Industry
Over a third of UK motor and home insurance customers pay monthly
A GlobalData survey found that monthly payment options play a critical role in maintaining insurance coverage across personal lines, particularly…
Admiral targets commercial fleet growth with £80m acquisition of Flock
More than half of UK small- and medium-sized enterprises (SMEs) lack a usage-based insurance (UBI) motor policy, according to a…
From digital to agentic: How Huawei is building the next generation of banking
In his opening keynote, Jason Cao, CEO of Huawei Digital Finance BU, described how sixteen years of continuous innovation in core technologies, engineering,…
Counterpart raises $50m in Series C round
US insurtech company Counterpart has secured $50m in a Series C funding round to expand its specialty insurance products for…
Low switching rates leave UK motor insurance customers at risk of overpaying
A GlobalData survey indicates that consumer inertia remains a key feature of the UK motor insurance market, with many policyholders…
Cover Genius partners with Tongcheng Travel for insurance rollout
Insurtech company Cover Genius has signed a partnership with Tongcheng Travel to introduce travel insurance options for international travellers, According…
Admiral moves into taxi insurance with broker-led Patons partnership
A GlobalData survey suggests insurance uptake among gig economy taxi drivers is low, with a sizable minority either opting out,…
Covu launches AI-native platform to restructure insurance workflows
US-based insurtech company Covu has launched Covu OS, an AI-native system aimed at restructuring insurance distribution through task-based execution. The…
Insurtech operator Yuzu Health raises $35m in Series A funding
US insurtech company Yuzu Health has secured $35m in Series A funding, taking its total capital raised to $40m. The…
Qover raises $12m, surpasses $100m total funding
Qover has secured $12m growth capital from CIBC Innovation Banking, taking its total funding beyond $100m since launch. The Belgium-based…
