FinTech News

CoverTree, a pioneering InsurTech firm specialising in manufactured home insurance solutions, has announced the completion of a $13m Series A funding round.

CoverTree secures $13m in Series A to reshape home insurance sector

CoverTree, a pioneering InsurTech firm specialising in manufactured home insurance solutions, has announced the completion of a $13m Series A funding round.
InsurTech specialist Optalitix has announced a partnership with Pool Re, the UK's largest terrorism reinsurer, to develop a comprehensive treaty and claims management system.

Broker Insights unveils AI-enabled product to help insurers predict winning businesses

Broker Insights has launched a tool designed to improve efficiency for insurers by predicting the likelihood of winning business opportunities, empowering them to make informed decisions.
Back Market and bolt team up in the U.S. to enhance device protection

Back Market and bolt team up in the U.S. to enhance device protection

Back Market, a prominent marketplace for verified refurbished technology, partners with bolt, an industry leader in the InsurTech sector operating the largest technology-enabled P&C insurance exchange in the country.
Unum Group, a prominent provider of financial protection benefits, has launched Unum Pet Insurance to round out its financial benefits coverage for employees and their families.

Unum Group unveils new pet insurance offering

Unum Group, a prominent provider of financial protection benefits, has launched Unum Pet Insurance to round out its financial benefits coverage for employees and their families.
Expleo, an engineering, technology, and consulting services provider, has partnered with ACORD Solutions Group, to provide testing assurance expertise for organisations preparing for Lloyd’s Blueprint Two London market modernisation.

London-based InsurTech Eleos raises $4m to propel US expansion plans

London-based InsurTech firm Eleos has successfully raised $4m in a seed funding round, as it eyes an expansion into the US market. 
Verita, a WTW subsidiary, has introduced a new workers’ compensation offering to enhance its portfolio of insurance products.

WTW subsidiary Verita launches workers compensation coverage

Verita, a WTW subsidiary, has introduced a new workers’ compensation offering to enhance its portfolio of insurance products.
The American Association of Insurance Services (AAIS), a prominent organisation in the insurance industry, has welcomed reThought Flood to the AAIS Partner Program.

reThought Flood joins AAIS Partner Program to enhance US flood insurance coverage

The American Association of Insurance Services (AAIS), a prominent organisation in the insurance industry, has welcomed reThought Flood to the AAIS Partner Program.
Co-op Insurance has partnered with Urban Jungle to launch a new renters product designed to provide better value and protection for renters.

Co-op Insurance launches new renters product with Urban Jungle

Co-op Insurance has partnered with Urban Jungle to launch a new renters product designed to provide better value and protection for renters.
Front Street Re (FSR), an international InsurTech and reinsurance company under Lexasure Financial Group Limited, has named Edison Fong as its new Chief Executive Officer (CEO).

Front Street Re names Edison Fong as its new CEO

Front Street Re (FSR), an international InsurTech and reinsurance company under Lexasure Financial Group Limited, has named Edison Fong as its new Chief Executive Officer (CEO).
In today’s dynamic landscape, traditional insurance models are often lagging behind newer digitalised solutions, leaving consumers and businesses vulnerable to gaps in coverage and cumbersome policy management. Enter embedded insurance: a forward-thinking solution seamlessly integrating insurance products into existing platforms and transactions, revolutionising the way we protect assets and mitigate risks. But why is it becoming increasingly indispensable in our modern world?

Why is embedded insurance needed?

In today’s dynamic landscape, traditional insurance models are often lagging behind newer digitalised solutions, leaving consumers and businesses vulnerable to gaps in coverage and cumbersome policy management. Enter embedded insurance: a forward-thinking solution seamlessly integrating insurance products into existing platforms and transactions, revolutionising the way we protect assets and mitigate risks. But why is it becoming increasingly indispensable in our modern world?

News Stories

Agero, MOTER team up on connected claims

Agero, MOTER team up on connected claims

Agero, a digital driver assistance provider operating through its recently acquired Urgently platform, and MOTER Technologies (MOTER), an InsurTech firm that converts connected vehicle...

AXA expands AI agent hub with Publicis Sapient

AXA, the global insurance and asset management group, has entered into a strategic partnership with Publicis Sapient, a technology company specialising in enterprise AI...

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...
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