Alan Completes €100M Funding Round
Digital health insurer Alan completed a €100 million round at a valuation above €5 billion after reaching €785 million in annual recurring revenue and profitability in France.
Weekly News Roundup
Top Headlines from Mar 8–15, 2026
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6
Stories
2
Funding Rounds
1
Acquisition
Gen Acquires Trellis
Gen acquired insurance marketplace Trellis to expand the insurance capabilities of Engine, its financial wellness marketplace, adding AI-powered insurance shopping and embedded distribution to its platform.
Neptune Flood Launches a ChatGPT App
Neptune Flood launched a ChatGPT app that lets property owners receive real-time preliminary flood insurance quotes conversationally, extending digital distribution and simplifying access to coverage information.
Source: Read More • Neptune Flood
Manulife Selects Akka for Agentic AI
Manulife selected Akka to help operationalize agentic AI within its enterprise platform, aiming to strengthen security, reliability, and performance as AI expands into critical workflows.
Socotra Assistant Becomes Generally Available
Socotra made its AI underwriting product, Socotra Assistant, generally available to all customers, positioning itself as the first insurance core platform with generally available AI underwriting support.
Loxa Closes £2.7M Seed Round
Embedded insurance firm Loxa closed a £2.7 million seed round to scale its platform across Europe, supporting retail distribution and insurer access to digital embedded channels.
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