FinTech News

InsurTech firm Igloo, a leading player in Southeast Asia’s insurance technology market, has officially launched its direct-to-consumer (D2C) platform, igloo.co.id, in Indonesia.

Igloo launches D2C insurance platform to expand accessibility in Indonesia

InsurTech firm Igloo, a leading player in Southeast Asia’s insurance technology market, has officially launched its direct-to-consumer (D2C) platform, igloo.co.id, in Indonesia.
Verisk, a global leader in data analytics and technology, has announced that its president and CEO, Lee Shavel, has been appointed to the Federal Advisory Committee on Insurance (FACI).

Verisk CEO Lee Shavel appointed to U.S. Federal Advisory Committee on Insurance

Verisk, a global leader in data analytics and technology, has announced that its president and CEO, Lee Shavel, has been appointed to the Federal Advisory Committee on Insurance (FACI).
Prudential Financial, Inc. has entered a strategic partnership with 123Seguro to bring accident & health, life, and ancillary insurance products to Brazil and Mexico.

Prudential Financial partners with 123Seguro to expand insurance services in Latin America

Prudential Financial, Inc. has entered a strategic partnership with 123Seguro to bring accident & health, life, and ancillary insurance products to Brazil and Mexico. The partnership’s initial focus...
Liberty Mutual, a leading global insurer, has formed an exclusive partnership with Jaguar Land Rover North America (JLR) to provide tailored auto insurance solutions for JLR vehicle owners in the U.S. during the car buying process.

Liberty Mutual partners with Jaguar Land Rover to offer premium auto insurance to US...

Liberty Mutual, a leading global insurer, has formed an exclusive partnership with Jaguar Land Rover North America (JLR) to provide tailored auto insurance solutions for JLR vehicle owners in the U.S. during the car buying process.
Earnix, the leading global provider of AI-based SaaS solutions for financial services, has partnered with HCLTech to drive transformation in insurance rating and pricing. 

Earnix and HCLTech collaborate to drive transformation in insurance rating and pricing

Earnix, the leading global provider of AI-based SaaS solutions for financial services, has partnered with HCLTech to drive transformation in insurance rating and pricing. 
Tune Protect Re Limited has teamed up with bolttech Insurance to introduce AirAsia Travel Insurance for travellers flying from Hong Kong.

Tune Protect and bolttech Insurance collaborate to expand travel insurance options for AirAsia

Tune Protect Re Limited has teamed up with bolttech Insurance to introduce AirAsia Travel Insurance for travellers flying from Hong Kong.
Agentech, a leading AI-powered workforce solution provider for insurance claims, has successfully raised $3m in seed funding within 30 days.

Agentech raises $3m to revolutionise insurance claims with AI-driven solutions

Agentech, a leading AI-powered workforce solution provider for insurance claims, has successfully raised $3m in seed funding within 30 days. The funding will fuel the...
Kroll, a leading independent provider of global risk and financial advisory solutions, has announced that Katherine Keefe will be joining the company as managing director and global cyber insurance industry lead.

Katherine Keefe joins Kroll as managing director to lead global cyber insurance capabilities

Kroll, a leading independent provider of global risk and financial advisory solutions, has announced that Katherine Keefe will be joining the company as managing...
Cytora, a leading digital risk processing platform, has announced a partnership with Meetrisk to enhance marine insurers’ access to advanced tools for better risk evaluation and management.

Cytora and Meetrisk join forces to boost marine risk intelligence for insurers

Cytora, a leading digital risk processing platform, has announced a partnership with Meetrisk to enhance marine insurers’ access to advanced tools for better risk evaluation and management.
Element raises $54m in largest German InsurTech deal in H1 2024

US cements its place as a leader in the Global InsurTech market as funding...

Key Global InsurTech investment stats in H1 2024: Global InsurTech investments halved in H1 YoY US companies cemented its place on the Global InsurTech...

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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