FinTech News

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...
Prudential Financial and Dai-ichi Life have announced they are forming a strategic partnership to strengthen their product distribution and asset management capabilities.

Prudential Financial and Dai-ichi Life partner for product distribution and asset management in Japan

Prudential Financial and Dai-ichi Life have announced they are forming a strategic partnership to strengthen their product distribution and asset management capabilities.
Carbon Underwriting, a specialist independent managing general underwriter and Lloyd’s syndicate, has announced its entry into the international healthcare market with the appointment of Martin Leeks as head of international medical malpractice.

Carbon Underwriting launches international healthcare division with Martin Leeks at the helm

Carbon Underwriting, a specialist independent managing general underwriter and Lloyd’s syndicate, has announced its entry into the international healthcare market with the appointment of...
Chubb, a global leader in insurance with operations spanning 54 countries and territories, has announced two key leadership appointments within its Overseas General Insurance (COG) division.

Chubb reveals pair of leadership appointments within its Overseas General Insurance division

Chubb, a global leader in insurance with operations spanning 54 countries and territories, has announced two key leadership appointments within its Overseas General Insurance...
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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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