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

Swiss HealthTech dacadoo has partnered with Brazilian insurer Bradesco Vida e Previdência to launch a digital health engagement platform designed to enhance customer wellness and foster long-term policyholder engagement.

dacadoo to power Bradesco preventative health platform

Swiss HealthTech dacadoo has partnered with Brazilian insurer Bradesco Vida e Previdência to launch a digital health engagement platform designed to enhance customer wellness...
Ascend, a leading InsurTech, has agreed to merge with premium finance provider Honor Capital in a deal aimed at creating what the companies describe as the insurance industry’s first fully vertically integrated financial operations platform.

Ascend and Honor Capital merge for integrated insurance finance platform

Ascend, a leading InsurTech, has agreed to merge with premium finance provider Honor Capital in a deal aimed at creating what the companies describe...
MoneySuperMarket has added energy comparison services to its app on ChatGPT, allowing users to search for and compare tariffs directly through the AI platform.

MoneySuperMarket expands ChatGPT app with energy deals

MoneySuperMarket has added energy comparison services to its app on ChatGPT, allowing users to search for and compare tariffs directly through the AI platform. The...
Delays in US property and casualty insurance rate filings are costing insurers an estimated $72.8m per day, with most objections linked to preventable operational errors rather than disputes over pricing itself, according to new research from ZestyAI. 

Insurers lose $72.8m daily to filing delays

Delays in US property and casualty insurance rate filings are costing insurers an estimated $72.8m per day, with most objections linked to preventable operational...
Zurich Insurance has deployed Cytora’s AI-powered risk digitisation platform across five countries in just 90 days, cutting manual underwriting triage time by 80% as part of a wider global rollout.

Zurich cuts underwriting processing time with Cytora AI

Zurich Insurance has deployed Cytora’s AI-powered risk digitisation platform across five countries in just 90 days, cutting manual underwriting triage time by 80% as...
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