Industry News

Nirvana

AI insurer Nirvana raises $100m to see value surge to $1.5bn

Nirvana Insurance, an AI-native commercial insurer, has secured $100m in a pre-emptive extension to its Series D funding round, pushing its valuation to $1.5bn. The...

M3 Insurance selects SimplePin to overhaul finance operations

M3 Insurance, one of the largest independent insurance brokers and risk management firms in the United States, has chosen the FinTech company SimplePin to...

SageSure appoints John Sence as chief sales officer

SageSure has appointed John Sence as chief sales officer, as the firm looks to deepen its relationship with producers in catastrophe-exposed markets. The appointment brings...
Climate change and European insurance balance sheets

Climate change and European insurance balance sheets

Ortec Finance has published its 2025 update on climate risk for the European insurance industry, following the release of its inaugural assessment last year. The update...
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What is the current state of risk in the finance and insurance sector?

FinTech Global recently sat down for an interview with Dun & Bradstreet, a US-based provider of commercial data, analytics, and insights for businesses, to find out how financial services and insurance companies are navigating risk in an age of AI, fraud and uncertainty.
Why underwriting workbenches are transforming insurance

Why underwriting workbenches are transforming insurance

For decades, the underwriting process has been slowed by labour-intensive tasks, disjointed systems, and repetitive manual work. Traditional methods often require underwriters to gather information...
Dun & Bradstreet reveals 2025 resilience trends

Dun & Bradstreet reveals 2025 resilience trends

A new survey by Dun & Bradstreet has uncovered how financial services and insurance (FS&I) leaders are confronting rising threats and data challenges while pursuing AI and digital transformation.

Westfield adopts Insurwave platform for risk management

Insurwave has announced that Westfield Specialty International (Westfield) and its syndicate at Lloyd’s have joined as new clients. The collaboration arose from Westfield’s strategic aim...

Breaking through the efficiency plateau: How insurers can unlock the next wave of productivity...

Over the past decade, insurers have poured money and effort into digital. Core policy systems have been upgraded, portals rolled out, mobile apps launched....

Turning AI promise into business performance

Artificial intelligence (AI) has moved from hype to boardroom priority in financial services and insurance, but the challenge now lies in translating potential into...

News Stories

insured.io, an InsurTech company specialising in omnichannel customer experience technology for insurers, has launched a new AI-powered virtual claims agent designed to automate the First Notice of Loss (FNOL) process across voice and chat channels.

insured.io rolls out omnichannel Claims AI solution

insured.io, an InsurTech company specialising in omnichannel customer experience technology for insurers, has launched a new AI-powered virtual claims agent designed to automate the...
Outmarket AI, an InsurTech company developing AI software for insurance brokers and agencies, has raised $17m in a Series A funding round led by Permanent Capital Ventures.

Outmarket AI lands $17m to expand insurance platform

Outmarket AI, an InsurTech company developing AI software for insurance brokers and agencies, has raised $17m in a Series A funding round led by...

How IntellectAI’s Magic Placement fights broker E&O risk

IntellectAI is pulling back the curtain on the technology driving its Magic Placement platform, as the InsurTech firm looks to address the persistent pain...
Incept, an algorithm-driven InsurTech, has entered into an underwriting agreement with Fortegra to support the launch of its digital title insurance solution in the UK.

Incept partners with Fortegra for UK property insurance

Incept, an algorithm-driven InsurTech, has entered into an underwriting agreement with Fortegra to support the launch of its digital title insurance solution in the...
Single-tie life insurance distribution models are eroding consumer trust and reducing demand for protection products, according to London-based insurer LifeSearch.

Insurers risk lost sales from single-tie distribution models

Single-tie life insurance distribution models are eroding consumer trust and reducing demand for protection products, according to London-based insurer LifeSearch. The findings, from its forthcoming Distribution...
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