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
InsurTech News
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
Moxso raises $5.5 mn to expand AI-driven cybersecurity across Europe
Seed Capital has made its first cybersecurity bet under a new strategy, leading a $5.5mn seed round in Copenhagen-based Moxso. Ugly Duckling Ventures and D2 Fund also joined
Insurtech Sola secures $8 mn to build fully integrated property insurer
Atlanta-based insurtech Sola has raised $8mn in Series A funding, pushing total financing to $11.7mn. The round was led by FINTOP Capital and JAM FINTOP
Verisk and Legentic roll out insurance fraud detection tools for U.S. Insurers
Insurance fraud costs U.S. consumers an estimated $308.6 bn every year, putting pressure on carriers to adopt more advanced detection systems
Insurtech Roamly unveils AI Carshare insurance embedded in SaaS
Roamly has launched an AI-driven Carshare insurance platform aimed at tackling one of the toughest challenges in shared mobility
Concirrus becomes first insurtech to secure AI, security & SOC 2 certifications
Concirrus has become the first insurtech globally to earn ISO/IEC 42001 for AI governance, ISO/IEC 27001 for information security, and SOC 2 compliance
CarTrawler acquires insurtech Koala to expand into travel insurance
Irish travel technology firm CarTrawler has acquired French insurtech startup Koala, marking its first major move into the insurance technology space
Coalition launches Active Cyber Insurance in France backed by Allianz
Coalition, the cyber insurance specialist known for its “Active Insurance” model, has entered the French market with the launch of its Active Cyber Insurance product
Lemonade reduces quota share reinsurance from 55% to 20%
Lemonade is scaling back its quota share reinsurance from roughly 55% to 20%, a move driven by stronger capital generation and improved underwriting performance
Insurtech Vesttoo creditors file fraud suit against Aon and CCB over $4 bn LOC scandal
The Vesttoo Creditors Liquidating Trust, established by the U.S. Bankruptcy Court in Delaware, has filed a lawsuit targeting Aon, China Construction Bank (CCB)
Infinity Loop secures $5 mn seed round to expand AI-driven contract platform
Infinity Loop, an AI-native contract intelligence platform for enterprise vendor management, has raised $5mn in a Seed Round led by Glasswing Ventures and TIAA Ventures
Advent to acquire Sapiens in $2.5 bn all-cash deal, taking InsurTech provider private
Sapiens International Corporation, a SaaS software vendor for the insurance sector, will be acquired by private equity firm Advent in a $2.5bn all-cash deal
ePayPolicy secured investment to accelerate insurance payments innovation
ePayPolicy, a provider of digital payment solutions purpose-built for the insurance industry, has secured a strategic investment from private equity firm LLR Partners
Insurtech Naluri secures $5 mn to scale digital health platform in Asia
Naluri, a digital health insurtech provider focused on employee wellbeing, has raised $5 mn in fresh Series B equity, bringing its total Series B funding to $14 mn
Insurtech Gateway gains approval to operate in Lloyd’s Market
Insurtech Gateway, an incubator focused on early-stage MGAs and SaaS founders, has received authorisation to operate within the Lloyd’s market after securing its Lloyd’s broker licence
Medicare insurtech GoHealth secured $115 mn in new financing
GoHealth secured $115 mn in new financing and overhauled its board as it moves to reinforce its standing in the Medicare market
CyberCube partnered with Wholesure to improve cyber insurance assessments for SMBs
Wholesure, the wholesale brokerage division of Acrisure, has partnered with CyberCube to improve cyber insurance assessments for small and medium-sized businesses
Life insurer Meanwhile appoints Michael Grob as Head of International Distribution
Meanwhile, the Bitcoin-denominated life insurance company, announced the appointment of Michael Grob as Head of International Distribution
Kinetic Insurance Brokers adopted Novidea’s cloud-native insurance platform
Kinetic Insurance, a US-based managing general underwriter, has adopted Novidea’s cloud-native insurance management platform to modernize operations and expand capacity
NFP deployed Qumis, AI platform for insurance lawyers, to overhaul P&C operations
NFP has deployed Qumis, an AI platform developed by insurance lawyers, to overhaul its property and casualty operations
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
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
Finding affordable health insurance in California can be overwhelming. You’re faced with dozens of plan options, unfamiliar terms and questions about whether you qualify for subsidies through Covered California
Health insurance is an integral part of employee benefits packages in the United States. However, any employer federally required to provide this compensation could admit that their costs can be burdensome
Fitch Ratings warns U.S. health insurers face a tougher 2026 as medical costs rise, ACA subsidies expire, and policy uncertainty weighs on margins
Providing health insurance in California is becoming a competitive necessity for attracting and retaining top talent, particularly in industries such as technology, finance, cyber