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Insurtech News Feb 01
Weekly News Roundup

Top Headlines from Feb 2–8, 2026

Curated by InsurTech NY • Sources: Coverager, Insurance Innovation Reporter
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7 Stories
$16.2B Raised
3 Funding Rounds
Funding

Waymo Raises $16 Billion

Waymo, the Alphabet-owned autonomous vehicle company, has raised a $16 billion investment round valuing the company at $126 billion post-money. The round was led by Dragoneer Investment Group, DST Global, and Sequoia Capital. In 2025, Waymo more than tripled its annual volume to 15 million rides, surpassing 20 million lifetime rides to date. Over 400,000 rides are provided every week across six major U.S. metropolitan areas.

Source: Coverager — Read MoreWaymo

Funding

Cardiology Platform Chamber Raises $60 Million

Chamber Cardio announced a $60 million Series A round to support cardiologists and health plans in managing heart disease under value-based care models. The funding will be used to expand partnerships with health plans and cardiology practices, enter new markets, and grow the company’s clinical, operational, and technology teams.

Source: Coverager — Read MoreChamber Cardio

Funding

Artificial Labs Raises $45 Million

Artificial Labs, a London-based provider of digital broking and underwriting technology for the specialty and commercial insurance markets, has raised $45 million in Series B funding. The round was led by CommerzVentures. Artificial expects to double in size over the next 12 months and will expand its global footprint into the US in 2026.

Source: Coverager — Read MoreArtificial Labs

Acquisition

Admiral Group Acquires Flock for £80 Million

Admiral Group has reached an agreement to acquire Flock, a digital commercial fleet insurance provider with an innovative telemetry-based proposition. Flock has built a digital platform that uses proprietary AI-driven risk models trained on hundreds of millions of miles of real-world driving data to reward commercial motor customers demonstrating improved safety.

Source: Flock — Read MoreAdmiral GroupFlock

Partnership

Openly Partners with Kyber to Streamline Claims Communication

Openly, a homeowners insurance provider built for independent agents, announced a partnership with Kyber to automate claims correspondence. By deploying Kyber’s AI-native platform, Openly will reduce the time adjusters spend drafting, reviewing, and delivering communications, while supporting faster, clearer updates for policyholders.

Source: Coverager — Read MoreOpenlyKyber

Partnership

Cytora and Altitude Intelligence Partner on Geospatial and Climate Risk Intelligence

Cytora, the digital risk processing platform, has announced a strategic partnership with Altitude Intelligence, a provider of specialized intelligence-as-a-service capabilities. This collaboration integrates Altitude Intelligence’s advanced geospatial and multi-source fusion data directly into the Cytora platform, allowing commercial insurers to automatically enrich submissions with granular climate and location-based insights at the point of underwriting.

Source: Coverager — Read MoreCytoraAltitude Intelligence

Partnership

Aon Partners with SecurityScorecard

Aon announced a collaboration with cybersecurity ratings company SecurityScorecard. SecurityScorecard’s risk management capabilities will be offered to clients to complement Aon’s CyQu platform, a patented global engine that delivers actionable data for better decision-making.

Source: Coverager — Read MoreAonSecurityScorecard

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