On August 26, 2025, a non-binding memorandum of understanding (MoU) was signed between WeSure Global Tech and Technology Insurance Company Inc. (TIC), a subsidiary of the American insurance group AmTrust. This follows the July report on WeSure Technologies USA (WUS) signing an agreement with Hourly, Inc. to acquire 100% of Hourly’s issued and outstanding share capital. The report notes that AmTrust Group is an interested party in the company, currently holding about 15% of the company’s issued and outstanding share capital and about 30% of the issued and outstanding share capital of its subsidiary. According to the MoU, subject to…

At-Bay, the InsurSec provider for the digital age, today announced that AM Best has reaffirmed At-Bay Specialty Insurance Company’s Financial Strength Rating (FSR) of A- (Excellent) with a “Stable” outlook. The reaffirmation reflects AM Best’s confidence in At-Bay’s very strong balance sheet, disciplined underwriting strategy, and continued focus on operational excellence. The rating follows AM Best’s annual review and underscores At-Bay’s ability to meet its ongoing insurance obligations. At-Bay’s unique InsurSec approach—combining cyber insurance with proactive cybersecurity and incident response—has positioned the company as a forward-thinking carrier in a complex risk environment. “At-Bay is purpose-built to address one…

Powering Faster, Smarter Insurance Distribution, Together with Herald At Joshu, we’re on a mission to help insurers bring new products to market faster, with less friction, fewer IT bottlenecks, and more control in the hands of insurance professionals. ‍ Recently, we announced a new partnership with Herald, a leader in commercial insurance APIs. Together, we’re combining our strengths to offer carriers, MGAs, and insurtech platforms a seamless, end-to-end solution for launching and distributing digital insurance products at unprecedented speed. ‍ The Challenge: Digital Distribution Hasn’t Been Easy Traditionally, launching a new insurance product has been a long, fragmented process. Building the…

Sapiens International Corporation N.V. (NASDAQ: SPNS) (TASE: SPNS), “Sapiens” or the “Company”), a global leader in intelligent SaaS-based software solutions to the insurance industry, today announced that it has entered into a definitive agreement (the “Agreement”) to be acquired by Advent, a leading global private equity investor, for $43.50 per common share, in an all-cash transaction that values Sapiens at an equity value of approximately $2.5 billion. Existing Sapiens shareholder Formula Systems (1985) Ltd. (“Formula”) will retain a minority stake in the Company. Strategic Rationale and Benefits This strategic combination marks a significant milestone in Sapiens’ journey, enabling the company to accelerate its innovation…

Global insurtech bolttech announced the formation of its newly established Advisory Board, an external panel of experts, thought leaders, and industry specialists, to provide bolttech’s leadership with high-impact strategic advice and insights to support the company in its next stage of growth. The Advisory Board comprises eight experts from varied industries and backgrounds, including insurance, private equity, venture capital, professional services, and more, each bringing extensive experience and expertise to the table: Dawn Miller, Chief Commercial Officer, Lloyd’s and CEO, Lloyd’s Americas Edouard de Lamarzelle, Former CEO, Stellantis Insurance Felipe Fernandez Atela, Chairman & CEO, AdeA Information Intelligence Gaurav Garg, Partner…

WeSure Global Tech has signed a non-binding memorandum of understanding to acquire a small U.S. insurance group, which includes the American insurer U.S. Insurance Company of America (USICOA), for approximately $6.5 million. According to WeSure, the target group—founded in 2007—includes three wholly owned subsidiaries, the main one being U.S. Insurance Company of America, headquartered in the state of Illinois. The insurer operates across several U.S. states, primarily in property and liability insurance for small and medium-sized businesses. It also holds licenses to sell personal insurance, including auto and home insurance. In 2024, USICOA reported a profit of around $0.9 million…

Boston, MA, August 6, 2025 – Sapiens International Corporation (NASDAQ and TASE: SPNS), a leading global provider of software solutions for the insurance industry, and Earnix, a leading dynamic AI Platform for insurance provider, announced today the availability of the Earnix Price-It Connector for Sapiens IDITSuite for P&C core solution. The solution is tailored for insurers in EMEA and APAC. This innovative solution allows insurers to define products and build rates in Earnix, and seamlessly integrate them into modernised workflows in Sapiens IDITSuite’s PolicyMaster module. The partnership is designed to help insurers enhance pricing, rating, and policy management processes, by…

Earnix, a leading global provider of intelligent decisioning Software-as-a-Service (SaaS) solutions for regulated industries, is delighted to announce that it has been listed on the AIFinTech100 for 2025, for the second consecutive year running. The AIFinTech 100 ranking is produced by FinTech Global and highlights the top players who are blazing a trail with AI technologies in the financial sector to foster both innovation and efficiencies. Earnix was selected by a panel of experts and analysts, based on research produced by FinTech Global on over 2,000 FinTech companies. A full list of the AIFinTech100 and detailed information about Earnix is…

OKO, a pioneering ClimateTech and AgriTech company providing climate insurance for agricultural value chains in Africa, today announced it has secured a six-digit funding round led by Catalyst Fund, with participation from two existing investors. This new capital will accelerate OKO’s commercial growth – already active in several multi-country partnerships with financial institutions and agro-industries – and reinforce its mission to build economic resilience for millions of African farmers facing climate shocks. The announcement follows OKO’s selection as one of 22 African startups in the fourth cohort of the Visa Africa Fintech Accelerator Program. With operations spanning Côte d’Ivoire, Mali,…