Exits

How the coronavirus will affect different segments of the FinTech industry

As COVID-19 rages on across the world, the affects on the FinTech segment of the economy is already letting itself be known.

FinTech unicorns and startups to face a coronavirus-created “vicious cycle” that could slash their...

The global COVID-19 outbreak could worsen business and funding conditions as well as changing private FinTechs’ exit options, according to a new report.

Aon looks to boost cyber insurance operations with new deal

Aon, a risk, retirement and health solutions provider, has acquired Canadian cybersecurity platform Cytelligence.

CFC acquires cyber insurance underwriter

Specialist insurance provider CFC has acquired ThreatInformer, a provider cyber insurance underwriting, broking and reinsurance.

Sedgwick acquires SaaS developer to boost insurance restoration contracting services

Sedgwick, a technology-enabled risk, benefits and integrated business solutions, has acquired SaaS solution developer G&E Enterprises for an undisclosed amount.

Insurity acquires fellow InsurTech platform SpatialKey

Data analytics platform for insurance brokers Insurity has acquired SpatialKey, a geospatial analytics and data enrichment hub, for an undisclosed amount.

Sapiens acquires InsurTech sum.cumo in €28.4m deal

InsurTech provider Sapiens International Corporation has bought a German startup to boost its digital offering and to push further into Germany, Austria and Switzerland.

Verisk will acquire InsurTech company FAST for $193.5m

Data analytics provider Verisk have signed a definitive agreement to buy FAST, a software company for the life insurance and annuity industry, for $193.5m

Hippo to offer home maintenance services after Sheltr acquisition

Hippo has released its protective home maintenance services following the acquisition of Sheltr, a platform that helps homeowners take care of their homes.

Private equity firm Tailwind Capital acquires risk management platform Ventiv

Mid-market private equity firm Tailwind Capital has acquired Ventiv Technology, a global software provider of integrated risk management solutions.

News Stories

Korint, a rising InsurTech company, has secured €5m in a funding round to boost the rate of digital transformation within the insurance industry.

InsurTech Korint lands €5m to drive insurance digitalisation

Korint, a rising InsurTech company, has secured €5m in a funding round to boost the rate of digital transformation within the insurance industry. The tranche...
Demex Group, a risk analytics and intelligence company specialising in stop-loss reinsurance protection, has secured $10.25m in funding through a Series A and previous SAFE round.

Reinsurance innovator Demex Group raises $10.25m in Series A

Demex Group, a risk analytics and intelligence company specialising in stop-loss reinsurance protection, has secured $10.25m in funding through a Series A and previous SAFE round.
Insurity has partnered with Gain Life to become the first major claims system to offer a fully integrated claims communication platform.

Insurity and Gain Life to offer AI-driven claims communication for insurers

Insurity has partnered with Gain Life to become the first major claims system to offer a fully integrated claims communication platform.
First Connect Insurance Services has announced a new partnership with Root Insurance to offer API-powered quote and bind capabilities to independent insurance agents.

First Connect partners with Root Insurance to launch API-powered auto insurance platform for agents

First Connect Insurance Services has announced a new partnership with Root Insurance to offer API-powered quote and bind capabilities to independent insurance agents.
Hakbah, a Saudi-based FinTech platform focusing on digital savings, has announced a new partnership with Tawuniya to revolutionise the savings experience for Saudi citizens.

Hakbah partners with Tawuniya to revolutionise the savings experience for Saudi citizens

Hakbah, a Saudi-based FinTech platform focusing on digital savings, has announced a new partnership with Tawuniya to revolutionise the savings experience for Saudi citizens.

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