FinTech News

BriteCore

BriteCore unveils new vendor integrations to transform P&C insurance operations

BriteCore, a provider of cloud-native core insurance platforms for property and casualty insurers, has expanded its Solution Partner Marketplace. This enhancement introduces five new...
Akur8

CompSource Mutual enhances Pricing Accuracy with Akur8

CompSource Mutual, the leading provider of workers’ compensation insurance in Oklahoma, has partnered with Akur8 to revolutionize their pricing models through the implementation of...
InsuranceDekho secures $70m funding as Beams Fintech Fund doubles down on investment

InsuranceDekho secures $70m funding as Beams Fintech Fund doubles down on investment

Beams Fintech Fund, a prominent private equity firm focused on growth-stage FinTech and financial services companies, has confirmed its participation in a $70m funding round for its portfolio company InsuranceDekho.
Fusion Specialty partners with Insly to streamline M&A insurance operations

Fusion Specialty partners with Insly to streamline M&A insurance operations

Fusion Specialty, a global underwriting agency (managing general agent), has partnered with Insly, an insurance software provider, to modernise its operations and enhance efficiency.

Coalition secures $30m investment from MS&AD to expand Active Insurance offering

Coalition, a cybersecurity-focused InsurTech firm specialising in Active Insurance, has secured a $30m equity investment from Mitsui Sumitomo Insurance, a key subsidiary of MS&AD Insurance Group, Japan’s largest non-life insurer and a major player across the Asia-Pacific region.
AI-driven InsurTech CompScience raises $27.6m to enhance workplace safety

AI-driven InsurTech CompScience raises $27.6m to enhance workplace safety

CompScience, an AI-driven InsurTech focused on workplace safety, has secured $27.6m in a Series B funding round led by Sands Capital.
Outdoorsy Group’s Roamly expands into Canada with Canadian Access acquisition

Outdoorsy Group’s Roamly expands into Canada with Canadian Access acquisition

The Outdoorsy Group has announced the expansion of its InsurTech platform Roamly into Canada, marking a key step in its international growth strategy.
Sapiens launches UnderwritingPro v14 with AI-powered automation for life insurers

Sapiens launches UnderwritingPro v14 with AI-powered automation for life insurers

Sapiens International Corporation has introduced the latest version of its automated underwriting and new business case management platform, designed specifically for life and annuities insurers.
Napo raises €14.4m to revolutionise pet insurance with AI and automation

Napo raises €14.4m to revolutionise pet insurance with AI and automation

London-based InsurTech company, Napo, which specialises in pet insurance solutions, has successfully closed a €14.4m Series B funding round.
AI-driven InsurTech Adaptive Insurance secures $5m to launch climate resilience platform

AI-driven InsurTech Adaptive Insurance secures $5m to launch climate resilience platform

Adaptive Insurance, a Texas-based climate resilience company, has secured $5m in a seed funding round to accelerate the rollout of its AI-driven parametric insurance solutions aimed at protecting businesses from climate-related disruptions.

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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