Insurtech

August 7, 2025 @ 6:38 pm By Tony Zerucha  |  

Blue J, a GenAI tax research platform, has raised $122 million in a Series D funding round led by Oak HC/FT and Sapphire Ventures, with participation from Intrepid Growth Partners and previous investors Ten Coves Capital and CPA.com. The nine-figure raise comes seven months after Blue… Read More

August 6, 2025 @ 1:49 am By Omar Faridi  |  

Lemonade, Inc. (NYSE: LMND), the digital insurance company leveraging artificial intelligence and a social impact mission, released its second quarter 2025 financial results on August 5, 2025, showcasing its ongoing efforts to enhance the traditional insurance industry. The results, detailed in the company’s Q2 2025… Read More

August 5, 2025 @ 8:28 am By Tony Zerucha  |  

iCover Direct, a consumer-facing life insurance platform powered by a proprietary AI underwriting engine, released results of a survey showing that 65.3% of consumers say AI-driven personalization would “greatly” or “moderately” increase their interest in purchasing life insurance, while 65.1% said they are “extremely” or… Read More

July 28, 2025 @ 12:21 pm By JD Alois  |  

London-based DynaRisk has raised $4.7 million in a funding round led by YFM Equity Partners. DynaRisk is a “cyber intelligence SaaS provider” supporting insurers to identify, monitor, and reduce policyholder cyber risk Founded in 2016, the company was created by CEO Andrew Martin, who is… Read More

July 28, 2025 @ 10:51 am By Omar Faridi  |  

Mosaic Insurance has entered the digital asset market, launching a cyber and financial institutions (FI) crime product that provides protection to the sector. The product suite offers “stand-alone or blended coverage across cyber, technology errors and omissions (E&O), and crime—tailored to complex, evolving risks faced… Read More

July 24, 2025 @ 10:09 am By Omar Faridi  |  

The insurance industry faces significant challenges in managing systemic cyber risks. CyberCube, a firm specializing in cyber risk analytics, and Munich Re, a global reinsurance company, have made strides in addressing these challenges through a joint study on systemic cyber risks and the release of… Read More

July 22, 2025 @ 11:18 pm By Michael Wong  |  

Sun Life Hong Kong said on Friday it will invest up to $70 million in Bowtie Life Insurance, Hong Kong’s first virtual insurer, to accelerate its growth and strengthen its position in medical insurance and preventive healthcare. The fresh capital injection reinforces Sun Life’s long-standing… Read More

July 17, 2025 @ 8:49 am By Omar Faridi  |  

CyberCube, a cyber risk modeling and analytics business, has released the latest version of Portfolio Manager, its catastrophe model that empowers portfolio-level insights. CyberCube’s advanced analytics are said to be used by 75% of the top 40 US and European cyber insurance carriers. For this… Read More

July 12, 2025 @ 6:47 am By Tony Zerucha  |  

Relm Insurance, an insurer for emerging and innovative industries, this week announced the launch of OMEGAFINTECH and NOVAFINTECH. The two offerings are designed to eliminate coverage gaps within streamlined policies built for today’s financial innovators. Modern Fintechs face growing risks, from cyberattacks to regulatory scrutiny,… Read More

July 9, 2025 @ 5:29 pm By Omar Faridi  |  

Cowbell, a provider of cyber insurance for small and medium-sized enterprises (SMEs) and middle-market businesses, announced the launch of Cowbell COMPaaSSM (Compliance-as-a-Service), a new offering tailored for startups, growth-stage companies, and service providers handling sensitive customer data. Designed to support organizations pursuing SOC 2 compliance… Read More

July 9, 2025 @ 5:18 am By Omar Faridi  |  

wefox has reportedly secured funding of €151 million. This consisted of a €76 million capital raise “primarily from its existing investor base as well as refinancing of an existing credit facility with €75 million from Searchlight Capital Partners’ credit fund, Searchlight Opportunities Fund II.” The… Read More

July 8, 2025 @ 2:11 pm By Omar Faridi  |  

As Lemonade, Inc. (NYSE: LMND) marks its tenth year of operations, the Insurtech, boosted by artificial intelligence (AI) and a commitment to social impact, reflects on its journey from a startup to a publicly traded leader in the insurtech space. Additionally, the company has announced… Read More

July 6, 2025 @ 1:47 am By Omar Faridi  |  

In a recent update shared by Insurtech Akur8, Davide Burlon, the company’s Chief Product Officer, shared key insights on the evolving landscape of insurance pricing and reserving. As an executive at Akur8, an insurtech platform enhancing actuarial processes through transparent AI and machine learning, Burlon’s… Read More

June 27, 2025 @ 8:40 am By Omar Faridi  |  

Cowbell, a provider of cyber insurance for small to medium-sized enterprises (SMEs) and middle-market businesses, announced a major expansion of its product portfolio to include a comprehensive multi-line insurance offering from Zurich North America (Zurich) within the United States. Building on its established success in… Read More

June 26, 2025 @ 7:32 pm By JD Alois  |  

Assurely, a crowdfunding insurance provider, has been acquired by Equal Parts Insurance. Assurely was co-founded by CEO David Carpentier and Chief Insurance Officer Ty Sagalow, who was part of the founding team at Lemonade, a publicly traded Insurtech. Their TigerMark product sought to provide coverage… Read More

June 24, 2025 @ 11:29 am By Omar Faridi  |  

Akur8, the insurance pricing and reserving solution powered by transparent machine learning, is pleased to announce the appointment of Dino Draghi as Head of Brazil, doubling down on its strategic commitment to the country. Based in São Paulo, Dino will lead Akur8’s local operations, “with… Read More

June 22, 2025 @ 5:15 pm By Omar Faridi  |  

A new global study from Ortec Finance among insurance investment managers shows an increased appetite for private assets on the back of an expected rise in capital to invest in the year ahead. More than three quarters of insurers and insurance asset managers say an… Read More

June 21, 2025 @ 11:11 am By Omar Faridi  |  

Akur8, the insurance pricing and reserving solution powered by transparent machine learning, is announcing that Indiana Farm Bureau Insurance, a provider of property and casualty insurance in Indiana, has chosen Akur8’s Core Platform to accelerate “model development and build transparent, explainable pricing models.” Developed for… Read More

June 18, 2025 @ 8:22 am By Omar Faridi  |  

Cowbell, a provider of cyber insurance for small and medium-sized enterprises (SMEs) and middle-market businesses, has announced the appointment of Kirsten Maley “as Director of Claims, UK; a newly created role underscoring Cowbell’s commitment to scaling its presence in a growing UK market.” With more… Read More

June 17, 2025 @ 6:25 pm By Omar Faridi  |  

Kin, the direct-to-consumer, digital home insurance provider, today announced its expansion into Colorado. Kin brings Colorado homeowners a new home insurance option that combines technology and data with personalized service to deliver accessible, affordable protection. This growth into the Colorado market furthers Kin’s mission to… Read More