FinTech News

Alta Signa has added Westfield Specialty International to its insurance capacity panel, enhancing its ability to underwrite Directors & Officers (D&O) and Financial Institutions (FI) risks across the European Economic Area (EEA) and Switzerland.

Alta Signa expands insurance capacity with Westfield Specialty International partnership

Alta Signa has added Westfield Specialty International to its insurance capacity panel, enhancing its ability to underwrite Directors & Officers (D&O) and Financial Institutions (FI) risks across the European Economic Area (EEA) and Switzerland.
Ki Insurance has partnered with QBE Insurance to expand broker insurance solutions by adding the firm as a capacity partner on its Lloyd’s-based digital follow platform.

Ki Insurance and QBE partner to expand digital follow capacity for brokers

Ki Insurance has partnered with QBE Insurance to expand broker insurance solutions by adding the firm as a capacity partner on its Lloyd’s-based digital follow platform.
Battleface has partnered with Wingie, a leading MENA travel marketplace, to integrate its embedded travel insurance solutions into its booking platform.

Battleface and Wingie join forces to offer embedded travel insurance

Battleface has partnered with Wingie, a leading MENA travel marketplace, to integrate its embedded travel insurance solutions into its booking platform. This integration ensures that...
Lloyd’s, the world’s leading marketplace for insurance and reinsurance, has appointed Alexandra Cliff as its new chief financial officer (CFO), effective 1 May 2025.

Lloyd’s appoints Alexandra Cliff as new CFO

Lloyd’s, the world’s leading marketplace for insurance and reinsurance, has appointed Alexandra Cliff as its new chief financial officer (CFO), effective 1 May 2025.
Concirrus, a leading InsurTech innovator, has unveiled transformative technology that delivers nearly 100% accuracy in submission ingestion alongside instant rating and quoting capabilities.

Concirrus launches near 100% accurate submission ingestion and instant quoting technology

Concirrus, a leading InsurTech innovator, has unveiled transformative technology that delivers nearly 100% accuracy in submission ingestion alongside instant rating and quoting capabilities.
CI-ISAC secures $6.4m government grant to enhance cyber resilience

CI-ISAC secures $6.4m government grant to enhance cyber resilience in healthcare

CI-ISAC Australia, a cyber intelligence organisation focused on critical infrastructure, has received a $6.4m grant from the Australian Government to establish a dedicated information-sharing and analysis centre for the healthcare sector.
Mangrove Property Insurance, a newly established player in the Florida insurance market, has been granted approval by the state's Office of Insurance Regulation (OIR) to provide property and casualty (P&C) insurance.

Mangrove Property Insurance secures Florida state approval to provide P&C coverage

Mangrove Property Insurance, a newly established player in the Florida insurance market, has been granted approval by the state's Office of Insurance Regulation (OIR) to provide property and casualty (P&C) insurance.
InsurTech market trends

Sedgwick’s $1bn deal the only bright spot as US InsurTech funding dropped by 31%...

Key US InsurTech investment stats in 2024: US InsurTech funding dropped by 31% YoY California continued to dominate the US InsurTech space after it...
London Underwriters (LU), a technology-driven insurance services provider, has partnered with NormanMax Insurance Solutions (NMIS) to offer agents access to innovative solutions for natural disasters such as hurricanes and earthquakes.

London Underwriters and NormanMax partner to expand parametric insurance offerings

London Underwriters (LU), a technology-driven insurance services provider, has partnered with NormanMax Insurance Solutions (NMIS) to offer agents access to innovative solutions for natural...
Pula Foundation, an InsurTech company based in Rwanda, has been awarded a €10m grant from the Bayer Foundation to increase access to climate risk insurance for smallholder farmers.

Pula Foundation bags €10m to increase access to climate risk insurance

Pula Foundation, an InsurTech company based in Rwanda, has been awarded a €10m grant from the Bayer Foundation to increase access to climate risk...

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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