FinTech News

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...
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...

News Stories

Kin Insurance, a US InsurTech focused on homeowners coverage in catastrophe-exposed regions, has secured $335m in its largest catastrophe bond transaction to date.

Kin Insurance lands $335m bond to bolster US storm protection

Kin Insurance, a US InsurTech focused on homeowners coverage in catastrophe-exposed regions, has secured $335m in its largest catastrophe bond transaction to date. The raise...
Allianz Commercial will transfer its standalone cyber insurance portfolio to Coalition as part of a long-term partnership to consolidate the global cyber insurance market. 

Allianz and Coalition form exclusive cyber insurance alliance

Allianz Commercial will transfer its standalone cyber insurance portfolio to Coalition as part of a long-term partnership to consolidate the global cyber insurance market.  The...
InsurTech firm Corgi has reached unicorn status after raising $160m in Series B funding at a $1.3bn valuation.

Corgi hits unicorn status after $160m Series B

InsurTech firm Corgi has reached unicorn status after raising $160m in Series B funding at a $1.3bn valuation. The round brings Corgi’s total funding to...

Pit secures $16m led by Andreessen Horowitz

Pit, a Swedish AI startup developing custom enterprise software, has emerged from stealth with $16m in seed funding led by Andreessen Horowitz, as it...
Insurance has always depended on timing. Risk is captured at a specific moment, translated into a price, and expected to remain broadly stable until the next review. For much of the industry’s history, that assumption has held. Risk moved, but not so quickly that it escaped the frame of underwriting.

How real-time risk visibility is reshaping the insurance lifecycle

Insurance has always depended on timing. Risk is captured at a specific moment, translated into a price, and expected to remain broadly stable until...
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