FinTech News

Stere, Inc., a leading InsurTech platform, and EPIC Insurance Brokers & Consultants (EPIC) have partnered to transform the insurance experience for small businesses by offering a streamlined, digital insurance solution.

Stere and EPIC Insurance Brokers partner to deliver embedded digital insurance for small businesses

Stere, Inc., a leading InsurTech platform, and EPIC Insurance Brokers & Consultants (EPIC) have partnered to transform the insurance experience for small businesses by offering a streamlined, digital insurance solution.
California dominates US InsurTech with a quarter of Q3 deals

US InsurTech funding doubled in Q3 with California-based companies closing quarter of all deals

Key US InsurTech investment stats in Q3 2024: US InsurTech funding doubled in Q3 YoY California continues to dominate the US InsurTech space after...
Lloyd’s, the world’s leading marketplace for insurance and reinsurance, has announced the appointment of Nathan Adams as its new chief people officer.

Lloyd’s appoints Nathan Adams as Chief People Officer

Lloyd’s, the world’s leading marketplace for insurance and reinsurance, has announced the appointment of Nathan Adams as its new chief people officer.
Akur8 and CAS advance actuarial science with groundbreaking lasso credibility monograph

Akur8 and CAS advance actuarial science with groundbreaking lasso credibility monograph

The Casualty Actuarial Society (CAS) has recently published an insightful new monograph entitled "Penalized Regression and Lasso Credibility."
Delos Insurance Solutions, a property insurance MGA, has successfully closed a $9m Series A funding round.

Delos Insurance Solutions attracts $9m in Series A to tackle wildfire risks

Delos Insurance Solutions, a property insurance MGA, has successfully closed a $9m Series A funding round.
The 2024 Earnix Industry Trends Report has revealed that the insurance sector faces pressing challenges with AI adoption, legacy system modernisation, and compliance pressures.

2024 insurance trends: Earnix report reveals insurers lagging in AI and tech modernisation

The 2024 Earnix Industry Trends Report has revealed that the insurance sector faces pressing challenges with AI adoption, legacy system modernisation, and compliance pressures.
Bindable, a prominent InsurTech firm specialising in alternative distribution technology and services, has introduced a new solution designed for businesses interested in establishing property and casualty (P&C) insurance agencies.

Bindable unveils virtual agency model to simplify P&C insurance for new entrants

Bindable, a prominent InsurTech firm specialising in alternative distribution technology and services, has introduced a new solution designed for businesses interested in establishing property and casualty (P&C) insurance agencies.
Aon, a global professional services firm listed on the New York Stock Exchange under the ticker AON, has signed a definitive agreement to acquire Griffiths & Armour, a UK-based insurance broker.

Aon to acquire Griffiths & Armour to strengthen UK and Ireland market presence

Aon, a global professional services firm listed on the New York Stock Exchange under the ticker AON, has signed a definitive agreement to acquire Griffiths & Armour, a UK-based insurance broker.
Pro Global, a trusted advisor for the specialist insurance sector, has announced a significant enhancement of its Digital Services capabilities.

Pro Global enhances digital services with Propel Automation integration for re/insurers

Pro Global, a trusted advisor for the specialist insurance sector, has announced a significant enhancement of its Digital Services capabilities.
CLARA Analytics, a leading provider of artificial intelligence (AI) technology for insurance claims optimisation, has added a finance veteran to its leadership team as its new Chief Financial Officer (CFO).

CLARA Analytics appoints finance veteran as its new CFO

CLARA Analytics, a leading provider of artificial intelligence (AI) technology for insurance claims optimisation, has added a finance veteran to its leadership team as its new Chief Financial Officer (CFO).

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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