FinTech News

The California Joint Powers Insurance Authority has selected Risk Control Technologies (RCT) to modernise and enhance its loss control and risk management processes.

California JPIA selects Risk Control Technologies to bolster its loss control processes

The California Joint Powers Insurance Authority has selected Risk Control Technologies (RCT) to modernise and enhance its loss control and risk management processes.
Inspectify, a Seattle-based property inspection and underwriting platform, has raised $5.26m in a funding round led by Munich Re Ventures.

Inspectify raises $5.26m to drive innovation in property risk assessment

Inspectify, a Seattle-based property inspection and underwriting platform, has raised $5.26m in a funding round led by Munich Re Ventures.
Aurora Insurance, a London-based digital insurance platform, has secured seed funding from QBE Ventures, as it aims to develop cutting-edge solutions within the commercial insurance sector.

London-based digital insurance platform Aurora raises seed funding from QBE Ventures

Aurora Insurance, a London-based digital insurance platform, has secured seed funding from QBE Ventures, as it aims to develop cutting-edge solutions within the commercial insurance sector.
Valon, a trailblazer in mortgage technology, has successfully secured $100m in a Series C funding round.

Valon secures $100m in Series C to transform the mortgage industry

Valon, a trailblazer in mortgage technology, has successfully secured $100m in a Series C funding round.
Chubb, a global leader in property and casualty insurance, has appointed Tim Benson as its new executive vice president, multinational insurance leader, effective October 30.

Chubb strengthens multinational insurance division with new hire

Chubb, a global leader in property and casualty insurance, has appointed Tim Benson as its new executive vice president, multinational insurance leader, effective October...
Iress, a leading technology provider for the financial services industry, and Zurich, a prominent global insurer, have announced a partnership to enhance the quotation process for life insurance products on Iress’s The Exchange platform.

Iress and Zurich partner to refine life insurance premium accuracy

Iress, a leading technology provider for the financial services industry, and Zurich, a prominent global insurer, have announced a partnership to enhance the quotation process for life insurance products on Iress’s The Exchange platform.
InsurTech firm Igloo, a leading player in Southeast Asia’s insurance technology market, has officially launched its direct-to-consumer (D2C) platform, igloo.co.id, in Indonesia.

Igloo launches D2C insurance platform to expand accessibility in Indonesia

InsurTech firm Igloo, a leading player in Southeast Asia’s insurance technology market, has officially launched its direct-to-consumer (D2C) platform, igloo.co.id, in Indonesia.
Verisk, a global leader in data analytics and technology, has announced that its president and CEO, Lee Shavel, has been appointed to the Federal Advisory Committee on Insurance (FACI).

Verisk CEO Lee Shavel appointed to U.S. Federal Advisory Committee on Insurance

Verisk, a global leader in data analytics and technology, has announced that its president and CEO, Lee Shavel, has been appointed to the Federal Advisory Committee on Insurance (FACI).
Prudential Financial, Inc. has entered a strategic partnership with 123Seguro to bring accident & health, life, and ancillary insurance products to Brazil and Mexico.

Prudential Financial partners with 123Seguro to expand insurance services in Latin America

Prudential Financial, Inc. has entered a strategic partnership with 123Seguro to bring accident & health, life, and ancillary insurance products to Brazil and Mexico. The partnership’s initial focus...
Liberty Mutual, a leading global insurer, has formed an exclusive partnership with Jaguar Land Rover North America (JLR) to provide tailored auto insurance solutions for JLR vehicle owners in the U.S. during the car buying process.

Liberty Mutual partners with Jaguar Land Rover to offer premium auto insurance to US...

Liberty Mutual, a leading global insurer, has formed an exclusive partnership with Jaguar Land Rover North America (JLR) to provide tailored auto insurance solutions for JLR vehicle owners in the U.S. during the car buying process.

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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