FinTech News

Majesco, a leading provider of cloud-based insurance software, has announced the launch of its new AI ecosystem designed to streamline insurance workflows.

Majesco introduces AI ecosystem to streamline insurance workflows

Majesco, a leading provider of cloud-based insurance software, has announced the launch of its new AI ecosystem designed to streamline insurance workflows. The AI ecosystem,...
Amsterdam-based CarePay International, a health insurance platform dedicated to making healthcare more affordable and accessible, has announced it has raised €10m in funding.

Dutch health insurer CarePay lands €10m in funding

Amsterdam-based CarePay International, a health insurance platform dedicated to making healthcare more affordable and accessible, has announced it has raised €10m in funding.
Roots Automation, a leading provider of AI-powered solutions for the insurance industry, has announced the successful close of a $22.2m Series B funding round.

Roots Automation bags $22.2m in Series B to drive AI innovation in insurance

Roots Automation, a leading provider of AI-powered solutions for the insurance industry, has announced the successful close of a $22.2m Series B funding round.
IS2, a leading provider of digital distribution platform (DDP) solutions, has launched its latest API-enabled hosted pricing solution, aimed at transforming distribution for commercial insurers and Managing General Agents (MGAs).

IS2 launches new API-enabled hosted pricing solution for commercial insurers and MGAs

IS2, a leading provider of digital distribution platform (DDP) solutions, has launched its latest API-enabled hosted pricing solution, aimed at transforming distribution for commercial insurers and Managing General Agents (MGAs).
Swiss Re, a leading global re/insurance provider, has announced that it will deploy mea Platform's GenAI solution across its insurance and reinsurance operations.

Swiss Re to deploy mea’s GenAI solution across its insurance and reinsurance operations

Swiss Re, a leading global re/insurance provider, has announced that it will deploy mea Platform's GenAI solution across its insurance and reinsurance operations.
Go.Compare has announced that it will integrate Optalitix’s distinctive motor and home insurance pricing solution, supported by Quantee, into its platform for insurers.

Optalitix and Go.Compare collaborate to streamline insurance pricing with Quantee’s technology

Go.Compare has announced that it will integrate Optalitix’s distinctive motor and home insurance pricing solution, supported by Quantee, into its platform for insurers.
Cowbell, a leading provider of cyber insurance for small and medium-sized enterprises (SMEs) and middle-market businesses, has expanded its capacity to underwrite companies with annual revenues of up to $1bn.

Cowbell extends cyber insurance offerings to middle-market firms with revenues up to $1bn

Cowbell, a leading provider of cyber insurance for small and medium-sized enterprises (SMEs) and middle-market businesses, has expanded its capacity to underwrite companies with annual revenues of up to $1bn.
Akur8, a next-generation insurance pricing and reserving solution, has been selected by leading Spanish insurer Seguros Lagun Aro to streamline its insurance pricing process.

Seguros Lagun Aro selects Akur8 to streamline its insurance pricing process

Akur8, a next-generation insurance pricing and reserving solution, has been selected by leading Spanish insurer Seguros Lagun Aro to streamline its insurance pricing process.
The strategic advantage of unified loss control and policy admin systems

The strategic advantage of unified loss control and policy admin systems

In the competitive world of insurance, the profitability of underwriting is closely linked to informed decision-making that efficiently mitigates risks and optimizes loss ratios. Traditional barriers, primarily the compartmentalisation of data, often hinder this objective.
UK leads European InsurTech deals as H1 2024 funding rises 17%

UK dominated European InsurTech deals as funding in the region increased by 17% in...

Key European InsurTech investment stats in H1 2024: European InsurTech funding increased by 17% in H1 compared to the last six months of 2023...

News Stories

intellectAI Insurance’s month of listening exposes wholesale broking’s data gap

IntellectAI has used its Broker Appreciation Month (BAM) campaign, which ran throughout July, to surface the operational friction still holding back wholesale insurance distribution,...
What music can teach insurance actuaries

Actuaries and music: a mathematical connection

Actuaries and musicians may work in very different fields, but both rely on patterns, interpretation and judgement. At Akur8, several actuaries say their experience with...
Orange brings three insurance products to market simultaneously

Orange brings three insurance products to market simultaneously

Orange Insurance Exchange has gone live with three property insurance products simultaneously across Florida, moving onto Solstice Innovations' AI-native Equinox policy administration platform. The Florida...
Vero, Uber, Cover Genius unveil rideshare InsurTech

Vero, Uber, Cover Genius unveil rideshare InsurTech

Vero, the Suncorp-owned insurer, has partnered with Uber, the ride-hailing platform, and Cover Genius, an embedded insurance provider, to introduce what is being described...

NEOS and Marloo partner on AI-driven insurance pricing

NEOS, an Australian life insurance platform, and Marloo, an adviser productivity platform, have entered into a partnership that will embed NEOS pricing directly into...
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