FinTech News

InsurTech firm The Helper Bees lands $35m to enhance at-home care solutions

InsurTech firm The Helper Bees lands $35m to enhance at-home care solutions

The Helper Bees, an InsurTech company focused on enabling older adults to live independently at home, has secured $35m in Series C funding.
MGT Insurance, an AI-driven commercial neo-insurer, has announced the launch of its new surplus lines (E&S) company.

MGT Specialty launches to expand E&S coverage for small businesses

MGT Insurance, an AI-driven commercial neo-insurer, has announced the launch of its new surplus lines (E&S) company. This expansion enhances MGT’s ability to support the...
Aviva, a leading UK-based insurance provider, has partnered with AutoRek, a specialist in automated reconciliation and financial control solutions, to improve its reconciliation and Client Assets Sourcebook (CASS) compliance processes.

Aviva selects AutoRek to bolster CASS compliance and operational efficiency

Aviva, a leading UK-based insurance provider, has partnered with AutoRek, a specialist in automated reconciliation and financial control solutions, to improve its reconciliation and Client Assets Sourcebook (CASS) compliance processes.
Tokio Marine HCC International has partnered with Optalitix, a provider of data analytics and pricing solutions, to modernise its underwriting and pricing processes in the London Market.

Tokio Marine HCC International partners with Optalitix to enhance London Market underwriting

Tokio Marine HCC International has partnered with Optalitix, a provider of data analytics and pricing solutions, to modernise its underwriting and pricing processes in the London Market.
American International Group (AIG), a leading global insurance organisation, has announced that Jon Hancock will take on additional responsibilities as the company restructures its business into three distinct segments.

Jon Hancock takes on expanded leadership role at AIG

American International Group (AIG), a leading global insurance organisation, has announced that Jon Hancock will take on additional responsibilities as the company restructures its business into three distinct segments.
Gaia raises $14m to scale fertility insurance platform in the US

Gaia raises $14m to scale fertility insurance platform in the US

Gaia, a fertility insurance and prediction platform, has raised $14m in funding to support its expansion across the United States.
InsuranceDekho could secure up to $100m in funding led by MUFG Bank and C. Development

InsuranceDekho could secure up to $100m in funding led by MUFG Bank and C....

InsurTech company InsuranceDekho, a platform enabling customers to compare and purchase various insurance products, has announced a new funding round set to raise up to $100m, according to a report from EnTrackr.
Polish insurer Quantee has partnered with arithmetica to transform insurance pricing practices across Austria, Germany, and the Central and Eastern Europe (CEE) region.

Quantee teams up with arithmetica to modernise insurance pricing in CEE region

Polish insurer Quantee has partnered with arithmetica to transform insurance pricing practices across Austria, Germany, and the Central and Eastern Europe (CEE) region. Seeking to address...
Generali has partnered with MIT's Laboratory for Information and Decision Systems (LIDS) to explore how Artificial Intelligence (AI) can enhance competitive advantages in the insurance sector.

Generali teams up with MIT to drive AI innovation in insurance

Generali has partnered with MIT's Laboratory for Information and Decision Systems (LIDS) to explore how Artificial Intelligence (AI) can enhance competitive advantages in the...
Prudential Financial and Dai-ichi Life have announced they are forming a strategic partnership to strengthen their product distribution and asset management capabilities.

Prudential Financial and Dai-ichi Life partner for product distribution and asset management in Japan

Prudential Financial and Dai-ichi Life have announced they are forming a strategic partnership to strengthen their product distribution and asset management capabilities.

News Stories

Capricorn Mutual completes Duck Creek platform go-live

Capricorn Mutual completes Duck Creek platform go-live

Aggne, a Wipro company and insurance technology services provider, has confirmed the successful go-live of Capricorn Mutual, the member-owned risk protection organisation, on Duck...
Why rating engines are becoming insurers' decision hub

Why rating engines are becoming insurers’ decision hub

Pricing technology is moving beyond its traditional home in actuarial and underwriting teams. Rating engines are increasingly being used by marketing, innovation and product...
AML

Why underwriting data holds the key to spotting AML risk

Insurance houses across South Africa are pouring money into anti-financial crime tools, yet heavy spending alone is not solving the problem. Effectiveness, particularly at...
Wildfire data model drives new California cover

Wildfire data model drives new California cover

DUAL North America, a specialty programme administrator, Kingstone Companies, a Northeast-focused property insurer, and Windward Risk Managers, a Florida-based risk manager, have each launched...
ManyPets debuts UK's first ChatGPT insurance plugin

ManyPets debuts UK’s first ChatGPT insurance plugin

ManyPets, a UK pet insurance provider offering Lifetime cover and an AI-powered claims service, has become the first UK specialist pet insurance provider to...
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