FinTech News

InsurTech firm Optalitix is set to implement its advanced solutions to enhance operational efficiencies between Burns & Wilcox’s CRM and underwriting systems, as part of a partnership between the firms.

Burns & Wilcox UK teams up with Optalitix to streamline pricing models and optimise...

InsurTech firm Optalitix is set to implement its advanced solutions to enhance operational efficiencies between Burns & Wilcox’s CRM and underwriting systems, as part of a partnership between the firms.
Herald, a trailblazer in digital insurance infrastructure, has just secured $12m Series A funding round co-led by Lightspeed Venture Partners and Brewer Lane Ventures, with additional participation from Afore Capital and Underscore Venture Capital.

Herald secures $12m Series A funding to enhance insurance connectivity with AI

Herald, a trailblazer in digital insurance infrastructure, has just secured $12m Series A funding round co-led by Lightspeed Venture Partners and Brewer Lane Ventures, with additional participation from Afore Capital and Underscore Venture Capital.
INSHUR secures $19m led by Viola Growth to bolster US and global InsurTech operations

INSHUR secures $19m led by Viola Growth to bolster US and global InsurTech operations

INSHUR, the multi-award-winning embedded insurance provider for the on-demand economy, has recently closed a funding round securing $19m.
Embroker, a digital insurance company, has partnered with Everspan to further digitise and streamline the commercial insurance buying experience.

Embroker and Everspan partner to streamline the commercial insurance buying experience

Embroker, a digital insurance company, has partnered with Everspan to further digitise and streamline the commercial insurance buying experience. As part of the collaboration, Everspan...

Exploring the impact of AI on health outcomes with Tietoevry Care

Public and social care systems across many countries are currently strained, grappling with ageing populations and a parallel increase in the demand for health services. These challenges are compounded by stagnant public healthcare budgets and a shortage of skilled healthcare professionals.

Global insurers commit to climate action with robust transition strategies

A comprehensive survey by BlackRock has unveiled that an overwhelming 99% of insurers have embraced climate transition goals within their investment portfolios, highlighting a robust shift towards sustainability.
Diesta, an InsurTech startup focused on transforming insurance payment processes, has raised $3.8m in a seed funding round led by FinTech Collective. 

Diesta closes $3.8m seed round to transform B2B insurance payments

Diesta, an InsurTech startup focused on transforming insurance payment processes, has raised $3.8m in a seed funding round led by FinTech Collective. 
ClaimSorted, a company focused on simplifying claims processing for insurers, has secured $3m in pre-seed funding.

ClaimSorted raises $3m to revolutionise claims processing with AI-powered platform

ClaimSorted, a company focused on simplifying claims processing for insurers, has secured $3m in pre-seed funding.
Clearwater Analytics, a leading provider of SaaS-based investment management, accounting, reporting, and analytics solutions, has announced the expansion of its EMEA leadership team with three key appointments.

Clearwater Analytics expands EMEA leadership team with three new appointments

Clearwater Analytics, a leading provider of SaaS-based investment management, accounting, reporting, and analytics solutions, has announced the expansion of its EMEA leadership team with three key appointments.
Toyota Insurance Management Solutions (TIMS) has partnered with Lemonade to to integrate home and renters insurance alongside Toyota's auto policies, in a bid to bolster its overall services.

Toyota Insurance Management Solutions partners with Lemonade to expand insurance offerings

Toyota Insurance Management Solutions (TIMS) has partnered with Lemonade to to integrate home and renters insurance alongside Toyota's auto policies, in a bid to bolster its overall services.

News Stories

AXA, a global leader in insurance and asset management, has unveiled its latest mental health initiative, the Mind Health Self-check.

AXA launches Mind Health Self-check for mental health awareness and insurance prevention

AXA, a global leader in insurance and asset management, has unveiled its latest mental health initiative, the Mind Health Self-check.
Qover, a leading InsurTech company specialising in embedded insurance solutions, has partnered with Mastercard to improve the online shopping experience for Mastercard credit cardholders in Belgium and Luxembourg.

Qover and Mastercard partner to enhance online shopping protection in Belgium and Luxembourg

Qover, a leading InsurTech company specialising in embedded insurance solutions, has partnered with Mastercard to improve the online shopping experience for Mastercard credit cardholders in Belgium and Luxembourg.
Mercedes-Benz Insurance Services UK Limited, the insurance arm of the renowned automobile manufacturer, has partnered with Wrisk to enhance its car insurance offerings with a customer-centric subscription model.

Mercedes-Benz Insurance and Wrisk partner for innovative car insurance solution

Mercedes-Benz Insurance Services UK Limited, the insurance arm of the renowned automobile manufacturer, has partnered with Wrisk to enhance its car insurance offerings with a customer-centric subscription model.
Covr Financial Technologies, a leading digital insurance provider, has launched Advisor 3.0, the latest version of its flagship insurance platform.

Covr launches Advisor 3.0 to transform digital insurance processes

Covr Financial Technologies, a leading digital insurance provider, has launched Advisor 3.0, the latest version of its flagship insurance platform. The update looks to address the...
Migrating from on-premises to cloud infrastructure is a major leap for any organisation. This was the case for a Fortune 500 insurer seeking to modernise its operations. Their existing system, which relied on outdated methods and manual processes, was no longer fit to handle the enormous amounts of data generated daily. This transformation involved building a robust, automated platform, transitioning to the cloud, and optimising for efficiency and scalability. Customer software development company Symfa explains how it supported the firm on this journey.

How Symfa helped a Fortune 500 insurer modernise its cloud infrastructure – part one

Migrating from on-premises to cloud infrastructure is a major leap for any organisation. This was the case for a Fortune 500 insurer seeking to modernise its operations. Their existing system, which relied on outdated methods and manual processes, was no longer fit to handle the enormous amounts of data generated daily. This transformation involved building a robust, automated platform, transitioning to the cloud, and optimising for efficiency and scalability. Customer software development company Symfa explains how it supported the firm on this journey.

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