FinTech News

Specialty MGA Crux Underwriting is set to leverage mea's cutting-edge GenAI-powered platform to elevate its broker service offering.

Crux Underwriting selects mea’s GenAI-powered platform to enhance broker service proposition

Specialty MGA Crux Underwriting is set to leverage mea's cutting-edge GenAI-powered platform to elevate its broker service offering.
Optalitix and Insurance Knowledge Hub partner to enhance underwriting skills with new course

Optalitix and Insurance Knowledge Hub partner to enhance underwriting skills with new course

Optalitix, an insurance underwriting software provider established in 2013, has formed a strategic partnership with the Insurance Knowledge Hub, a pioneer in professional insurance education.

Akur8 and Utica First team up to revolutionise insurance pricing with advanced ML technology

Akur8, renowned for its next-generation InsurTech pricing and reserving solutions, has teamed up with Utica First, a leader in small business and personal lines insurance.
Agria Pet Insurance, a global leader in animal insurance, has partnered with Quantee, an AI-driven pricing solutions provider, to support its growth in the UK and Ireland.

Quantee to enhance Agria Pet Insurance’s pricing capabilities in UK market expansion

Agria Pet Insurance, a global leader in animal insurance, has partnered with Quantee, an AI-driven pricing solutions provider, to support its growth in the UK and Ireland.
Branch Insurance has recently collaborated with Kyber, an AI-driven technology provider specialising in workflow automation, to optimise its claims notification process.

Branch Insurance partners with Kyber to revolutionise claims processing through AI automation

Branch Insurance has recently collaborated with Kyber, an AI-driven technology provider specialising in workflow automation, to optimise its claims notification process.
Q3 surge in European InsurTech under $100m as market rebounds

European InsurTech deals increased by a third as investors prioritised deals under $100m in...

Key European InsurTech investment stats in Q3 2024: European InsurTech deal activity increased by a third QoQ Investors prioritise deals under $100m with an...
Centana Growth Partners has acquired a majority stake in First Connect Insurance, an InsurTech platform focused on empowering independent insurance agents in the U.S.

Centana Growth Partners acquires $60m stake in First Connect Insurance to expand U.S. independent...

Centana Growth Partners has acquired a majority stake in First Connect Insurance, an InsurTech platform focused on empowering independent insurance agents in the U.S.
Newgen Software, a global provider of digital transformation platforms, has announced the extension of its strategic partnership with Fadatato advance digital transformation in the insurance sector.

Newgen and Fadata partnership targets operational efficiency for insurers

Newgen Software, a global provider of digital transformation platforms, has announced the extension of its strategic partnership with Fadatato advance digital transformation in the insurance sector.

Specialty insurer Fortegra secures $150m in financing for growth and risk management

Fortegra, has secured $150m in capital through a Fixed Rate Resetting Junior Subordinated Notes issuance, carrying a 9.25% interest rate and maturing in 2064. Fortegra,...
Sapiens International Corporation, a global provider of software solutions for the insurance industry, has announced the successful deployment of its DataSuite solution by a Tier 1 insurer in Africa.

Sapiens boosts Tier 1 African insurer through DataSuite solution

Sapiens International Corporation, a global provider of software solutions for the insurance industry, has announced the successful deployment of its DataSuite solution by a Tier 1 insurer in Africa.

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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