Commercial/Enterprise Insurance

Chaucer, a leading insurance underwriting group, has introduced parametric cover to address weather-driven business interruption losses.

Chaucer introduces parametric cover for weather-driven business interruption losses

Chaucer, a leading insurance underwriting group, has introduced parametric cover to address weather-driven business interruption losses.

Frontier Risk raises $3m from Snoop Dogg-backed firm in seed round

Frontier Risk, a digital broker dedicated to the cannabis sector, announced that it has secured $3m in its seed funding round led by led by Snoop Dogg’s Casa Verde.
Bolttech, an international InsurTech, has announced its expansion into the Middle East with the launch of its partnership with stc Group.

bolttech to expand into the Middle East through stc Group partnership

Bolttech, an international InsurTech, has announced its expansion into the Middle East with the launch of its partnership with stc Group.
KYND launches cyber risk management tools for MSPs

KYND launches cyber risk management tools for MSPs

Cyber risk technology developer KYND has released the next generation of its cyber risk management for the managed service providers (MSP) sector.

Navigating extremes: The role of customer experience in a changing climate

We've been living through periods of extreme conditions for the past few years, with global pandemics, wildfires, flooding, ice storms, and the looming possibility of international conflict becoming alarmingly frequent. While we could easily brush these years off as a statistical anomaly, data analysis presents a starkly different narrative. It suggests that we are transitioning towards accepting these extremes as our new reality.
InsurTech innovator CarbonPool secures $12m to fortify carbon credit markets

InsurTech innovator CarbonPool secures $12m to fortify carbon credit markets

CarbonPool, a trailblazing company at the intersection of insurance technology and environmental sustainability, has successfully completed a funding round, raising a significant CHF 10.5 million ($12m).
Scription pivots from hourly repairs to insured subscriptions with fresh $2.5m funding

Scription pivots from hourly repairs to insured subscriptions with fresh $2.5m funding

Scription, an "Alberta-based InsurTech company", has successfully wrapped up its recent funding round, pulling in a substantial $2.5m.
SquareDash secures over $20m to transform payment processes for US contractors

SquareDash secures over $20m to transform payment processes for US contractors

SquareDash, a pioneering payment advance platform dedicated to the property insurance restoration industry, has successfully secured a significant investment to fuel its growth.
Scandinavian insurance giant Tryg has unveiled a series of strategic and structural modifications, including the consolidation of two key business lines and a significant workforce reduction.

Tryg announces strategic restructuring and leadership changes

Scandinavian insurance giant Tryg has unveiled a series of strategic and structural modifications, including the consolidation of two key business lines and a significant workforce reduction.
Investors flocked to back European InsurTech companies in 2023, with a total of 331 individual backers supporting the sector.

Over 300 investors backed European InsurTechs in 2023

Investors flocked to back European InsurTech companies in 2023, with a total of 331 individual backers supporting the sector.

News Stories

How the world's top banks and insurers are adopting GenAI tools

How the world’s top banks and insurers are adopting GenAI tools

In recent years, the integration of generative artificial intelligence (GenAI) tools within the financial sector has seen remarkable growth. A study conducted by ORX, a leading operational risk association, reveals that 75% of the world’s major banks and insurers are now utilizing external GenAI applications in their operations.
UK-based PeppercornAI bags £3.25m for AI-driven insurance solutions

UK-based PeppercornAI bags £3.25m for AI-driven insurance solutions

PeppercornAI, an InsurTech specialising in conversational artificial intelligence, has successfully raised £3.25m.
Encompass Corporation welcomes Stuart Barnard as new CFO

Encompass Corporation welcomes Stuart Barnard as new CFO

Encompass Corporation, a pioneer in Corporate Digital Identity (CDI), has recently announced the appointment of Stuart Barnard as its first Chief Financial Officer (CFO).
Unlocking the power of KYC Portal CLM in modern due diligence

Unlocking the power of KYC Portal CLM in modern due diligence

In the complex world of finance, due diligence is essential for protecting a company’s reputation and financial well-being. As customer demands for convenience increase and regulatory scrutiny intensifies, finding a balance is more important than ever. The solution lies in an innovative tool—KYC Portal Customer Lifecycle Management (CLM). The RegTech company recently compiled a guide on its role in enhancing due diligence processes.
Apax Digital Funds backs IANS Research with new investment to boost InfoSec services

Apax Digital Funds backs IANS Research with new investment to boost InfoSec services

IANS Research, a leading provider of independent research and advisory services for the information security industry, has just secured a significant investment from Apax Digital Fund II. 

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