Tagged: insurance

January 22, 2026 @ 10:18 am By Omar Faridi  |  

Lemonade Inc. (NYSE: LMND), the digital insurer focused on AI and social good, has introduced its Autonomous Car Insurance product. Announced on January 21, 2026, this offering targets self-driving vehicles, kicking off with Tesla’s Full Self-Driving (FSD) system. The highlight of all this is a… Read More

January 14, 2026 @ 8:30 pm By Omar Faridi  |  

In a move to overhaul the $500 billion insurance brokerage industry, New York-based startup WithCoverage has secured $42 million in Series B funding. The round was co-led by experienced investors Sequoia Capital and Khosla Ventures, marking the first collaboration between Sequoia’s Roelof Botha and Khosla’s… Read More

January 11, 2026 @ 3:10 pm By Omar Faridi  |  

Akur8, a provider of insurance pricing and reserving solutions, announced its acquisition of Matrisk AI. This latest move integrates powerful filings search and market intelligence capabilities into Akur8’s AI-driven platform, empowering insurers with deeper regulatory various insights and competitive advantages. Akur8 has established itself as… Read More

December 28, 2025 @ 2:18 pm By Omar Faridi  |  

CB Insights has noted in a recent research report that the insurance industry is consolidating, and agencies need a proper technology stack. Insurance M&A activity surged 50% from 2018 to 2022, and has “held steady since.” CB Insights also mentioned that deals like WTW‘s recent… Read More

December 4, 2025 @ 10:21 pm By Omar Faridi  |  

Ransomware is now said to be growing beyond more traditional hotspots and in emerging economies, including Latin America, the Middle East, Asia, other regions, according to CyberCube’s research. The report, titled “Applying Analytics and Threat Intelligence to Grow in a Soft Market”, states these trends… Read More

November 21, 2025 @ 3:40 pm By Tony Zerucha  |  

Modern Life, an AI-powered life insurance brokerage, has raised $20 million in Series A funding led by Thrive Capital, with participation from New York Life Ventures, Northwestern Mutual Future Ventures, and Allegis. Total funds raised sit at $35 million “Life insurance remains one of the biggest… Read More

November 18, 2025 @ 5:46 pm By Omar Faridi  |  

CyberCube, the provider of cyber risk analytics for the insurance industry, has entered into a Strategic Technology Ecosystem Partnership with Envoy Insure, a digital distribution platform for insurance brokers. This integration will embed CyberCube’s analytics into brokers’ workflow, allowing for real-time cyber risk insights during… Read More

November 12, 2025 @ 10:06 pm By Omar Faridi  |  

Hexaware Technologies (NSE: HEXT), an international provider of IT solutions and services, announced the launch of new insurance solutions developed exclusively for Google Cloud. The offerings strengthen Hexaware’s collaboration with Google and reflect a focus on accelerating digital transformation via automation, AI, and scalable cloud-native… Read More

November 11, 2025 @ 3:43 pm By Omar Faridi  |  

Insurtech dealmaking is now said to be consolidating, reportedly marked by relatively fewer investors and startups in recent quarters. This, according to an update from CB Insights which noted that overall insurtech funding has plateaued or flattened over the past 12 quarters, including $1.0B in… Read More

November 7, 2025 @ 5:56 pm By Omar Faridi  |  

Cowbell, a provider of adaptive cyber and specialty insurance solutions for global small and mid-market organizations, recently announced the launch of its updated brand identity. The initiative seemingly reflects Cowbell’s ongoing evolution, from enabling Adaptive Cyber Insurance to becoming a digital protection partner in commercial… Read More

November 5, 2025 @ 3:37 pm By Omar Faridi  |  

Insurtech firm Lemonade (NYSE: LMND) beat earnings expectations for the Q3 2025 period. The insurance technology company is reporting a revenue of $194.5 million along with a loss per share of $0.51, which has exceeded analyst estimates. The firm also raised its full-year revenue guidance,… Read More

November 4, 2025 @ 11:12 pm By Omar Faridi  |  

CyberCube, the provider of cyber risk analytics for the insurance industry, is pleased to announce its expansion across Asia with a recent partnership in the Philippines. The Insurtech firm said it has signed a deal for its Broking Manager solution with Lacson & Lacson Insurance… Read More

October 31, 2025 @ 4:09 am By Omar Faridi  |  

Akur8, the insurance pricing and reserving solution powered by transparent machine learning, announced recently that Branch, an insurance company that uses data, tech, and automation to make bundling home and auto insurance easier, implemented its pricing solution to bring speed, consistency, and transparency to actuarial… Read More

October 26, 2025 @ 9:43 pm By Omar Faridi  |  

The insurance sector is said to be undergoing a significant transformation. KPMG Ireland noted that as market dynamics continue to shift and new challenges present themselves, insurance industry professionals are under mounting pressure to improve agility, boost operational efficiency, and provide considerable cost reductions. KPMG… Read More

October 24, 2025 @ 6:25 pm By Omar Faridi  |  

Cowbell, a provider of adaptive cyber and specialty insurance solutions for small and mid-market risks, announced it has strengthened its market position and operational capabilities by appointing Jessica Klipphahn as Head of North America Mid-Market and Stephanie Hewerdine as Director of Claims. Jessica Klipphahn brings… Read More

October 19, 2025 @ 4:09 pm By Omar Faridi  |  

CB Insights has released the latest Insurtech 50 list of the world’s most promising or high-potential insurtech startups. The companies that have been selected are said to have a success probability among the international top 3% of private firms, indicated by a median CB Insights’… Read More

October 12, 2025 @ 4:20 pm By Tony Zerucha  |  

Waterlily, which uses AI to predict long-term care (LTC) needs up to decades before they happen, announced today the launch of Quote-and-Apply. This new offering is said to utilize AI and computation across hundreds of thousands of insurance policy configurations to identify the mathematically optimal… Read More

October 7, 2025 @ 11:24 pm By Omar Faridi  |  

Meanwhile announced it raised $82 million in additional capital to meet demand from individuals seeking to protect their families and financial institutions seeking to offer bitcoin-linked savings, retirement, and life insurance products to clients. This is still a somewhat experimental area of digital assets and… Read More

September 30, 2025 @ 2:24 am By Omar Faridi  |  

wefox Holding AG announced the appointment of Dieter Bartl as its new Group Chief Financial Officer effective 1 October 2025. This update comes after the company reported new funding earlier this year, and after selling its Italian business operations (claiming it was part of restructuring)…. Read More

September 28, 2025 @ 12:28 pm By Omar Faridi  |  

In the ever-evolving environment of cyber threats, the insurance industry is grappling with a major challenge – which is handling explosive growth in cyber insurance premiums alongside heightened exposure to catastrophic losses. Reinsurers and insurers are turning to advanced analytics to fortify their portfolios against… Read More