All articles by Vidhya Edwards Munnangi

Vidhya Edwards Munnangi

SageSure to buy Florida’s Olympus MGA 

The deal is said to enhance SageSure’s market presence with 130,000 in-force policies and $700m in GWP.  

Sompo Group teams up with WTW to deploy Radar technology  

Radar is a pricing and underwriting tool that equips insurers with predictive modelling and ML capabilities.  

Canadian insurer Definity Financial prepares $723m debt sale 

The company is in discussions with investors regarding the issuance, with RBC Capital Markets and TD Securities leading the move. 

EXL and InsureMO unite for insurance sector modernisation

The alliance combines EXL’s insurance industry knowledge and AI proficiency with InsureMO’s cloud-native digital infrastructure. 

DUAL Group partners with KYND to bolster cyber insurance offerings  

The new services offered in Australia and New Zealand will provide brokers and their clients with risk assessment tools.  

MAPFRE invests in climate insurer Blue Marble  

Blue Marble, an insurtech company established in 2015, specialises in parametric insurance products for emerging markets.  

Applied Systems acquires UK insurtech company Cytora  

Cytora’s platform allows for the digitisation of the entire policy life cycle, from initial submission to claims servicing.  

AI-driven insurtech company Pathwork raises $3.5m in seed funding 

The round was led by Costanoa and saw participation from Logos Fund, American Family Ventures and Meridian Ventures, among others.  

JVP rakes in $290m from TPG to step up investment in Earnix

The move is aimed at bolstering the global expansion efforts of Earnix, known for its cloud-native, AI-driven platform.

Phoenix Group posts adjusted operating profit of $612m in H1 2025  

The UK-based insurer is preparing for a corporate rebranding to Standard Life plc by March 2026.