FinTech News

AI-driven InsurTech Adaptive Insurance secures $5m to launch climate resilience platform

AI-driven InsurTech Adaptive Insurance secures $5m to launch climate resilience platform

Adaptive Insurance, a Texas-based climate resilience company, has secured $5m in a seed funding round to accelerate the rollout of its AI-driven parametric insurance solutions aimed at protecting businesses from climate-related disruptions.
Smart Eye and Greater Than unveil impact of ADDW alerts on driver risk

Smart Eye and Greater Than unveil impact of ADDW alerts on driver risk

Swedish technology firms Smart Eye and Greater Than have released initial findings from their collaborative research into the impact of Advanced Driver Distraction Warning (ADDW) alerts on driver risk.
MAWDY and Vittoria Assicurazioni expand partnership to enhance service offerings in Italy

MAWDY and Vittoria Assicurazioni expand partnership to enhance service offerings in Italy

MAWDY, the assistance subsidiary of the MAPFRE Group, and Vittoria Assicurazioni, Italy’s eighth-largest non-life insurance company by premium volume, have reinforced their partnership with a new service provision alliance.
Cytora, a leading digital risk processing platform, and Confianza, an advanced InsurTech focused on improving risk selection and loss ratios, have announced a strategic partnership.

Cytora and Confianza join forces to transform commercial insurance underwriting

Cytora, a leading digital risk processing platform, and Confianza, an advanced InsurTech focused on improving risk selection and loss ratios, have announced a strategic partnership.
Zurich North America, a leading provider of insurance solutions, is expanding its US Middle Market business by adding more than 100 underwriting roles to serve additional geographies.

Zurich North America expands US Middle Market business with 100 new underwriting roles

Zurich North America, a leading provider of insurance solutions, is expanding its US Middle Market business by adding more than 100 underwriting roles to serve additional geographies.
Akur8 and Deloitte Canada expand partnership to enhance pricing and reserving for insurers

Akur8 and Deloitte Canada expand partnership to enhance pricing and reserving for insurers

Akur8, a leading provider of machine learning-powered pricing and reserving solutions for insurers, has expanded its strategic partnership with Deloitte Canada, a global leader in consulting and actuarial services.
Euroins Bulgaria, a subsidiary of Euroins Insurance Group (EIG) and part of Eurohold, has successfully raised €58.8m through a capital increase as it looks to expand throughout Europe.

Euroins Bulgaria raises €58.8m to strengthen foothold in Europe

Euroins Bulgaria, a subsidiary of Euroins Insurance Group (EIG) and part of Eurohold, has successfully raised €58.8m through a capital increase as it looks...
CyberCube, a leading provider of cyber risk analytics, has announced a strategic partnership with Feathery, an AI-driven automation solutions provider.

CyberCube and Feathery partner to enhance cyber insurance workflows with AI

CyberCube, a leading provider of cyber risk analytics, has announced a strategic partnership with Feathery, an AI-driven automation solutions provider. The collaboration will integrate Feathery’s...
Specialty Risk Re (SRR), a collateralised reinsurance company, has secured $50m in institutional funding in an investment round led by private equity firm NMS Capital Group.

Specialty Risk Re raises $50m to expand reinsurance capacity

Specialty Risk Re (SRR), a collateralised reinsurance company, has secured $50m in institutional funding in an investment round led by private equity firm NMS...
Floodbase, a provider of flood data and analytics, has secured a $5m investment in a funding round led by Ecosystem Integrity Fund, with additional backing from Pulse Fund.

Floodbase raises $5m to expand data-driven flood insurance solutions

Floodbase, a provider of flood data and analytics, has secured a $5m investment in a funding round led by Ecosystem Integrity Fund, with additional...

News Stories

Booking a flight online takes minutes. Ordering a taxi takes seconds. Even applying for a loan can now be done in a handful of taps. Buying insurance, by contrast, often feels like stepping back a decade. The process slows, the questions multiply, and what should be simple quickly becomes something to work through rather than complete.

Why most insurance quotes are abandoned — and how insurers can fix it

Booking a flight online takes minutes. Ordering a taxi takes seconds. Even applying for a loan can now be done in a handful of...

Global InsurTech funding extends decline as investment falls 50% in April

Global InsurTech investment cooled further in April, with eight deals raising approximately $119m, marking another step down from March’s already subdued $237m. That represents a...
InsureMO, an API, data and AI-driven insurance platform, has added Upsure, a provider of core insurance software, to its partner ecosystem to deliver a unified core insurance suite and accelerate digital transformation for insurers across emerging markets.

InsureMO adds Upsure to expand core insurance platform

InsureMO, an API, data and AI-driven insurance platform, has added Upsure, a provider of core insurance software, to its partner ecosystem to deliver a...
Insly, an enterprise-grade insurance software provider, has launched a new AI-enabled claims portal designed to help insurers and managing general agents (MGAs) deliver a self-service, digital-first claims experience for policyholders.

Insly debuts digital claims platform for MGAs

Insly, an enterprise-grade insurance software provider, has launched a new AI-enabled claims portal designed to help insurers and managing general agents (MGAs) deliver a...
The global insurance industry is moving quickly into an AI-driven future. Pricing, underwriting, and customer engagement are being reshaped at pace, with many insurers shifting from experimentation to real-world deployment. But beneath this global momentum, the UK market tells a more measured story.

How the rise of AI’s impacting UK insurance pricing

The global insurance industry is moving quickly into an AI-driven future. Pricing, underwriting, and customer engagement are being reshaped at pace, with many insurers...
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