FinTech News

Macquarie, a global financial services provider, has expanded its client offering with the launch of a rent-a-captive insurance solution for property and casualty-related risks.

Macquarie launches rent-a-captive insurance solution to enhance client offerings

Macquarie, a global financial services provider, has expanded its client offering with the launch of a rent-a-captive insurance solution for property and casualty-related risks.
Dundee-based Broker Insights, an InsurTech firm specialising in commercial insurance, has officially launched its Vision platform in the United States.

Dundee-based Broker Insights debuts Vision platform in the US

Dundee-based Broker Insights, an InsurTech firm specialising in commercial insurance, has officially launched its Vision platform in the United States.
Best Insurance, an InsurTech provider dedicated to simplifying the insurance process, has launched an AI-driven service enabling customers to purchase and manage insurance via WhatsApp.

Best Insurance introduces flexible insurance buying via WhatsApp

Best Insurance, an InsurTech provider dedicated to simplifying the insurance process, has launched an AI-driven service enabling customers to purchase and manage insurance via WhatsApp.
London-based HealthTech company, Semble has raised $15m in a Series B funding round led by Mercia Ventures. 

UK-based HealthTech firm Semble secures $15m from Mercia Ventures

London-based HealthTech company, Semble has raised $15m in a Series B funding round led by Mercia Ventures. 
IQUW, a prominent (re)insurer with a focus on digital transformation and seamless broker experiences, has entered a strategic partnership with mea in a bid to transform the underwriting process. 

IQUW and mea partner to boost underwriting efficiency

IQUW, a prominent (re)insurer with a focus on digital transformation and seamless broker experiences, has entered a strategic partnership with mea in a bid to transform the underwriting process. 
Bolt joins forces with Salesforce to revolutionize insurance quoting

Bolt joins forces with Salesforce to revolutionize insurance quoting

Bolt announces a strategic partnership with Salesforce, an industry leader in customer relationship management (CRM).
CyberCube and Miller form strategic alliance to elevate cyber risk management

CyberCube and Miller form strategic alliance to elevate cyber risk management

CyberCube, the foremost provider of cyber risk analytics, has recently forged a strategic partnership with Miller, a leading independent specialist (re)insurance broker.
HOMEE secures $12m in Series C funding to enhance AI claims management

HOMEE secures $12m in Series C funding to enhance AI claims management

HOMEE, an AI-driven direct repair network for the Property and Casualty (P&C) insurance industry, today announced the successful closure of its Series C funding round, amassing $12m.
Global InsurTech market rebounds in Q3 2024 with 55% funding increase

Global InsurTech market rebounded in Q3 as average deal value tripled

Key InsurTech investment stats in Q3 2024: Global InsurTech market rebounded in Q3 as funding increased by 55% YoY Average deal value tripled in...
Tokio Marine Kiln (TMK), a specialist insurance provider renowned for its expertise in marine and specialty insurance, has announced the appointment of Alexandros Ampatzis as the new head of marine for the Asia-Pacific (APAC) region.

Tokio Marine Kiln appoints industry veteran as head of marine for APAC

Tokio Marine Kiln (TMK), a specialist insurance provider renowned for its expertise in marine and specialty insurance, has announced the appointment of Alexandros Ampatzis as the new head of marine for the Asia-Pacific (APAC) region.

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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