Consumer Platforms

Zywave, a leading provider of SaaS InsurTech solutions for sales management and client delivery enablement, has announced a new CEO and a new CFO as part of a widespread leadership change.

Roots Automation, a leading provider of AI-powered solutions for the insurance industry, has announced the successful close of a $22.2m Series B funding round.

Sun Life US, a leading provider of insurance and employee benefits, has launched an enhanced claims integration system.

Ryan Specialty, a leading international specialty insurance firm, has announced that London-based underwriter Tom Daniels has joined LifeScienceRisk as managing director of LifeScienceRisk International.

On July 19, 2024, cybersecurity giant CrowdStrike issued a routine software update. However, this time things went terribly wrong. The update, which was meant to enhance security, ended up causing major disruptions across industries worldwide. The faulty software quickly wreaked havoc on IT systems reliant on Microsoft's operating system, with insurance firm Parametrix estimating $5.4bn in damages were done to Fortune 500 companies alone. Jeff Heine, Chief Revenue Officer of Novidea delved into why this calamity underscores the need for modern, sophisticated insurance management systems.

Optalitix, a specialist in insurance and finance software, has raised $3m in a follow-on fundraising round led by its existing investor, Calculus Capital.

Aspen, a global specialty insurer and reinsurer, has announced an expansion of its partnership with Coalition, a leading Active Insurance provider, through the launch of Coalition Re.

Cogitate, a cloud-native provider of core policy, billing, and claims applications for the insurance sector, has partnered with One Inc to simplify the payment process for insurers and their policyholders.

Korint, a rising InsurTech company, has secured €5m in a funding round to boost the rate of digital transformation within the insurance industry.

Insurity has partnered with Gain Life to become the first major claims system to offer a fully integrated claims communication platform.