FinTech News

Encova Insurance appoints new CIO to spearhead digital transformation

Encova Insurance has announced the appointment of Ramu Lingala as Executive Vice‑President and Chief Information Officer.
Neutrinos, a prominent provider of AI-based intelligent automation solutions tailored for the insurance industry, has revealed a significant collaboration with a global Fortune 500 life insurer to overhaul and digitise the carrier's new business underwriting workflows across eight international markets.

Neutrinos partners with global life insurer to launch AI-powered underwriting platform

Neutrinos, a prominent provider of AI-based intelligent automation solutions tailored for the insurance industry, has revealed a significant collaboration with a global Fortune 500 life insurer to overhaul and digitise the carrier's new business underwriting workflows across eight international markets.
Specialty insurance cloud firm Tinubu closes $45m funding led by Morgan Stanley

Specialty insurance cloud firm Tinubu closes $45m funding led by Morgan Stanley

Tinubu, a leading provider of cloud-based enterprise software for the specialty insurance industry, has raised $45m in growth capital to fuel its product innovation and global expansion.
Drawing on his leadership experience at XL Group, Safeco, and global industry bodies, McGavick will guide mea’s strategic expansion. His expertise in (re)insurance data challenges aligns with mea’s mission to unlock value from existing data systems using GenAI and Agentic AI. The move underscores mea’s commitment to transforming data flow in insurance and adjacent sectors.

Insurance veteran Mike McGavick joins mea Platform as chairman and strategic advisor

mea Platform, the AI-powered InsurTech revolutionising insurance transactions and operations, has appointed Mike McGavick as board chairman and strategic advisor. The company, which leverages cutting-edge...
Sapiens International Corporation, a global provider of software solutions for the insurance sector, has announced a strategic partnership with a leading European-based global insurer.

Sapiens partners with European insurer to modernise London Market operations

Sapiens International Corporation, a global provider of software solutions for the insurance sector, has announced a strategic partnership with a leading European-based global insurer.
wefox, the Berlin-based InsurTech company known for its fully digital insurance platform, has announced the sale of its Italian business operations in a bid to refocus and consolidate its global efforts.

InsurTech firm wefox exits Italian market in strategic realignment

wefox, the Berlin-based InsurTech company known for its fully digital insurance platform, has announced the sale of its Italian business operations in a bid to refocus and consolidate its global efforts.
HUB International, a global insurance brokerage firm headquartered in Chicago, has secured a landmark $1.6bn minority equity investment, pushing its valuation to $29bn, the highest valuation ever recorded for a privately held insurance broker.

InsurTech giant HUB International lands $1.6bn funding to hit $29bn valuation

HUB International, a global insurance brokerage firm headquartered in Chicago, has secured a landmark $1.6bn minority equity investment, pushing its valuation to $29bn, the highest valuation ever recorded for a privately held insurance broker.
Bestow lands $120m Series D to transform life insurance tech

Bestow lands $120m Series D to transform life insurance tech

Bestow, a US-based InsurTech company that provides end-to-end software solutions for life insurers, has raised $120m in an oversubscribed Series D funding round.
EQT Ventures backs MarvelX with $6m to automate insurance workflows

EQT Ventures backs MarvelX with $6m to automate insurance workflows

Amsterdam-based MarvelX, a FinTech start-up focused on operational automation in financial services, has closed a $6m seed funding round to support the launch of its AI-powered platform for the insurance sector.
ChainThat, a leading provider of next-generation InsurTech solutions, has successfully launched its Beyond Policy Administration® (BPA) platform with Cobalt Specialty Inc., a Canadian specialty insurance provider.

ChainThat launches BPA platform with Cobalt Specialty in Canada

ChainThat, a leading provider of next-generation InsurTech solutions, has successfully launched its Beyond Policy Administration® (BPA) platform with Cobalt Specialty Inc., a Canadian specialty insurance provider.
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Retailers have spent the last few years racing to embed wellness into their loyalty apps. The logic is sound, with consumers more health-conscious than ever, and digital touchpoints offering a direct route to influence behaviour. Yet despite heavy investment, most of these features are underused, quickly forgotten, or never meaningfully adopted.

Why retail loyalty apps fail to engage – and how dacadoo is changing the...

Retailers have spent the last few years racing to embed wellness into their loyalty apps. The logic is sound, with consumers more health-conscious than...
Chubb, a multinational insurer operating across property, casualty and life segments, has partnered with Insify, a financial security platform for freelancers and SMEs, to launch a fully digital disability insurance product for self-employed professionals in the Netherlands.

Insify and Chubb unveil digital disability insurance

Chubb, a multinational insurer operating across property, casualty and life segments, has partnered with Insify, a financial security platform for freelancers and SMEs, to...
mea Platform, an AI-driven (re)insurance technology provider, has been selected by BMS Group, an independent (re)insurance broker with a strong international presence, to deploy its Broking Operations products and enhance placement efficiency through digital transformation.

mea Platform powers BMS AI-driven broking workflows

mea Platform, an AI-driven (re)insurance technology provider, has been selected by BMS Group, an independent (re)insurance broker with a strong international presence, to deploy...
BYD, a global leader in new energy vehicles, has partnered with bolttech, an InsurTech specialising in embedded insurance, to deliver integrated motor insurance solutions for electric vehicle customers across Europe, starting with the UK and expanding into Italy, France, Germany and Spain.

BYD selects bolttech for embedded EV insurance rollout

BYD, a global leader in new energy vehicles, has partnered with bolttech, an InsurTech specialising in embedded insurance, to deliver integrated motor insurance solutions...
ViteSicure, an InsurTech specialising in life and personal protection, has raised €2.5m in the first tranche of its Series A funding round, with backing from new investors including Ad4Ventures and Net Insurance, to accelerate its growth strategy and scale operations.

ViteSicure advances growth with €2.5m raise

ViteSicure, an InsurTech specialising in life and personal protection, has raised €2.5m in the first tranche of its Series A funding round, with backing...
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