INSURANCE INDUSTRY NEWS

Cyber Remains Top Business Risk, A.I. Rises To Second Place: Allianz Risk Barometer
Cyber incidents made frequent headlines in 2025 and are still the top concern for companies globally in 2026, according to the Allianz Risk Barometer. The past year has also seen accelerated adoption of artificial intelligence, which rose to take second place as a complex source of operational, legal, and reputational risk for businesses. Read more.

Lemonade Unveils Autonomous Car Insurance
Lemonade, the digital insurance company powered by AI and social impact, is pleased to announce the launch of Lemonade Autonomous Car insurance, a first-of-its-kind product designed specifically for self-driving cars, starting with Tesla FSD. Read more.

Trufla Launches Policy Administration Services Arm
Trufla is officially launching PolicyPro, a dedicated offshore back-office and policy administration service designed to help insurance brokerages reduce operational strain and refocus licensed staff on clients, retention, and growth. Read more.

Quebec Startup Takes On Blind Spot In Insurance Brokerage
Broker-Intelligence is pleased to officially announce its launch. Founded by insurance industry professionals, this Quebec-based startup introduces an innovative platform that combines artificial intelligence with human expertise to help property & casualty insurance brokerages improve strategic decision-making, compliance and risk management. Read more.

HUNTERS Advances Digital Transformation With Acturis
Acturis, the leading technology provider to the general insurance industry, is excited to announce its partnership with HUNTERS International Insurance. The Toronto-based broker opted to migrate to Acturis to leverage next-generation technology delivered by the Acturis platform. Read more.

CyberCube Forecasts “AI Reality Check” Amid Rapid Change In Cyber Insurance
Artificial Intelligence will continue to dominate boardroom conversations, not just as an enabler, but as a disruptive force that reveals who has embraced disciplined adoption and who risks falling behind, according to a new CyberCube report. Read more.

A.I. Now Shapes Consumer Decisions Even Before Shopping Begins: IBM-NRF Study
Generative AI is reshaping the first steps of our shopping experience before we ever click “buy.” A new global study from the IBM Institute for Business Value and the National Retail Federation almost half of surveyed consumers turn to artificial intelligence for help during their buying journeys. Read more.

WTW Announces Partnership With Bettercomp
WTW, a leading global advisory, broking and solutions company, and Bettercomp, a market leader in compensation benchmarking software, are pleased to announce a strategic partnership. Read more.

Halpenny Acquires Windley Ely Creating A New Canadian Leader In Corporate Insurance, Risk Management & Claims Advisory Services
Halpenny Insurance Brokers is pleased to announce the acquisition of Windley Ely, a nationally respected leader in workers' compensation claims management, disability programs & workplace safety solutions. This strategic partnership brings together two organizations with deep expertise, integrity and proven track records of exceptional customer service standards. Read more.

Insurance Telematics Outlook Through 2029
ResearchAndMarkets.com is pleased to announce the 9th Edition of its Insurance Telematics in Europe and North America strategy report, analyzing the latest developments in the insurance telematics market and providing 220 pages of unique business intelligence including 5-year industry forecasts and expert commentary on which to base business decisions. Read more.

Non-Life Run-Off Insurers Illustrate Changing Reinsurance Landscape
The role of companies specializing in run-off transactions has morphed into being a key strategic capital partner for the insurance sector, helping companies to optimize capital, simplify operations and refocus on core business, according to a new AM Best special report. Read more.

Majesco Closes Acquisition Of Vitech
Majesco is pleased to announce the close of its previously announced acquisition of Vitech, a provider of cloud-native pension and benefits administration solutions. The transaction expands Majesco's leadership into the Group & Benefits and Pension & Retirement segments and strengthens its position as the category leader for next-generation core platforms. Read more.

In the InsurTech Spotlight this week:

Kayna
Providing technology and data orchestration between insurance carriers, brokers, and any vertical SaaS platform, Kayna drives top-line growth for vertical SaaS providers while providing relevant insurance to under-served small to mid-size businesses. Kayna's platform for embedded insurance distribution enables businesses to track relevant data changes, empowering insurers and brokers to conduct real-time reviews of insurance coverage and adapt policies as needed. Learn more.

Calling all InsurTechs! Click here to participate.

Featured job opportunities:

Financial Security Advisor, Insurance
RBC
Montreal, QC

Customer Success Manager
iPipeline
Burlington, ON

From Doug Autonomous Vehicles and Insurance The rollout of robotaxis is gaining speed in the US. As the leader in 2025, Waymo entered Austin and Atlanta, joining Phoenix, San Francisco and Los Angeles. It plans to enter ten new cities in 2026 and is testing in eight more. In late 2025, Waymo had 2,500 robotaxis in service, offering 450,000 paid rides per week. However, Waymo is not profitable. As it expands, it is cutting costs through cheaper vehicles, optimizing daily vehicle use, OEM licencing, etc. Safety Based on data through late 2025 covering 100M+ driverless miles, the Waymo Driver significantly outperforms human benchmarks: a 90% reduction in crashes that lead to serious injury or death, 82% fewer airbag deployment crashes, and 81% fewer injury-causing crashes, compared to human drivers. Lemonade has launched Lemonade Autonomous Car Insurance, a first-of-its-kind product designed specifically for self-driving cars, starting with Tesla. It cuts per-mile rates for FSD-engaged driving by approximately 50%; as technology improves, the reduction could increase. Conclusion The announcement from Lemonade, even as a first-mover marketing announcement, reinforces the trickle-through value to insurance costs of new technologies in the automotive space. And it probably applies to many other types of insurance as well. Doug Grant, CIP Partner Insurance-Canada.ca