FinTech News

AXA

AXA XL launches emissions insurance product for marine clients

AXA XL, a division of AXA, with a prominent presence in the UK, has launched a new product - the Excess Emissions Insurance.
Evertas

Evertas bolsters crypto insurance coverage with Bitsure acquisition

Evertas, a digital asset insurance provider, has announced the acquisition of Bitsure, a pioneering insurer for crypto mining operations.
How Home Instead Ireland harnesses ViClarity for quality management

How Home Instead Ireland harnesses ViClarity for quality management

Home Instead Ireland, a dedicated provider of person-centred care, is on a pivotal mission to improve the lives of older adults and their families. In 2020, they took a strategic decision to incorporate the ViClarity Quality Management system into their operations. The primary aim was to enhance manual processes related to quality and compliance on both local and national scales.
Tractable secures $65m in Series E to revolutionise insurtech with AI

Tractable secures $65m in Series E to revolutionise InsurTech with AI

Tractable, an established leader in the application of artificial intelligence (AI) to assess the condition of cars and properties, has just announced its latest fundraising success.
Akur8 and Madison Mutual Insurance join forces to redefine pricing in personal insurance lines

Akur8 and Madison Mutual Insurance join forces to redefine pricing in personal insurance lines

Madison Mutual Insurance Company (MMIC), a prominent Midwest insurer, and Akur8, a groundbreaking solution provider for non-life insurance pricing, have announced their partnership. The collaboration...
CLARA

CLARA Analytics, OPEX Consultants join forces to revolutionise InsurTech in APAC

CLARA Analytics has recently joined forces with OPEX Consultants, a renowned Australian insurance consulting firm.

Transforming insurance pricing through decision intelligence

Understanding and effectively applying pricing decision intelligence is pivotal in improving profitability for insurers. Despite its significance, the industry grapples with successfully transforming their...
The future of specialty insurance: Unpacking the digital challenges and opportunities

The future of specialty insurance: Unpacking the digital challenges and opportunities

In the late 17th century, Edward Lloyd set up his famous coffee house in London's Tower Street, laying the groundwork for modern insurance. Fast forward almost 350 years and insurance, now a $6tn industry, has evolved drastically. However, specialty insurers today grapple with unprecedented challenges. This article will delve into these emerging issues and technological advancements driving industry transformation.
Augment

Altamont bolsters new reinsurance broker Augment with $100m funding

Augment, a newly launched reinsurance broker, has recently made waves with an inaugural investment of $100m.
business

Cybercrime’s toll on global business to skyrocket to $10.5tn by 2025

Despite threats posed by the emergence of new technologies such as AI, global business leaders' focus on cyber risk seems to be waning.

News Stories

Kin Insurance, a US InsurTech focused on homeowners coverage in catastrophe-exposed regions, has secured $335m in its largest catastrophe bond transaction to date.

Kin Insurance lands $335m bond to bolster US storm protection

Kin Insurance, a US InsurTech focused on homeowners coverage in catastrophe-exposed regions, has secured $335m in its largest catastrophe bond transaction to date. The raise...
Allianz Commercial will transfer its standalone cyber insurance portfolio to Coalition as part of a long-term partnership to consolidate the global cyber insurance market. 

Allianz and Coalition form exclusive cyber insurance alliance

Allianz Commercial will transfer its standalone cyber insurance portfolio to Coalition as part of a long-term partnership to consolidate the global cyber insurance market.  The...
InsurTech firm Corgi has reached unicorn status after raising $160m in Series B funding at a $1.3bn valuation.

Corgi hits unicorn status after $160m Series B

InsurTech firm Corgi has reached unicorn status after raising $160m in Series B funding at a $1.3bn valuation. The round brings Corgi’s total funding to...

Pit secures $16m led by Andreessen Horowitz

Pit, a Swedish AI startup developing custom enterprise software, has emerged from stealth with $16m in seed funding led by Andreessen Horowitz, as it...
Insurance has always depended on timing. Risk is captured at a specific moment, translated into a price, and expected to remain broadly stable until the next review. For much of the industry’s history, that assumption has held. Risk moved, but not so quickly that it escaped the frame of underwriting.

How real-time risk visibility is reshaping the insurance lifecycle

Insurance has always depended on timing. Risk is captured at a specific moment, translated into a price, and expected to remain broadly stable until...
224931

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