FinTech News

Markel, a specialist insurer with a strong UK presence, has introduced new pre-loss services to help its cyber insurance clients better manage digital risks and privacy compliance.

Markel boosts cyber cover with free tools

Markel, a specialist insurer with a strong UK presence, has introduced new pre-loss services to help its cyber insurance clients better manage digital risks and privacy compliance.
Wefox lands €151m to grow smart insurance distribution

Wefox lands €151m to grow smart insurance distribution

InsurTech company wefox, which focuses on smart insurance distribution and asset-light Managing General Agent (MGA) services, has raised €151m in fresh funding.
Quantee has explored two distinct approaches to performing price optimisation in insurance, focusing on methods that avoid the controversial practice of price walking while still adhering to business objectives for conversion and retention. This article builds on the ethical considerations of price optimisation and compares the benefits and trade-offs of separate versus joint optimisation models.

Balancing profit and fairness in insurance pricing

Quantee has explored two distinct approaches to performing price optimisation in insurance, focusing on methods that avoid the controversial practice of price walking while still adhering to business objectives for conversion and retention. This article builds on the ethical considerations of price optimisation and compares the benefits and trade-offs of separate versus joint optimisation models.
FullCircl has outlined key strategies to help brokers enhance the quality of their underwriting submissions—ultimately enabling faster responses, improved client outcomes, and more competitive premiums. In today’s data-driven insurance market, submitting detailed, accurate, and well-structured information has never been more important.

Five data-driven tips to improve underwriting results

FullCircl has outlined key strategies to help brokers enhance the quality of their underwriting submissions—ultimately enabling faster responses, improved client outcomes, and more competitive premiums. In today’s data-driven insurance market, submitting detailed, accurate, and well-structured information has never been more important.
Lemonade, an AI-driven InsurTech company, has announced the launch of its car insurance offering in Indiana, continuing its strategic expansion across the United States.

Lemonade expands with Indiana car insurance launch

Lemonade, an AI-driven InsurTech company, has announced the launch of its car insurance offering in Indiana, continuing its strategic expansion across the United States.
The auto finance market is under intense pressure from rising interest rates, economic instability, and changing consumer behaviours. These challenges are compressing margins and making it harder for lenders to maintain profitability. As volatility grows, many auto finance firms are turning to advanced analytics platforms like Earnix to help them optimise pricing strategies, understand customer behaviours, and manage risk more effectively.

Auto lenders embrace analytics as margins tighten

The auto finance market is under intense pressure from rising interest rates, economic instability, and changing consumer behaviours. These challenges are compressing margins and making it harder for lenders to maintain profitability. As volatility grows, many auto finance firms are turning to advanced analytics platforms like Earnix to help them optimise pricing strategies, understand customer behaviours, and manage risk more effectively.
Shin Kong Vietnam, the regional arm of Taiwan’s Shin Kong Life, and PVI Insurance, one of Vietnam’s leading non-life insurance providers, have entered into a strategic partnership to accelerate digital transformation in the nation's insurance sector.

PVI and Shin Kong boost Vietnam’s digital insurance sector

Shin Kong Vietnam, the regional arm of Taiwan’s Shin Kong Life, and PVI Insurance, one of Vietnam’s leading non-life insurance providers, have entered into a strategic partnership to accelerate digital transformation in the nation's insurance sector.
TBC Uzbekistan, a subsidiary of the London-listed TBC Bank Group, has unveiled a fully digital insurance product as part of its fast-growing financial ecosystem.

TBC Insurance debuts fully digital service in Uzbekistan

TBC Uzbekistan, a subsidiary of the London-listed TBC Bank Group, has unveiled a fully digital insurance product as part of its fast-growing financial ecosystem.
top InsurTech companies H1 2025

US companies dominated the global InsurTech market with six of the top 10 deals...

Key Global InsurTech investment stats in H1 2025: Global InsurTech funding increased by 9% in H1 YoY US companies secured six of the top...
Pro Global, a specialist consultancy and trusted advisor to the insurance industry, has launched Audit-Tech: Vendor Assurance, a new technology-driven service designed to help insurers manage third-party risks more confidently and efficiently.

Audit-Tech boosts vendor compliance for insurers

Pro Global, a specialist consultancy and trusted advisor to the insurance industry, has launched Audit-Tech: Vendor Assurance, a new technology-driven service designed to help insurers manage third-party risks more confidently and efficiently.

News Stories

AML

Why underwriting data holds the key to spotting AML risk

Insurance houses across South Africa are pouring money into anti-financial crime tools, yet heavy spending alone is not solving the problem. Effectiveness, particularly at...
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...
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