This Week’s Top 5 InsurTech Stories

How is Comeryx Funding Helping Small Businesses?

Comeryx, an AI-native and fully digital Managing General Agent (MGA), has officially launched following the closure of a US$7.5m funding round. The investment was led by Altai Ventures, with further participation from American Family Ventures, Intact Ventures, Boulder Ventures, Arch Capital Group Ltd. and Echelon.

The new entrant aims to tackle a persistent structural issue within the insurance market: while the small business sector represents an opportunity exceeding US$100bn, both brokers and carriers frequently struggle to serve these accounts profitably.

This is primarily due to manual, time-intensive underwriting processes that often outweigh the value of the premiums involved.

Dax Craig, Co-Founder and CEO of Comeryx notes: “Wholesale and retail agents often avoid small policies because carriers and MGAs utilise manual underwriting at a cost that is out of line with small premiums.

"With Comeryx, we are bringing the AI-native infrastructure and disciplined underwriting necessary to serve this large market with the speed and ease brokers need to be profitable.”

About FIS' Gen AI Assistant for Insurance Risk Suite

Actuaries spend a substantial amount of their time searching for information buried in technical documentation on risk modelling. Global financial technology leader FIS is changing that with the launch of its Insurance Risk Suite AI Assistant, a generative AI tool that instantly answers complex questions about building and maintaining risk models – in any language.

The tool arrives at a critical juncture for the industry.

As climate volatility drives unprecedented claims patterns and cyber threats reshape risk portfolios, insurers need faster, more accurate modelling to stay ahead. Traditional actuarial processes cannot keep pace with risks that evolve daily rather than quarterly.

"Businesses need powerful modelling, risk management and reporting tools to accurately quantify their exposure and keep their money hard at work,” says J.P. James, Group President, Office of the CFO at FIS. 

“But as these risks become more interconnected and harder to predict, actuaries also need tools that don't slow them down. By embedding AI assistance directly into our Insurance Risk Suite, we're giving actuaries more time to focus on what truly matters: accurately quantifying, reporting, managing and mitigating risk."

Chantal Van Wulpen, Head of Travel Insurance Commercial Strategy at Trust Travel

Trust Travel and Qover: Partnering for Embedded Protection

Trust Travel, a key player in the TUI Belgium portfolio, is leveraging Qover’s orchestration platform to embed insurance products directly into the point of sale.

The move aims to simplify the often cumbersome process of acquiring travel protection by offering relevant cover at the moment of booking.

Seamless digital orchestration

By utilising Qover’s technology, Trust Travel provides a streamlined experience that spans the entire policy lifecycle. The integration allows customers to view coverage details, receive digital documentation and manage claims through a unified interface.

This approach reduces operational friction for the brand while ensuring customers have a clear understanding of their protection.

The new suite of products includes cancellation insurance, medical assistance and luggage cover. These are available as both temporary and annual policies, designed to mitigate the risks associated with unexpected changes to travel plans.

Quentin Colmant, CEO & Co-Founder at Qover, says: “Trust Travel and TUI Belgium set a high bar for customer experience in travel.

"Embedding protection into the booking flow means travellers get the cover they need without leaving the journey. In that way, we enable Trust Travel to deliver a digital-first experience from purchase to claim.”

Generali Launches Software Factory to Scale Core Platform

Generali has announced the launch of Generali Core Tech, a new Group software factory designed to advance its technological transformation.

The move is a central component of its strategy plan by building scalable, shared and innovative platforms that support business growth and help deliver consistently higher value to customers and partners.

By centralising its development capabilities, the insurer aims to deliver higher value to its customers and partners through a more integrated digital infrastructure.

“We are excited to launch Generali Core Tech as a further example of our focus on group synergies and technological transformation as part of the ‘Lifetime Partner 27: Driving Excellence’ plan," says David Cis, Group Chief Operating Officer at Generali.

"Generali Core Tech, together with RGI, will continue to evolve the ‘Insurance in a Box’ platform shared across multiple business units. 

“This will allow us to strengthen our leadership in key skills development, and support local teams in new systems development, and strengthen the use of AI in radically changing software development processes.”

Top 10: Digital Brokers

The InsurTech landscape has shifted from simple lead-generation websites to sophisticated, data-driven ecosystems that handle the entire insurance lifecycle digitally. 

The modern digital broker is no longer just an intermediary but a technology partner that utilises AI-driven underwriting, real-time risk assessment through IoT and seamless API integrations to provide embedded insurance at the point of sale.

These platforms have effectively bridged the gap between traditional risk management and the high-speed demands of the digital economy, offering everything from on-demand gig worker coverage to hyper-personalised commercial fleet policies.

The leading players in this space are defined by their Platform-as-a-Service (PaaS) capabilities, allowing them to ingest massive datasets from telematics, satellite imagery and social behaviour to price risk with unprecedented accuracy. 

As we move deeper into 2026, the focus has pivoted toward "predict and prevent" models, where digital brokers use predictive analytics to alert policyholders of potential losses before they occur. 

This evolution has democratized access to complex commercial lines for small businesses and provided global enterprises with a unified, transparent view of their risk exposure across multiple jurisdictions, all while drastically reducing the friction of claims processing through automation and blockchain-verified smart contracts