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The Insurtech Magazine #11
The Insurtech Magazine is back. Insurtech funding has risen this year according to Gallagher Re […]
AdvanceCare Slashes Claims Processing Times to 60 Seconds Using Sprout.ai’s AI Technology
AdvanceCare, has cut health insurance claims processing time to just 60 seconds for some claims settlement cases, thanks to a strategic rollout of Sprout.ai’s artificial intelligence technology. As health insurance claims management continues to grow in complexity, AdvanceCare is using AI to streamline and automate its processes and free up team resources to focus on the most complex cases.
Insurtech Financing in Latin America Rebounds, Reaching $121 Million in the First Half of 2025
Insurtech financing in Latin America during the first half of 2025 reached $121 million, 370% more than in the first six months of 2024. This amount already exceeds the total financing for all of 2024 by 32%, confirming the region's potential and the strength of the ecosystem to stay afloat and attract new investment rounds.
COVU Continues Rapid Growth with Sixth Acquisition: Mitchell Insurance Agency Joins the Platform
COVU, the leader in AI-native customer servicing for the insurance industry, announced the acquisition of Mitchell Insurance Agency
OpenDialog AI Joins Guidewire Insurtech Vanguards to Accelerate AI in Insurance
OpenDialog is proud to announce its acceptance into the Guidewire Insurtech Vanguards program
Intersys Launches in India to Help Brokers and Insurers Grow Cyber Portfolios by Strengthening Policyholder Resilience
Cyber security and IT services provider Intersys has launched operations in India with a focus on helping re/insurers and brokers grow their cyber insurance business by improving the cyber risk profile of policyholders.
IDF Insurance Team Delivers Tripartite Programme Parametric Flood Insurance Solution for Lagos State Government
The Insurance Development Forum (IDF) announces the successful completion of the design of a parametric flood insurance solution for the Lagos State Government in Nigeria. The solution was developed as part of the Tripartite Agreement Programme of the IDF, the United Nations Development Programme (UNDP), and the German Federal Ministry for Economic Cooperation and Development (BMZ) through the InsuResilience Solutions Fund (ISF).
nettle Joins Guidewire Insurtech Vanguards Program
nettle has announced that the company has joined Guidewire’s Insurtech Vanguards program
Monzo Unveils Flexible Home Insurance
Monzo has launched Home Insurancem a combined buildings and contents policy giving homeowners an easier, faster and more flexible way for protection
ZestyAI Launches AI Agent to Cut Research Time for Competitive Intelligence by 95%
ZestyAI today announced the launch of ZORRO Discover™, a generative AI agent that delivers instant insights into regulatory filings and competitive market activity.
Lemonade's 2025 Giveback Donates Over $2.1M to Nonprofits
Lemonade announced its 2025 Giveback, marking the ninth consecutive year of turning leftover premiums into life-changing support for communities
Aviva Partners with Sønr to Accelerate Innovation and Drive Growth
Aviva has appointed Sønr to help drive its innovation strategy over the next two years
Roamly Awarded Prestigious Lloyd's of London Coverholder Appointment
Roamly, the global leader in digital insurance technology and solutions, today proudly announces its appointment as a Lloyd's Coverholder
61% Millennials & Gen Z Prefer to Invest in Health Insurance: HDFC ERGO ‘Exploring Gen Z and Millennials Mindset Towards Insurance’ Survey
HDFC ERGO General Insurance Company, India’s leading private sector General Insurer, unveils the findings of ‘Exploring Gen Z and Millennials mindset towards insurance ‘, a custom survey commissioned by HDFC ERGO General Insurance Company and conducted by NielsenIQ (NIQ), the leader in consumer intelligence. The survey has been conducted with 2200 respondents in 17 Tier 1 & Tier 2 cities across India. While Tier 1 are cities with population 1 lakh and above Tier 2 are cities with population between 50,000 and less than 1 lakh.
MAPFRE Consolidates Position as Europe’s Sixth-Largest Insurance Company
MAPFRE ranks among the 15 main insurance companies in Europe, according to the latest edition of the annual ranking prepared by MAPFRE Economics, MAPFRE’s research arm. Against a backdrop of moderate growth and macroeconomic volatility, the Group reinforced its position in the European insurance market, generating 25.5 billion euros in insurance service revenue, a 3.0% increase from the previous year.
CLARA Analytics Introduces Triage Risk Notes and Claim Event Indicators to Advance Claims Management
CLARA Analytics ("CLARA"), a leading provider of artificial intelligence (AI) technology for insurance claims optimization, today announced two new AI-powered innovations to give claims professionals the precise insights they need, when they need them: Risk Notes and Claim Event Indicators.
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