FinTech News

MAPFRE, a leading Spanish insurer and the largest multinational insurance group in Latin America, has announced the release of its Manifesto for a Humanistic, Ethical, and Responsible AI.

Spanish insurer MAPFRE launches AI Center and Manifesto to lead ethical AI development

MAPFRE, a leading Spanish insurer and the largest multinational insurance group in Latin America, has announced the release of its Manifesto for a Humanistic,...
European InsurTech funding Q1 2025

European InsurTech funding jumped 2.6x in Q1 as investors loosen purse strings

Key European InsurTech investment stats in Q1 2025: European InsurTech funding jumped 2.6x QoQ in Q1 2025 Average deal value rose to $19.7m as...
Why insurers must balance fast service with accurate AI outputs

Why insurers must balance fast service with accurate AI outputs

As expectations for speed and convenience rise, insurance companies are under growing pressure to deliver fast, seamless service to their clients. Yet, as M-Files warns, speed without accuracy—especially when deploying generative AI—can risk customer satisfaction and ultimately harm a firm’s reputation.

IntellectAI targets insurance inefficiencies with AI-driven policy placement solution

IntellectAI, the InsurTech division of Intellect Design Arena, has unveiled Magic Placement, a new AI-powered solution designed to overhaul the way agents, brokers, and wholesalers compare insurance documents.
MIB Group, a leading provider of data-driven solutions for the life insurance industry, has acquired Clareto, a medical record retrieval company, from Munich Re Life US.

MIB Group acquires Clareto from Munich Re to enhance electronic health record integration in...

MIB Group, a leading provider of data-driven solutions for the life insurance industry, has acquired Clareto, a medical record retrieval company, from Munich Re...
Turris, a provider of compliance and payment automation solutions for the insurance sector, has partnered with Loro Insurtech to deliver a unified solution aimed at modernising how insurers and MGAs handle compliance and broker onboarding.

Turris and Loro Insurtech join forces to simplify insurance compliance

Turris, a provider of compliance and payment automation solutions for the insurance sector, has partnered with Loro Insurtech to deliver a unified solution aimed...
Akur8, a Paris-based InsurTech, has partnered with Post Telecommunication Joint Stock Insurance Corporation (PTI), one of Vietnam’s leading non-life insurance providers, to enhance its actuarial capabilities.

Vietnam’s PTI adopts Akur8’s machine learning platform to modernise pricing strategy

Akur8, a Paris-based InsurTech, has partnered with Post Telecommunication Joint Stock Insurance Corporation (PTI), one of Vietnam’s leading non-life insurance providers, to enhance its actuarial capabilities.
ZestyAI, a leading provider of AI-powered risk analytics for the insurance sector, has received regulatory approval from the Ohio Department of Insurance for its Severe Convective Storm suite.

ZestyAI launches Severe Convective Storm suite in Ohio

ZestyAI, a leading provider of AI-powered risk analytics for the insurance sector, has received regulatory approval from the Ohio Department of Insurance for its...
Earnix, a global provider of intelligent, AI-driven decisioning solutions for the insurance sector, has joined the British Insurance Brokers’ Association (BIBA) as an associate member.

Earnix joins UK insurance trade body BIBA to support broker innovation

Earnix, a global provider of intelligent, AI-driven decisioning solutions for the insurance sector, has joined the British Insurance Brokers’ Association (BIBA) as an associate member.
Jove, a UK-based InsurTech company, has partnered with global insurance leader Chubb to launch its first fully digital insurance programme, specifically designed to serve technology contractors and businesses across the UK.

Jove partners with Chubb to launch first UK digital insurance programme for tech contractors

Jove, a UK-based InsurTech company, has partnered with global insurance leader Chubb to launch its first fully digital insurance programme, specifically designed to serve technology contractors and businesses across the UK.

News Stories

Capricorn Mutual completes Duck Creek platform go-live

Capricorn Mutual completes Duck Creek platform go-live

Aggne, a Wipro company and insurance technology services provider, has confirmed the successful go-live of Capricorn Mutual, the member-owned risk protection organisation, on Duck...
Why rating engines are becoming insurers' decision hub

Why rating engines are becoming insurers’ decision hub

Pricing technology is moving beyond its traditional home in actuarial and underwriting teams. Rating engines are increasingly being used by marketing, innovation and product...
AML

Why underwriting data holds the key to spotting AML risk

Insurance houses across South Africa are pouring money into anti-financial crime tools, yet heavy spending alone is not solving the problem. Effectiveness, particularly at...
Wildfire data model drives new California cover

Wildfire data model drives new California cover

DUAL North America, a specialty programme administrator, Kingstone Companies, a Northeast-focused property insurer, and Windward Risk Managers, a Florida-based risk manager, have each launched...
ManyPets debuts UK's first ChatGPT insurance plugin

ManyPets debuts UK’s first ChatGPT insurance plugin

ManyPets, a UK pet insurance provider offering Lifetime cover and an AI-powered claims service, has become the first UK specialist pet insurance provider to...
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