InsurTech

For as long as insurance has been around, criminals have been committing insurance fraud. With increasingly sophisticated fraud activity, insurers are turning to artificial intelligence and machine learning. However, they must develop standards to prevent unfair discrimination and remove any bias in these technologies.

FinTech and global insurance broker Acrisure has acquired two Managed Service Providers (MSP) within its Cyber Services division, Catalyst Technology Group and ITS.

Apollo Brokers, a digital wholesale cyber insurance broker, has launched its Cyber Marketplace, which will offer cyber security solutions direct to every insured.

Coalition, a cyber insurance provider, has raised $250m in Series F funding, propelling it to a $5bn valuation.

Cowbell Cyber, provider of cyber insurance for small and medium-sized enterprises (SMEs), has expanded its agreement with Palomar Excess & Surplus Insurance Company to...

Apollo Brokers, a digital wholesale cyber insurance broker, has partnered with SecurityScorecard to help insured, brokers and carriers be more secure.

Allianz has entered into a multi-year partnership with cyber insurance provider Coalition for US and UK cyber insurance programmes.

Amwins, a global distributor of specialty insurance products and services, has partnered with FusionMGA to provide retail brokers with access to cyber security solutions.

Stoïk, a cyber InsurTech for small to medium-sized enterprises (SMEs), has raised €11m in Series A funding.

As a former army officer and UK Special Forces volunteer, Oz Alashe gained a unique understanding of human behaviour. Together with his leadership expertise, he brought this knowledge into the CyberTech space and founded CybSafe, a cybersecurity company focussed on the “people component” of cybersecurity.