CoverGo Raises $6M Series B1 to Scale AI Insurance Platform
Global InsurTech provider CoverGo has secured US$6 million in the initial close of its Series B1 round led by Betatron Venture Group. Having reached EBITDA breakeven and grown revenue tenfold since 2022, the company plans to expand its AI insurance platform across distribution, policy administration, and claims. Global insurance technology
PHP2Shell Flaws Test Cyber Insurance Risk Models and Policy Triggers
Active exploitation of the critical PHP2Shell web vulnerabilities has put cyber insurers, brokers, and policyholders on high alert. As governments order rapid patching and precautionary system shutdowns, claims specialists and rating agencies warn of complex coverage disputes over business interruption waiting periods, patching warranties, and potential spillover into directors and
Contour Underwriting Taps KYND for Global Cyber Insurance Analytics
Contour Underwriting has appointed cyber risk intelligence provider KYND to support the launch of its global cyber insurance proposition. By embedding real-time cyber risk analytics from day one, the underwriting agency aims to move beyond static renewal questionnaires, strengthen broker collaboration, and improve risk visibility across small and medium-sized enterprises.
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