FinTech News

PremFina, the UK’s fastest-growing insurance premium finance provider, has announced a major funding milestone through the completion of a £350m private securitisation facility, supported by HSBC and Waterfall Asset Management.

PremFina secures £350m facility for UK expansion

PremFina, the UK’s fastest-growing insurance premium finance provider, has announced a major funding milestone through the completion of a £350m private securitisation facility, supported by HSBC and Waterfall Asset Management.
bolt, a digital insurance distribution platform known for connecting insurers and agents through a seamless interface, has partnered with Arch Insurance Company to offer annual multi-trip travel insurance to consumers via bolt’s agent network.

Arch Insurance joins forces with bolt to simplify travel insurance

bolt, a digital insurance distribution platform known for connecting insurers and agents through a seamless interface, has partnered with Arch Insurance Company to offer...
Matic Insurance, a US-based digital insurance broker specialising in embedded insurance solutions, has announced a strategic partnership with Floify, a mortgage automation platform and a subsidiary of Porch Group, which offers digital tools to streamline the home loan process.

Matic and Floify partner to streamline mortgage insurance

Matic Insurance, a US-based digital insurance broker specialising in embedded insurance solutions, has announced a strategic partnership with Floify, a mortgage automation platform and...
Global InsurTech trends Q1 2025

Global InsurTech investments expected to drop by 28% for 2025 as investors grow cautious

Key Global InsurTech investment stats in Q1 2025: Global InsurTech deal activity dropped by 15% YoY as investors grew cautious Trend analysis showed a...
Berlin-based InsurTech Feather, known for simplifying insurance for expatriates, has launched its new Business Insurance offering to modernise how international businesses manage employee benefits and protection.

Feather launches business insurance for expat teams

Berlin-based InsurTech Feather, known for simplifying insurance for expatriates, has launched its new Business Insurance offering to modernise how international businesses manage employee benefits and protection.
Cost-cutting vs growth: A guide for insurers

Cost-cutting vs growth: A guide for insurers

The insurance sector is at an important crossroads. It is currently in a period of increased competition and market pressure, meaning existing growth and profitability strategies are under strain. They need to find a way to cope with this market pressure but not stifle their future growth.

Kin Insurance adopts ZestyAI wildfire model for expansion

ZestyAI, an artificial intelligence-driven property risk analytics firm, has entered into a strategic partnership with Kin Insurance, a digital, direct-to-consumer home insurance provider focused on catastrophe-exposed markets.
SOVENTURE Insurance, a specialist in flexible travel insurance and part of InsureMyTrip, a trusted name in global travel protection, has unveiled a new suite of travel insurance plans tailored specifically for digital nomads and adventure seekers.

SOVENTURE unveils flexible travel cover for adventurers

SOVENTURE Insurance, a specialist in flexible travel insurance and part of InsureMyTrip, a trusted name in global travel protection, has unveiled a new suite of travel insurance plans tailored specifically for digital nomads and adventure seekers.
In many parts of Southeast Asia, insurance brokerage remains a highly manual business. Email threads, spreadsheets, and hand-entered data are still standard practice for numerous firms operating under tight margins and lean staffing. For years, this model was sufficient. But now, pressures are mounting, according to Novidea.

Southeast Asia’s brokers need tech that fits

In many parts of Southeast Asia, insurance brokerage remains a highly manual business. Email threads, spreadsheets, and hand-entered data are still standard practice for numerous firms operating under tight margins and lean staffing. For years, this model was sufficient. But now, pressures are mounting, according to Novidea.
European Watch Company (EWC), an American luxury watch retailer specialising in high-end timepieces, has partnered with Chubb to introduce an exclusive insurance offering designed specifically for watch collectors.

European Watch Company and Chubb launch tailored insurance for collectors

European Watch Company (EWC), an American luxury watch retailer specialising in high-end timepieces, has partnered with Chubb to introduce an exclusive insurance offering designed specifically for watch collectors.

News Stories

Capricorn Mutual completes Duck Creek platform go-live

Capricorn Mutual completes Duck Creek platform go-live

Aggne, a Wipro company and insurance technology services provider, has confirmed the successful go-live of Capricorn Mutual, the member-owned risk protection organisation, on Duck...
Why rating engines are becoming insurers' decision hub

Why rating engines are becoming insurers’ decision hub

Pricing technology is moving beyond its traditional home in actuarial and underwriting teams. Rating engines are increasingly being used by marketing, innovation and product...
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...
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