Qover, Helvetia Expand Embedded Insurance Partnership
September 18, 20256 min
European Insurtech and Swiss insurer expand beyond automotive focus to unlock cross-product opportunities and shared market growth
60M Drivers Use Telematics; UBI Market to Hit €200B by 2035
September 17, 20253 min
The Usage-Based Insurance (UBI) market has now reached over 60 million customers across 450 active programmes – a sixfold increase in just ten years. PTOLEMUS Consulting Group, which predicted the “uberisation” of insurance in 2015, highlights this transformation in its new report. UBI is now a truly global phenomenon that reaches 59 countries and generates more than €50 billion in premiums, finds the consulting firm in its new report. This growth reflects the growing smartphonisation...
Finastra Automates Dynamic Hedging for Annuities Market
September 15, 20255 min
Solution supports automation of dynamic hedging of annuities contracts, delivers increased transparency for risk and compliance management and improves operational efficiency
Penn-America Acquires Sayata to Expand Digital Insurance
September 3, 20254 min
Global Indemnity Group, LLC, announced today that its subsidiary Penn-America Underwriters, LLC (“PAU”) has completed the acquisition of Sayata, an AI-enabled digital distribution marketplace and agency operations for commercial insurance. The acquisition complements GBLI’s recent strategic reorganization of its PAU business to focus on agency and insurance services. This acquisition will enable PAU to accelerate its roadmap by expanding distribution, product portfolio, and technology capabilities. Praveen K. Reddy, President and CEO of PAU, remarked, “The...
Falcon Finance Launches $10M Onchain Insurance Fund
September 2, 20256 min
Falcon Finance announced the establishment of its dedicated on-chain insurance fund today, a structural safeguard designed to enhance transparency, strengthen risk management, and provide protection for counterparties and institutional partners engaging with the protocol. The fund has been established with an initial $10 million contribution in USD1, which Falcon Finance has selected as its first reserve currency, with additional assets to follow. In addition, a portion of protocol fees will be directed into the insurance fund, ensuring that the fund’s...
Roamly Launches AI Carshare Insurance After Lloyd’s Approval
August 20, 20258 min
Roamly Delivers AI-Powered Specialty Insurance Solutions; Launches Carshare Insurance Following Lloyd's Coverholder Appointment and Celent Model Insurer Award Win
SUPERAGENT AI to Replace Traditional Insurance Agents by Year-End
August 18, 20255 min
In a provocative step that signals a seismic shift in the insurance landscape, SUPERAGENT AI, the San Francisco–based InsurTech innovator, today announced its ambitious goal to launch the first fully autonomous AI Insurance Agent by the end of 2025. This groundbreaking AI promises to handle every aspect of insurance advisory, sales, and customer service, around the clock, and more efficiently than traditional agents. SUPERAGENT AI’s bold claim sets the stage for intense industry debate, asserting...
ePayPolicy Gets Strategic Investment from LLR Partners
August 11, 20255 min
LLR joins Serent Capital to help support the Company’s next stage of growth.
Ping An Ranks 47th on 2025 Fortune Global 500 List for 16th Year
July 31, 202510 min
Ping An Insurance Company of China, Ltd. is #47 globally on the latest Fortune Global 500 list, up six places from 2024, with operating revenue of about USD158.63 billion. The Company, which ranked 9th among global financial enterprises, has been included in the Fortune Global 500 list for 16 consecutive years. Ping An continues to advance its technology-enabled “integrated finance + health and senior care” strategy, accelerating its comprehensive digital transformation and the implementation of its “worry-free,...
Insurity, a leading provider of cloud-based software for insurance carriers and intermediaries, including brokers and MGAs, announced new findings from its 2025 Digital Experience Index, a national survey measuring consumer sentiment around digital interactions with P&C insurers. Despite growing investment in digital transformation across the insurance industry, the survey found that many older policyholders remain skeptical of fully digital models and still prefer traditional forms of communication. According to the survey, 59% of Baby Boomers and...