FinTech News

Delos Insurance Solutions, a property insurance MGA, has successfully closed a $9m Series A funding round.

Delos Insurance Solutions attracts $9m in Series A to tackle wildfire risks

Delos Insurance Solutions, a property insurance MGA, has successfully closed a $9m Series A funding round.
The 2024 Earnix Industry Trends Report has revealed that the insurance sector faces pressing challenges with AI adoption, legacy system modernisation, and compliance pressures.

2024 insurance trends: Earnix report reveals insurers lagging in AI and tech modernisation

The 2024 Earnix Industry Trends Report has revealed that the insurance sector faces pressing challenges with AI adoption, legacy system modernisation, and compliance pressures.
Bindable, a prominent InsurTech firm specialising in alternative distribution technology and services, has introduced a new solution designed for businesses interested in establishing property and casualty (P&C) insurance agencies.

Bindable unveils virtual agency model to simplify P&C insurance for new entrants

Bindable, a prominent InsurTech firm specialising in alternative distribution technology and services, has introduced a new solution designed for businesses interested in establishing property and casualty (P&C) insurance agencies.
Aon, a global professional services firm listed on the New York Stock Exchange under the ticker AON, has signed a definitive agreement to acquire Griffiths & Armour, a UK-based insurance broker.

Aon to acquire Griffiths & Armour to strengthen UK and Ireland market presence

Aon, a global professional services firm listed on the New York Stock Exchange under the ticker AON, has signed a definitive agreement to acquire Griffiths & Armour, a UK-based insurance broker.
Pro Global, a trusted advisor for the specialist insurance sector, has announced a significant enhancement of its Digital Services capabilities.

Pro Global enhances digital services with Propel Automation integration for re/insurers

Pro Global, a trusted advisor for the specialist insurance sector, has announced a significant enhancement of its Digital Services capabilities.
CLARA Analytics, a leading provider of artificial intelligence (AI) technology for insurance claims optimisation, has added a finance veteran to its leadership team as its new Chief Financial Officer (CFO).

CLARA Analytics appoints finance veteran as its new CFO

CLARA Analytics, a leading provider of artificial intelligence (AI) technology for insurance claims optimisation, has added a finance veteran to its leadership team as its new Chief Financial Officer (CFO).
Customer retention is a critical focus for life and health insurers, who must now navigate an evolving market landscape characterised by increasing customer expectations. Providing personalised experiences, streamlining claims processes, and implementing wellness programmes are all essential strategies that insurers can leverage to enhance customer engagement, reduce churn, and foster long-term loyalty. Digital health engagement platform dacadoo offers up some ideas as to how life and health insurers can retain their customers.

How to retain life and health insurance customers

Customer retention is a critical focus for life and health insurers, who must now navigate an evolving market landscape characterised by increasing customer expectations. Providing personalised experiences, streamlining claims processes, and implementing wellness programmes are all essential strategies that insurers can leverage to enhance customer engagement, reduce churn, and foster long-term loyalty. Digital health engagement platform dacadoo offers up some ideas as to how life and health insurers can retain their customers.
Marsh, a leading global insurance broker and risk advisor, has unveiled significant leadership appointments within its global placement practice.

Marsh bolsters global placement practice with swathe of new hires

Marsh, a leading global insurance broker and risk advisor, has unveiled significant leadership appointments within its global placement practice.
Chubb, a leading global insurance provider, has announced two key appointments in its Latin American leadership team to drive growth and enhance client service across Latin America’s rapidly developing markets.

Insurance giant Chubb strengthens Latin America team with new leadership roles

Chubb, a leading global insurance provider, has announced two key appointments in its Latin American leadership team to drive growth and enhance client service across Latin America’s rapidly developing markets.
Accelerant, a private equity-backed unicorn focusing on the specialty insurance market, has launched a new digital platform to drive superior underwriting results. 

Accelerant unveils AI-powered platform to drive underwriting results

Accelerant, a private equity-backed unicorn focusing on the specialty insurance market, has launched a new digital platform to drive superior underwriting results. 

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...
224931

60,000+ InsurTech leaders get exclusive insights delivered every week