FinTech News

IQUW, a prominent (re)insurer with a focus on digital transformation and seamless broker experiences, has entered a strategic partnership with mea in a bid to transform the underwriting process. 

IQUW and mea partner to boost underwriting efficiency

IQUW, a prominent (re)insurer with a focus on digital transformation and seamless broker experiences, has entered a strategic partnership with mea in a bid to transform the underwriting process. 
Bolt joins forces with Salesforce to revolutionize insurance quoting

Bolt joins forces with Salesforce to revolutionize insurance quoting

Bolt announces a strategic partnership with Salesforce, an industry leader in customer relationship management (CRM).
CyberCube and Miller form strategic alliance to elevate cyber risk management

CyberCube and Miller form strategic alliance to elevate cyber risk management

CyberCube, the foremost provider of cyber risk analytics, has recently forged a strategic partnership with Miller, a leading independent specialist (re)insurance broker.
HOMEE secures $12m in Series C funding to enhance AI claims management

HOMEE secures $12m in Series C funding to enhance AI claims management

HOMEE, an AI-driven direct repair network for the Property and Casualty (P&C) insurance industry, today announced the successful closure of its Series C funding round, amassing $12m.
Global InsurTech market rebounds in Q3 2024 with 55% funding increase

Global InsurTech market rebounded in Q3 as average deal value tripled

Key InsurTech investment stats in Q3 2024: Global InsurTech market rebounded in Q3 as funding increased by 55% YoY Average deal value tripled in...
Tokio Marine Kiln (TMK), a specialist insurance provider renowned for its expertise in marine and specialty insurance, has announced the appointment of Alexandros Ampatzis as the new head of marine for the Asia-Pacific (APAC) region.

Tokio Marine Kiln appoints industry veteran as head of marine for APAC

Tokio Marine Kiln (TMK), a specialist insurance provider renowned for its expertise in marine and specialty insurance, has announced the appointment of Alexandros Ampatzis as the new head of marine for the Asia-Pacific (APAC) region.
Pivix Specialty Insurance Services, a managing general agency specialising in excess and surplus lines, has partnered with Canopius US Insurance to enhance insurance offerings in the wholesale distribution market.

Canopius and Pivix unite to streamline commercial property insurance access for wholesale brokers

Pivix Specialty Insurance Services, a managing general agency specialising in excess and surplus lines, has partnered with Canopius US Insurance to enhance insurance offerings in the wholesale distribution market.
Prudential Hong Kong, a leading life insurance provider in Hong Kong, has launched MedScreen+, a digital underwriting tool designed in partnership with Reinsurance Group of America. 

Prudential Hong Kong and RGA partner to launch MedScreen+ for faster digital underwriting

Prudential Hong Kong, a leading life insurance provider in Hong Kong, has launched MedScreen+, a digital underwriting tool designed in partnership with Reinsurance Group of America. 
ZestyAI and Donegal Insurance Group have partnered on an initiative that enhances property risk evaluation within Donegal’s Personal Lines policies through ZestyAI’s new Roof Age solution.

Donegal Insurance leverages ZestyAI’s Roof Age solution for enhanced property risk evaluation

ZestyAI and Donegal Insurance Group have partnered on an initiative that enhances property risk evaluation within Donegal’s Personal Lines policies through ZestyAI’s new Roof Age solution. The collaboration...
Global commercial insurance rates shockingly experienced their first decline in seven years, according to the Global Insurance Market Index released today by Marsh.

Global commercial insurance rates experience first decline in seven years

Global commercial insurance rates shockingly experienced their first decline in seven years, according to the Global Insurance Market Index released today by Marsh.
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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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