FinTech News

bolttech raises $100m in Series C to fuel global InsurTech expansion

bolttech raises $100m in Series C to fuel global InsurTech expansion

bolttech, a global InsurTech provider focused on building a technology-enabled ecosystem for protection and insurance, has announced the successful closure of its Series C funding round.
FlyEasy debuts in Asia Pacific through Blink Parametric and Zurich Edge partnership

FlyEasy debuts in Asia Pacific through Blink Parametric and Zurich Edge partnership

Blink Parametric has expanded its innovative parametric travel insurance offering by launching FlyEasy in partnership with Zurich Indonesia and Zurich Edge.
Bridge Specialty Group strengthens portfolio with acquisition of ARMR assets

Bridge Specialty Group strengthens portfolio with acquisition of ARMR assets

Bridge Specialty Group, a subsidiary of Brown & Brown, has acquired the assets of American Risk Management Resources Network (ARMR), furthering its strategy to expand niche capabilities in environmental insurance.
Zurich acquires AIG’s travel insurance business to strengthen global footprint

Zurich acquires AIG’s travel insurance business to strengthen global footprint

Zurich Insurance Group (Zurich) has officially acquired AIG’s global personal travel insurance and assistance business, including Travel Guard, for $600m, with the potential for an additional earn-out payment.

Tangram unveils new multi-line insurance program for security guard industry

Tangram, a MGA and national program manager, has launched a new multi-line insurance program specifically tailored to the security guard niche.

Prudential and Empathy link to revolutionise bereavement benefits for families

Prudential Financial has announced a strategic partnership with Empathy, a pioneering bereavement support platform.
Sure introduces a unified vision to modernise insurance distribution

Sure introduces a unified vision to modernise insurance distribution

Sure unveils a bold vision for the future of insurance, leveraging its innovative technology rails and network to redefine digital insurance distribution for carriers, brands, and consumers.
Nationwide and TrustLayer redefine commercial insurance verification with on-demand digital capabilities

Nationwide and TrustLayer redefine commercial insurance verification with on-demand digital capabilities

Nationwide, a Fortune 100 financial services and insurance organisation based in Columbus, Ohio, and TrustLayer, an AI-powered risk management platform headquartered in San Francisco, have announced an innovative partnership.
Simply Business collaborates with Coterie Insurance to simplify BOP coverage across the US

Simply Business collaborates with Coterie Insurance to simplify BOP coverage across the US

Simply Business, the leading digital insurance marketplace for small businesses, has partnered with Coterie Insurance, a tech-driven managing general agent (MGA).
Ageas partners with Saga to enhance insurance offerings for UK over 50s market

Ageas partners with Saga to enhance insurance offerings for UK over 50s market

Ageas has finalised exclusive negotiations with Saga, a UK-based specialist provider of products and services for individuals aged over 50. This development follows the initial announcement made on 11 October 2024.

News Stories

EQT agrees $2bn deal for McGill and Partners

EQT agrees $2bn deal for McGill and Partners

McGill and Partners, a technology-enabled specialty (re)insurance broker, has agreed to be acquired by EQT in a deal valuing the business at $2bn. The transaction...
Can actuaries trust AI models?

Can actuaries trust AI models?

InsurTech firm Akur8 is taking a controlled approach to AI adoption in insurance: if using AI for actuarial work is possible and even necessary...
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...
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