FinTech News

Italian InsurTech company Wopta Assicurazioni has successfully closed a funding round that brings its total financing to €12m.

Italian InsurTech Wopta Assicurazioni secures €12m in funding

Italian InsurTech company Wopta Assicurazioni has successfully closed a funding round that brings its total financing to €12m. The latest investment was secured through a...
InsurTech firm The Helper Bees lands $35m to enhance at-home care solutions

InsurTech firm The Helper Bees lands $35m to enhance at-home care solutions

The Helper Bees, an InsurTech company focused on enabling older adults to live independently at home, has secured $35m in Series C funding.
MGT Insurance, an AI-driven commercial neo-insurer, has announced the launch of its new surplus lines (E&S) company.

MGT Specialty launches to expand E&S coverage for small businesses

MGT Insurance, an AI-driven commercial neo-insurer, has announced the launch of its new surplus lines (E&S) company. This expansion enhances MGT’s ability to support the...
Aviva, a leading UK-based insurance provider, has partnered with AutoRek, a specialist in automated reconciliation and financial control solutions, to improve its reconciliation and Client Assets Sourcebook (CASS) compliance processes.

Aviva selects AutoRek to bolster CASS compliance and operational efficiency

Aviva, a leading UK-based insurance provider, has partnered with AutoRek, a specialist in automated reconciliation and financial control solutions, to improve its reconciliation and Client Assets Sourcebook (CASS) compliance processes.
Tokio Marine HCC International has partnered with Optalitix, a provider of data analytics and pricing solutions, to modernise its underwriting and pricing processes in the London Market.

Tokio Marine HCC International partners with Optalitix to enhance London Market underwriting

Tokio Marine HCC International has partnered with Optalitix, a provider of data analytics and pricing solutions, to modernise its underwriting and pricing processes in the London Market.
American International Group (AIG), a leading global insurance organisation, has announced that Jon Hancock will take on additional responsibilities as the company restructures its business into three distinct segments.

Jon Hancock takes on expanded leadership role at AIG

American International Group (AIG), a leading global insurance organisation, has announced that Jon Hancock will take on additional responsibilities as the company restructures its business into three distinct segments.
Gaia raises $14m to scale fertility insurance platform in the US

Gaia raises $14m to scale fertility insurance platform in the US

Gaia, a fertility insurance and prediction platform, has raised $14m in funding to support its expansion across the United States.
InsuranceDekho could secure up to $100m in funding led by MUFG Bank and C. Development

InsuranceDekho could secure up to $100m in funding led by MUFG Bank and C....

InsurTech company InsuranceDekho, a platform enabling customers to compare and purchase various insurance products, has announced a new funding round set to raise up to $100m, according to a report from EnTrackr.
Polish insurer Quantee has partnered with arithmetica to transform insurance pricing practices across Austria, Germany, and the Central and Eastern Europe (CEE) region.

Quantee teams up with arithmetica to modernise insurance pricing in CEE region

Polish insurer Quantee has partnered with arithmetica to transform insurance pricing practices across Austria, Germany, and the Central and Eastern Europe (CEE) region. Seeking to address...
Generali has partnered with MIT's Laboratory for Information and Decision Systems (LIDS) to explore how Artificial Intelligence (AI) can enhance competitive advantages in the insurance sector.

Generali teams up with MIT to drive AI innovation in insurance

Generali has partnered with MIT's Laboratory for Information and Decision Systems (LIDS) to explore how Artificial Intelligence (AI) can enhance competitive advantages in the...

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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