Infrastructure/Back-end

Canopy Connect, a leading platform dedicated to collecting, verifying, and monitoring insurance data, is elated to announce a successful $6.5m Series A funding round.

In today's fast-paced digital landscape, streamlining insurance processes is a top priority for both insurers and insureds. One significant aspect of this transformation is simplifying document submissions. Allowing insureds to scan and submit documents online via a web portal not only saves valuable time but also increases automatic processing rates. Scanbot SDK explores the implementation of this feature using a Web SDK (Software Development Kit) for document scanning.

Hampden Risk Partners (HRP), a prominent Lloyd's syndicate, is making waves in the underwriting world. Optalitix, an esteemed InsurTech firm, stands out for its advanced data analytics solutions.

Veruna, the pioneering agency management system developed natively on Salesforce's eminent CRM platform, has unveiled a triumphant Series B fundraising round.

Accelerant, a data-driven risk exchange, has expanded its presence into the Canadian market by acquiring Omega Insurance Holdings, Inc. from Till Capital Ltd.

The InsurTech sector for commercial insurance carriers has not evolved as quickly as expected, according to Joe Lettween, chief innovation, data science, and technology...

NMI, a leading full commerce enablement technology company, has acquired Sphere's Commercial Division, to strengthen their underwriting and risk management capabilities.

Matic, a foremost embedded InsurTech platform, recently publicised a $20m fundraising as an extension to its Series B round.

Global insurance and reinsurance giant, Aon, has made significant leadership appointments in its Reinsurance Solutions business for the Brazil and Peru markets.

WTW has unveiled Verita CSG, Inc., a Managing General Underwriting (MGU) company that is tailored specifically for customised insurance solutions.