FinTech News

Berkshire Hathaway Specialty Insurance (BHSI), a global insurance provider, has announced the opening of a new office in Milan as part of its European expansion.

BHSI expands European operations with Italian office

Berkshire Hathaway Specialty Insurance (BHSI), a global insurance provider, has announced the opening of a new office in Milan as part of its European expansion.
McGill and Partners, a global specialty insurance and reinsurance broker, has announced its expansion into the Nordic region with the opening of a new branch office in Sweden, pending regulatory approvals.

McGill and Partners expands into Nordics with new Sweden office

McGill and Partners, a global specialty insurance and reinsurance broker, has announced its expansion into the Nordic region with the opening of a new branch office in Sweden, pending regulatory approvals.
Centivo, a healthcare company focused on making high-quality healthcare more affordable, has secured $75m in a recent funding round.

Centivo secures $75m to drive affordable healthcare for US employers

Centivo, a healthcare company focused on making high-quality healthcare more affordable, has secured $75m in a recent funding round.
Howden, a leading international insurance broker and risk management group, has launched an innovative platform aimed at helping clients better evaluate and manage climate risks.

Howden unveils new resilience platform for climate risk analysis

Howden, a leading international insurance broker and risk management group, has launched an innovative platform aimed at helping clients better evaluate and manage climate risks.
West Bend and ZestyAI expand partnership to boost AI-driven property risk analytics

West Bend and ZestyAI expand partnership to boost AI-driven property risk analytics

West Bend Insurance, a personal lines insurer, has expanded its collaboration with ZestyAI, a leader in climate and property risk analytics.
SureChoice Underwriters Reciprocal Exchange, a policyholder-owned reciprocal exchange, has partnered with SageSure to launch its first non-admitted business owners policy (BOP) in California.

SureChoice launches new business owners policy (BOP) in California amid wildfire challenges

SureChoice Underwriters Reciprocal Exchange, a policyholder-owned reciprocal exchange, has partnered with SageSure to launch its first non-admitted business owners policy (BOP) in California.
Kyber, an AI-driven startup backed by Y-Combinator, has launched an innovative platform aimed at automating the claims notification process for insurance teams.

Kyber launches AI-powered platform to revolutionise claims notification process for insurance teams

Kyber, an AI-driven startup backed by Y-Combinator, has launched an innovative platform aimed at automating the claims notification process for insurance teams.
Global InsurTech investments halve in H1 2024 YoY

Global InsurTech funding halved in H1 YoY comparison as investors grow cautious

Key Global InsurTech investment stats in H1 2024: Global InsurTech funding halved in H1 2024 YoY Average deal size dropped to $17.9m as investors...

French InsurTech Alan raises $193m to bolster tech and growth in Belgium

French digital health insurer, Alan, has successfully secured a substantial $193m in its latest Series F funding round.
INSTANDA, a platform that enables carriers and MGAs to create, build and implement complex insurance products, has announced the integration of its Life offering into Swiss Re's underwriting platform.

INSTANDA integrates Life offering into Swiss Re’s underwriting platform

INSTANDA, a platform that enables carriers and MGAs to create, build and implement complex insurance products, has announced the integration of its Life offering into Swiss Re's underwriting platform.
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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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