FinTech News

Deferred repairs pose $317bn threat to insurers

Deferred repairs pose $317bn threat to insurers

A new study from ZestyAI has found that over 60% of U.S. homeowners are postponing critical home maintenance, potentially exposing insurers to an eye-watering $317bn in claims.
Cytora boosts insurance efficiency with agentic AI

Cytora boosts insurance efficiency with agentic AI

Cytora has launched a new agentic AI-powered tool, Unified Risk Reasoning, which marks a major step forward in the full automation of risk workflows for insurance professionals.
In today’s competitive insurance landscape, claims handling is both a crucial service function and a major source of cost. Automation is now reshaping how insurers manage this process, and Comarch is actively exploring how insurers can reduce handling costs by as much as 30% through smart digital strategies.

How to reduce insurance claims costs by 30%

In today’s competitive insurance landscape, claims handling is both a crucial service function and a major source of cost. Automation is now reshaping how insurers manage this process, and Comarch is actively exploring how insurers can reduce handling costs by as much as 30% through smart digital strategies.
OneAdvent, a UK-based specialist MGA services platform, has announced a strategic alliance with Diesta to improve premium payment operations for MGAs on the OneAdvent platform.

OneAdvent partners with Diesta to power payments

OneAdvent, a UK-based specialist MGA services platform, has announced a strategic alliance with Diesta to improve premium payment operations for MGAs on the OneAdvent platform.
Reliable Transportation Association, a recognised managing general agent and Lloyd’s of London coverholder, has rolled out a new Physical Damage insurance programme for commercial auto operators, available now across six key U.S. states.

RTA expands insurance portfolio with new auto product

Reliable Transportation Association, a recognised managing general agent and Lloyd’s of London coverholder, has rolled out a new Physical Damage insurance programme for commercial auto operators, available now across six key U.S. states.
Nexus Underwriting, a global specialty managing general agent and part of the Brown & Brown group, has appointed Eamonn Long as chief underwriting officer for its Alternative Risk Transfer (ART) division.

Nexus bolsters ART team with Eamonn Long as CUO

Nexus Underwriting, a global specialty managing general agent and part of the Brown & Brown group, has appointed Eamonn Long as chief underwriting officer for its Alternative Risk Transfer (ART) division.
Kinetic Insurance, a managing general underwriter (MGU) specialising in workers’ compensation, has selected Novidea, a provider of cloud-based insurance management solutions, to modernise and scale its operations.

Kinetic boosts efficiency with Novidea platform

Kinetic Insurance, a managing general underwriter (MGU) specialising in workers’ compensation, has selected Novidea, a provider of cloud-based insurance management solutions, to modernise and scale its operations.
Datos Insights, a global data and advisory firm for financial services and insurance, has announced the acquisition of InsTech, a London-based insurance innovation community and advisory platform.

Datos snaps up InsTech to grow London Market presence

Datos Insights, a global data and advisory firm for financial services and insurance, has announced the acquisition of InsTech, a London-based insurance innovation community and advisory platform.
Intelligent agents like AI-powered assistants, autonomous systems and smart devices could radically reshape how people interact with insurers by 2035, according to new research from global insurance giant MAPFRE.

AI agents could redefine insurance by 2035

Intelligent agents like AI-powered assistants, autonomous systems and smart devices could radically reshape how people interact with insurers by 2035, according to new research from global insurance giant MAPFRE.
US InsurTech funding H1 2025

US InsurTech funding projected to fall by 39% in 2025 as deals over $100m...

Key US InsurTech investment stats in H1 2025: US InsurTech funding decreased by 61% in H1 2025 Trend analysis showed a projected drop of...

News Stories

Building a strong pricing model remains a core responsibility for actuarial teams, but creating an accurate model is only the beginning. Before pricing changes can generate measurable business value, they must navigate data pipelines, product requirements, governance reviews, IT systems and deployment workflows. Increasingly, that journey involves far more than actuaries alone.

Why insurers risk delays when pricing teams work in silos

Building a strong pricing model remains a core responsibility for actuarial teams, but creating an accurate model is only the beginning. Before pricing changes...
Auto lenders are being forced to rethink long-standing pricing strategies as affordability concerns, rising portfolio risks and intensifying competition reshape the lending landscape, according to Earnix.

Why traditional auto lending pricing is reaching its limits

Auto lenders are being forced to rethink long-standing pricing strategies as affordability concerns, rising portfolio risks and intensifying competition reshape the lending landscape, according...
Admiral Group has completed its acquisition of connected fleet insurance provider Flock, bringing the InsurTech's AI-powered telematics platform into the insurer's commercial motor business.

Admiral finalises Flock deal to expand telematics capability

Admiral Group has completed its acquisition of connected fleet insurance provider Flock, bringing the InsurTech's AI-powered telematics platform into the insurer's commercial motor business. The...
Professional services firm WTW has launched a new workforce transformation offering designed to help organisations identify where artificial intelligence can deliver the greatest productivity gains and support wider adoption across the business.

WTW introduces AI workforce solution for business leaders

Professional services firm WTW has launched a new workforce transformation offering designed to help organisations identify where artificial intelligence can deliver the greatest productivity...
Digital insurer Honeycomb Insurance has raised an additional $40m in funding as it looks to expand its geographical footprint, enhance its underwriting technology and broaden its product offering.

AI InsurTech Honeycomb secures $40m to fuel expansion

Digital insurer Honeycomb Insurance has raised an additional $40m in funding as it looks to expand its geographical footprint, enhance its underwriting technology and...
227198

60,000+ InsurTech leaders get exclusive insights delivered every week