FinTech News

Stream Claims, an InsurTech startup specialising in AI-powered medical document review for workers’ compensation, has secured $5.3m in a seed funding round.

InsurTech startup Stream Claims secures $5.3m seed funding led by Spark Capital

Stream Claims, an InsurTech startup specialising in AI-powered medical document review for workers’ compensation, has secured $5.3m in a seed funding round.
Pinpoint Predictive raises $23m to transform underwriting with AI technology

Pinpoint Predictive raises $23m to transform underwriting with AI technology

Pinpoint Predictive, an innovator in the InsurTech sector, has successfully completed its Series A funding round, amassing more than $23m.
Qantev, an AI-powered platform focused on health and life insurers, has raised €30m in a funding round led by Blossom Capital.

Health and life insurance platform Qantev secures €30m in funding led by Blossom Capital

Qantev, an AI-powered platform focused on health and life insurers, has raised €30m in a funding round led by Blossom Capital.
Penguin Benefits, a provider of parental leave planning technology, has expanded its platform to offer coverage across all 50 states and the District of Columbia.

Penguin Benefits expands parental leave planning platform to cover all 50 US states

Penguin Benefits, a provider of parental leave planning technology, has expanded its platform to offer coverage across all 50 states and the District of Columbia.
MoneyLion, a digital consumer finance platform, has partnered with TransUnion to increase the personalisation of financial services for consumers.

TransUnion and MoneyLion join forces to drive innovation in personalised finance

MoneyLion, a digital consumer finance platform, has partnered with TransUnion to increase the personalisation of financial services for consumers.
Earnix, the leading AI-driven platform for intelligent decisioning SaaS solutions in the insurance and financial services sectors, has announced the appointment of Jessica Buss, to its Board of Directors effective October 1st.

Earnix welcomes Jessica Buss to its Board of Directors to drive growth

Earnix, the leading AI-driven platform for intelligent decisioning SaaS solutions in the insurance and financial services sectors, has announced the appointment of Jessica Buss, to its Board of Directors effective October 1st.
Lloyd’s, the world’s foremost insurance and reinsurance marketplace, has unveiled a new report that estimates a hypothetical geopolitical conflict could incur an astronomical $14.5tn in economic losses over the next five years.

Lloyd’s report warns of $14.5tn economic losses from potential geopolitical conflict

Lloyd’s, the world’s foremost insurance and reinsurance marketplace, has unveiled a new report that estimates a hypothetical geopolitical conflict could incur an astronomical $14.5tn in economic losses over the next five years.
Majesco, a leading provider of insurance technology solutions, has announced the launch of its highly anticipated Fall '24 Release, which features a host of innovations designed to redefine the insurance industry.

Majesco unveils groundbreaking Fall ’24 Release to redefine insurance industry

Majesco, a leading provider of insurance technology solutions, has announced the launch of its highly anticipated Fall '24 Release, which features a host of innovations designed to redefine the insurance industry.
MoneyHero is set to leverage bolttech’s cutting-edge insurance exchange technology to power its newly launched car insurance platform and enhance the consumer experience across Greater Southeast Asia.

MoneyHero and bolttech team up to revolutionise car insurance across Southeast Asia

MoneyHero is set to leverage bolttech’s cutting-edge insurance exchange technology to power its newly launched car insurance platform and enhance the consumer experience across Greater...
Admiral Group, a leading UK-based insurance provider, has announced that Cristina Nestares will step down as CEO of its UK Insurance business.

Admiral Group appoints new UK insurance CEO

Admiral Group, a leading UK-based insurance provider, has announced that Cristina Nestares will step down as CEO of its UK Insurance business.
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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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