FinTech News

Paris-based InsurTech startup Little John has raised €1.1m in pre-seed funding to develop its generative AI platform tailored for independent insurance brokers.

Paris-based Little John raises €1.1m to empower independent insurance brokers

Paris-based InsurTech startup Little John has raised €1.1m in pre-seed funding to develop its generative AI platform tailored for independent insurance brokers.
Wefox, a European insurance company, is reportedly finalising a €170m (£141m) financing package led by private equity firm Searchlight Capital Partners, according to Sky News.

European InsurTech leader Wefox closes €170m refinancing deal

Wefox, a European insurance company, is reportedly finalising a €170m (£141m) financing package led by private equity firm Searchlight Capital Partners, according to Sky...
Embracing innovation often requires challenging the status quo and partnering with solutions that not only address current demands but also anticipate future needs. ChainThat’s Beyond Policy Administration (BPA) platform has emerged as a game-changer for companies striving to achieve operational excellence.

How ChainThat’s BPA platform is helping insurers boost their operational excellence

Embracing innovation often requires challenging the status quo and partnering with solutions that not only address current demands but also anticipate future needs. ChainThat’s...
Swiss Re, a global leader in reinsurance and risk management, has announced the promotion of Aisyah Fuad to market head for Southeast Asia (South), effective from 1 January 2025.

Swiss Re appoints Aisyah Fuad as market head for Southeast Asia

Swiss Re, a global leader in reinsurance and risk management, has announced the promotion of Aisyah Fuad to market head for Southeast Asia (South), effective from 1 January 2025.
Hiscox, a specialist global insurer, has announced the appointment of Frank Lamantia as chief technology officer (CTO).

Hiscox appoints Frank Lamantia as CTO to drive digital transformation

Hiscox, a specialist global insurer, has announced the appointment of Frank Lamantia as chief technology officer (CTO).
Kettle, an InsurTech firm specialising in insurance and reinsurance for wildfire-prone areas, has announced the appointment of Jeff Chen as its chief risk officer (CRO).

Insurance leader Jeff Chen joins Kettle as CRO

Kettle, an InsurTech firm specialising in insurance and reinsurance for wildfire-prone areas, has announced the appointment of Jeff Chen as its chief risk officer (CRO).
Simply Business, LLC, the leading digital insurance marketplace dedicated to small businesses, has partnered with Coterie Insurance, a tech-driven managing general agent (MGA) specialising in small business insurance solutions.

Simply Business partners with Coterie Insurance to streamline small business coverage

Simply Business, LLC, the leading digital insurance marketplace dedicated to small businesses, has partnered with Coterie Insurance, a tech-driven managing general agent (MGA) specialising...
AIG, a leading global insurance organisation offering property & casualty insurance, life insurance, and retirement solutions, has announced the launch of Syndicate 2478 at Lloyd’s.

AIG leads launch of Syndicate 2478 at Lloyd’s to enhance reinsurance program

AIG, a leading global insurance organisation offering property & casualty insurance, life insurance, and retirement solutions, has announced the launch of Syndicate 2478 at Lloyd’s.
NeueHealth, a healthcare services company focused on value-based care, announced its acquisition by an affiliate of New Enterprise Associates (NEA) in a deal valued at $1.3bn.

NeueHealth acquired by NEA affiliate in $1.3bn deal

NeueHealth, a healthcare services company focused on value-based care, announced its acquisition by an affiliate of New Enterprise Associates (NEA) in a deal valued...
As 2024 draws to a close, experts in the insurance sector are forecasting the trends and obstacles likely to define the industry in 2025. While technologies like generative AI are making waves in claims processing and customer engagement, age-old challenges around efficiency, accuracy, and security remain prominent.

Navigating insurance challenges in 2025

As 2024 draws to a close, experts in the insurance sector are forecasting the trends and obstacles likely to define the industry in 2025. While technologies like generative AI are making waves in claims processing and customer engagement, age-old challenges around efficiency, accuracy, and security remain prominent.

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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