FinTech News

US and France dominate Q3 2024 InsurTech top 10 deals with $2.38bn funding

US and French companies occupied the top 10 InsurTech deals spots in Q3

Key Global InsurTech investment stats in Q3 2024: Global InsurTech deal activity dropped by 49% YoY US and French companies completed all of the...
AXA, a global leader in insurance and asset management, has unveiled its latest mental health initiative, the Mind Health Self-check.

AXA launches Mind Health Self-check for mental health awareness and insurance prevention

AXA, a global leader in insurance and asset management, has unveiled its latest mental health initiative, the Mind Health Self-check.
Qover, a leading InsurTech company specialising in embedded insurance solutions, has partnered with Mastercard to improve the online shopping experience for Mastercard credit cardholders in Belgium and Luxembourg.

Qover and Mastercard partner to enhance online shopping protection in Belgium and Luxembourg

Qover, a leading InsurTech company specialising in embedded insurance solutions, has partnered with Mastercard to improve the online shopping experience for Mastercard credit cardholders in Belgium and Luxembourg.
Mercedes-Benz Insurance Services UK Limited, the insurance arm of the renowned automobile manufacturer, has partnered with Wrisk to enhance its car insurance offerings with a customer-centric subscription model.

Mercedes-Benz Insurance and Wrisk partner for innovative car insurance solution

Mercedes-Benz Insurance Services UK Limited, the insurance arm of the renowned automobile manufacturer, has partnered with Wrisk to enhance its car insurance offerings with a customer-centric subscription model.
Covr Financial Technologies, a leading digital insurance provider, has launched Advisor 3.0, the latest version of its flagship insurance platform.

Covr launches Advisor 3.0 to transform digital insurance processes

Covr Financial Technologies, a leading digital insurance provider, has launched Advisor 3.0, the latest version of its flagship insurance platform. The update looks to address the...
Migrating from on-premises to cloud infrastructure is a major leap for any organisation. This was the case for a Fortune 500 insurer seeking to modernise its operations. Their existing system, which relied on outdated methods and manual processes, was no longer fit to handle the enormous amounts of data generated daily. This transformation involved building a robust, automated platform, transitioning to the cloud, and optimising for efficiency and scalability. Customer software development company Symfa explains how it supported the firm on this journey.

How Symfa helped a Fortune 500 insurer modernise its cloud infrastructure – part one

Migrating from on-premises to cloud infrastructure is a major leap for any organisation. This was the case for a Fortune 500 insurer seeking to modernise its operations. Their existing system, which relied on outdated methods and manual processes, was no longer fit to handle the enormous amounts of data generated daily. This transformation involved building a robust, automated platform, transitioning to the cloud, and optimising for efficiency and scalability. Customer software development company Symfa explains how it supported the firm on this journey.
ZestyAI has partnered with Standard Casualty Company to enhance risk assessment and policyholder collaboration for manufactured home insurance using advanced AI-driven property and climate risk analytics.

ZestyAI and Standard Casualty join forces to innovate property insurance for mobile homes

ZestyAI has partnered with Standard Casualty Company to enhance risk assessment and policyholder collaboration for manufactured home insurance using advanced AI-driven property and climate risk analytics.
HDI Global, a leading provider of industrial insurance, has announced plans to expand its environmental liability insurance offerings to international markets.

HDI Global expands ESG insurance offering with international environmental liability coverage

HDI Global, a leading provider of industrial insurance, has announced plans to expand its environmental liability insurance offerings to international markets. The expansion follows the...
Mulberri, a digital insurance platform focused on innovating business insurance, has joined forces with Qualys in a bid to deliver enhanced cyber insurance offerings.

Qualys partners with Mulberri to transform cyber insurance underwriting

Mulberri, a digital insurance platform focused on innovating business insurance, has joined forces with Qualys in a bid to deliver enhanced cyber insurance offerings.
Duck Creek Technologies, a global provider of intelligent solutions for property and casualty (P&C) and general insurance, has announced the opening of a second Centre of Excellence (CoE) in Warsaw, Poland.

Duck Creek Technologies expands with new centre of excellence in Poland

Duck Creek Technologies, a global provider of intelligent solutions for property and casualty (P&C) and general insurance, has announced the opening of a second Centre of Excellence (CoE) in Warsaw, Poland.

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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