Insurtech Insights

Starting this week, our highly anticipated New Year Webinar Series kicks off—your gateway to understanding the past, present, and future of the insurance industry. Gain a competitive edge as we explore: • Where we’ve been: Learn from the industry’s defining milestones and lessons. • Where we are now: Understand current trends and challenges shaping the market. • Where we’re headed: Discover future innovations and strategies to stay ahead. Don’t miss this opportunity to equip yourself with actionable insights for the year ahead. Register for the entire series in one easy step: https://lnkd.in/dfMQPur6 #insurtechinsights #insurance #insurtech #webinar

AKUR8, a leading provider of machine learning-powered pricing and reserving solutions, has announced an expanded strategic partnership with Deloitte Canada, a global leader in consulting and actuarial services. Samuel Falmagne, CEO of AKUR8, highlighted the importance of this collaboration: “Akur8 is committed to deepening our collaboration with Deloitte. By combining our advanced technology with Deloitte’s deep actuarial expertise, we’re creating a powerful value proposition for insurers looking to modernize their pricing and reserving strategies.” Also quoted in this story is Karl Meissner-Roloff, Partner at Deloitte Canada & Brune de Linares (Garnier), Chief Client Officer at Akur8 Read the full story here: https://lnkd.in/dHsUmka5 Join the Akur8 team at Insurtech Insights Europe 2025 on March 19th to 20th at Intercontinental London – The O2. For more information, visit: https://lnkd.in/gnvvek7 #insurtechinsights #insurance #insurtech #partnership

Azos, a Brazilian insurtech specialising in life insurance, has secured $30.5 million in a Series B funding round led by Lightrock. “We are excited to have Lightrock as a shareholder, a fund that not only understands Latin America but also the insurance market and can help accelerate growth in this sector,” said Rafael Cló, CEO and co-founder of Azos. Also quoted in this story is Marcos Marcos Wilson Pereira, CFA, Managing Partner and Head of Lightrock for Latin America. Read the full story here: https://lnkd.in/dZ3B8zTC #insurtechinsights #insurance #insurtech #funding

Strategic partnerships are no longer a "nice-to-have" in the insurance industry— they're a "must-have" for survival and growth. 🤝 📈 🚀 In today's rapidly evolving landscape, no single organisation can possess all the expertise, technology, or reach needed to address the complex challenges and opportunities. That's where strategic partnerships come in. Here's why they're so crucial: ➡️ Expanding Reach & Access: Partnerships unlock new markets, customer segments, and distribution channels. By collaborating with complementary businesses, insurers can tap into previously unreachable audiences. ➡️ Accelerating Innovation: Combining forces with Insurtechs, tech companies, or even other insurers can accelerate the development and adoption of cutting-edge technologies and solutions. ➡️ Sharing Expertise & Resources: Partnerships allow companies to leverage each other's strengths, whether it's specialised knowledge, data insights, or operational capabilities. This reduces costs and speeds up time-to-market. ➡️ Enhancing Customer Experience: By working together, insurers can create seamless, integrated experiences for their customers, offering a wider range of products and services tailored to their specific needs. ➡️ Navigating Complexity: The insurance landscape is becoming increasingly complex, with new regulations, risks, and customer expectations. Partnerships provide the support and shared knowledge needed to navigate these challenges effectively. We've highlighted some of the top strategic partnerships that were announced this year, that are helping the industry to thrive and grow. 🟢 Reinsurance Group of America, Incorporated partnered with FastTrack 🟢 McGill and Partners partnered with Salesforce 🟢 Cachet partnered with Bolt Drive 🟢 Previsico Partnered with Descartes Underwriting 🟢 Prudential Financial partnered with Penguin Benefits 🟢 Swiss Re partnered with SBLI 🟢 Prudential Financial Partnered with Dai-ichi Life Vietnam 🟢 Ki Insurance partnered QBE Insurance 🟢 McKenzie Intelligence Services partnered with California Insurance Emergency Response Association (CIERA) 🟢 Duck Creek Technologies partnered with Worldpay 🟢 AKUR8 partnered with Alpha Insure 🟢 INSTANDA partnered with Qantev 🟢 MAWDY partnered with Vittoria Assicurazioni S.p.A. 🟢 Cytora partnered with Smarty 🟢 CyberCube partnered with Feathery Read the full report here: https://lnkd.in/gZdSgbDH #insurtechinsights #insurance #strategicpartnerships #digitalecosystem

Consumer confidence in artificial intelligence (AI) within the property and casualty (P&C) insurance sector is on the decline, according to Insurity’s 2025 AI in Insurance Report. The report reveals a significant drop in consumer support for AI in P&C insurance, with only 20% of Americans viewing it positively—down from 29% in 2024. Additionally, 44% of consumers now say they are less likely to purchase a policy from an insurer that publicly adopts AI, up from 42% last year. Positive experiences with AI have also declined, with just 47% of respondents reporting favorable interactions in 2025, compared to 63% in 2024." “These shifts in consumer sentiment serve as a critical reminder for insurers – while AI has the potential to revolutionise the industry, its success depends on how it’s implemented and communicated,” said Sylvester Mathis, III Mathis, Chief Revenue and Chief Insurance Officer at Insurity. Read the full report here: https://lnkd.in/e86M5QdM #insurtechinsights #insurance #customerservice #ai #industryreport

Floodbase, a leading provider of flood data and analytics, has secured a $5 million investment led by Ecosystem Integrity Fund, with additional participation from Pulse Fund. The funding will support the expansion of Floodbase’s flood insurance programs, furthering its mission to provide data-driven solutions for climate resilience. Bessie Schwarz, Co-founder and CEO of Floodbase, said: “Flood insurance has typically been limited to direct property damage, which only represents a fraction of the overall economic loss. We’re enabling a financial safety net that can cover any economic loss associated with a flood event." Read the full story here: https://lnkd.in/enqfD7mA #insurtechinsights #insurance #flooding

CyberCube, a leading provider of cyber risk analytics, has announced a strategic partnership with Feathery, an AI-driven automation solutions company. “Our partnership with Feathery represents a significant step forward in driving efficiency and intelligence into cyber insurance workflows,” said Ross Wirth, VP, Head of Strategic Tech Ecosystem at CyberCube. “By integrating Feathery’s automation capabilities with CyberCube’s industry-leading analytics, we’re empowering brokers and underwriters with the tools they need to make informed, data-driven decisions with greater speed and accuracy.” Also quoted in this story is Zack Khan, Co-founder of Feathery. Read the full story here: https://lnkd.in/d3y2pPS8 #insurtechinsights #insurance #insurtech #partnership

"Embedded insurance is pretty much the future. In Asia alone, the market is expected to reach something like 300 billion by the end of the decade," says Eran Tirer, Founder and CEO of Ledgertech, during Insurtech Insights Asia in Hong Kong recently. #insurtechinsights #embeddedinsurance #lowcode #Asia

Euroins Bulgaria, a subsidiary of EuroIns Insurance Group (EIG) and part of Eurohold, has successfully completed a capital increase, raising BGN 115 million (€58.8 million). The fresh capital will bolster Euroins Bulgaria’s expansion in Central and Southeastern Europe, particularly in Poland and Greece, while also strengthening its solvency and advancing digital transformation initiatives. Read the full story here: https://lnkd.in/djdDqk7s #insurtechinsights #insurance #insurtech #funding

Specialty Risk Re (SRR), a collateralised reinsurance company founded in 2024, has announced the successful completion of a US$50 million institutional funding round. The investment was led by private equity firm NMS Capital Group. Commenting on the news, SRR President and CEO, Jonathan Collura, said: “This funding marks a significant milestone in our vision to establish SRR as a trusted and well-capitalised partner in the reinsurance market.”Read the full story here: https://lnkd.in/eJQ4V_qk #insurtechinsights #insurance #specialty #propertyandcasualty #natcat #investment