FinTech News

At the inaugural hx Live conference, hyperexponential’s co-founder and CEO, Amrit Santhirasenan, delved into the company’s innovative approach to artificial intelligence (AI), and opened up on AI’s role in revolutionising the insurance industry.

AI’s role in revolutionising the insurance industry

At the inaugural hx Live conference, hyperexponential’s co-founder and CEO, Amrit Santhirasenan, delved into the company’s innovative approach to artificial intelligence (AI), and opened up on AI’s role in revolutionising the insurance industry.
Oka, The Carbon Insurance Company™, and Socotra, the leading modern policy administration system, have announced a strategic partnership focused on advancing carbon markets and scaling climate solutions.

Oka and Socotra partner to innovate insurance solutions for carbon markets

Oka, The Carbon Insurance Company™, and Socotra, the leading modern policy administration system, have announced a strategic partnership focused on advancing carbon markets and scaling climate solutions.

Charlee.ai and Duck Creek Technology partner to revolutionise claims management with AI

Charlee.ai, a provider of AI-based predictive analytic solutions, has announced a strategic partnership with Duck Creek Technology to enhance the claims management process.
Limit, an InsurTech firm, has introduced the first generative AI exclusively designed for the Property & Casualty (P&C) sector.

Limit launches GenAI tool to revolutionise P&C insurance sector

Limit, an InsurTech firm, has introduced the first generative AI exclusively designed for the Property & Casualty (P&C) sector.
Aspen Insurance Holdings Limited, a prominent global insurance and reinsurance company, has launched a new platform designed to advance its digital strategy and drive its data and artificial intelligence agenda forward.

Aspen Insurance launches new platform to revolutionise AI and data strategy

Aspen Insurance Holdings Limited, a prominent global insurance and reinsurance company, has launched a new platform designed to advance its digital strategy and drive its data and artificial intelligence agenda forward.
Tara Hill Insurance Services, a program administrator owned by Ambac Financial Group, Inc., has announced the addition of industry veteran Richard Edsall as senior vice president.

Tara Hill Insurance Services strengthens team with new leadership appointments

Tara Hill Insurance Services, a program administrator owned by Ambac Financial Group, Inc., has announced the addition of industry veteran Richard Edsall as senior vice president.
Zurich North America, a leading provider of insurance solutions, has announced the launch of its new Primary Products Liability coverage.

Zurich North America introduces customised liability insurance for life sciences companies

Zurich North America, a leading provider of insurance solutions, has announced the launch of its new Primary Products Liability coverage.
Aviva, a leading insurance company in the UK and Ireland, has completed the acquisition of Probitas, an established player in the Lloyd’s insurance market.

Aviva strengthens broker and customer proposition with Probitas acquisition

Aviva, a leading insurance company in the UK and Ireland, has completed the acquisition of Probitas, an established player in the Lloyd’s insurance market.
APOLLO Insurance, a Canadian digital insurance provider and leader in the emerging embedded finance sector, has announced a partnership with Dream Unlimited Corp to offer instant digital insurance solutions tailored for tenants across Canada.

APOLLO Insurance and Dream Unlimited partner to streamline tenant insurance access in Canada

APOLLO Insurance, a Canadian digital insurance provider and leader in the emerging embedded finance sector, has announced a partnership with Dream Unlimited Corp to offer instant digital insurance solutions tailored for tenants across Canada.
Verisk, a leading global data analytics and technology provider, has launched its ISO Experience Index to assist the insurance industry in quickly assessing changes in risk patterns and the cost of insuring risk.

Verisk launches ISO Experience Index to help insurers navigate changing risk patterns

Verisk, a leading global data analytics and technology provider, has launched its ISO Experience Index to assist the insurance industry in quickly assessing changes in risk patterns and the cost of insuring risk.

News Stories

Markel, the insurance operations of Markel Group Inc., has appointed Raphael Da Costa to lead its U.S. cyber and technology errors & omissions (E&O) portfolio.

Markel strengthens cyber leadership with Raphael Da Costa

Markel, the insurance operations of Markel Group Inc., has appointed Raphael Da Costa to lead its U.S. cyber and technology errors & omissions (E&O)...
Kin Insurance, a US InsurTech focused on homeowners coverage in catastrophe-exposed regions, has secured $335m in its largest catastrophe bond transaction to date.

Kin Insurance lands $335m bond to bolster US storm protection

Kin Insurance, a US InsurTech focused on homeowners coverage in catastrophe-exposed regions, has secured $335m in its largest catastrophe bond transaction to date. The raise...
Allianz Commercial will transfer its standalone cyber insurance portfolio to Coalition as part of a long-term partnership to consolidate the global cyber insurance market. 

Allianz and Coalition form exclusive cyber insurance alliance

Allianz Commercial will transfer its standalone cyber insurance portfolio to Coalition as part of a long-term partnership to consolidate the global cyber insurance market.  The...
InsurTech firm Corgi has reached unicorn status after raising $160m in Series B funding at a $1.3bn valuation.

Corgi hits unicorn status after $160m Series B

InsurTech firm Corgi has reached unicorn status after raising $160m in Series B funding at a $1.3bn valuation. The round brings Corgi’s total funding to...

Pit secures $16m led by Andreessen Horowitz

Pit, a Swedish AI startup developing custom enterprise software, has emerged from stealth with $16m in seed funding led by Andreessen Horowitz, as it...
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