FinTech News

Akur8, the next-generation insurance pricing solution, has announced its acquisition of Arius®, an award-winning property and casualty (P&C) reserving software.

Akur8 acquires Arius from Milliman to enhance its actuarial capabilities

Akur8, the next-generation insurance pricing solution, has announced its acquisition of Arius®, an award-winning property and casualty (P&C) reserving software.
MSIG Asia, a leading general insurance provider, has announced a new regional collaboration with Serenity Health Partners to transform the health insurance landscape.

MSIG partners with Serenity to reshape health insurance landscape in Asia

MSIG Asia, a leading general insurance provider, has announced a new regional collaboration with Serenity Health Partners to transform the health insurance landscape.
Thatch, a health benefits startup, has raised $38m in a Series A funding round led by Index Ventures and General Catalyst.

San Francisco-based Thatch raises $38m to revolutionise health insurance benefits

Thatch, a health benefits startup, has raised $38m in a Series A funding round led by Index Ventures and General Catalyst.
Cogitate, a cloud-native provider of core policy, billing, and claims applications for the insurance sector, has partnered with One Inc to simplify the payment process for insurers and their policyholders.

Cogitate partners with One Inc to enhance digital payments for insurers

Cogitate, a cloud-native provider of core policy, billing, and claims applications for the insurance sector, has partnered with One Inc to simplify the payment process for insurers and their policyholders.
Zurich Canada has announced the launch of its new Apprenticeship Program designed to nurture future leaders in the industry through innovative educational initiatives.

Zurich Canada introduces apprenticeship program with Seneca Polytechnic for future insurance leaders

Zurich Canada has announced the launch of its new Apprenticeship Program designed to nurture future leaders in the industry through innovative educational initiatives.
Korint, a rising InsurTech company, has secured €5m in a funding round to boost the rate of digital transformation within the insurance industry.

InsurTech Korint lands €5m to drive insurance digitalisation

Korint, a rising InsurTech company, has secured €5m in a funding round to boost the rate of digital transformation within the insurance industry. The tranche...
Demex Group, a risk analytics and intelligence company specialising in stop-loss reinsurance protection, has secured $10.25m in funding through a Series A and previous SAFE round.

Reinsurance innovator Demex Group raises $10.25m in Series A

Demex Group, a risk analytics and intelligence company specialising in stop-loss reinsurance protection, has secured $10.25m in funding through a Series A and previous SAFE round.
Insurity has partnered with Gain Life to become the first major claims system to offer a fully integrated claims communication platform.

Insurity and Gain Life to offer AI-driven claims communication for insurers

Insurity has partnered with Gain Life to become the first major claims system to offer a fully integrated claims communication platform.
First Connect Insurance Services has announced a new partnership with Root Insurance to offer API-powered quote and bind capabilities to independent insurance agents.

First Connect partners with Root Insurance to launch API-powered auto insurance platform for agents

First Connect Insurance Services has announced a new partnership with Root Insurance to offer API-powered quote and bind capabilities to independent insurance agents.
Hakbah, a Saudi-based FinTech platform focusing on digital savings, has announced a new partnership with Tawuniya to revolutionise the savings experience for Saudi citizens.

Hakbah partners with Tawuniya to revolutionise the savings experience for Saudi citizens

Hakbah, a Saudi-based FinTech platform focusing on digital savings, has announced a new partnership with Tawuniya to revolutionise the savings experience for Saudi citizens.
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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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