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Axle Raises $17.5M Series A, Plans To Double Team

Axle Secures $17.5M Series A Funding Atlanta-based insurtech company Axle has raised $17.5 million in a Series A funding round. The company plans to use the funds to double its current workforce of 25 people. The expansion will focus on growing its...

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NHS Pension Scheme extends Lumera comms work

NHS Pension Scheme Extends Partnership with Lumera Insurtech company Lumera has announced that it will continue its collaboration with the NHS...

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August Equity backs InsurTech MGA Starpeak

August Equity Invests in InsurTech MGA Starpeak August Equity has invested in InsurTech Managing General Agent (MGA) Starpeak. The investment aims to...

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How climate risk is starting to ‘cascade’ into the US economy

Impact of Climate Risk on the U.S. Economy The U.S. economy is experiencing effects from climate risk, described as starting to "cascade" into...

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Why the insurance claims payout process could deter AI adoption

AI Adoption in Insurance Faces Challenges in Claims Payouts As insurers increasingly implement artificial intelligence in various business areas,...

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Alliant acquires AI benefits platform Nava in tech consolidation push

Alliant Acquires AI Benefits Platform Nava Alliant has acquired Nava, an AI-native benefits platform, as part of its strategy to consolidate...

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Munich Re's $575m bet on the SME cyber risk gap

Munich Re to Acquire At-Bay for $575 Million Munich Re has announced its agreement to purchase At-Bay for $575 million. This acquisition is aimed at...

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Director/PDMR Shareholding

Director and PDMR Shareholding Update Released An announcement regarding director and PDMR shareholding has been released, according to a report from...

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Bolt debuts industry-first AI insurance platform

Bolt Launches AI-Powered Insurance Distribution Platform Bolt, an InsurTech company specializing in distribution, has introduced what it describes as...

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Chinese InsurTech Firm Zhibao Adds 2,380 Bitcoin in $154.7M Treasury Pivot

Zhibao Technology Secures $154.7M in Bitcoin-Backed Financing Nasdaq-listed Zhibao Technology has completed a private investment in public equity...

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