FinTech News

Wisedocs secures $9.5m in Series A to revolutionise InsurTech with AI

Wisedocs secures $9.5m in Series A to revolutionise InsurTech with AI

Wisedocs, a leading name in the InsurTech sector, has successfully closed an impressive $9.5m in an oversubscribed Series A financing round.
Phoenix Merchant Partners has revealed that former Vesttoo executive Julia Henderson will join the firm as its Managing Director, Insurance Solutions.

Former Vesttoo executive set to join Phoenix Merchant Partners

Phoenix Merchant Partners has revealed that former Vesttoo executive Julia Henderson will join the firm as its Managing Director, Insurance Solutions.
In the dynamic realm of insurance, a silent revolution is underway, orchestrated not by charismatic CEOs or flamboyant disruptors but by the enigmatic force of machine learning (ML). These complex algorithms have become insurance industry oracles, predicting claims and determining premiums with uncanny accuracy.

The role of Machine Learning explainability in insurance

In the dynamic realm of insurance, a silent revolution is underway, orchestrated not by charismatic CEOs or flamboyant disruptors but by the enigmatic force of machine learning (ML). These complex algorithms have become insurance industry oracles, predicting claims and determining premiums with uncanny accuracy.
Nirvana Insurance has selected Ascend, a financial operations automation platform, to enhance and expand its direct bill processing capabilities. 

Nirvana Insurance selects Ascend to enhance direct bill processing capabilities

Nirvana Insurance has selected Ascend, a financial operations automation platform, to enhance and expand its direct bill processing capabilities. 
Ascot Group has revealed the appointment of a new Group Chief Operating Officer (COO), effective immediately, to enhance the group's underwriting and operational excellence globally.

Ascot Group reveals new senior leadership appointment

Ascot Group has revealed the appointment of a new Group Chief Operating Officer (COO), effective immediately, to spearhead their global operational support organisation
Coalition, the world's first active insurance provider, has rolled out a new Miscellaneous Professional Liability (MPL) Insurance offering.

Coalition reveals new Miscellaneous Professional Liability Insurance coverage

Coalition, the world's first active insurance provider, has rolled out a new Miscellaneous Professional Liability (MPL) Insurance offering.
AXA and BOXX Insurance introduce advanced cyber protection for SMEs

AXA and BOXX Insurance introduce advanced cyber protection for SMEs

BOXX Insurance, an award-winning global InsurTech firm specialising in cyber protection and insurance, has forged a significant partnership with AXA, a leader in insurance and asset management.
63% of Singapore's insurance market is set to replace core management systems in 2024, according to a recent global study by Novidea. 

63% of Singapore insurance market to replace core management systems in 2024

63% of Singapore's insurance market is set to replace core management systems in 2024, according to a recent global study by Novidea. 
WTW, a prominent player in the insurance industry, has introduced a groundbreaking cyber insurance product specifically tailored for small and medium-sized enterprises (SMEs) with annual revenues below $50M. 

WTW reveals game-changing cyber insurance coverage for SMEs

WTW, a prominent player in the insurance industry, has introduced a groundbreaking cyber insurance product specifically tailored for small and medium-sized enterprises (SMEs) with annual revenues below $50M. 
Insurance Europe, alongside nine other European associations, has called upon the European Commission’s President, Ursula von der Leyen, to expedite crucial EU legislation on access to vehicle data.

Insurers lobby European Commission to impose legislation on vehicle data access

Insurance Europe, alongside nine other European associations, has called upon the European Commission’s President, Ursula von der Leyen, to expedite crucial EU legislation on access to vehicle data.

News Stories

Acrisure's Auris AI targets insurance's data silos

Acrisure’s Auris AI targets insurance’s data silos

Acrisure, the global FinTech group spanning insurance, reinsurance, payroll, benefits, cybersecurity and real estate services across 19 countries, has launched Auris AI, an applied...
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...
227198

60,000+ InsurTech leaders get exclusive insights delivered every week