Applied Systems has acquired London-based insurtech Cytora, a digital risk digitization platform for commercial insurance. The acquisition boosts Applied’s AI capabilities across workflows for carriers, agencies, and brokers.
Source: Insurance Innovation Reporter — Read More
CLARA Analytics introduced Intelligence-as-a-Service (IaaS), a data-driven analytics platform to improve claims outcomes. It leverages a claims AI dataset of bodily injury cases across workers’ compensation, auto liability, and general liability.
Source: Insurance Innovation Reporter — Read More
Bolt rolled out tools to help P&C agencies streamline workflows and improve engagement, including Proactive Renewals to detect rate hikes and trigger outreach.
Source: Insurance Innovation Reporter — Read More
Paris-based insurer Seyna raised €10 million, bringing total funding to €57 million. Founded in 2019, Seyna is the first independent insurer approved by the ACPR for P&C in France since 1983.
Source: Insurtech Insights — Read More
Pathwork secured a $3.5 million seed round led by Costanoa. Founded in 2024, Pathwork aims to modernize life and health distribution with intelligent systems that help brokers and carriers quote more accurately and improve CX.
Source: Insurtech Insights — Read More
Allianz X announced a strategic equity investment in Coterie Insurance, alongside an expanded reinsurance relationship between the two parties.
Source: Coverager — Read More
