The Ticker

Rolls out Climate Spotlight tool that helps policyholders identify and mitigate climate risks and enhance resilience. The tool is equipped with four different climate change scenarios modeled out to the year 2100 to predict long-term climate risk exposure.

Partners with Marsh to develop a new insurance facility focused on carbon credit certificate coverage. The facility will use We2Sure’s CarbonActuator tool to weed out fraudulent or duplicative carbon credit certificates and will insure against the risk of purchasing counterfeit certificates, the sale of certificates for non-existent projects, and theft.

Acquired by digital payments firm Checkbook. Checkbook plans to integrate Sureti’s property insurance claim payout tool to its suite of digital payment systems. This tool cuts loss-of-use expenses through accelerating reconstruction by paying out restoration contractors ahead of work completion.

Releases its first product, which it describes as “California homeowners insurance that insures and fortifies properties to be resilient to wildfire.” Stand, which was launched last year by a team of Silicon Valley veterans, aims to develop novel insurance products to cover properties most at risk for climate-linked natural catastrophes. It has raised $30 million to date.

Joins with MGA Coterie Insurance to expand business owners policy coverage options across the United States via digital marketplace.

Raises $17 million in Series B funding round, led by Aquiline. The pharmacy benefit navigation firm has now raised $42 million.

Raises $20 million in Series C funding, led by The Lightsmith Group. The marine cargo-focused supply chain risk insurer says it will use the funds on growth initiatives.

Raises $55 million in equity funding, led by Springcoast Partners. The supply chain risk management firm will use the funds for AI development and to support future acquisitions.

Secures $30 million from Vistara Growth to accelerate growth of Matic’s embedded insurance platform for mortgage servicers, banks, and other financial entities.

Functioning as a stand-alone business within the Fairfax Group as of Jan. 1, 2025. The firm was Lloyd’s first digital follow syndicate when launched by Brit in 2020. More than $1 billion of GWP was written through its platform in 2024.