IPSI reports first revenue from Astria insurance platform

Innovative Payment Solutions, Inc. that its wholly owned subsidiary, Astria Insurance Solutions Inc., has reached a key milestone with the generation of its first revenue under its previously announced Marketing & Services Agreement (“MSA”). Following the successful launch of AIS’s insurance marketing platform and services earlier in March 2026, the Company confirms that initial sales have been completed and revenue has been generated. AIS is now expecting to receive its first Software as a Service...

Qover marks 10 years with $12M in growth funding from CIBC

Qover, the European leader in embedded insurance orchestration, marks its 10th anniversary with a significant milestone: the extension of a $12 million growth capital facility from CIBC Innovation Banking bringing total funding raised since inception to over $100 million reinforcing investor confidence in the company’s trajectory and its AI-driven vision for the next decade of insurance infrastructure. Founded in 2016 by Quentin Colmant and Jean-Charles Velge, Qover set out with a clear ambition: make insurance simple,...

MyChoice Named to Guidewire Insurtech Vanguards Program

MyChoice, a Canadian insurtech improving submission quality and underwriting confidence in the broker and carrier channels, announced that the company has joined the Guidewire Insurtech Vanguards program, an initiative led by property and casualty (P&C) cloud platform provider, Guidewire (NYSE: GWRE), to help insurers learn about the newest insurtechs and how to best leverage them. “Brokers and carriers lose time and margin when submissions are complete on paper but unreliable in reality. We built MyChoice to reconcile...

Novidea Updates Insurance Management Platform With New Enhancements

Novidea, the global leader in cloud-native insurance management platforms, announced its latest product release which will enable users to reduce manual rework, improve data integrity, and accelerate high-volume processing across policy, bordereaux, claims and broker accounting workflows. Highlights of the Release Quote-to-Bind – To further accelerate the Quote-to-Bind process, brokers can now also manage multiple quote versions for different markets and select multiple markets under an open submission in a single action. Market selection is optimized...

Simply Business Earns SMB InsurTech Award from FinTech Breakthrough

Simply Business, LLC, the leading digital marketplace for easily finding, comparing and buying tailored small business insurance, today announced its AI advisor has been named “SMB InsurTech Solution of the Year” in the FinTech Breakthrough Awards. The proprietary solution, built on Anthropic’s Claude Sonnet 4.5, has transformed the insurance buying process for small business owners. “Our AI advisor was designed in-house, with a focus on reimagining the digital insurance buying experience for small business owners,...

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