Consumer Platforms

InsurancePadosi, an Indian InsurTech startup, has successfully closed a $500,000 pre-seed funding round, led by the global early-stage venture capital firm Antler.

Root Insurance has announced a partnership with Goosehead Insurance in a bid to redefine the insurance agent experience through integration of advanced technology.

Omio, a global platform for booking trains, planes, buses, and ferries, has partnered with Companjon to expand its Omio Flex offering.

SageSure, one of the largest managing general underwriters (MGU) focused on catastrophe-exposed markets, has announced a new partnership with Markel to introduce new capacity to its Expanded Markets program.

Ushur, a leader in AI-powered customer experience automation (CXA), has announced the launch of its new solution, UshurX, which is designed to streamline time-intensive tasks during clinical trials.

Chubb, a leading global insurance provider, has launched a new product to cater to high-net-worth individuals in Switzerland.

Carpe Data, a leading provider of predictive data for the insurance industry, has announced a partnership with EverPeak Insurance, a new workers’ compensation solution created by Pinnacol Assurance.

As H2 of 2024 is now fully upon us, the InsurTech sector is set to face new tests and set its sights on new opportunities. With regulatory tests on the horizon, and a notable shift towards digital solutions looking set to take the sector by storm, H2 looks set to be seismic for the space. 

Skyline Insurance, a personal lines-focused insurance agency, has partnered with EZLynx, a provider of an all-in-one agency management system, to modernise its business operations.

The Financial Conduct Authority (FCA), the UK’s regulatory body for financial markets, has flagged issues with information sharing between insurers and brokers, raising concerns over the identification of target markets.