Reinsurance News

InsurTech news

Insurance and reinsurance technology related news, focused on the wave of interest in InsurTech start-ups, investing in insurance technology initiatives, as well as reinsurance tech start-ups or ReinsurTech.

Majesco to quadruple AI investment to expand, accelerate P&C roadmap

5th December 2025

Majesco, a technology provider known for its cloud-native and AI-native solutions for Property & Casualty and Life & Annuity/Health insurers, has reinforced its dedication to the P&C sector with plans for expanded investment and an accelerated product roadmap. The company detailed new initiatives aimed at shaping the next generation of AI-driven ... Read the full article

Previsico releases Flood Intelligence 2.0 to improve forecasting

5th December 2025

Previsico, an insurtech company that provides advanced flood prediction and risk management solutions, has released Flood Intelligence 2.0, an updated version of its flood forecasting platform. The platform is designed to give insurers, infrastructure operators, risk managers, and organisations at risk from flooding clearer insight and greater confidence in managing flood ... Read the full article

BOXX to help businesses & individuals build resilience with Cyberboxx Assist

24th November 2025

Insurtech firm BOXX Insurance has launched a comprehensive suite of cybersecurity tools and services that have been designed to build digital resilience. Cyberboxx Assist is a robust suite of tools designed to help businesses and individuals not only predict, prevent, and respond to cyber attacks but also to mitigate the risk ... Read the full article

McGill and Partners expands capacity for Auton digital facility

17th November 2025

McGill and Partners, the independent global specialty insurance and reinsurance broker, has announced an increase in capacity for Auton, its digital cross-class auto-follow facility. Entering its second year, the facility will increase its maximum capacity from 20% to 25% for all eligible lines of business, providing clients with greater flexibility and ... Read the full article

AM Best rates new Labuan based Chinese reinsurer Zhibao Re

10th November 2025

AM Best, the credit rating agency, has assigned Zhibao Labuan Reinsurance Company Limited (Zhibao Re) of Malaysia a Financial Strength Rating of B+ (Good) and a Long-Term Issuer Credit Rating of “bbb-” (Good), with a stable outlook. According to AM Best, these ratings reflect the company’s strong balance sheet, adequate operating ... Read the full article

AI-centred InsurTechs dominate as global funding hits $1.01bn in Q3: Gallagher Re

6th November 2025

According to a new report from Gallagher Re, global InsurTech funding was $1.01 billion in Q3 2025, down 7.3% from the $1.09 billion recorded in the prior quarter. Gallagher Re observed a marked drop in deal count, with just 76 deals in Q3 2025, the lowest total since Q2 2020. Overall, quarterly ... Read the full article

LIRG(TM) selects insurtech MANiT Labs to power global reinsurance platform

4th November 2025

Algorithmic Insurance Services, Inc. (LIRG) has selected insurtech MANiT Labs to serve as the core technology platform for its reinsurance brokerage operations. The partnership is a significant step in LIRG’s mission to become a global leader in reinsurance broking and consulting. By integrating MNiT Labs’ advanced platform, LIRG aims to blend its ... Read the full article

Willis strengthens risk analytics capabilities through expanded partnership with Zywave

9th October 2025

Willis, a WTW business, has announced an expansion of its long-standing partnership with Zywave, an insurtech provider, through the integration of Zywave’s Benchmark API into Willis’ Risk IQ analytics suite. This development enhances Willis’ ability to deliver more sophisticated insights and advisory services to clients across the globe. The Risk IQ platform ... Read the full article

ADAS technology to have significant impact on auto insurance industry: Evercore ISI

7th October 2025

Advanced Driver-Assistance Systems (ADAS) are expected to have a significant impact on the auto insurance industry, driving near-term frequency changes to the sector, although, autonomous could have greater ramifications longer-term, according to a recent Evercore ISI. In a recent report, titled ‘US P&C Insurance: The ADAS Impact on Personal Auto Insurance’, ... Read the full article

White Mountains sells majority stake in insurtech Bamboo to CVC

3rd October 2025

White Mountains, a Bermuda-domiciled financial services holding company, has announced it has agreed to sell most of its ownership in Bamboo, a data-enabled insurance distribution platform, to funds advised by CVC. The deal, which values Bamboo at $1.75 billion, is expected to generate approximately $310 to its book value per share ... Read the full article

Lloyd’s and Ireland’s Department for Finance partner to drive insurtech innovation

30th September 2025

Lloyd’s, the world’s oldest insurance and reinsurance market for global risk, and Ireland’s Department of Finance, have strategically partnered to foster insurtech innovation, strengthen market resilience, and promote Irish expertise globally. This collaboration will create a dedicated Irish-themed cohort within the Lloyd’s Lab Accelerator Programme in the first half of 2026. Established ... Read the full article

MetLife acquires 20% of LatAm insurtech Klimber

23rd September 2025

Global insurer MetLife has acquired a 20% stake in insurtech Klimber, a partnership that aims to transform how insurance is accessed and distributed throughout Latin America. This achievement, the firm stated, strengthens Klimber's position in the evolving digital insurance landscape in the region. The insurtech’s platform allows its partners in the banking, ... Read the full article

Optalitix expands quote platform to power reinsurance pricing

5th September 2025

Insurtech company Optalitix has introduced an expansion of its pricing platform, Optalitix Quote, aimed at the reinsurance market. The system, which has been used by insurers and MGAs, now includes tools for reinsurers to model treaty and facultative quotes, manage data, and improve pricing processes in one place. The company says the ... Read the full article

BluePond.AI launches Reinsurance CoPilot to automate complex document processing

5th September 2025

BluePond.AI, a GenAI-native insurtech, has introduced its latest solution, P&C Reinsurance CoPilot, a tool designed to automate the ingestion of complex reinsurance documents and optimise workflow efficiency. Reinsurance contracts are often lengthy and require significant manual effort to process and record in administration systems, which can slow operations and create errors. BluePond.AI’s ... Read the full article

Parametric Insurtech Sola raises $8m Series A to expand property coverage

27th August 2025

Parametric insurtech Sola, a company providing data-driven property insurance solutions, has announced that it has secured $8 million in Series A funding, bringing its total funding to $11.7 million. The round was led by FINTOP Capital and JAM FINTOP, with participation from 10vc and Georgia Tech. Sola offers property insurance that ... Read the full article