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InsurTech News Oct 19
Weekly News Roundup

Top Headlines from Oct 13–19, 2025

Curated by InsurTech NY • Sources: Coverager, TechCrunch, bolttech

Funding

IRYS Raises $12.5 Million

Florida-based insurtech IRYS raised $12.5 million in seed funding led by Markd. Founded by CEO Margeaux Giles, IRYS is building an AI-native, integration-agnostic operating system that replaces traditional agency management and CRM systems for insurers and brokers.

Source: Coverager — Read More


Funding

Resistant AI Raises $25 Million

Resistant AI raised $25 million in Series B funding led by DTCP. The Prague-based company develops AI models that detect fraud across documents, transactions, and customer behaviors, and recently achieved profitability in September 2025.

Source: Coverager — Read More


Partnership

bolttech Partners with AXA Partners

AXA Partners and bolttech have entered a long-term partnership to deliver embedded insurance and assistance solutions across the EU, UK, and Switzerland. The collaboration aims to unlock new commercial opportunities for partners in telecom, finance, utilities, travel, and retail sectors.

Source: bolttech — Read More


Partnership

Synchrony Partners with Pumpkin

Synchrony Financial has partnered with Pumpkin Petcare to make it easier for pet owners to pay and get reimbursed for veterinary care. Pet parents can use their CareCredit card to cover vet expenses and receive reimbursements directly once claims are approved.

Source: Coverager — Read More


Funding

Liberate Bags $50 Million Series B

AI company Liberate raised $50 million in Series B funding at a $300 million valuation. Founded in 2022, Liberate helps insurers and agencies modernize operations with low-code tools that enable digital self-service experiences and AI-driven workflow orchestration across the insurance ecosystem.

Source: TechCrunch — Read More


Funding

MGT Raises $21.6 Million

Small business insurance carrier MGT Insurance closed a $21.6 million Series B round led by Mubadala Capital, with participation from Clocktower Ventures and Tacora Capital. The funding will fuel R&D, expand vertical AI capabilities, and grow its E&S business nationwide.

Source: Coverager — Read More

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