FinTech News

Branch Insurance has recently collaborated with Kyber, an AI-driven technology provider specialising in workflow automation, to optimise its claims notification process.

Branch Insurance partners with Kyber to revolutionise claims processing through AI automation

Branch Insurance has recently collaborated with Kyber, an AI-driven technology provider specialising in workflow automation, to optimise its claims notification process.
Q3 surge in European InsurTech under $100m as market rebounds

European InsurTech deals increased by a third as investors prioritised deals under $100m in...

Key European InsurTech investment stats in Q3 2024: European InsurTech deal activity increased by a third QoQ Investors prioritise deals under $100m with an...
Centana Growth Partners has acquired a majority stake in First Connect Insurance, an InsurTech platform focused on empowering independent insurance agents in the U.S.

Centana Growth Partners acquires $60m stake in First Connect Insurance to expand U.S. independent...

Centana Growth Partners has acquired a majority stake in First Connect Insurance, an InsurTech platform focused on empowering independent insurance agents in the U.S.
Newgen Software, a global provider of digital transformation platforms, has announced the extension of its strategic partnership with Fadatato advance digital transformation in the insurance sector.

Newgen and Fadata partnership targets operational efficiency for insurers

Newgen Software, a global provider of digital transformation platforms, has announced the extension of its strategic partnership with Fadatato advance digital transformation in the insurance sector.

Specialty insurer Fortegra secures $150m in financing for growth and risk management

Fortegra, has secured $150m in capital through a Fixed Rate Resetting Junior Subordinated Notes issuance, carrying a 9.25% interest rate and maturing in 2064. Fortegra,...
Sapiens International Corporation, a global provider of software solutions for the insurance industry, has announced the successful deployment of its DataSuite solution by a Tier 1 insurer in Africa.

Sapiens boosts Tier 1 African insurer through DataSuite solution

Sapiens International Corporation, a global provider of software solutions for the insurance industry, has announced the successful deployment of its DataSuite solution by a Tier 1 insurer in Africa.
AXA Switzerland has announced a partnership with additiv to launch a new bancassurance solution which will enable banks to directly protect their mortgage customers against key risks with a simple plug-and-play solution.

AXA Switzerland and additiv partner for digital bancassurance solution

AXA Switzerland has announced a partnership with additiv to launch a new bancassurance solution which will enable banks to directly protect their mortgage customers against key risks with a simple plug-and-play solution.
The 2024 U.S. presidential election, one of the most closely watched and contentious in recent history, has culminated in Donald Trump’s re-election as the 47th president. With the nation sharply divided over key issues—from economic policies and immigration to the future of democracy—this election has underscored the deepening polarisation in the U.S. political landscape. As ballots are counted and legal challenges loom, the country stands at a critical juncture, with Trump poised to once again shape the future of America amidst intense scrutiny and ongoing controversies. But what does this historic moment mean for the global InsurTech industry?

What does Donald Trump’s presidential election win mean for InsurTech?

The 2024 U.S. presidential election, one of the most closely watched and contentious in recent history, has culminated in Donald Trump’s re-election as the 47th president. With the nation sharply divided over key issues—from economic policies and immigration to the future of democracy—this election has underscored the deepening polarisation in the U.S. political landscape. As ballots are counted and legal challenges loom, the country stands at a critical juncture, with Trump poised to once again shape the future of America amidst intense scrutiny and ongoing controversies. But what does this historic moment mean for the global InsurTech industry?
A recent survey by ZestyAI has revealed that 73% of insurers believe AI models are key to managing climate-related losses, as the insurance industry grapples with mounting losses from extreme weather.

73% of insurers see AI models as key to managing climate risks

A recent survey by ZestyAI has revealed that 73% of insurers believe AI models are key to managing climate-related losses, as the insurance industry grapples with mounting losses from extreme weather.
Marsh, the world’s largest insurance broker and risk advisor, and part of Marsh McLennan, has announced two significant leadership appointments.

Marsh announces pair of leadership appointments

Marsh, the world’s largest insurance broker and risk advisor, and part of Marsh McLennan, has announced two significant leadership appointments. Alistair Fraser will step into...

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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