Category : Insurtech (Insure Tech)

Arbol transacts $170m in GWP in 2022

Arbol, a global climate risk solutions platform, has reportedly transacted $170m in gross written premium (GWP) in 2022, marking significant growth and traction for the Arbol platform as it more than doubled its 2021 GWP of $70m. The InsurTech platfo...

Swiss Re’s iptiQ and Candid announce partnership

UK-based insurtech Candid and Swiss Re’s iptiQ have entered into a distribution partnership to provide affordable and accessible life insurance solutions to UK customers. This strategic partnership harnesses Candid’s leading position in distrib...

reThought Insurance completes $10.5m funding round

Technology-centric flood MGA, reThought Insurance has raised $10.5 million in a Series B funding round, which closely follows a successful $15.5 million round last summer. According to the announcement, the capital expansion will be used to extend th...

Insurtech Betterview raises new funding round

Betterview, an insurtech company that allows insurers to identify and manage real property risk, has announced it has completed a new round of funding of undisclosed amount. Backers included existing investors EMC Insurance, Guidewire Software, Natio...

MIS launches hail within its GEO tech platform

InsurTech McKenzie Intelligence Services (MIS), has launched a U.S. market-first product aimed to accelerate incident and claims responses following hailstorm events. With the addition of hail to the Global Events Observer (GEO), insurers and loss aj...

Biba manifesto 2023 - cost-of-living crisis in depth

The British Insurance Brokers' Association has focused in on the role brokers can play to help the UK tackle the current cost-of-living pressures, as it launched its 2023 manifesto.

FutureProof appoints Ram Keralapura as Chief Technology Officer

FutureProof, a climate-focused MGA, has appointed Dr. Ram Keralapura as its new Chief Technology Officer. Dr. Keralapura brings nearly two decades of engineering, data science and leadership experience towards the role. Additionally, he also brings a...

RSA makes senior additions to CIO leadership team

RSA Insurance has announced the additions of Sally Ng and Katie Hermans to it CIO leadership team as Specialty & Commercial Delivery Director and as Head of Technology Risk Management, respectively. Ng will be responsible for driving the technolo...

Insurtech Joyn Insurance gets $17.7m in Series A funding round

Insurtech company Joyn Insurance has announced it exceeded its target with a $17.7 million Series A funding round led by OMERS Ventures, with participation from SiriusPoint, ManchesterStory, Cohen Circle, Avanta Ventures and several other private inv...

Parametric flood insurer, FloodFlash launches in the US

Parametric flood insurer FloodFlash has announced that it has entered into the US insurance market. After a devastating hurricane season in the US, policyholders have been waiting weeks, and in some cases, months, to receive claims to be able to rebu...

Prudential Singapore Gets Green Light From MAS for New Financial Advisory Arm

Prudential Singapore announced that it has received approval from the Monetary Authority of Singapore (MAS) to set up a new financial advisory firm. The company said in a statement that the new firm will offer a wider range of products and services t...

Treefrog partners with Gustavo Loret de Mola for launch of virtual CTO offering

Bermuda-based Treefrog Consulting, a software development company delivering technology solutions to clients in the international (re)insurance and ILS space, has announced a new partnership with an insurance technology veteran, Gustavo Loret de Mola...

Superscript gets £45m in Series B funding round

London-based insurtech Superscript has announced the completion of its £45 million ($54m) Series B funding round led by existing investor BHL UK with participation from a new investor, The Hartford. According to Superscript, the funding will be used...

AIA’s Amplify Health Acquires AI Startup AiDA Technologies

Amplify Health, a healthtech joint venture between AIA Group and Discovery Group, has acquired Singapore-based AI solutions provider AiDA Technologies. AiDA was founded in 2016 by Dr Tan Geok Leng, Dr Shonali Krishnaswamy, and a team of data scientis...

Thomas Carroll launches insurtech start-up TCi Futures

Thomas Carroll Insurance Brokers has launched a new insurtech company, TCi Futures.