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Yiren Digital’s Hexiang Insurance Brokers Launched Innovative Insurance Products for Low-Altitude Economy


Hexiang Insurance Brokers, the insurance brokerage arm of Yiren Digital, has successfully launched specialized insurance products targeting China’s rapidly expanding low-altitude economy. The company has signed multiple contracts with enterprise aviation operators through innovative insurance solutions developed in partnership with Ping An Insurance and PICC. This strategic initiative represents a significant step in Hexiang’s expansion into China’s emerging low-altitude economy, positioning


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Global InsurTech Summit USA 2025


Network and connect at the most collaborative meeting of senior insurance and tech execs After five years of continued success and unprecedented demand from US insurers and InsurTech founders, we are bringing our flagship event to New York! Start date: September 18 Location: Ease 605, New York Read More


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Featured News

MGAA and Insurance DataLab team up to boost MGA insights


The Managing General Agents’ Association (MGAA), which represents MGAs in the UK and Gibraltar, has entered a strategic partnership with market intelligence platform Insurance DataLab. As part of the deal, Insurance DataLab joins the MGAA as a Supplier Member and offers exclusive benefits to MGAA members, including a 10% discount on new annual licences, according to FF News.


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BACKLIT CAPITAL SOLUTIONS LAUNCHES PREMIER LEGAL FINANCE CONSULTANCY


Backlit Capital Solutions today announced the launch of its full-service legal finance consultancy helping claimants, law firms, lenders and investors navigate the legal finance and contingent risk insurance market. Backlit provides capital access and strategic advisory services to claimants and law firms, as well as targeted deployment strategies, portfolio management guidance, risk mitigation, and asset


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Featured News

Optalitix launches Model Monitoring to transform insurance pricing oversight


UK-based InsurTech firm Optalitix has launched Model Monitoring, a new feature for its flagship Optalitix Models platform, offering real-time tracking and analysis of insurance pricing models. The tool allows insurers to monitor model usage, detect anomalies, and optimise performance, resulting in faster quote generation and more accurate pricing. Model Monitoring supports all major modelling formats, including Excel, Python,


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Featured News

Parametrix unveils $2m embedded insurance product for EDR system failures


Parametrix, a pioneer in digital business interruption insurance, has launched a new embedded coverage programme aimed at safeguarding businesses from disruptions triggered by endpoint security failures. The introduction of this new insurance product comes in the wake of rising demand for improved risk mitigation following high-profile outages. Notably, the global CrowdStrike incident in July 2024


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Trending News

Turris and Loro Insurtech join forces to simplify insurance compliance


Turris, a provider of compliance and payment automation solutions for the insurance sector, has partnered with Loro Insurtech to deliver a unified solution aimed at modernising how insurers and MGAs handle compliance and broker onboarding. The partnership accelerates broker and agent onboarding, streamlines quoting and binding, and automates compliance checks and filings—boosting efficiency and reducing risk. Turris


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Trending News

1Fort Raises $7.5M to Automate Business Insurance with AI


1Fort, the AI platform for business insurance, today announced it has raised $7.5 million in an oversubscribed funding round led by Bonfire Ventures. The round also included Draper Associates (Tim Draper); Karim Atiyeh, the founder of Ramp; and participation from all existing VCs: Village Global, Operator Partners, 8-Bit Capital, Character VC and Company Ventures. This


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Featured News

iLife Technologies rebrands as Infras to expand insurance infrastructure solutions


iLife Technologies, a leading technology provider in the insurance industry, has officially rebranded as Infras following a period of significant growth for the firm. The move signifies the company’s evolution beyond life insurance as it looks to deliver headless connectivity infrastructure that enables insurance carriers to seamlessly integrate with any distributor user interface without extensive redevelopment, according to InsurTech Insights.


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Trending News

Foliume raises $1m seed round to enhance AI-driven insurance distribution


Foliume, which specialises in automating insurance processes, has secured a $1m seed funding round led by Belgium-based venture fund Pitchdrive and Wayra, the investment arm of Telefónica. The round also saw participation from key figures in insurance distribution and technology, according to InsurTech Insights. The fresh capital will be used to enhance product development and support


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Munich Re acquires NEXT Insurance for $2.6bn to expand InsurTech footprint


Munich Re, a global reinsurance leader, has signed a definitive agreement to acquire NEXT Insurance, a digital-first small business insurer, in a deal worth $2.6bn. Following the acquisition, NEXT Insurance will become part of ERGO Group, Munich Re’s primary insurance subsidiary. The acquisition aims to strengthen ERGO’s presence in the US small business insurance market, leveraging