All the headlines from our InsurTech Topic Page, ordered by recency.
Feb 1 2022 // Greenlight Re Innovations (GRI), part of Cayman Islands-headquartered Greenlight Capital Re Ltd., has received “in-principle” approval from Lloyd’s to establish an insurtech-focused syndicate.Syndicate...
Jan 31 2022 // Insurers are getting a larger share of suspicious claim referrals from fraud-detection technology and are increasingly using artificial intelligence to sift through data, according to a new study by the Coalition Against...
Jan 31 2022 // Descartes Underwriting, the insurtech company that specializes in parametric natural catastrophe products, has announced a $120 million Series B funding round.Growth equity firm Highland Europe is leading the capital-raise...
Jan 28 2022 // InsurTech Accelerant raised more than $190 million at a $2 billion pre-money valuation in its latest funding round.Atlanta-based Accelerant serves a network of managing general underwriters (MGU) and program administrators...
Jan 28 2022 // Insurtech MIC Global has received “in-principle” approval from Lloyd’s for the creation of MIC Global Insurance Syndicate 5183.UK-based MIC Global provides end-to-end digital micro insurance products,...
Jan 28 2022 // Bolttech, an insurance technology unicorn backed by Hong Kong billionaire Richard Li, is considering raising $200 million to $300 million in fresh funds this year, according to people familiar with the matter.The...
Jan 26 2022 // This post is part of a series sponsored by CoreLogic.Over the past year, online client demand has maintained a steep upward climb. Due to the pandemic, cloud and integrated technology capabilities have been expanded to...
Jan 25 2022 // Great American Insurance and Assurely Offer D&O to Startup FirmsThe Executive Liability division of Great American Insurance Group and the insurtech, Assurely, announced an agreement to offer directors and officers...
Jan 24 2022 // Technology company Root Inc., the Columbus, Ohio-based parent company of Root Insurance, announced yesterday that it has laid off approximately 330 team members throughout its business.Co-Founder and CEO Alex Timm in an...
Jan 21 2022 // American Financial Group (AFG) recently acquired Verikai Inc., a machine learning and artificial intelligence company that utilizes a predictive risk tool for assessing insurance risk.AFG said it paid approximately $120...
Jan 21 2022 // This edition of International People Moves details appointments at Generali Global Corporate & Commercial (GC&C), Gallagher Re and Chubb.A summary of these new hires follows here. Muñiz Named GC&C’s Head...
Jan 21 2022 // Two nonprofit bodies, Consumer Reports and the Insurance Institute for Highway Safety (IIHS), said separately on Thursday they are reviewing safeguards put in place by automakers for vehicles with partial automation.The...
Jan 20 2022 // Insurtech Reask, an Australian science and technology company that focuses on natural hazard modeling, announced it has closed its seed funding round, led by Tencent, the global technology giant headquartered in China.The...
Jan 20 2022 // Commercial motor insurer Zego announced a European expansion plan by launching in the Netherlands and ramping up operations in France, while aiming to identify other target territories during 2022.The company, which became...
Jan 19 2022 // Digital insurance provider Honeycomb announced it has raised $15.4 million in a Series A funding and plans to expand into more states.The reinsurance-backed managing general agent (MGA) touts a technology stack for...
Jan 13 2022 // KYND, the London-based provider of cyber risk management solutions for the insurance industry, announced a £3.25 million ($4.4 million) investment from BGF, a growth capital investor.The insurtech will use the investment...
Jan 12 2022 // Daniele Presutti, Accenture’s Insurance lead in Europe, and Silvia Milián, Accenture’s Insurance lead for strategy and consulting in Iberia discuss how the submissions to 2021’s Efma-Accenture Innovation...
Jan 11 2022 // Israeli cyber-security firm Pentera has raised $150 million in its latest funding round, taking the company’s value to $1 billion, the company told Reuters, adding it was eyeing an initial public offering in the...
Jan 4 2022 // Corvus Insurance, the Boston-based, cyber-focused managing general agent, announced it has acquired Tarian Underwriting Ltd. from Beat Capital Partners Ltd.Tarian operates a cyber underwriting platform that provides cyber...
Dec 30 2021 // The Executive Liability Division of Great American Insurance Group and the Austin, Texas-based insurtech, Assurely will offer Directors and Officers Liability (D&O) insurance to private companies raising capital via...