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2026 Juuly 27 - Aug 2
Weekly News Roundup

Top InsurTech Headlines from July 27– August 2, 2026

Curated by InsurTech NY • Sources: official company announcements and industry reporting
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7 Top Stories
$4B Reported Valuation
$128B U.S. MGA Premium
Developing Story

Corgi’s Valuation Reportedly Hits $4 Billion After a Fundraising Blitz

Commercial insurance startup Corgi reportedly raised another round at a valuation of approximately $4 billion, marking its third financing in roughly eight weeks. The reported valuation would represent another sharp increase for the company following its earlier Series B and Series B1 rounds.

Source: TechCrunchCorgi

Strategic Investment

MAPFRE Takes a 38.9% Stake in Digital Insurer Tuio

MAPFRE agreed to acquire 38.9% of Spanish digital insurance company Tuio through a direct share purchase and capital increase. The investment is intended to support Tuio’s expansion while strengthening MAPFRE’s position in digital insurance distribution.

Source: MAPFREReinsurance News

Acquisition

Cover Genius Acquires Friendsurance to Expand European Bancassurance

Cover Genius acquired Friendsurance, the Berlin-based digital bancassurance platform serving banks and insurers. The deal combines Cover Genius’s global embedded-protection infrastructure with Friendsurance’s regulatory expertise and bank-focused technology in Germany and the wider European market.

Source: Cover GeniusFriendsurance

Claims Operations

IAG Tests Voice Agents for Claims Surges and Natural Disasters

IAG is working with OpenAI to explore voice-based customer agents for insurance claims. The insurer plans to examine how the technology could handle simpler claim calls and add service capacity during severe weather events and other periods of unusually high demand.

Source: iTnewsOpenAI PresenceIAG

Industry Report

Conning Estimates the U.S. MGA Market at $128 Billion

Conning estimated that U.S. MGA premium reached approximately $128 billion in 2025. Statutory filings showed $102.6 billion in direct premium written, up 12% from 2024, while Conning’s broader estimate also incorporates Lloyd’s business and other premium not fully reflected in statutory reporting.

Source: Conning

Funding

Allianz Backs Dili’s $15 Million Infrastructure Compliance Round

Dili raised $15 million in Series A funding led by Khosla Ventures, with Allianz among the participating investors. The company develops compliance software for energy, infrastructure, construction, and manufacturing projects, including payroll, apprenticeship, wage, and audit requirements.

Source: TechCrunchDili

Funding

Curant.ai Raises $3.1 Million for Disability Claims Operations

Curant.ai raised $3.1 million in seed financing led by Diagram, with participation from Humania Insurance, Element Ventures, Blue Plains Capital, and angel investors. Its initial focus is disability claims, where the platform extracts information from files, supports workflow automation, and leaves final decisions with insurance professionals.

Source: Curant.ai

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