Federal Emergency Management Agency (FEMA) has released draft versions of updated flood maps that could alter flood insurance requirements for homeowners in certain communities. The FEMA Flood Map ...

Chase, a UK-based, app-only retail bank brand owned by JPMorgan Chase and operated through J.P. Morgan Europe, has launched its first insurance product in the UK, introducing a bundled protection ...

The insurance industry, long perceived as traditional and often bogged down by complex paperwork and delayed claims, is on the cusp of a transformative revolution. This change is being driven by ...

AI-insurtech Honeycomb Insurance has teamed up with Trisura Insurance Company to expand admitted capacity in 18 U.S. states. The agreement positions Honeycomb for broader market reach while ...

Arthur J. Gallagher & Co. (AJG) will acquire AssuredPartners Inc. for $13.45 bn. The deal strengthens AJG’s presence in the U.S. middle market and leverages AssuredPartners’ active mergers and ...

Guidewire confirmed a definitive agreement to buy ProNavigator, the AI-powered knowledge management platform, aiming to fold its insurance-trained intelligence into the broader Guidewire ecosystem.

Founded in New York, insurtech WithCoverage, an AI-enabled risk management platform positioning itself as a replacement for traditional insurance brokers for fast-growing companies, has closed a $42 ...

MGT, an AI-first commercial insurer targeting small businesses, closed a $21.6 mn Series B that was oversubscribed. Mubadala Capital led the round, with Clocktower Ventures, Tacora Capital, and ...

London-based insurtech INSTANDA has closed a $20 mn round, a push that lifts total capital raised to more than $85 mn. CommerzVentures led the deal, adding its weight as a specialist investor focused ...

Optio Group, an independent specialty managing general agent (MGA) platform, has acquired Custodian Management, a UK-based MGA. Since its inception in 2013 by managing director Zahid Naqvi, Custodian ...

Deck2 Capital, the family office run by insurtech Cover Genius co-founder Chris Bayley, closed its first platform deal by taking over Auto Europe. The move signals the start of an OTA roll-up that ...

Generative artificial intelligence (Gen AI) is no longer a futuristic concept. It is here, transforming systems to generate unique content, including text, images and even music. According to the ...