Akur8 launches Rate Repo and Deploy to unify actuarial pricing and deployment
Akur8 expands its actuarial suite with Rate Repo and Deploy, offering insurers faster, compliant pricing workflows from model creation to live deployment
InsurTech News
Kalepa partners with AmRisc to scale AI-powered underwriting operations
Kalepa and AmRisc form a strategic partnership to boost underwriting efficiency, accuracy, and speed with AI-driven document and submission processing
ClaimSorted raised $13.3 mn to speed up insurance claims with AI-powered TPA
ClaimSorted secures $13.3m seed round led by Atomico to expand its AI-driven claims management platform, cutting costs and boosting speed for insurers worldwide
EIS expands OneSuite with CoreGentic AI to reshape insurance core systems
EIS launches OneSuite powered by CoreGentic, embedding AI and agentic orchestration into core insurance tech to slash costs, boost agility, and cut IT dependence
Socotra launched AI-driven Agentic Configuration to cut insurance product costs
Socotra debuts Agentic Configuration, an AI-powered tool slashing insurance product timelines, cutting costs by up to 75%, and reducing iteration cycles by 90%
Gradient AI partners with Connexure to unify underwriting and risk automation
Gradient AI joins forces with Connexure to merge predictive analytics and workflow automation, helping carriers and MGUs improve underwriting speed and accuracy
DXC launches AI SaaS platform to modernize small and mid-sized insurance brokers
DXC unveils Assure Broking Essentials, an AI-powered SaaS platform helping insurance brokers modernize, cut compliance costs, and improve customer service
California health plan automates provider services with Ushur AI Agent
A top California health plan uses Ushur’s AI Agent to automate benefits, claims, and credentialing support, cutting costs and improving provider satisfaction
AXA Partners and bolttech join forces to expand embedded insurance in Europe
AXA Partners teams with bolttech in a long-term deal to deliver embedded insurance across EU, UK, and Switzerland, targeting telcos, banks, retailers, and OEMs
Irys secures $12.5 mn seed to build AI-native insurance infrastructure
Irys raises $12.5mn led by Markd to expand AI-native insurance platform, scale partnerships, and deliver real-time operations across the US and Canada
HOOTL secures $6.5 mn Series A led by 5IR Funds to cut inefficiencies in healthcare insurance
AI-first startup HOOTL secures $6.5mn Series A led by 5IR Funds to cut inefficiencies in healthcare insurance claims with compliance-driven automation
Xceedance secures Portage investment, lifts funding to $100 mn for AI insurance push
Portage takes minority stake in Xceedance, boosting total funding to $100mn as the insurtech expands AI-enabled solutions and pursues strategic acquisitions
FurtherAI raises $25 mn Series A from a16z to automate insurance workflows
FurtherAI secures $25mn led by Andreessen Horowitz to expand AI-driven insurance workflows, scaling automation for carriers, brokers, and claims teams
Bitcoin life insurer Meanwhile secures $82 mn to expand BTC savings and annuities
Meanwhile, a Bermuda-regulated bitcoin life insurer, raised $82mn led by Bain Capital Crypto and Haun Ventures to expand BTC life insurance and savings products
Lloyd’s and Ireland launch Irish insurtech accelerator cohort for 2026
Lloyd’s and Ireland’s Department of Finance unveil an Irish-themed Lloyd’s Lab cohort in 2026 to drive insurtech growth and showcase Irish expertise globally
Crypto insurtech Anthea raised $22 mn Series A to launch Ethereum life insurance
Crypto life insurer Anthea secures $22mn Series A led by Yunfeng Financial to launch first ETH-denominated life insurance and expand across Asia
Ethos and Neptune Insurance file IPO plans with SEC amid strong earnings
Ethos and Neptune push forward IPO filings with Nasdaq listings, revenue gains, and share details that highlight their insurance-tech growth strategies
Tokio Marine taps OpenAI to embed ChatGPT in insurance operations
Tokio Marine teams up with OpenAI to bring generative AI into sales, contracts, and customer services, aiming for sharper proposals and faster processes
Datavant buys DigitalOwl to push AI medical data into insurance and legal
Datavant acquires DigitalOwl, fusing AI-driven medical data tools with its network to speed claims, legal reviews and healthcare record access
Axon Therapies raised $32 mn to push implant-free heart failure trials
Axon Therapies secures $32 mn to advance implant-free splanchnic ablation trials in HFpEF and HFrEF as investors eye global reimbursement and market adoption
Daymark Health raises $20 mn Series A to scale value-based cancer care
Daymark Health secures $20 mn led by Healthier Capital and Blue Venture Fund to expand its tech-enabled, patient-focused cancer care platform nationwide
Optifino, Covr merger creates digital BGA 3.0 for life insurance advisors
Optifino and Covr merge to form Digital BGA 3.0, blending AI-driven case design with enterprise compliance to modernize life insurance distribution
Insurtech Incept launched real-time title insurance to speed UK property deals
UK InsurTech Incept debuts algorithm-driven title insurance, cutting delays and costs in real estate transactions with Land Registry live data
Genpact launches AI-powered insurance suite to cut underwriting cycle times
Genpact’s new AI suite for commercial and specialty insurers promises 90% touchless submissions, 50% lower costs, and faster quote-to-bind processes
UK insurtech Eleos Life launches digital term life with wellness perks
Eleos Life debuts a digital-first term life product in the UK, embedding cover into apps and adding wellness benefits to close the protection gap
INSHUR appoints ManyPets co-founder Guy Farley to UK advisory board
INSHUR has added Guy Farley, co-founder and former CTO of ManyPets, to its UK board of advisors as it ramps up efforts in AI-driven and autonomous vehicle insurance
Insurtech Insify raised €16.3 mn Series B to expand SME coverage in Europe
Dutch insurtech Insify secures €16.3m Series B led by Evli Growth Partners to scale AI-powered insurance for freelancers and SMEs across Europe
MetLife buys 20% stake in insurtech Klimber to expand Latin America reach
MetLife acquires 20% of Klimber, aiming to scale digital insurance access in Latin America through AI-driven underwriting and embedded distribution
Onex to acquire insurtech ISC from KKR as Japan Post backs $2 bn Global Atlantic deal
Onex Partners to buy ISC from KKR, while Japan Post commits $2bn to a Global Atlantic vehicle tied to insurance, reinsurance, and strategic activity
Insurtech Zego ditches black box with app-based telematics to cut costs for UK drivers
UK insurtech Zego launches app-based telematics, replacing black box devices with smartphone tracking to deliver fairer, safer, and more transparent car insurance
SaaS insurtech Shift Technology unveils agentic AI claims platform to boost insurer efficiency
Shift Technology has introduced Shift Claims, a new agentic AI-powered platform aimed at reshaping how insurers handle claims
Invision Cyber and Trend Micro launch data-driven cyber insurance for US firms
Invision Cyber partners with Trend Micro to deliver a real-time, telemetry-based cyber insurance product for US businesses with $10mn coverage capacity
Qover and Helvetia expand partnership to scale embedded insurance across Europe
Qover and Helvetia broaden collaboration to deliver embedded, omnichannel insurance solutions, targeting $30bn market growth by 2030
Hippo adds Laura Hay and Susan Holliday to board, strengthening insurance & risk expertise
Hippo appoints Laura Hay and Susan Holliday to its board, bringing decades of insurance, reinsurance, and governance experience to fuel growth and oversight
Fintech Nestimate sequred $3 mn to expand 401(k) retirement income solutions
Fintech Nestimate has announced the successful closing of $3 mn in funding as part of its effort to help empower 401(k) plan fiduciaries
Insurtech Reserv extends Series B to $41 mn with QBE Ventures backing AI claims push
Reserv raises $41 mn in extended Series B led by QBE Ventures, fueling AI-driven claims orchestration and scaling its TPA platform with $75 mn ARR
InsureMO and Appian team up on AI underwriting platform for US E&S
InsureMO and Appian launch unified underwriting platform for the US E&S market, targeting faster product launches, rating updates, and workflow efficiency
Bamboo Insurance with Accredited to launch E&S homeowners cover in California
Bamboo Insurance partners with Accredited to launch E&S Signature in California, expanding coverage as carriers exit the state’s volatile homeowners market
Insurtech Wopta adds AI agent Anna to expand phygital insurance model
Italian insurtech Wopta launches AI agent Anna with Blu Pantheon to boost phygital insurance services, blending human advice with 24/7 AI support
Allianz UK launches BRIAN AI to cut underwriting search time by 65k minutes
Allianz UK rolls out BRIAN AI for underwriters, saving 65k minutes, boosting speed, accuracy, and confidence in customer enquiry responses
Earnix raises $290 mn to expand AI decisioning for insurers and banks
Earnix secures $290 mn from TPG GP Solutions, JVP, and others to fuel global growth of its Dynamic AI platform for pricing, underwriting, and risk decisioning
Canopius entered into a strategic partnership with insurtech Kalepa
Canopius has entered into a strategic partnership with Kalepa, an underwriting technology company, to supercharge its U.S. operations
Insurtech Seyna secures €10 mn to scale AI-driven broker insurance platform
Paris-based insurer Seyna has raised €10mn in fresh funding to reinforce its solvency and accelerate technology investment as demand from brokers and MGAs surges
Brazilian insurtech 180° Insurance raises $9.2 mn pre-Series B to scale AI insurance
180° Insurance secures $6.4mn equity and $2.8mn debt in pre-Series B, bringing total raised to $46mn as it expands AI-driven B2B2C insurance in Brazil
Elysian secures $6 mn seed to launch AI-native insurance claims platform
Elysian raises $6mn seed to scale its AI-powered TPA platform for commercial insurance, rethinking claims handling with hybrid intelligence and expert review
LightSpun raises $13 mn Series A to modernize dental insurance with AI
Boston-based LightSpun secures $13mn Series A to scale its AI dental insurance platform, cutting admin costs, speeding claims, and expanding provider access
Allianz X invests in Coterie Insurance’s Series C round to back SMB coverage growth
Allianz X leads Coterie’s Series C, expanding reinsurance ties and boosting AI-driven small business insurance in the U.S. market
Insurtech Pathwork raises $3.5mn to scale AI-native life & health insurance platform
AI startup Pathwork secures $3.5mn seed round to modernize life and health insurance distribution, replacing manual workflows for brokers and carriers
Applied Systems acquires Cytora to expand AI-driven insurance automation
Applied Systems buys Cytora, integrating its AI risk platform to cut costs, speed underwriting, and advance the “Digital Roundtrip of Insurance.”
Insurtech Parento secures $5.9 mn Seed II to expand paid parental leave insurance
NY-based Parento raises $5.9mn Seed II, bringing total to $10.3mn, to expand paid parental leave insurance and employee support services for US employers
Insurtech ZestyAI adds mitigation-aware storm risk scoring for insurers
ZestyAI’s new storm risk feature lets insurers adjust risk scores for property upgrades, improving underwriting, rating accuracy, and customer transparency
CatX and Cactus merge to form Bermuda’s biggest insurance software firm
CatX and Cactus join forces, creating Bermuda’s largest insurance software firm and launching Cactus Risk Studio, an AI-driven platform for risk analysis and transactions
Insurtech Kin raises $50 mn Series E at $2 bn valuation, adds $200 mn debt facility
Insurtech Kin just pulled in serious backing. The direct-to-consumer home insurer closed an oversubscribed $50mn Series E round at a $2bn pre-money valuation
Insurtech CLARA Analytics launched IaaS to give insurers sharper benchmarking
AI insurtech CLARA Analytics, the provider of AI technology for insurance claims optimization, launched of CLARA Intelligence-as-a-Service (IaaS)
Insurtech Optalitix extends pricing platform to reinsurance with new quote tools
Insurtech Optalitix has expanded its pricing platform, Optalitix Quote, to serve the reinsurance market, adding tools to model treaty and facultative quotes, manage data
Neutrinos launches AI-native coreless platform to modernize insurance systems
Insurtech Neutrinos has unveiled its AI-Native Coreless System of Execution (CSoE), a platform the company says delivers enterprise-grade intelligent execution through data virtualization and metadata streaming
SaaS OneShield debuts AI Hub to accelerate insurer adoption of intelligent software
OneShield, a provider of core insurance technology for property and casualty carriers and MGAs, launched the OneShield AI Hub — a centralized platform for building
Insurtech Feather launches digital car insurance for expats in Spain, France, Germany
Feather, a Berlin-based insurtech, has rolled out its new Car Insurance product, designed for expats across Europe who often face red tape and language hurdles when securing coverage
Insurtech Eleos Life debuts Theea, an AI co-pilot to simplify life insurance
Insurtech Eleos Life has launched Theea, an AI-driven digital co-pilot designed to guide life insurance customers with clear, real-time support
Life insurtech iPipeline rolls out Advanced Underwriting across SolutionBuilder
iPipeline has expanded its Advanced Underwriting feature to all users of its SolutionBuilder platform, aiming to cut friction in life insurance and financial services protection sales
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