FinTech News

FullCircl, a prominent player in the InsurTech sector, recently offered its perspectives on the British Insurance Brokers' Association's (BIBA) newly unveiled 2024 Manifesto.

Insurity has launched an AI-powered analytics solution which it claims will revolutionise decision-making for P&C insurance carriers.

Resilience, a cybersecurity firm, has announced a significant extension of its underwriting authority, to serve large global companies with up to $10bn in annual revenues.

CarbonPool, a trailblazing company at the intersection of insurance technology and environmental sustainability, has successfully completed a funding round, raising a significant CHF 10.5 million ($12m).

Pacific Life Re, a key player in the global reinsurance industry, has implemented strategic changes in its organisational structure to enhance client support and achieve ambitious growth objectives.

Microinsurance provider MIC Global has successfully raised $6 million in a seed funding round, with Launchpad Capital leading the investment. 

AVLA, a prominent provider of surety and trade credit solutions, has successfully secured $25m in funding from a host of distinguished investors.

In the rapidly evolving landscape of financial technology, the decision to deploy infrastructure either on-premises or in the cloud has become a critical choice for organisations. The preferences often vary based on factors such as operational needs, financial considerations, and overall business strategy. Software development company Symfa explores the reasons behind the growing trend of opting for on-premises data centres.

Munich Re has strengthened its executive team with the appointment of Jeff Marks as the Chief Operating Officer (COO) for Munich Re Specialty Insurance (MRSI).

Allianz Direct, a subsidiary of the German insurance giant Allianz, is reportedly on the brink of acquiring the beleaguered French InsurTech Luko for approximately €5m.