FinTech News

Cutting costs with AI

Only 20% of insurance execs are not considering AI for their firms

359 senior insurance professionals were surveyed, managing over $13tn in assets on their balance sheets Only 20% of respondents haven’t considered AI, whereas...
Embri, a UK-based insurance platform, has partnered with SGS Engineering to launch an embedded insurance offering that provides theft and damage protection for SGS’s premium tools and equipment at the point of sale.

Embri and SGS Engineering partner to launch innovative embedded insurance for trades professionals

Embri, a UK-based insurance platform, has partnered with SGS Engineering to launch an embedded insurance offering that provides theft and damage protection for SGS’s premium tools and equipment at the point of sale.
Waterdrop Inc., a leading technology platform specialising in insurance and healthcare services with a positive social impact, has announced a strategic integration with DeepSeek to advance its AI-driven insurance ecosystem.

Waterdrop integrates DeepSeek to revolutionise AI-driven insurance solutions

Waterdrop Inc., a leading technology platform specialising in insurance and healthcare services with a positive social impact, has announced a strategic integration with DeepSeek...
Mosaic Insurance, a global specialty insurer, has introduced a combined environmental product that integrates primary commercial general liability with pollution and professional coverage.

Mosaic Insurance launches combined environmental product with global coverage

Mosaic Insurance, a global specialty insurer, has introduced a combined environmental product that integrates primary commercial general liability with pollution and professional coverage.
Apollo, a leading insurance and reinsurance group, has broadened its insurance offerings to include drone product liability, as part of Moonrock’s existing binder with the insurer.

Apollo and Moonrock expand drone insurance offering to meet booming market demand

Apollo, a leading insurance and reinsurance group, has broadened its insurance offerings to include drone product liability, as part of Moonrock’s existing binder with...
ZestyAI has partnered with NEXT Insurance to enhance underwriting with AI-driven property risk insights, providing small business owners with smarter, more tailored coverage.

NEXT Insurance adopts ZestyAI’s solution for smarter underwriting

ZestyAI has partnered with NEXT Insurance to enhance underwriting with AI-driven property risk insights, providing small business owners with smarter, more tailored coverage. The move...
Lloyd’s, the world’s leading insurance and reinsurance marketplace, has announced the expansion of its Enhanced Liquidity Fund range with the launch of two new EUR and GBP Enhanced Yield Liquidity Funds.

Insurance giant Lloyd’s launches new funds to boost cash management capabilities

Lloyd’s, the world’s leading insurance and reinsurance marketplace, has announced the expansion of its Enhanced Liquidity Fund range with the launch of two new...
Delfina has secured $17m in a Series A funding round, signalling strong investor confidence in the company's ability to reshape maternal healthcare through advanced AI technology.

Delfina raises $17m to transform maternal care with predictive AI technology

Delfina has secured $17m in a Series A funding round, signalling strong investor confidence in the company's ability to reshape maternal healthcare through advanced...
ServiceNow, a leading digital workflow company, has announced the appointment of Nigel Walsh, former head of global insurance for Google Cloud, as the new head of its global insurance division.

Former Google Cloud insurance lead Nigel Walsh joins ServiceNow to drive innovation

ServiceNow, a leading digital workflow company, has announced the appointment of Nigel Walsh, former head of global insurance for Google Cloud, as the new...
Berlin-based InsurTech startup muffintech has raised €3.5m to enhance its AI-powered solutions designed for insurance companies and brokers.

Berlin-based InsurTech muffintech secures €3.5m to scale AI-driven insurance solutions

Berlin-based InsurTech startup muffintech has raised €3.5m to enhance its AI-powered solutions designed for insurance companies and brokers.
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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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