Now Insurance partners with Hiscox to provide medical malpractice insurance policies

Now Insurance will provide its medical malpractice insurance policies to small business insurer Hiscox as part of a new deal.

Russian InsurTech BestDoctor attracts $26m from Vladimir Potanin-backed VC fund Winter Capital

BestDoctor closed a $26m round led by Winter Capital, a Moscow-based international VC fund backed by billionaire Vladimir Potanin.  Other investors included Swedish investor VNV Global...

Direct Line’s CTO reveals the evolution of insurance

The InsurTech industry might evolve to become more personalised to the individual consumer post-pandemic, according to Direct Line CTO Sarah Greasley.

Pie Insurance secures regulatory approval to acquire Western Select

InsurTech Pie Insurance has revealed it has received regulatory approval from the Illinois Department of Insurance to purchase Western Select Insurance Company.

Sproutt eyes bolstered life insurance offering following $26m Series B raise

Life insurance firm Sproutt has raised $26m from a Series B funding round led by MoreTech Ventures.

Coalition acquires broker platform Attune on back of strong Series E

Cyber insurance company Coalition has snapped up commercial insurance-focused broker platform Attune for an undisclosed fee.

Coterie Insurance closes its second funding round of 2021

Coterie Insurance, which hopes to transform the small business insurance process, has scored $50m in its Series B round.

Locket and Boundary unite to innovate home insurance

InsurTech Locket has partnered with Edinburgh-based smart home security company Boundary to offer customer-centric home protection.

WTW offloads treaty reinsurance brokerage business to Gallagher for $3.25bn

Willis Towers Watson has completed the sale of all its treaty reinsurance brokerage operations to global insurance firm Gallagher.

Allianz teams with Cytora to power digital insurance

Allianz has entered into an agreement with London-based InsurTech Cytora to enhance Allianz’s commercial insurance business with AI-based digital risk processing solutions.

News Stories

HUB Cyber Security signs new deal with European corporation

Israel-based HUB Cyber Security has signed a long-term framework agreement with an unnamed European corporation to provide confidential compute hardware solutions.

What companies need to know about the future of work

With changing working arrangements and new technological innovations, the future of work is fast arriving.

The role of AI and machine learning in the customer experience

The insurance industry has paid lip service to AI and machine learning for some time. However, adoption has been underwhelming. As firms come under intense pressure to meet changing customer demands, could this instigate more rapid AI adoption?

Parametrix Insurance teams up with IMA for cloud downtime insurance

Parametrix Insurance, a provider of parametric cloud downtime insurance, has partnered with IMA Financial Group (IMA), a North American insurance brokerage firm specialising in risk management, insurance, wholesale brokerage and wealth management.

Skyline, Howden, and Munich Re in parametric insurance alliance

Parametric InsurTech Skyline Partners has partnered with Howden and global reinsurer Munich Re to develop a parametric insurance solution designed to protect farmers in Jamaica from extreme weather events.

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