FinTech News

French InsurTech funding 2024

French InsurTech funding surged by 3x in 2024 as investors prioritised higher value deals

Key French InsurTech investment stats in 2024: French InsurTech funding surged by 3x in 2024 Average deal increased to $31m as investors prioritised higher...
Expert.ai, a leading provider of artificial intelligence (AI) enterprise solutions, has introduced its latest innovation, the EidenAI Suite to enhance claims management, improve policy personalisation, and strengthen fraud prevention.

Expert.ai unveils EidenAI Suite to enhance claims management

Expert.ai, a leading provider of artificial intelligence (AI) enterprise solutions, has introduced its latest innovation, the EidenAI Suite to enhance claims management, improve policy personalisation, and strengthen fraud prevention.
Risk digitisation has emerged as the top strategic technology priority for commercial insurers in North America and the UK, according to a new survey conducted by digital risk processing platform Cytora.

Risk digitisation tops technology priorities for insurers

Risk digitisation has emerged as the top strategic technology priority for commercial insurers in North America and the UK, according to a new survey conducted by digital risk processing platform Cytora.
Agentero, a digital insurance network dedicated to modernising insurance distribution, has launched a new compliance management solution to simplify producer management for carriers, Managing General Agents (MGAs), and agencies.

Agentero launches Producerflow to streamline insurance compliance management

Agentero, a digital insurance network dedicated to modernising insurance distribution, has launched a new compliance management solution to simplify producer management for carriers, Managing General Agents (MGAs), and agencies.
Peak3, a global leader in InsurTech, is redefining the insurance landscape through the launch of its accumulator insurance propositions for personalised coverage.

Peak3 unveils innovative accumulator insurance for personalised coverage

Peak3, a global leader in InsurTech, is redefining the insurance landscape through the launch of its accumulator insurance propositions for personalised coverage.
Simply Business, a leading digital insurance marketplace catering to small businesses, has announced a new partnership with London Underwriters, a national wholesale insurance brokerage specialising in InsurTech distribution.

Simply Business and London Underwriters partner to enhance digital insurance distribution for small businesses

Simply Business, a leading digital insurance marketplace catering to small businesses, has announced a new partnership with London Underwriters, a national wholesale insurance brokerage specialising in InsurTech distribution.
Admiral has entered into a strategic partnership with FinTech West, a representative body supporting financial technology growth in the South West of England to enhance relationships and engagement within the region’s InsurTech ecosystem.

Admiral partners with FinTech West to boost South West InsurTech innovation

Admiral has entered into a strategic partnership with FinTech West, a representative body supporting financial technology growth in the South West of England to enhance relationships and engagement within the region’s InsurTech ecosystem.
How AI expert agents are transforming insurance underwriting workflows

How AI expert agents are transforming insurance underwriting workflows

AI expert agents are emerging as powerful tools in the insurance industry, reshaping the underwriting process by mimicking human decision-making. As artificial intelligence continues...
Clearspeed has partnered with 1st Central to integrate its voice-based risk assessment technology into the insurer’s claims process, accelerating legitimate settlements and enhancing fraud detection.

First Central integrates Clearspeed’s voice technology to accelerate claims processing

Clearspeed has partnered with 1st Central to integrate its voice-based risk assessment technology into the insurer’s claims process, accelerating legitimate settlements and enhancing fraud detection.
Munich Re, a global reinsurance leader, has signed a definitive agreement to acquire NEXT Insurance, a digital-first small business insurer, in a deal worth $2.6bn.

Munich Re acquires NEXT Insurance for $2.6bn to expand InsurTech footprint

Munich Re, a global reinsurance leader, has signed a definitive agreement to acquire NEXT Insurance, a digital-first small business insurer, in a deal worth $2.6bn.

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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