FinTech News

The U.S. International Development Finance Corporation (DFC) has appointed Chubb to lead its $20bn maritime reinsurance plan aimed at restoring commercial shipping through the Strait of Hormuz and surrounding Gulf routes.

Chubb to underwrite DFC’s $20bn Gulf shipping insurance plan

The U.S. International Development Finance Corporation (DFC) has appointed Chubb to lead its $20bn maritime reinsurance plan aimed at restoring commercial shipping through the...
UK InsurTech Loxa has raised £2.7m in seed funding across three tranches to support European expansion, grow its retail partner network, and broaden its embedded insurance platform.

UK InsurTech Loxa closes £2.7m seed funding round

UK InsurTech Loxa has raised £2.7m in seed funding across three tranches to support European expansion, grow its retail partner network, and broaden its...
Parisian InsurTech Alan has reached a valuation of €5bn following a €100m funding round, strengthening its position as one of Europe’s most valuable insurance startups.

Alan hits €5bn valuation after €100m funding round

Parisian InsurTech Alan has reached a valuation of €5bn following a €100m funding round, strengthening its position as one of Europe’s most valuable insurance...
Socotra, a U.S.-based cloud-native insurance platform, has launched Socotra Assistant, an AI underwriting tool embedded in Operations Workbench to improve productivity, accuracy, and regulatory compliance.

Socotra Assistant goes live to improve underwriting productivity

Socotra, a U.S.-based cloud-native insurance platform, has launched Socotra Assistant, an AI underwriting tool embedded in Operations Workbench to improve productivity, accuracy, and regulatory...
Gen, a global embedded marketplace platform, has acquired Trellis, a technology-driven insurance shopping platform, to integrate its AI-powered capabilities into Engine by Gen.

Gen enhances embedded marketplace with Trellis acquisition

Gen, a global embedded marketplace platform, has acquired Trellis, a technology-driven insurance shopping platform, to integrate its AI-powered capabilities into Engine by Gen. The acquisition...
Toronto-based Manulife, a leading life insurance and financial services provider, has partnered with Akka, a provider of enterprise-scale software solutions, to strengthen its enterprise agentic AI platform.

Manulife and Akka partner for agentic AI platform

Toronto-based Manulife, a leading life insurance and financial services provider, has partnered with Akka, a provider of enterprise-scale software solutions, to strengthen its enterprise...
Insurance risk platform Cytora has partnered with geospatial intelligence provider Altitude Intelligence to integrate advanced location-based risk data into its underwriting platform.

Cytora teams with Altitude to enhance underwriting data

Insurance risk platform Cytora has partnered with geospatial intelligence provider Altitude Intelligence to integrate advanced location-based risk data into its underwriting platform. The collaboration embeds...
Hidden water leaks can cause significant damage, increase utility costs, and create long-term maintenance headaches, even in newly built developments. At Kew Bridge Apartments, smart water monitoring deployed by Quensus uncovered issues across 58 units during commissioning, preventing property damage and improving efficiency for residents and property managers alike.

How Quensus safeguards homes through smart monitoring

Hidden water leaks can cause significant damage, increase utility costs, and create long-term maintenance headaches, even in newly built developments. At Kew Bridge Apartments,...
The insurance sector in the UK faces a year of mounting challenges. From technological disruption and market consolidation to evolving risks and customer expectations, brokers, underwriters, and networks are under pressure to adapt quickly.

A practical guide for UK insurers on compliance in 2026

The insurance sector in the UK faces a year of mounting challenges. From technological disruption and market consolidation to evolving risks and customer expectations,...
Insurance pricing engines are quietly becoming one of the most strategic tools for insurers looking to modernise operations and accelerate growth. What was once an IT headache, with complex integrations, unpredictable costs and time-consuming maintenance, is now being transformed into a cloud-native enabler that connects actuarial modelling, rate production and deployment in a single ecosystem.

The hidden driver of growth for insurance firms

Insurance pricing engines are quietly becoming one of the most strategic tools for insurers looking to modernise operations and accelerate growth. What was once...
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INSTANDA has launched an artificial intelligence-supported underwriting and operations platform aimed at helping insurers manage complex cases that require human judgement rather than full automation.

INSTANDA unveils Clear underwriting platform

INSTANDA has launched an artificial intelligence-supported underwriting and operations platform aimed at helping insurers manage complex cases that require human judgement rather than full...
Claims technology provider Decerto has expanded the capabilities of its Claims AI platform as US property and casualty insurers increasingly shift from AI experimentation towards large-scale operational deployment.

Decerto bolsters AI claims automation for insurers

Claims technology provider Decerto has expanded the capabilities of its Claims AI platform as US property and casualty insurers increasingly shift from AI experimentation...
Cytora, a digital risk processing platform for commercial insurers, has partnered with Geoskop to integrate climate intelligence capabilities into its underwriting platform.

Cytora partners Geoskop on climate data

Cytora, a digital risk processing platform for commercial insurers, has partnered with Geoskop to integrate climate intelligence capabilities into its underwriting platform. The partnership will...
Producerflow, an insurance distribution management software provider, has launched Partner Portal, a self-service workspace designed to help insurance carriers work more efficiently with wholesalers, agency networks and other distribution partners.

InsurTech Producerflow unveils Partner Portal for carriers

Producerflow, an insurance distribution management software provider, has launched Partner Portal, a self-service workspace designed to help insurance carriers work more efficiently with wholesalers,...
Insurance pricing modernisation is often spoken about as though it were a grand technological leap, a sweeping reinvention of how insurers think, decide and operate. In reality, as outlined in Akur8’s approach to pricing transformation, it tends to look far less dramatic and far more incremental.

The force quietly reshaping insurance pricing models

Insurance pricing modernisation is often spoken about as though it were a grand technological leap, a sweeping reinvention of how insurers think, decide and...
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