Company News

The auto finance market is under intense pressure from rising interest rates, economic instability, and changing consumer behaviours. These challenges are compressing margins and making it harder for lenders to maintain profitability. As volatility grows, many auto finance firms are turning to advanced analytics platforms like Earnix to help them optimise pricing strategies, understand customer behaviours, and manage risk more effectively.

Shin Kong Vietnam, the regional arm of Taiwan’s Shin Kong Life, and PVI Insurance, one of Vietnam’s leading non-life insurance providers, have entered into a strategic partnership to accelerate digital transformation in the nation's insurance sector.

TBC Uzbekistan, a subsidiary of the London-listed TBC Bank Group, has unveiled a fully digital insurance product as part of its fast-growing financial ecosystem.

Pro Global, a specialist consultancy and trusted advisor to the insurance industry, has launched Audit-Tech: Vendor Assurance, a new technology-driven service designed to help insurers manage third-party risks more confidently and efficiently.

INSTANDA, a global policy administration and distribution platform for the insurance industry, has unveiled a comprehensive rebrand to underline its transition from InsurTech startup to a trusted partner for insurers and managing general agents (MGAs) across the globe.

Leaf Insurance, a Denmark-based InsurTech startup, has raised €1.74m in a recent funding round.

Zurich Insurance Group, a global multi-line insurer headquartered in Switzerland, has announced it will acquire BOXX Insurance Inc., a Toronto-based global cyber InsurTech known for its integrated cyber insurance and protection solutions.

Arch Insurance North America, a prominent specialty insurer known for its innovative property and casualty solutions, has appointed Jeff Kaufmann as executive vice president, head of marine.

LexisNexis Risk Solutions, a global leader in risk data analytics, has joined forces with Kia Europe, a prominent automotive manufacturer, to launch an InsurTech partnership focused on personalised insurance offerings.

Earnix, a leading Dynamic-AI platform for insurance, specialising in intelligent pricing and rating solutions, has announced the release of its new PolicyCenter v10 accelerator.