FinTech News

WTW has launched a new cyber insurance product designed and tailored to be a comprehensive solution for financial, professional, and executive risks. 

Hannover Re, a prominent global reinsurer, has predicted a substantial surge in its net profit for 2024, aiming to secure a minimum of €2.1bn.  

In the realm of insurance, the most vital determinant of success lies in pricing strategies. Yet, a dramatic shift in how insurers formulate these...

Geely Group‘s EV brand ZEEKR, has partnered with Qover, a firm specialising in embedded insurance orchestration, to introduce a bespoke insurance programme for its customers in the Netherlands.

Allianz SE has announced the appointment of a new CEO of Allianz Central Europe beginning January 1, 2024. 

KYND Limited, a leading entity in cyber risk management, and Consilium, the international (re)insurance broker under the Aventum Group, have announced a significant strategic partnership.  

Turkish President Recep Tayyip Erdogan and Greek Prime Minister Kyriakos Mitsotakis have joined forces in an agreement aimed at broadening their connections across various industries, notably within the reinsurance sector. 

Mulberri, an innovative AI-driven embedded business insurance platform, has recently successfully closed its Series A funding round.

A hard reinsurance market, though challenging, brings forth a unique opportunity for innovation and growth. Amidst the largest capital squeeze in reinsurance since 2008, the market faces reduced capacity, intensifying the need for fast, responsive, and precise pricing strategies as pivotal drivers of growth. Solutions such as Hyperexponential‘s hx renew are attempting to redefine this space, enabling effective pricing strategies and take ownership of the market.

Pen Underwriting, a notable player in the insurance sector, has welcomed Megan Jones as their new capacity relationship manager, effective 2 January 2024.