FinTech News

Dutch InsurTech Onesurance raises seed round led by Curiosity VC

Dutch InsurTech Onesurance raises seed round led by Curiosity VC

Onesurance, a Dutch InsurTech startup focused on AI solutions for the insurance industry, has secured seed funding to accelerate its growth and expand its innovative technology.

Applied Underwriters takes on the space insurance market with new leadership

Applied Underwriters Aerospace, a division of Applied Underwriters, is making a strategic move to expand its footprint in the space insurance market.Applied Underwriters Aerospace, a division of Applied Underwriters, is making a strategic move to expand its footprint in the space insurance market.
Nasdaq

Nasdaq’s AI integration streamlines risk management for banks and insurers

Nasdaq has unveiled an machine learning methodology designed to revolutionize risk calculations and predictive analytics in the financial industry.
OneDegree Global collaborates with DB to launch Korea's first cloud-based microinsurance platform

OneDegree Global collaborates with DB to launch Korea’s first cloud-based microinsurance platform

OneDegree Global, a trailblazer in digital insurance solutions, and DB Inc., a prominent Korean technology solution provider, have come together to innovate in the rapidly evolving insurance industry.

Kalepa’s AI copilot set to propel Bishop Street underwriters into future of InsurTech

Bishop Street Underwriters, owned by RedBird Capital Partners, collaborates with InsurTech pioneer Kalepa to leverage innovative AI technologies for enhancing underwriting decisions.
Akur8 and ICPEI partner to revolutionise insurance pricing in Canada

Akur8 and ICPEI partner to revolutionise insurance pricing in Canada

Akur8, a next-generation insurance pricing and reserving platform powered by Transparent AI, has partnered with the Insurance Company of Prince Edward Island (ICPEI), a leading provider of personal and business insurance across Canada.
Nayya, a leading benefits intelligence platform, has announced two key appointments to its executive team.

Nayya strengthens leadership team with two key appointments amid 500% growth in users

Nayya, a leading benefits intelligence platform, has announced two key appointments to its executive team.
mea platform is set to bolster AXIS Capital's operational efficiency by leveraging its advanced GenAI technology, as part of its renewed partnership.

mea platform strengthens AI collaboration with AXIS for streamlined insurance operations

mea platform is set to bolster AXIS Capital's operational efficiency by leveraging its advanced GenAI technology, as part of its renewed partnership.
InsurTech firm Optalitix is set to implement its advanced solutions to enhance operational efficiencies between Burns & Wilcox’s CRM and underwriting systems, as part of a partnership between the firms.

Burns & Wilcox UK teams up with Optalitix to streamline pricing models and optimise...

InsurTech firm Optalitix is set to implement its advanced solutions to enhance operational efficiencies between Burns & Wilcox’s CRM and underwriting systems, as part of a partnership between the firms.
Herald, a trailblazer in digital insurance infrastructure, has just secured $12m Series A funding round co-led by Lightspeed Venture Partners and Brewer Lane Ventures, with additional participation from Afore Capital and Underscore Venture Capital.

Herald secures $12m Series A funding to enhance insurance connectivity with AI

Herald, a trailblazer in digital insurance infrastructure, has just secured $12m Series A funding round co-led by Lightspeed Venture Partners and Brewer Lane Ventures, with additional participation from Afore Capital and Underscore Venture Capital.

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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