FinTech News

Transamerica, a leading provider of life insurance, retirement, and financial protection solutions, has introduced a refreshed brand identity.

Transamerica unveils refreshed brand identity

Transamerica, a leading provider of life insurance, retirement, and financial protection solutions, has introduced a refreshed brand identity.
Mike Lloyd, the co-founder and former COO of Corvus Insurance, has launched Pine View Insurance Group, an independent agency specialising in high-net-worth insurance solutions.

Mike Lloyd launches Pine View Insurance Group to transform luxury insurance market

Mike Lloyd, the co-founder and former COO of Corvus Insurance, has launched Pine View Insurance Group, an independent agency specialising in high-net-worth insurance solutions.
Tractive, a leading provider of GPS and health trackers for pets, has partnered with Lassie, an innovative pet insurance provider known for its comprehensive mobile app.

Tractive teams up with Lassie to merge GPS tracking and pet insurance

Tractive, a leading provider of GPS and health trackers for pets, has partnered with Lassie, an innovative pet insurance provider known for its comprehensive...
How generative AI is transforming wholesale insurance distribution

How generative AI is transforming wholesale insurance distribution

Generative AI is revolutionising the insurance sector, particularly for wholesalers, by addressing critical challenges like reduced capacity, increased competition, and the demand for value demonstration.
Carbon Underwriting Limited, an independent managing general underwriter and Lloyd’s syndicate, has announced the appointment of Alex Poracchia as its new chief financial officer (CFO), effective immediately.

Carbon Underwriting appoints Alex Poracchia as CFO to drive next phase of growth

Carbon Underwriting Limited, an independent managing general underwriter and Lloyd’s syndicate, has announced the appointment of Alex Poracchia as its new chief financial officer (CFO), effective immediately.
Bikmo, a specialist cycle insurer, has partnered with premium bike brands Santa Cruz and Cervélo to offer new owners enhanced insurance and superior aftersales support.

Bikmo partners with Santa Cruz and Cervélo to offer premium cycle insurance

Bikmo, a specialist cycle insurer, has partnered with premium bike brands Santa Cruz and Cervélo to offer new owners enhanced insurance and superior aftersales...
Optalitix is set to digitise and streamline underwriting processes for CannGen Insurance Services as part of a new collaboration.

Optalitix digitises CannGen’s underwriting processes across North America and Europe

Optalitix is set to digitise and streamline underwriting processes for CannGen Insurance Services as part of a new collaboration.
Urban Jungle has become the first UK InsurTech to offer both home and travel insurance following the launch of its latest product.

Urban Jungle expands coverage with new travel insurance product

Urban Jungle has become the first UK InsurTech to offer both home and travel insurance following the launch of its latest product. The new travel...
Cytora, a London-based InsurTech, has expanded its global advisory board with the appointment of insurance industry veteran Clive Buesnel.

Cytora welcomes insurance veteran Clive Buesnel to advisory board

Cytora, a London-based InsurTech, has expanded its global advisory board with the appointment of insurance industry veteran Clive Buesnel.
US InsurTech funding decline

Investor caution drives one-third drop in US InsurTech funding in 2024

Key United States InsurTech investment stats in 2024: US InsurTech funding dropped by a third in 2024 YoY Deals over $100m declined by 38%...
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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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