Our Scans · (FS.8.04) Insurtech · Weekly Summary

• [New] The insurtech landscape in 2025 will be defined by further innovation and integration of advanced technologies, evolving regulatory frameworks, and shifting consumer expectations. Fenwick
• The insurtech sector is poised for continued growth and transformation in the coming years, with potential for significant impact on the broader insurance landscape. The Digital Insurer
• AXA XL's Nguyen highlights that the insurance sector is in flux due to technological advancements, evolving customer expectations and the emergence of new risks. Insurance Business
• Nationwide's partnership with Resideo Technologies illustrates how insurers can leverage IoT to mitigate risk proactively. CapGemini
• The insurance industry is undergoing a fundamental transformation in 2025, shaped by technology, evolving risks, and changing consumer expectations. Insurance Specialists
• With advancements such as parametric insurance, bespoke policies, and the integration of cutting-edge technologies, insurance plays a pivotal role in helping businesses and individuals mitigate risks more effectively in 2025. Risk Management Strategies
• From AI-driven innovations to shifts in coverage strategies and the rise of alternative insurance models, the P & C insurance industry in 2025 is set to evolve in response to consumer needs, climate risks, and technological advancements. ProgramBusiness | Where insurance industry clicks
• As Australia's technology sector adapts to evolving risks and opportunities, businesses must take proactive steps to manage insurance and compliance challenges. Insurance Business
• Technology will help get insurance into the hands of more Nigerians and address some of the issues that are fuelling distrust in insurance products. Business Post Nigeria
• The U.S. Bureau of Labor Statistics projects a 6% growth rate in risk management and insurance employment through 2029 which is leveraging the demand for professionals and technologies that can navigate evolving risk landscapes. Market Data Forecast
• As businesses and individuals face new challenges in 2025 and beyond, the insurance industry's ability to leverage technology, data, and customer-centric approaches will be crucial in mitigating risks and fostering resilience. Risk Management Strategies
• Cyber risk specialist Resilience has launched its technology errors and omissions (Tech E & O) insurance product in the UK and Europe, offering protection for technology firms operating at scale. Insurance Business
• As the global insurance sector faces both the opportunities and challenges posed by new technologies like AI, Clyde & Co predicts that 2025 will see an increase in dealmaking driven by technology considerations, including cyber resilience. ReinsuranceNe.ws
• As economic pressures, technological advancements and emerging global challenges reshape the landscape, businesses are increasingly looking to the insurance industry not just for coverage, but for strategic support in managing complex and evolving risks. Insurance News
• Projected to reach $1.4 trillion in revenue in 2025, the health insurance industry is a rapidly evolving space requiring businesses and individuals to adjust to changes in regulations, technology, and economic pressures. Thatch
• A new report on Australia's insurtech industry has identified barriers to investment and adoption, suggesting that greater financial backing from insurers and private sector investors could help accelerate innovation and improve risk management. Insurance Business
• Businesses must rethink their approach to risk management, leveraging emerging technologies and innovative insurance products to stay resilient in an unpredictable world. Big News Network.com
• The UK and Australia have established a joint initiative to support insurance technology companies seeking expansion opportunities in both markets. Bizclik Media Ltd
• Bupa is strengthening its focus on the use of key disruptive technologies to streamline its operations, improve customer service and offer digitally enabled insurance policies. Market Research Reports & Consulting | GlobalData UK Lt
• The insurance industry is set for significant shifts in 2025, driven by economic recovery, technological innovation, and evolving risk landscapes. ProgramBusiness | Where insurance industry clicks
• Pula Foundation, an African insurtech company, has received a €10 million grant from the Bayer Foundation to expand access to climate risk insurance for 10 million smallholder farmers by 2030. Insurtech Insights

Last updated: 26 June 2025