In the insurance industry, effective reserving isn’t simply a back‑office actuarial function; it’s a strategic asset that can improve financial insight, executive confidence and cross‑team collaboration. Yet many companies still struggle with the way reserving teams communicate, analyse, and document their work, which can lead to inefficiencies, misunderstandings and risk. This challenge is the focus of a new white paper...

CrowdStrike and SGNL have entered into a definitive agreement under which CrowdStrike will acquire SGNL. The acquisition is intended to accelerate CrowdStrike’s strategy in next-generation identity security, extending continuous, real-time access decisions for human, non-human (NHI), and AI identities across SaaS applications and hyperscaler cloud environments. The financial terms of the transaction have not been disclosed. CrowdStrike focuses on cloud-delivered cybersecurity,...

Neptune Flood, a US-based private flood insurance provider, focused on delivering technology-driven flood cover nationwide, has announced a strategic partnership with Somers Syndicate 3705. The agreement adds new underwriting capacity to Neptune Flood’s platform, enhancing its ability to support rising demand across the private flood insurance market, according to InsurTech Insights. The partnership reflects sustained growth in private flood insurance as...

Hong Kong’s retail banking sector has completed the full rollout of a new deposit protection feature designed to strengthen defences against financial scams, following a joint announcement from the Hong Kong Monetary Authority (HKMA) and The Hong Kong Association of Banks (HKAB). As of 31 December, all retail banks in the city, including digital-only institutions, have launched the Money Safe...

Fireblocks and TRES Finance have entered into an acquisition agreement that brings the two businesses together to address growing operational and compliance demands across the digital asset sector. The acquisition is aimed at closing a widening gap between onchain activity and traditional financial reporting, as digital asset use cases expand beyond trading into payments, stablecoins and tokenised assets. Fireblocks said the...

InsureVision, a provider of video-based risk intelligence for insurers, focused on applying advanced AI to underwriting and pricing, has announced the launch of two new products designed to help insurers return to profitable underwriting. The company has introduced TeslaStick for personal lines embedded insurance and FleetVision™ for commercial fleet risk assessment, targeting what it describes as a multi-bn dollar challenge...

Cyera, an AI-native data and security platform focused on protecting enterprise data and artificial intelligence systems, has raised $400m.  The company has secured $400m in a Series F funding round led by funds managed by Blackstone, with participation from existing investors Accel, Coatue, Cyberstarts, Georgian, Greenoaks, Lightspeed Venture Partners, Redpoint, Sapphire, Sequoia Capital and Spark. The raise brings Cyera’s total funding...

Blackbird.AI, an AI-driven cybersecurity company focused on protecting organisations and executives from narrative-based attacks, has announced a significant acceleration in its commercial momentum alongside a fresh injection of strategic capital. The company said it has raised $28m in new funding, with participation from Ten Eleven Ventures, Dorilton Ventures and cybersecurity industry leaders Dave DeWalt and Chris Young. The latest round brings...

Kita, a Lloyd’s of London coverholder focused on innovative risk transfer solutions for emerging markets, has expanded its portfolio of carbon insurance products and services with the launch of a new non-payment insurance (NPI) policy aimed at lenders financing carbon and natural capital projects. The new policy has been introduced in response to growing demand for financial structures that can...

Roots, an InsurTech company specialising in artificial intelligence solutions for insurance operations, has announced that its newly validated Accelerator is now available to Guidewire ClaimCenter users on Guidewire Cloud through the Guidewire Marketplace. The launch of the new Accelerator is driven by a persistent challenge facing insurers: the heavy operational burden of manual document handling within claims teams, according to...