Technology

Embedded insurtech Companjon partners with bunq

Irish insurance technology firm Companjon, which specialises in data-powered embedded insurance, has partnered with European neo bank bunq. As part of the…

Verisk taps AI-powered insurtech Tractable for enhanced claims processing

US-based data analytics provider Verisk is joining forces with applied artificial intelligence (AI) company Tractable to expand its insurance claims ecosystem. Verisk plans…

Apollo partners with Moonrock to offer drone insurance

Apollo, a London-based independent speciality re/insurance firm, has teamed up with Moonrock Drone Insurance to start a new insurance facility. The…

Everest Insurance expands into Spanish market 

Everest Insurance, a unit of Everest Re Group, has secured regulatory nod to commence operations in Spain.  The Spanish business, trading as Everest…

Zurich leads BOXX Insurance’s $14m Series B round

Canadian cyber insurtech BOXX Insurance has raised $14.4m in a Series B investment round led by Zurich Insurance Company.  The latest raise takes…

Coalition launches new cyber insurance carrier

US-based cyber insurance provider Coalition has launched a new active cyber insurance carrier, called Coalition Insurance Company (CIC). For Coalition, the…

Microsoft announces multi-billion-dollar investment in OpenAI, whose technology can benefit the insurance industry

Microsoft has announced a multi-year, multi-billion-dollar investment into OpenAI, which developed the powerful language processing tool ChatGPT. Artificial intelligence (AI)…

Länsförsäkringar commences roll out of Ondo’s LeakBot in Sweden

Swedish insurer Länsförsäkringar has started offering LeakBot service to policyholders across its regional operations following a pilot in the Södermanland region. LeakBot,…

Digital insurer iptiQ and Candid team up to offer life insurance

Swiss Re-backed digital insurer iptiQ and insurtech firm Candid have teamed up to offer life insurance solutions to customers in the UK.…

Easy Digital secures seed funding to digitally transform insurers

Thailand-based insurance technology startup Easy Digital has raised $850,000 in a seed funding round led by Wavemaker Partners, reported DealStreetAsia.  The…