Policybazaar has introduced Watania Takaful – PB Auto Care Advantage (Pitstop P360), a comprehensive motor plan developed with Watania Takaful and Pitstop Automotive Services
Mistral AI has agreed to acquire Koyeb, marking its first acquisition and signaling a shift beyond model development into full-stack AI infrastructure
Paris-based OSS Ventures closed the first $47.3 mn for a new vehicle targeting $88.7 mn. The fund will provide follow-on capital to industrial software startups
London-based FYLD, an AI-powered intelligence platform for the infrastructure sector, closed a $41 mn Series B round led by Energy Impact Partners
London-based SurrealDB secured a $23 mn extension to its Series A round and released version 3.0 of its multi-model database platform
OpenAI has approved the first insurance provider-built AI application to operate inside ChatGPT, clearing the way for real-time insurance distribution within a conversational interface
Concirrus has launched Concirrus Inspire, an AI-native underwriting platform built for specialty insurers and MGAs seeking faster decision cycles without loosening risk controls
Carpe Data appointed Glenn Shapiro as Chairman of its Board of Directors, adding a senior claims executive with more than three decades of experience at major US carriers
Insurtech ZestyAI said Lilypad Insurance is implementing its Roof Age and Z-PROPERTY solutions to sharpen property risk assessment
London-based specialty data firm will build US operations in Connecticut, citing access to carriers and regulatory guidance
Comeryx has launched as an AI-native managing general agent focused on small business risks and closed a $7.5 mn funding round
American International Group, Inc. has completed minority investments in Convex and Onex Corporation as part of a $7bn strategic transaction linking the three groups
Suncorp Group reported a sharp fall in fiscal first-half earnings after heavy natural catastrophe losses and weaker investment income weighed on results
Talanx AG has closed its acquisition of minority stakes in two Polish insurers from Meiji Yasuda Life Insurance Co., ending a strategic cooperation agreement
Insurers in the United Kingdom paid out £6.1 bn in property claims during 2025, including £1.5 bn in the fourth quarter alone
Ricardo Lara proposes stricter timelines, online disclosures, and revised fee standards for Administrative Hearing Bureau proceedings
House Bill 5608 would bar use of credit history in rating, underwriting, cancellations across personal lines
New York Regulator says House of Prayer and Life operated as unlicensed health insurer, spent 12.5% of fees on medical claims
Missouri Regulator reports 37% of insurers now write earthquake policies, yet penetration drops to 10.4% statewide
Lawmakers approve SB 6079 to fund home hardening and SB 6031 to expand felony fraud definitions and enforcement reach
Plumbers Welfare Fund alleges billions in kickbacks, inflated formularies, and rebate routing through Swiss affiliate Ascent Health Services
Senate Bill 782 would end household listing mandates, restrict certain claim denials, and define payment hierarchy in motorcycle accidents
Hiscox Re & ILS has rebranded as Hiscox Re and introduced Hiscox Capital Partners, a platform consolidating the group’s third-party capital operations
Pinion Insurance has launched as a specialty carrier backed by a preferred equity commitment of up to $180 mn from Barings
California lawmakers are reviewing Assembly Bill 1795, a proposal to establish the first statewide standards in the US for smoke damage insurance claims
Sixfold has secured $30 mn in Series B funding to expand its AI-driven underwriting platform. Brewer Lane led the round, with strategic backing from Guidewire
ZeroDrift has launched with $2m in pre-seed funding led by a16z speedrun, positioning itself as a real-time compliance firewall for regulated industries
UK-based insurtech Wrisk has acquired Atto, a real-time financial intelligence platform, as it deepens embedded finance and protection capabilities
Admiral Group has agreed to acquire Flock, a UK digital commercial fleet insurtech, in a transaction valuing Flock’s equity at £80 mn
AI-native insurtech mea has raised $50 mn in minority growth equity from SEP, marking its first external funding round
Stockholm-based Lassie has secured $75 mn in Series C funding to expand its prevention-led pet insurance model across Europe
Italian startup Intuos secures €720k to expand fleet management platform into the US after Europe growth and South Africa distribution deal
Full-coverage auto insurance premiums drop 6% to $2,144 in 2025 after a 46% surge, but high-cost states climb and 2026 increases loom
Florida SB 632 would cut $1 mn rideshare liability during trip acceptance phase, drawing support from Uber and Lyft and pushback from trial lawyers
Gov. Maura Healey proposes $100 mn reduction to Massachusetts GIC funding as medical costs climb 10%, prompting protests and debate
Gov. Ned Lamont seeks $1 mn to study a Connecticut Option and proposes ICHRA tax credits up to $1,000 per worker for small businesses
Illinois DOI updates 2026 filing instructions for annual supplier diversity reports, sets asset test, SERFF codes, and scope rules
Reps. Rick Allen, Buddy Carter and Sanford Bishop introduced the Farmers’ AID Relief Act to amend the USDA’s Hurricane Insurance Protection–Wind Index program
Allstate North American Insurance Company will reduce private passenger auto insurance rates by 5% in Georgia, generating an estimated $17.7 mn in savings for policyholders in 2026
A Hong Kong court has found the father of overseas activist Anna Kwok guilty under Article 23 after he attempted to cancel her insurance policy and withdraw funds, in a case drawing international criticism
FEMA has issued final pending flood maps that may change mandatory flood insurance requirements, giving homeowners six months to review potential impacts before they become effective
Chase introduces Chase Protect in the UK, combining travel insurance, mobile phone cover and AA breakdown assistance into a £12.50 monthly bundle integrated within its banking app
Advance secures $8.55 mn in seed funding led by nvp Capital to automate premium flows, trust accounts and remittances for insurance intermediaries, turning idle balances into yield
Howden Group secures $703 mn in gross proceeds through a $690 mn add-on to its 8.125% senior notes due 2032, strengthening capital for expansion and acquisitions
London-based Automata secures $45 mn Series C led by Dimension to expand its LINQ modular robotics platform and deepen integration with Danaher technologies
Insurify introduces the first insurance app in ChatGPT’s directory, enabling users to compare car insurance quotes and reviews directly within the AI platform
InsurTech platform Equal Parts secures $23 mn Series A to accelerate independent agency acquisitions and expand its AI-driven operating system
Insurtech ManageMy secures $45 mn, including $20 mn Series B, to expand internationally and advance AI-driven capabilities across its platform
UK-based Bound secures €20.7 mn Series A led by AlbionVC to expand automated FX risk management across Europe after trading €1.6 bn in 2025
Amsterdam-based Duna secures €30 mn Series A led by CapitalG to expand its AI-native digital passport for businesses and scale enterprise identity infrastructure
Swiss DeepTech startup Chiral secures €10 mn Seed round to commercialise robotic nanomaterial integration for next-generation semiconductor and quantum devices
Dublin-based Aerska secures €32 mn Series A to scale brain shuttle technology for RNAi therapies targeting Alzheimer’s and other CNS diseases
Paris-based Elaia launches €120 mn first close of DV5, aiming for €300 mn to back European B2B startups from pre-Seed to Series B across AI
Norway and US-based Trener Robotics secures €26 mn Series A to expand its Acteris AI robot skills platform and accelerate R&D, partnerships, and global growth
London-based Overmind secures €2.3 mn seed round to build supervision infrastructure for AI agents across legal, healthcare and FinTech markets
Mapfre reports 536 active LatAm insurtechs and $199 mn in funding in 2025, as the ecosystem shifts from distribution toward technology enablement
Singapore-based Kairos Risk Solutions introduces Weather Data Platform using AI to support year-ahead forecasts and data-driven parametric insurance structuring
AIG takes 35% stake in Convex and 9.9% in Onex as Onex gains 63% control, forming strategic partnership with $2 bn capital commitment
Moody’s says German P&C and life insurers improved in 2025, but expects underwriting profitability to soften in 2026 as cat losses normalise
Gallagher Re’s Pablo Muñoz reports global facultative reinsurance pricing softening after January 1 renewals, driven by abundant capital and expanding appetite
