The insurance industry, long perceived as traditional and often bogged down by complex paperwork and delayed claims, is on the cusp of a transformative revolution. This change is being driven by ...
The Birmingham-based Unloq raised £900k to accelerate development of its AI decision intelligence platform. The startup helps businesses combine prediction, governed recommendations and human ...
Economic losses from natural catastrophes in the EU are rising due to increased economic exposure and the growing severity of climate-related disasters. Between 1981 and 2023, NatCat events caused ...
AI-insurtech Honeycomb Insurance has teamed up with Trisura Insurance Company to expand admitted capacity in 18 U.S. states. The agreement positions Honeycomb for broader market reach while ...
UK insurtech platform Incept has entered an underwriting agreement with Fortegra to support its new title insurance solution. Fortegra is a global specialty insurer with an established and growing ...
Insurtech Root reported first-quarter 2026 net income of $35.9 mn, the strongest quarterly result in the company’s history, compared with $18.4 mn during the same period last year. The Columbus, ...
The US International Development Finance Corporation, or DFC, and Chubb said six more American insurers have joined the Maritime Reinsurance plan. The new partners are Travelers, Liberty Mutual, ...
Life insurers’ investment portfolio mix should remain broadly stable, with solid credit quality and core fixed income dominant amid a continued tilt toward private credit and alternative investments, ...
ClaimSorted has closed a $13.3 mn seed round led by Atomico, joined by Eurazeo, Y Combinator, firstminute capital, Start Ventures Capital, and several high-profile industry veterans. The start-up, ...
96% of US households carry no flood insurance, even as flooding ranks among the most frequent and costly natural disasters nationwide. Titan Flood, an AI-enabled flood insurance platform, has launched ...
Lemonade is scaling back its quota share reinsurance from roughly 55% to 20%, a move driven by stronger capital generation and improved underwriting performance, not changes in its risk exposure ...
Insured catastrophe losses in Canada reached a record C$8.5 bn ($5.9 bn) in 2024, nearly tripling the prior year’s total and standing 12 times higher than the annual average of C$701 mn recorded in ...