FinTech News

CLARA Analytics, a leading provider of artificial intelligence (AI) technology for insurance claims optimisation, has been selected by Risk Administration Services, Inc. (RAS) to enhance its claims process.

RAS adopts CLARA Analytics’ AI solutions for advanced claims optimisation

CLARA Analytics, a leading provider of artificial intelligence (AI) technology for insurance claims optimisation, has been selected by Risk Administration Services, Inc. (RAS) to enhance its claims process.
Madrid-based InsurTech startup Tuio has raised $16.7m in a funding round that combined equity and debt, as it looks to enhance the service it provides to its clients.

Spanish InsurTech startup Tuio raises $16.7m to accelerate growth

Madrid-based InsurTech startup Tuio has raised $16.7m in a funding round that combined equity and debt, as it looks to enhance the service it provides to its clients.
Monarch E&S Insurance Services has partnered with Obsidian Insurance Holdings to launch an enhanced personal umbrella policy.

Monarch E&S and Obsidian Insurance collaborate to launch enhanced personal umbrella policy

Monarch E&S Insurance Services has partnered with Obsidian Insurance Holdings to launch an enhanced personal umbrella policy. The offering, known as Knight Protector, seeks to enhance personal liability...
arqu, a tech-enabled wholesale insurance brokerage, has raised $10m in a Series A financing round led by Crosslink Capital, with additional support from Intact Ventures.

Tech-driven insurance broker arqu raises $10m in Crosslink Capital-led round

arqu, a tech-enabled wholesale insurance brokerage, has raised $10m in a Series A financing round led by Crosslink Capital, with additional support from Intact Ventures.
65% of insurance claims handlers have noticed a rise in fraudulent claims since the onset of the cost of living crisis.

65% of insurance claims handlers report surge in fraudulent claims amid cost of living...

65% of insurance claims handlers have noticed a rise in fraudulent claims since the onset of the cost of living crisis.
In the fast-paced world of retail, securing customer loyalty requires more than just making sales—it’s about creating engaging, personalised experiences that keep shoppers coming back. With e-commerce giants and social media-driven brands constantly setting higher expectations, retailers must stay ahead by addressing customers' deeper wants and needs. From personalised shopping to advanced AI, the following strategies will help retailers retain customers and build long-term relationships.

10 key customer engagement strategies for retailers

In the fast-paced world of retail, securing customer loyalty requires more than just making sales—it’s about creating engaging, personalised experiences that keep shoppers coming back. With e-commerce giants and social media-driven brands constantly setting higher expectations, retailers must stay ahead by addressing customers' deeper wants and needs. From personalised shopping to advanced AI, the following strategies will help retailers retain customers and build long-term relationships.
Quantee, a leading InsurTech provider, has announced that Colombian insurance firm Seguros del Estado has joined its client base. 

Quantee partners with Colombian insurer Seguros del Estado to develop scalable insurance models

Quantee, a leading InsurTech provider, has announced that Colombian insurance firm Seguros del Estado has joined its client base. 
Marsh, a global professional services firm offering risk management and insurance solutions, and Tokio Marine Kiln (TMK), a specialist Lloyd’s underwriter, have teamed up to create a business interruption insurance facility.

Marsh and Tokio Marine Kiln launch $50m business interruption insurance for ports facing geopolitical...

Marsh, a global professional services firm offering risk management and insurance solutions, and Tokio Marine Kiln (TMK), a specialist Lloyd’s underwriter, have teamed up to create a business interruption insurance facility.
wefox Holding AG, a leading InsurTech firm focused on simplifying insurance processes, has appointed Joachim Müller as its new CEO, effective immediately.

Wefox announces Joachim Müller as CEO to mark next phase of growth

wefox Holding AG, a leading InsurTech firm focused on simplifying insurance processes, has appointed Joachim Müller as its new CEO, effective immediately.
Lloyd’s, the world’s leading marketplace for insurance and reinsurance, has announced that Sir Charles Roxburgh KCB will be its next Chair.

Lloyd’s announces Sir Charles Roxburgh as new Chair

Lloyd’s, the world’s leading marketplace for insurance and reinsurance, has announced that Sir Charles Roxburgh KCB will be its next Chair. This appointment is subject...

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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