FinTech News

The insurance industry’s digital transformation is now a necessity. According to insights from Comarch, a leading digital transformation specialist, the decision to embrace change has effectively already been made by insurers, whether they participate or not. The COVID-19 pandemic accelerated the shift to digitised sales and after-sales services, pushing companies to adopt remote and self-service options rapidly. Coupled with the economic recession squeezing profits, insurance firms must urgently seek optimisation and efficiency across all operations.

Why insurers must act now on digital transformation

The insurance industry’s digital transformation is now a necessity. According to insights from Comarch, a leading digital transformation specialist, the decision to embrace change...
DXC Technology has now introduced DXC Assure Illustrations, a next-generation AI-powered SaaS product designed to revolutionise life insurance policy illustrations.

DXC Technology launches AI-powered Assure Illustrations for life insurers

DXC Technology has now introduced DXC Assure Illustrations, a next-generation AI-powered SaaS product designed to revolutionise life insurance policy illustrations.
The Plan Group (TPG), a leading provider of insurance solutions focused on innovation and technology, has launched a new brand, eavi, to serve electric and autonomous vehicle technology providers.

The Plan Group’s eavi bridges gap in future mobility insurance

The Plan Group (TPG), a leading provider of insurance solutions focused on innovation and technology, has launched a new brand, eavi, to serve electric and autonomous vehicle technology providers.

How people and technology shape the future of the London Market

The London Market’s enduring strength lies in its unique DNA, centred on expertise, face-to-face collaboration, and bespoke problem-solving. Novidea, a prominent technology provider within the market, highlights how this ecosystem’s future depends on combining tradition with innovation to stay competitive amid rising pressures from rival hubs like Frankfurt and Paris post-Brexit.
Venbrook Group, a fast-growing, independently owned insurance brokerage and risk management firm based in the United States, has entered into a strategic partnership with DB Insurance to launch a specialty habitational insurance product for multi-unit residential properties in California.

Venbrook and DB Insurance launch condo insurance for California

Venbrook Group, a fast-growing, independently owned insurance brokerage and risk management firm based in the United States, has entered into a strategic partnership with DB Insurance to launch a specialty habitational insurance product for multi-unit residential properties in California.
Honeycomb Insurance, a Chicago-based InsurTech company, has announced the expansion of its non-admitted insurance programme, Honeycomb Specialty, across all 18 states in which it currently operates.

Honeycomb boosts insured limits to $25m with Specialty rollout

Honeycomb Insurance, a Chicago-based InsurTech company, has announced the expansion of its non-admitted insurance programme, Honeycomb Specialty, across all 18 states in which it currently operates.
Insurers and banks increasingly face complex analytical challenges as they strive to build accurate, transparent, and scalable predictive models. From managing high-dimensional data to avoiding overfitting, finding the right balance between model performance and interpretability is no small task, especially when dealing with categorical features.

How Earnix enhances GLM models with Smart Grouping tech

Insurers and banks increasingly face complex analytical challenges as they strive to build accurate, transparent, and scalable predictive models. From managing high-dimensional data to avoiding overfitting, finding the right balance between model performance and interpretability is no small task, especially when dealing with categorical features.
Honda, the Japanese automotive giant known for its innovative vehicles, has launched Honda Insurance Solutions, a new licensed insurance agency aimed at providing a seamless and competitive insurance experience for its customers across the United States.

Honda Insurance Solutions offers digital insurance quotes

Honda, the Japanese automotive giant known for its innovative vehicles, has launched Honda Insurance Solutions, a new licensed insurance agency aimed at providing a seamless and competitive insurance experience for its customers across the United States.
Artificial Intelligence Underwriting Company, a San Francisco-based InsurTech focused on building trust and accountability in AI systems, has officially launched alongside a $15m seed funding round.

InsurTech startup AIUC launches with $15m seed funding

Artificial Intelligence Underwriting Company, a San Francisco-based InsurTech focused on building trust and accountability in AI systems, has officially launched alongside a $15m seed funding round.
Neutrinos, a digital transformation platform specialising in intelligent automation for the insurance industry, has launched its new AI Agent Library to help insurers deploy agentic AI solutions across critical workflows.

Neutrinos introduces agentic AI tools for underwriting

Neutrinos, a digital transformation platform specialising in intelligent automation for the insurance industry, has launched its new AI Agent Library to help insurers deploy agentic AI solutions across critical workflows.

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...
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