Oklahoma senator files bills targeting insurer profits and rates
An Oklahoma state senator introduced a package of insurance reform bills aimed at addressing rising premium costs across the state
News
Experian brings auto insurance marketplace to ChatGPT users
Experian launched the Experian Insurance Marketplace app inside ChatGPT, extending its insurance comparison platform into a conversational interface used by millions of consumers
NAIC weighs closer review of insurers’ mortgage loan exposure
The National Association of Insurance Commissioners is examining insurers’ expanding exposure to residential mortgage loans, with potential additional scrutiny ahead
US property re/insurance market softens as capital surges and rates fall
US property re/insurance market has shifted decisively into soft territory over the past year. Pricing pressure reflects capital inflows and the absence of major landfalling hurricanes
Insurity expands billing-as-a-service for P&C insurers and MGAs
Insurity announced enhancements to its Billing-as-a-Service platform, stating the outsourced model now delivers a lower total cost than internally managed billing for property and casualty carriers
McLarens appoints Kevin Moran to lead US WTPV claims
McLarens appointed Kevin Moran as Executive General Adjuster and US Team Lead for Malicious Assailant, War, Terrorism & Political Violence within its global Crisis Management practice
Stockholm startup Agaton raises $10 mn seed to scale AI voice analytics for sales
Startup Agaton emerged from stealth with $10 mn in total seed funding to expand its AI-driven voice analysis platform for enterprise sales teams
Flinn raises $20 mn to automate medtech compliance workflows
Vienna-based Flinn secured $20 mn in follow-on funding to expand its AI-driven regulatory and quality automation platform for medtech manufacturers
European regtech Copla raises €6 mn Series A to scale real-time compliance tech
Regtech startup Copla secured €6 mn in Series A funding to expand its real-time compliance infrastructure for regulated financial services
Berlin startup Cognee raised €7.5 mn to build structured memory for AI agents
Berlin startup Cognee secured €7.5 mn to expand its structured memory infrastructure for AI systems and autonomous agents
Healthtech Pontiro secured £357,5k to scale NHS imaging AI infrastructure
Pontiro raised £357,500 in a round led by SFC Capital, with participation from Plug and Play Ventures and the British Business Bank
Zurich startup Rapidata raised $8.5 mn to scale global AI feedback network
Rapidata, a Zurich-based AI infrastructure startup, secured $8.5 mn in seed funding to expand its human feedback infrastructure
Startup Hemi Health raised €4 mn seed to expand migraine care abroad
Frederiksberg-based Hemi Health secured €4 mn in seed financing to expand beyond Denmark, starting with the Netherlands
Proptech Lystio raises €500 k to scale AI real estate search in Austria
Vienna-based Lystio secured €500,000 to expand its AI-native property portal, with capital directed toward refining its search engine and extending AI-driven product features
Startup Syndicate One reaches €22 mn first close for second fund
Belgium tech startup Syndicate One completed the first close of its second fund at €22 mn, exceeding target demand within eight weeks of its initial pitch
Startup World Labs secures $1 bn to scale spatial AI models
World Labs raised $1 bn to advance spatial intelligence systems designed to generate and reason across immersive 3D environments
Fintech Vestwell raised $385 mn Series E to scale US savings tech
Vestwell, a digital savings platform, secured $385 mn in Series E financing, doubling its valuation and reinforcing its standing inside the US savings infrastructure market
Fintech Fluz launched embedded finance platform for software firms
Fintech Fluz entered embedded finance with the launch of Fluz Platform, opening its payments infrastructure to software companies seeking in-product financial services
FlashLabs rolls out FlashAI 2.0 enterprise voice AI
Enterprise voice platform targets latency, speech quality and deployment drag with proprietary stack and human escalation
Riverside closes $200 mn software growth lending fund at hard cap
The Riverside Company has closed its Riverside Acceleration Capital Growth Lending Fund III at $200 mn, reaching its hard cap
Fintech Capitolis to acquire 20 Gates’ U.S. secured financing platform
Capitolis has agreed to acquire the U.S. Secured Financing Platform from 20 Gates Management, expanding its Capital Marketplace footprint in North America
Jump raises $80 mn Series B to expand AI for financial advisors
Jump, a US-based financial services AI company, closed an $80 mn Series B round led by Insight Partners, lifting total funding to $105 mn
Insurtech Kettle, RLI launch wildfire-focused commercial property cover
Kettle has formed a strategic partnership with RLI Corp. to launch a multi-peril commercial property product that includes dedicated wildfire coverage
Ancient Financial to acquire F&G Life Re, launch as Bermuda reinsurer
Ancient Financial has signed a definitive agreement to acquire F&G Life Re from a subsidiary of F&G Annuities & Life
Insurtech Qumis raises $4.3 mn seed to scale attorney-trained coverage AI
Commercial insurance platform backed by MTech Capital, American Family Ventures as total funding reaches $6.75mn
Gradient AI launched ClaimVector for workers’ comp claims benchmarking
Insurtech Gradient AI, a enterprise software provider of artificial intelligence solutions in the insurance industry, has introduced ClaimVector for Workers’ Compensation
Insurtech Policybazaar launches garage-backed motor plan with Watania Takaful
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 acquires Koyeb to build full-stack AI cloud
Mistral AI has agreed to acquire Koyeb, marking its first acquisition and signaling a shift beyond model development into full-stack AI infrastructure
OSS Ventures raised $47.3 mn to scale in-house software startups
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
Startup FYLD raises $41 mn Series B to scale AI for field operations
London-based FYLD, an AI-powered intelligence platform for the infrastructure sector, closed a $41 mn Series B round led by Energy Impact Partners
Startup SurrealDB raised $23 mn, launched v3.0 multi-model AI database
London-based SurrealDB secured a $23 mn extension to its Series A round and released version 3.0 of its multi-model database platform
Spanish Tuio launched first insurer-built AI app approved on ChatGPT
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
Insurtech Concirrus unveils AI-native Inspire underwriting platform
Concirrus has launched Concirrus Inspire, an AI-native underwriting platform built for specialty insurers and MGAs seeking faster decision cycles without loosening risk controls
Insurtech Carpe Data names Glenn Shapiro board chairman
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
Lilypad Insurance adopts ZestyAI roof analytics for coastal underwriting
Insurtech ZestyAI said Lilypad Insurance is implementing its Roof Age and Z-PROPERTY solutions to sharpen property risk assessment
DQPro selects Hartford for US expansion with InsurTech Corridor support
London-based specialty data firm will build US operations in Connecticut, citing access to carriers and regulatory guidance
Comeryx launched AI-native MGA with $7.5 mn backing to automate E&S underwriting
Comeryx has launched as an AI-native managing general agent focused on small business risks and closed a $7.5 mn funding round
AIG takes 35% stake in Convex, 9.9% in Onex in $7 bn tie-up
American International Group, Inc. has completed minority investments in Convex and Onex Corporation as part of a $7bn strategic transaction linking the three groups
Australian Suncorp Group profit slides on A$1.3 bn catastrophe bill
Suncorp Group reported a sharp fall in fiscal first-half earnings after heavy natural catastrophe losses and weaker investment income weighed on results
Talanx completes buyout of Polish insurers Warta and TU Europa stakes
Talanx AG has closed its acquisition of minority stakes in two Polish insurers from Meiji Yasuda Life Insurance Co., ending a strategic cooperation agreement
UK insurers pay £6.1 bn property insurance claims as weather losses climb
Insurers in the United Kingdom paid out £6.1 bn in property claims during 2025, including £1.5 bn in the fourth quarter alone
California moves to tighten insurance rate-review intervenor rules under Prop 103
Ricardo Lara proposes stricter timelines, online disclosures, and revised fee standards for Administrative Hearing Bureau proceedings
House Bill 5608 weighs ban on credit scores in insurance underwriting
House Bill 5608 would bar use of credit history in rating, underwriting, cancellations across personal lines
New York fines Jericho Share $250k for acting as an unlicensed health insurer
New York Regulator says House of Prayer and Life operated as unlicensed health insurer, spent 12.5% of fees on medical claims
Missouri earthquake insurance coverage expands as homeowner take-up falls
Missouri Regulator reports 37% of insurers now write earthquake policies, yet penetration drops to 10.4% statewide
Washington Senate advances wildfire grants and insurance fraud overhaul
Lawmakers approve SB 6079 to fund home hardening and SB 6031 to expand felony fraud definitions and enforcement reach
Health plan sues Cigna over PBM rebates and drug pricing practices
Plumbers Welfare Fund alleges billions in kickbacks, inflated formularies, and rebate routing through Swiss affiliate Ascent Health Services
Michigan bill targets auto application rules and motorcycle insurance claim priority
Senate Bill 782 would end household listing mandates, restrict certain claim denials, and define payment hierarchy in motorcycle accidents
Hiscox Re & ILS rebrands and launches Hiscox Capital Partners
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 launches with $180 mn Barings backing
Pinion Insurance has launched as a specialty carrier backed by a preferred equity commitment of up to $180 mn from Barings
California weighs first smoke damage standards for insurance claims
California lawmakers are reviewing Assembly Bill 1795, a proposal to establish the first statewide standards in the US for smoke damage insurance claims
Insurtech Sixfold raised $30 mn Series B to scale GenAI Underwriter platform
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 raises $2 mn from a16z to automate finance compliance
ZeroDrift has launched with $2m in pre-seed funding led by a16z speedrun, positioning itself as a real-time compliance firewall for regulated industries
Insurtech Wrisk acquires Atto to expand embedded finance and credit intelligence
UK-based insurtech Wrisk has acquired Atto, a real-time financial intelligence platform, as it deepens embedded finance and protection capabilities
Admiral Group to acquire fleet insurtech Flock in £80 mn deal
Admiral Group has agreed to acquire Flock, a UK digital commercial fleet insurtech, in a transaction valuing Flock’s equity at £80 mn
Insurtech mea secured $50 mn from SEP to scale insurance AI platform
AI-native insurtech mea has raised $50 mn in minority growth equity from SEP, marking its first external funding round
Insurtech Lassie raised $75 mn to scale prevention-first pet insurance in Europe
Stockholm-based Lassie has secured $75 mn in Series C funding to expand its prevention-led pet insurance model across Europe
Italian startup Intuos raises €720 k to digitise general aviation fleets
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 in the US drop 6% in 2025 after a 46% surge
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 Senate panel backs rideshare insurance rollback
Florida SB 632 would cut $1 mn rideshare liability during trip acceptance phase, drawing support from Uber and Lyft and pushback from trial lawyers
Flood insurance coverage worth $1.3 tn sits on the edge of expiring, marked as the deadline. Congress hasn’t agreed on an extension
Discover how motor vehicle tort cases added $42.8 bn in excess litigation costs in 2014–2024. Triple-I highlights rising case volumes and the impact on insurance costs
Dynamic trends are influencing the size and complexity of claims around the world. Proactive claims management can help organizations recover swiftly after a loss event and manage potential claims exposures.
Geoeconomic fragmentation makes managing global risks like climate, cyber, and pandemic risks more difficult for insurance and reinsurance sectors