Saudi insurer Walaa deploys CoverGo’s digital health insurance claims platform
Saudi insurer Walaa deploys CoverGo’s digital health claims platform to bring claims in-house, cut costs, and support growth in its health portfolio
InsurTech News
Insurtech Akur8 acquires Matrisk to add AI filings intelligence to pricing
Akur8 buys Matrisk and launches Akur8 Discover, adding AI-powered regulatory filings search and market intelligence to its P&C pricing platform
Insurtech Roots launches AI claims accelerator for Guidewire ClaimCenter
Roots releases a Guidewire-validated AI accelerator that automates claims document processing inside ClaimCenter on Guidewire Cloud
Insurtech Kita launches NPI cover for carbon and natural capital finance
Kita expands carbon insurance with a Lloyd’s-backed non-payment policy targeting lenders funding carbon and nature-based projects
California pushes AI rules despite Trump threats and tech pressure
California lawmakers press ahead with AI regulation despite Trump’s funding threat, as tech giants warn rules could drive companies out
BioTech Engitix lands €21 mn extension to push ECM cancer therapies
London-based Engitix secures a €21mn Series A extension to advance ECM-targeted oncology and fibrosis drug programs
Equitable Earth raised €12.6 mn to scale nature-based carbon certification
Paris-based Equitable Earth (formerly ERS), a provider of certification for nature-based carbon projects, closed a €12.6 mn Series A round to push the expansion
MedTech FineHeart raised €35mn Series C and €48 mn in EU grants
French MedTech FineHeart raises €35mn Series C and €48mn in EU grants to scale its FlowMaker device for advanced heart failure
HealthTech Tucuvi raised €17 mn to scale certified voice AI in healthcare
Madrid-based Tucuvi secures €17mn Series A to expand its certified voice AI platform across European and US healthcare systems
Insurtech Acrisure to buy MGA Efficient Insurance Solutions, expand EIS
Acrisure agrees to acquire Efficient Insurance Solutions, taking full ownership and planning to scale the MGA’s delegated underwriting platform
InsureVision launched TeslaStick and FleetVision, video-based underwriting AI tools
InsureVision debuts video-based underwriting tools at CES 2026, targeting personal auto and fleet losses with contextual driving risk AI
Insurtech Xceedance acquires Marble Box to enter agent, broker operations
Xceedance buys Marble Box, entering the agent and broker market and pairing insurance operations talent with workflow tech, automation, and data tooling
MilTech NanoXplore raised €20 mn to push defence chips and EU sovereignty
French chipmaker NanoXplore secures €20 mn from MBDA and Bpifrance to expand into defence electronics and reinforce Europe’s ITAR-free supply chain
Startup Aidoptation raises €20 mn to scale AI autonomous systems
Belgian-American startup Aidoptation secures €20 mn to accelerate AI-driven autonomous systems for automotive, security, and defence use
HealthTech Pragmatech raised €650k to scale CE-marked AI antibiotic tool
Spanish HealthTech Pragmatech secures €650k to accelerate rollout of iAST, its CE-marked AI software for antibiotic prescribing
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
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
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
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