Discover how InsurTech solutions are transforming risk assessment and underwriting through AI, predictive analytics, automation, and real-time data insights.
NewtekOne, Inc. and Payroc Form Strategic Alliance
June 9, 20265 min
NewtekOne, Inc. and Payroc WorldAccess, LLC that they have formed a strategic alliance whereby Payroc will incorporate certain of NewtekOne’s business and financial solutions into Payroc’s menu of embedded business and financial solutions offered to its more than 190,000 active merchants. After a thorough process of evaluating potential partners, Payroc selected NewtekOne as its strategic banking solutions partner for merchants on the Payroc platform. Payroc’s merchants, which, in aggregate, produce more than $125 billion of...
Insurity Appoints Jatin Atre as President to Accelerate AI-Powered Growth
January 9, 20264 min
Atre to lead product, engineering, marketing, customer success, and support, with a $50M investment in AI and R&D, 100+ AI/ML hires, and 80,000 additional customer support hours
Concirrus Named Among UK’s Top 50 InsurTechs 2025
October 29, 20255 min
Concirrus has been named No. 13 in BusinessCloud’s InsurTech 50, a list celebrating the UK’s most innovative insurance technology creators. The annual ranking highlights companies using technology to reshape insurance operations, products, and customer experience. The 2025 list was determined by a combination of reader votes and an expert judging panel featuring leaders from Innovate Finance, Insurtech UK, and KPMG UK. Redefining AI for Specialty Insurance Concirrus earned its place through its AI-first underwriting platform: technology built...
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...
MSIG USA has appointed Tony Beirne as chief actuary and Dale James as chief risk officer, further strengthening the company’s leadership in analytics and enterprise risk governance. Both executives will report to Peter McKenna, chief executive officer. “These appointments reflect MSIG USA’s continued focus on deepening our analytical and governance capabilities to support our long-term strategy,” McKenna said. “Beirne brings a modern, data-driven approach to actuarial leadership that will enhance our pricing and portfolio management. Dale’s experience in risk oversight, capital markets and ESG...
Axis Insurance Expands Its Reach with Acquisition of Fuse Insurance
February 25, 20254 min
Axis Insurance Managers Inc. (Axis Insurance) is pleased to announce the acquisition of Fuse Insurance, a Calgary-based, technology-driven commercial insurance brokerage. Founded in 2017, Fuse has built a strong reputation for managing complex risks in industries such as ecommerce, healthcare, and cannabis. This acquisition strengthens Axis Insurance’s presence in Alberta and enhances its ability to deliver advanced risk management solutions. Fuse was founded on a unique vision, combining deep insurance expertise with software development to...
King Risk Partners acquires Pearl Insurance Agency
October 16, 20243 min
King Risk Partners, a major insurance broker in the United States, is excited to announce the acquisition of Pearl Insurance Agency, Inc, a highly successful firm located in Cranford, New Jersey. This acquisition expands King Risk Partners’ reach into the New Jersey market with a focus on commercial insurance. For over 30 years, Pearl Insurance Agency, Inc. has a built solid track record for providing specialty insurance solutions for importers, exporters, marine cargo, wholesalers, and distributors in New Jersey. The...
Janover Inc., an AI-enabled platform for commercial real estate transactions, announced that it has officially launched Janover Insurance Group Inc. (“Janover Insurance”), its new insurtech subsidiary for commercial property insurance and more. The Company also announces it has been granted insurance licenses in Texas and Florida, with multiple applications in progress in several other states. “Our ability to navigate large complex transactions in a marketplace model, particularly in multifamily and commercial property finance, fits perfectly in the insurance...
Foxquilt announces strategic collaboration with Markel
January 16, 20244 min
Foxquilt, North American digital MGA, will broaden distribution of their proprietary insurance products in the US through a key collaboration with Markel.