FinTech News

Markel, the insurance division of Markel Group Inc., has successfully migrated its Guidewire ClaimCenter from an on-premise system to Guidewire Cloud.

Markel transitions Guidewire ClaimCenter to the cloud to enhance claims processing

Markel, the insurance division of Markel Group Inc., has successfully migrated its Guidewire ClaimCenter from an on-premise system to Guidewire Cloud.
Bindable, a provider of Insurance-as-a-Service technology solutions, has partnered with WisePal, a cost-saving software company, to launch a new in-house digital insurance agency.

WisePal launches digital insurance agency with Bindable’s virtual agency solution

Bindable, a provider of Insurance-as-a-Service technology solutions, has partnered with WisePal, a cost-saving software company, to launch a new in-house digital insurance agency. The initiative...
In 2025, the InsurTech landscape is undergoing a transformation driven by shifting consumer expectations. The demand for instant services, hyper-personalised policies, and seamless digital experiences is pushing insurers to adopt cutting-edge technology at an accelerated pace. As AI and automation take centre stage, companies are rethinking how they engage with policyholders—balancing efficiency with the need for human interaction in sensitive cases.video

How evolving customer needs are shaping InsurTech in 2025

In 2025, the InsurTech landscape is undergoing a transformation driven by shifting consumer expectations. The demand for instant services, hyper-personalised policies, and seamless digital experiences is pushing insurers to adopt cutting-edge technology at an accelerated pace. As AI and automation take centre stage, companies are rethinking how they engage with policyholders—balancing efficiency with the need for human interaction in sensitive cases.
When it comes to creating a great user experience (UX), it’s not just about making technology look good—it’s about making it feel effortless. At Ushur, the company believes that automation should empower users, not overwhelm them. This is why Ushur Studio has been crafted with a focus on usability-first principles, ensuring that AI-powered customer engagement remains accessible, intuitive, and powerful for users without requiring coding expertise.

How Ushur Studio is redefining the user experience

When it comes to creating a great user experience (UX), it’s not just about making technology look good—it’s about making it feel effortless. At Ushur,...
Duck Creek Technologies, a global provider of intelligent solutions for property and casualty (P&C) and general insurance, has launched a comprehensive ecosystem tailored for the global insurance industry.

Duck Creek Technologies launches Marketplace to revolutionise insurance payments

Duck Creek Technologies, a global provider of intelligent solutions for property and casualty (P&C) and general insurance, has launched a comprehensive ecosystem tailored for the global insurance industry.
Faura, an innovative InsurTech company specialising in loss control solutions for natural disasters, has been selected to join Guidewire‘s Insurtech Vanguards program.

Faura joins Guidewire’s Insurtech Vanguards program

Faura, an innovative InsurTech company specialising in loss control solutions for natural disasters, has been selected to join Guidewire‘s Insurtech Vanguards program.
Joshin, a leading provider of neurodivergent and disability support services, has partnered with Aon to offer employers specialised neurodiversity resources and advanced workforce analytics for improved inclusion and employee wellbeing.

Joshin and Aon partner to better employee welfare

Joshin, a leading provider of neurodivergent and disability support services, has partnered with Aon to offer employers specialised neurodiversity resources and advanced workforce analytics for improved inclusion and employee wellbeing.
Ushur, a leader in customer experience automation for regulated industries, has announced the appointment of Deepak Vedarthan as senior vice president of customer success.

Ushur appoints Deepak Vedarthan as senior vice president of customer success

Ushur, a leader in customer experience automation for regulated industries, has announced the appointment of Deepak Vedarthan as senior vice president of customer success.
Bold Penguin, a digital platform specialising in commercial insurance solutions, has partnered with EMPLOYERS, a national provider of workers’ compensation insurance, to expand coverage options on the Bold Penguin Terminal platform.

Bold Penguin partners with EMPLOYERS to streamline workers’ compensation coverage

Bold Penguin, a digital platform specialising in commercial insurance solutions, has partnered with EMPLOYERS, a national provider of workers’ compensation insurance, to expand coverage...
San Diego-based XILO, an InsurTech company providing quoting software for independent insurance agencies, has raised $7.2m in its latest Series A funding round.

XILO raises $7.2m to enhance digital quoting solutions for insurance agencies

San Diego-based XILO, an InsurTech company providing quoting software for independent insurance agencies, has raised $7.2m in its latest Series A funding round.

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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