FinTech News

When it comes to innovation in insurance pricing, it is easy to assume that progress always means adopting the latest machine learning techniques, optimisation algorithms, or advanced demand models. But insurers across Latin America tell a different story, according to Quantee. Sometimes, innovation is less about complexity and more about getting the basics right.

A guide to insurance pricing in LatAm

When it comes to innovation in insurance pricing, it is easy to assume that progress always means adopting the latest machine learning techniques, optimisation...
US InsurTech Orion180 has entered into a strategic partnership with AI geospatial analytics firm Neural Earth Inc. to integrate advanced risk intelligence into its underwriting process, with an initial focus on wildfire-prone regions.

Orion180 and Neural Earth join forces to transform homeowners insurance

US InsurTech Orion180 has entered into a strategic partnership with AI geospatial analytics firm Neural Earth Inc. to integrate advanced risk intelligence into its underwriting process, with an initial focus on wildfire-prone regions.
Inclined Technologies has secured $8m in a Series B round led by HSCM Ventures, with Northwestern Mutual Future Ventures and other investors also participating.

InsurTech Inclined raises $8m Series B for expansion

Inclined Technologies has secured $8m in a Series B round led by HSCM Ventures, with Northwestern Mutual Future Ventures and other investors also participating.
Cytora powers TransRe’s digital reinsurance shift

Cytora powers TransRe’s digital reinsurance shift

TransRe has joined forces with digital risk processing platform Cytora to digitise its global facultative reinsurance operations, deploying Cytora’s agentic AI-powered Concierge service to overhaul its underwriting workflows.
Send hires Laura Wathen as CFO to drive next growth

Send hires Laura Wathen as CFO to drive next growth

Send Technology Solutions Ltd (Send) has appointed Laura Wathen as its new chief financial officer (CFO), as the InsurTech embarks on its next phase...

Aon and Redkik launch AI-powered cargo insurance

Aon has announced a multi-year collaboration with Redkik to modernise how cargo and shippers’ interest insurance is embedded across global supply chains.
Alleva launches real-time insurance verification tool

Alleva launches real-time insurance verification tool

Alleva, a leading electronic medical records (EMR) platform for behavioural health, has introduced a new instant, self-service Verification of Benefits (VOB) feature designed to help admissions and billing teams confirm insurance coverage in real time without leaving the Alleva platform.
MSIG USA partners Coalition for advanced cyber insurance

MSIG USA partners Coalition for advanced cyber insurance

MSIG USA has entered into a strategic collaboration with Coalition, the self-described world’s first Active Insurance provider, to deliver a new cyber insurance solution...
Herald and Joshu join forces to speed up insurance launches

Herald and Joshu join forces to speed up insurance launches

Herald and Joshu have announced a partnership aimed at transforming how insurers develop and distribute digital products, with the goal of significantly cutting time-to-market.
NFP

NFP acquires Bspoke to expand specialist insurance services

NFP, an Aon company and international insurance brokerage and consulting firm, has announced the acquisition of Bspoke Insurance Group, a leading platform of multi-class...

News Stories

Wildfire data model drives new California cover

Wildfire data model drives new California cover

DUAL North America, a specialty programme administrator, Kingstone Companies, a Northeast-focused property insurer, and Windward Risk Managers, a Florida-based risk manager, have each launched...
ManyPets debuts UK's first ChatGPT insurance plugin

ManyPets debuts UK’s first ChatGPT insurance plugin

ManyPets, a UK pet insurance provider offering Lifetime cover and an AI-powered claims service, has become the first UK specialist pet insurance provider to...
RateZip brings real-time pricing data to ChatGPT

RateZip brings real-time pricing data to ChatGPT

RateZip, an independent US consumer rates platform that compares savings, deposit, mortgage and lending rates, has launched a live rates service inside ChatGPT, giving...
Insurers struggle to turn AI into action

Insurers struggle to turn AI into action

Insurers are investing heavily in artificial intelligence across pricing, underwriting, claims, risk assessment and customer engagement. Yet as AI models become more sophisticated, the...

Sixfold’s new AI tool tackles life and health cases

Sixfold, the underwriting AI platform used by leading insurers around the world, has launched an AI Underwriter for Life & Health insurance, a governed...
227198

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