance model
Curative raises $150mn at a $1.275bn valuation to expand its $0-out-of-pocket health plan, boost AI-driven member tools, and grow beyond Texas, Florida and Georgia
Carpe Data plugs its insurance fraud tools into Verisk ClaimSearch network
Carpe Data integrates its injury-claims fraud tools into Verisk ClaimSearch, giving insurers faster access to alerts, reports and automated monitoring
LifeSearch launches UK’s first fully digital in-journey life insurance trust
LifeSearch adds a digital trust engine to its online life insurance journey, aiming to place most policies in trust and close a major protection gap
Insurers race to tackle “silent AI” exposures with new wordings, products
DAC Beachcroft says silent AI risk is reshaping policy wordings, products and reinsurance as agentic AI, fraud and regulatory gaps fuel 2026 challenges
US insurers add generative AI exclusions as regulators approve new forms
Filings show carriers adopting ISO-based generative AI exclusions in commercial policies, with regulators in multiple states signing off on the updates
Over 40% of agentic AI projects will be canceled by the end of 2027, due to escalating costs, unclear business value or inadequate risk controls
Insurers enter 2026 with longer settlement cycles, rising volumes, and slow AI adoption, increasing costs and operational risk, AutoRek finds
How insurers use AI, parametric models and data to close the global protection gap, support climate finance, and strengthen resilience amid regulatory fragmentation
Although cyber incidents have not resulted in a significant systemic event for the U.S. financial services sector to date, they could pose risks to financial stability