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InsurTech funding hit record levels in 2020 but can this level of investment continue?

Despite the troubled global situation, the InsurTech sector managed to continue its yearly growth and hit a new record for annual investment volume.

Why the 34 FinTech rounds raised last week paint a bittersweet picture for cybersecurity...

InsurTech and cybersecurity companies were among the 34 FinTech companies that raised money last week, but Covid-19 continues to haunt the industry.

How Life.io is helping life insurers to engage with customers and drive policy adoption

It is tough to show consumers the benefits of having life insurance, but insurers need to change their engagement strategies to encourage adoption, according to Life.io founder and CEO Jon Cooper.

What will the biggest trends in InsurTech be in 2021?

With the year coming to an end, it is time to look ahead into 2021 and predict where the market is headed.

What did 2020 mean for these InsurTechs

The Covid-19 pandemic has been an unprecedented global challenge that no one could have predicted. While there were a lot of companies hitting troubled times, there have also been those doing very well during the pandemic.

How has insurance changed from Covid-19?

Covid-19 has become a part of normal life, and insurance has changed in more ways than just having a remote workforce.

What will Brexit mean for UK FinTech?

The UK is home to one of the world's most thriving FinTech and RegTech communities, but Brexit has raised concerns about whether the future of the ecosystem is at risk.

How to fix the issues of gamification in insurance

For consumers to really interact with gamified services within insurance, it needs to be better interlinked with their daily lives.

Who are the long-term and short-term winners in insurance following the coronavirus pandemic?

While Covid-19 has caused InsurTech investment to plummet, the market will see both short-term and long-term winners.

Why AI development is crucial for business stability during the pandemic

Insurance companies looking to neglect their AI development in favour of business stability could see themselves “perish”, according to dacadoo president and CEO Peter Ohnemus.

News Stories

InsurTech startup Pibit AI, which builds AI-powered underwriting technology for insurers, has secured $7m in fresh funding as it looks to accelerate development of its platform and expand its team.

Pibit AI raises $7m to boost insurance platform

InsurTech startup Pibit AI, which builds AI-powered underwriting technology for insurers, has secured $7m in fresh funding as it looks to accelerate development of...
HawkSoft, a long-standing provider of agency management systems for insurance professionals, has formed a strategic partnership with Liberate, an AI automation firm dedicated to building voice-driven tools specifically for the insurance sector.

HawkSoft and Liberate bring Voice AI to insurance agencies

HawkSoft, a long-standing provider of agency management systems for insurance professionals, has formed a strategic partnership with Liberate, an AI automation firm dedicated to...
Staysure, a leading travel insurance provider, has officially launched its suite of tailored travel insurance products in the Republic of Ireland, marking the company’s first major expansion beyond the UK.

Staysure brings trusted travel insurance to Irish market

Staysure, a leading travel insurance provider, has officially launched its suite of tailored travel insurance products in the Republic of Ireland, marking the company’s...
openIDL, an initiative of the Linux Foundation, dedicated to modernising and standardising insurance data across the global market, has launched the industry’s first free and open production-ready insurance data standard.

openIDL unveils first open insurance data standard

openIDL, an initiative of the Linux Foundation, dedicated to modernising and standardising insurance data across the global market, has launched the industry’s first free...
The insurance underwriting process has long been defined by complexity, delays, and manual tasks that slow decision-making. Traditional methods have relied heavily on fragmented systems, duplicated data entry, and email-based communication, leaving underwriters with limited time to properly assess risks. As carriers push for greater speed and accuracy, the industry is steadily turning to digital tools that reimagine how underwriting actually works, according to IntellectAI.

Inside the rise of digital underwriting workbenches

The insurance underwriting process has long been defined by complexity, delays, and manual tasks that slow decision-making. Traditional methods have relied heavily on fragmented...

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