InsurTech provider Peak3 secures $35m in Series A led by EQT
InsurTech provider Peak3, formerly known as ZA Tech, has raised $35m in a Series A funding round led by EQT, with participation from Alpha JWC Ventures.
Sentry expands into marine cargo through Falvey Insurance partnership
Sentry Insurance, a leading mutual insurance group, has partnered with Falvey Insurance to offer admitted and non-admitted cargo capacity to Falvey’s broker partners.
Bowhead Specialty partners with Kalepa to enhance underwriting with AI
Bowhead Specialty, a provider of casualty and professional liability products, has announced its deployment of Kalepa’s Copilot underwriting platform to utilise its advanced AI for improved risk selection and optimal customer experience.
Optalitix partners with Pool Re to develop claims management system
InsurTech specialist Optalitix has announced a partnership with Pool Re, the UK's largest terrorism reinsurer, to develop a comprehensive treaty and claims management system.
Tego partners with Five Sigma to enhance claims management with AI-driven platform
Tego, a specialist medical malpractice underwriter serving the Australian healthcare industry, has chosen Five Sigma’s AI-native claims management platform to modernise and streamline its claims management processes.
Cytora unveils Risk Flow Academy for insurance professionals
Cytora, has introduced the Risk Flow Academy, a pioneering digital learning platform designed for commercial insurance professionals. This free resource is the first of its kind to offer comprehensive training in digital risk processing, setting a new standard for the industry.
FWD Group pens five-year agreement with AWS to drive innovation
FWD Group, a leading insurance provider, has announced a five-year agreement for technology services with Amazon Web Services (AWS) as part of its cloud-first strategy.
InsurTech unicorn Wefox faces insolvency risk according to reports
Wefox, an InsurTech unicorn, has issued a stark warning to its investors regarding potential insolvency looming over the company.
Assurant launches insurance tech support product
Assurant has announced the launch of a new solution designed to address the growing need for specialised tech support solutions tailored for residents in multifamily housing complexes.
INSTANDA and UnderwriteMe partner to revolutionise life insurance with no-code tech
INSTANDA, a leading global provider of SaaS platform technology for life insurance distribution and policy administration, has announced an integration with UnderwriteMe, a comprehensive SaaS underwriting platform provider for the life insurance industry.