UK startup Compound secured £500k to modernise workplace pensions
UK startup Compound secured £500k to modernise workplace pensions, targeting low engagement and high opt-out rates with automation and improved UX
News
Kulipa raises $6.2 mn to scale stablecoin card issuing infrastructure
Paris-based Kulipa raised $6.2mn in seed funding to expand stablecoin-funded card issuing across regulated markets in Europe, Africa and the US
FinTech Round raised $6 mn in Seed to automate treasury, payroll & payments with AI
Round raised $6 mn in Seed funding to automate treasury, payments and payroll, after processing more than $500 mn in transactions
Ralio raises $2.5 mn to build payment rails for AI agents
UK startup Ralio secures $2.5 mn pre-seed to develop payment infrastructure for AI agents, targeting secure autonomous transactions
Certiv raises $4.2 mn to secure autonomous AI agents on employee devices
Seattle-based Certiv emerged from stealth with $4.2 mn in pre-seed funding to build endpoint security controls for autonomous AI agents in enterprise settings
Cybertech Surf launches with $57 mn to push AI-led preventive cybersecurity
New York-based Surf emerged from stealth with $57 mn in funding to automate security hygiene and remediate enterprise risks with agentic AI
Conduit Health raises $17 mn to expand AI platform for insurance-covered medical supplies
Conduit Health secured $17 mn in Series A funding to grow its AI platform for Medicare and Medicaid patients needing insurance-covered medical supplie
Polymarket buys DeFi startup Brahma to simplify crypto prediction markets
Polymarket acquired Brahma to improve wallet flows, liquidity, and DeFi infrastructure as it pushes for a simpler prediction market experience
Yuzu Health raises $35 mn in Series A to rebuild health insurance infrastructure
Yuzu Health secured $35 mn in Series A funding to expand its health plan platform, automate back-office workflows, and scale modern insurance operations nationwide
S&P Global closes Enertel AI deal to deepen North American power forecasts
S&P Global completed its acquisition of Enertel AI, adding short-term AI-driven power price forecasting to its long-term energy market analytics
Startup Deeptune raises $43 mn led by a16z to build virtual training grounds for AI agents
New York-based Deeptune secured $43 mn in Series A funding to expand simulation-based training for AI agents as the industry searches for new data sources
Omniscient raises €3.5 mn in pre-seed to bring AI intelligence to the C-suite
Paris-based Omniscient secured €3.5 mn in pre-Seed funding to expand its AI decision platform for boards and senior executives across global organisations
Xoople secures €112.6 mn to build Earth data infrastructure for AI
Madrid-based Xoople raised €112.6 mn in Series B funding to scale its Earth data platform and expand real-time intelligence for AI, insurers, and enterprises
Trent AI raises $13 mn to secure the rise of autonomous AI agents
London-based Trent AI raised €11 mn in seed funding to build security infrastructure for autonomous AI systems as enterprise adoption outpaces governance
Blossom Health raises $20 mn to expand AI-led psychiatry care
Blossom Health secured $20 mn in seed and Series A funding to expand its AI-native telepsychiatry platform, insurer ties, and clinician network across the US
How businesses can reduce cyber risk and limit digital loss
Businesses face higher cyber risk from breaches, outages, and human error. Strong backups, staff training, the right tools, insurance, and response plans help
Midas raises $50 mn in Series A to scale tokenised asset infrastructure
Berlin-based Midas secured $50 mn in Series A funding as it expands tokenised asset issuance, DeFi integrations, and instant-redemption infrastructure
Frank Carone associates charged in alleged no-fault insurance fraud case
Federal prosecutors charged three associates of Frank Carone in an alleged no-fault insurance fraud scheme, while Carone said he and his firm were victims too
Judge lets insurer payment-fixing case against Zelis and major health insurers move ahead
A federal judge allowed providers’ antitrust case against Zelis, Aetna, Cigna, Elevance, Humana, and UnitedHealth to proceed over out-of-network payment claims
Hartford Insurance to pay $100 mn in Baltimore archdiocese abuse bankruptcy
Hartford agreed to contribute $100 mn toward clergy abuse survivor claims in the Baltimore archdiocese bankruptcy, pending court approval of a reorganization plan
Special master backs $1.6 bn restitution for Greg Lindberg insurance fraud victims
A court-appointed special master recommended about $1.6 bn in restitution for victims tied to Greg Lindberg’s insurance fraud, narrowing who qualifies for payment
Illinois pushes auto insurance overhaul amid rising premiums
Illinois lawmakers are weighing insurance reforms aimed at rate oversight, fairer pricing, and stronger consumer protections as auto coverage costs climb
Healthcare insurance costs move back to the top of US voter concerns
Rising medical costs and higher insurance premiums pushed healthcare back to the top of US domestic concerns, with affordability now outpacing the economy
Brittni Mealy says Future ignored court-ordered $500,000 life insurance policy
Brittni Mealy asked a Georgia court to hold Future in contempt, alleging he failed to secure a $500,000 life insurance policy for their son Prince
Missouri court backs Mount Vernon in $875,000 church fire insurance claim dispute
A Missouri federal court ruled Mount Vernon owed no more than $875,000 on a $2.5 mn church fire policy after the insured failed to support its claim under the policy terms
India plans sovereign backing for Gulf shipping insurance cover
India is preparing sovereign support for marine insurers as Gulf war-risk premiums surge, with proposed backstops worth $1.8 bn to keep cover in place
Minnesota home insurance premiums jumped 34% in a year
Minnesota posted the biggest rise in US homeowner insurance premiums, with costs up 34% as severe weather, repair expenses, and aging homes pushed rates higher
Medicare Advantage insurers get bigger 2027 rate lift after CMS revision
CMS raised 2027 Medicare Advantage payments by 2.48% on average, with risk-model changes pushing the total increase near 5% and insurer shares jumping
DFC and Chubb expand Hormuz maritime insurance facility to $40 bn
DFC and Chubb added six US insurance partners, doubling maritime reinsurance capacity to $40 bn to support trade through the Strait of Hormuz
April reinsurance renewals extend softer pricing despite Middle East tension
Reinsurance rates eased again at April 1 renewals as strong capital, low cat losses, and surplus capacity outweighed geopolitical stress and economic uncertainty
Farmers Insurance targets 1,700 new agency owners in major distribution push
Farmers plans to add nearly 1,700 agency owners, launch an Elite program for well-capitalized recruits, and expand growth across underrepresented markets
Georgia bill would let property owners sue over local enforcement failures
Georgia lawmakers passed a bill allowing property owners to seek damages from local governments over alleged failures to enforce camping and immigration rules
Texas insurance investigator helped trace suspect in $400 mn Medicare fraud case
A Texas insurance investigator and analyst helped identify and track a Russian national accused of filing $400 mn in fake Medicare claims
NHTSA closes Tesla Smart Summon probe after low-speed crash review
NHTSA closed its probe into Tesla’s Smart Summon feature after finding about 100 low-speed crashes caused minor property damage and no injuries
Deere agrees $99 mn settlement in farm equipment repair case
Deere agreed to a $99 mn settlement over repair access claims and said it will provide digital repair tools for large farm equipment for 10 years
Jones Day data breach exposed files tied to 10 client matters
Jones Day said a phishing attack exposed dated files tied to 10 clients, as the Silent cybercrime group claimed responsibility for the breach
mShift adds BOXX cyber insurance products to marketplace for brokers
mShift added BOXX Insurance to its marketplace, giving brokers faster digital access to cyber cover for SMEs through quoting, binding, and issuance tools
Europe’s biggest insurers face slower growth after strong 2025
Moody’s said Allianz, AXA, Generali and Zurich posted strong 2025 results, though weaker pricing momentum and rising geopolitical risk threaten earnings growth
Cloud outage risk stayed high despite drop in critical downtime
Parametrix said critical cloud downtime fell 28% in 2025, though major outages at AWS, Azure, Google Cloud, and Cloudflare kept digital supply chain risk elevated
Reinsurance pricing softens as profits stay strong in a capital-rich market
Autonomous said reinsurance renewals stayed soft, rate cuts widened in property and specialty, and profits still support mid-to-high teen returns on equity
Odyssey Group updates brand as Hudson and Newline adopt shared identity
Odyssey Group introduced a new brand identity, bringing Hudson and Newline under a shared visual system as the Fairfax-owned firm marks 30 years
P&C reinsurance margins face pressure as pricing eases in 2026
Moody’s said P&C reinsurance profitability has likely peaked as pricing softens, competition spreads, and European reinsurers adjust risk appetite
Japan April 1 renewals extend softer reinsurance pricing trend
Japan-focused April 1 renewals carried forward January trends, with property cat pricing falling and buyers reshaping programmes in a softer market
Insurtech Qover secures $12 mn from CIBC as embedded insurance grows
Qover raised a $12 mn growth facility from CIBC, pushing total funding past $100 mn as it expands its embedded insurance platform and AI stac
Kairos Risk Solutions buys Molto Re to expand in North America
Kairos Risk Solutions acquired Molto Re and named Josh Madson North America managing director as it pushes deeper into reinsurance and risk advisory
US InsurTech deal share expands as AI dominates 2025 funding
US InsurTechs increased global deal share to 55.74% in 2025, while AI-focused firms captured 66% of funding and led Q4 activity
InsurTech funding rose in 2025 to $5.1 bn as Q4 capped a stronger year
Global InsurTech funding picked up in 2025 after three weak years. Total investment rose 19.5% year on year to $5.1 bn, the first annual gain since 2021
Global reinsurance capital hit $785 bn as competition rises in 2026
Aon said global reinsurance capital reached a record $785bn in 2025, with traditional and alternative capital both climbing as renewal competition increased
Hail and AI are reshaping severe storm risk management
Allianz says severe convective storms are driving heavy insured losses, with hail as a major factor and AI becoming more important in resilience planning
US mortgage insurers posted strong 2025 underwriting results: Fitch
Fitch said US mortgage insurers delivered a 7.7% loss ratio in 2025, helped by reserve releases, stable home values, and continued high policy persistency
KYND flags website tracking lawsuits as a growing cyber claims risk
KYND says privacy lawsuits tied to website tracking are rising fast, with SMBs showing higher exposure and insurers facing a harder-to-detect accumulation risk
Howden Re strengthens LatAm & Caribbean capabilities with two senior appointments
Howden Re announces the appointments of Carlos Garcia as Managing Director and Karina Lopez as Director, further strengthening its Latin America and Caribbean offering
Fitch says private credit transparency in North America is improving slowly
Fitch says private credit disclosure is rising in North America, though the market remains largely opaque, especially around links to the wider financial system
J.C. Flowers backs Niyam and Lloyd’s Syndicate 2047 in India
J.C. Flowers will take a controlling stake in Niyam and lead investment in Syndicate 2047, building a reinsurance platform from GIFT City into India
Geneva Association says cyber insurance must do more for resilience
The Geneva Association says cyber threats are rising faster than many firms can manage, with cyber insurance still underused as a resilience tool, especially among SMEs
Mega M&A deals hit post-2008 high in first quarter of 2026
WTW said 12 mega deals worth $10 bn or more closed in Q1 2026, pushing total completed deal value to a five-year high of $438 bn
Ontario-Quebec ice storm became Canada’s costliest weather loss of 2025
Insured losses from the March 2025 ice storm in Ontario and Quebec reached CAD 466mn, sharpening calls for stronger resilience planning across Canada
AM Best keeps London Market outlook stable as profits ease into 2026
AM Best said the London Market outlook remains stable, though profitability is expected to soften in 2026 as pricing eases and risk pressures build
Acrisure UK adds four businesses to deepen specialist broking reach
Acrisure UK Broking acquired Confidas, Heathwoods, Marrs and Smith Greenfield, expanding its specialist strength in commercial, property and private client insurance
Santam Syndicate 1918 hires Nigel Tatlock to lead property buildout
Santam Syndicate 1918 appointed Nigel Tatlock as Head of Property as it expands its Lloyd’s platform and builds out global property underwriting
Discover how a secondary reinsurance market could improve capital efficiency, lower WACC, boost underwriting flexibility and support more efficient pricing
Global reinsurance pricing fell more than expected at Jan. 1, 2026 renewals, with abundant capital, weak catastrophe support, and easing terms
Reinsurance rates in several lines softened quicker than anyone expected this year, especially in casualty and cyber, yet trading conditions across the Lloyd’s market still look reasonably favorable
Re/insurance industry is showing strong momentum. Fund and Insure domain as the big opportunity—potentially generating $17 tn in gross value by 2035