FinTech News

South African InsurTech Naked, known for its AI-powered and fully digital insurance platform, has raised $38m in a recent financing round.

South African InsurTech Naked secures $38m to drive AI-powered growth

South African InsurTech Naked, known for its AI-powered and fully digital insurance platform, has raised $38m in a recent financing round.
As the European Union's Digital Operational Resilience Act (DORA) comes into effect, KYND, a leader in cyber risk intelligence and management, is urging financial services firms to prioritise long-term cyber resilience within their operations.

KYND urges financial firms to embrace long-term cyber resilience under DORA

As the European Union's Digital Operational Resilience Act (DORA) comes into effect, KYND, a leader in cyber risk intelligence and management, is urging financial services firms to prioritise long-term cyber resilience within their operations.
US-based R.E. Chaix adopts IntellectAI's underwriting platform to scale operations

US-based R.E. Chaix adopts IntellectAI’s underwriting platform to scale operations

US-based R.E. Chaix, a wholesale insurance brokerage firm specialising in multiple property and casualty (P&C) lines, has selected IntellectAI's end-to-end underwriting ecosystem, eMACH.ai Xponent, to enhance its wholesale and managing general agent (MGA) business.
QBE Insurance has committed £400m in capacity to Pen Underwriting’s UK and Ireland operations as part of a renewed strategic partnership.

QBE Insurance commits £400m in capacity for Pen Underwriting’s UK and Ireland operations

QBE Insurance has committed £400m in capacity to Pen Underwriting’s UK and Ireland operations as part of a renewed strategic partnership. The collaboration has been...
Celonis, a global leader in process mining and process intelligence, has unveiled a new AI Agent designed to prevent insurance claim leakage.

Celonis launches new AI Agent to prevent claim leakage

Celonis, a global leader in process mining and process intelligence, has unveiled a new AI Agent designed to prevent insurance claim leakage. This innovation was...
Award-winning pet insurance provider ManyPets, known for its innovative approach to InsurTech, has appointed Shane Larkin as its new chief marketing officer (CMO).

ManyPets strengthens leadership team with Shane Larkin as CMO

Award-winning pet insurance provider ManyPets, known for its innovative approach to InsurTech, has appointed Shane Larkin as its new chief marketing officer (CMO).
Percayso Inform, an insurance intelligence provider based in the UK, has enhanced its Quote Intelligence platform to address critical gaps in how insurance providers capture and analyse data.

Percayso Inform enhances Quote Intelligence platform with cutting-edge features

Percayso Inform, an insurance intelligence provider based in the UK, has enhanced its Quote Intelligence platform to address critical gaps in how insurance providers capture and analyse data.
BOXX Insurance, a leading global cyber InsurTech, has appointed Erik Tifft as head of products, alongside Jim Miller and Gil Cujcuj as distribution leaders for the east and west regions, respectively.

BOXX Insurance expands US team with new product head and distribution leaders

BOXX Insurance, a leading global cyber InsurTech, has appointed Erik Tifft as head of products, alongside Jim Miller and Gil Cujcuj as distribution leaders...
Jove, a London-based InsurTech, has unveiled its innovative Pan-European Business Liability Insurance product.

Jove launches groundbreaking Pan-European Business Liability Insurance

Jove, a London-based InsurTech, has unveiled its innovative Pan-European Business Liability Insurance product.
The insurance sector is undergoing a transformative shift, driven by the surge in artificial intelligence (AI) solutions. Vendors are flooding the market, each boasting capabilities to revolutionise claims processing, enhance efficiency, and unlock business value. While this wave of innovation presents immense opportunities, it also brings a significant challenge: selecting the right AI partner from a crowded and competitive field. For decision-makers, this choice could make or break operational success.

A guide to selecting reliable AI vendors in insurance

The insurance sector is undergoing a transformative shift, driven by the surge in artificial intelligence (AI) solutions. Vendors are flooding the market, each boasting capabilities to revolutionise claims processing, enhance efficiency, and unlock business value. While this wave of innovation presents immense opportunities, it also brings a significant challenge: selecting the right AI partner from a crowded and competitive field. For decision-makers, this choice could make or break operational success.

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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