FinTech News

EverQuote’s strategic move away from health insurance vertical to boost financial performance

EverQuote, a leading player in the online insurance marketplace and listed on Nasdaq, is making strategic changes to its business operations. The company, known for connecting insurance shoppers directly with providers across various insurance types, has announced its decision to exit the health insurance vertical.

Insurity and GeoX: Revolutionising risk assessment with AI and geospatial data

Insurity, a front-running supplier of cloud-based software and analytics designed for insurance carriers, brokers, and MGAs, has announced its alliance with GeoX, a global leader in property intelligence.

Warta and Cambridge Mobile Telematics drive forward with connected insurance for safer roads

Poland's premier motor insurer, Warta, and the world's foremost telematics service provider, Cambridge Mobile Telematics (CMT), have joined hands to roll out Warta4U, a connected insurance scheme offering safe driving incentives.

Zurich and Qover join forces to revolutionise digital insurance experience

Zurich Insurance Group (Zurich), a global insurance company, has today revealed that it will be entering a strategic partnership with Qover, a Belgium-based InsurTech company.

Top-rated landlord insurer Steadily secures $28.5m in Series B funding

Steadily, America's highly-rated landlord insurance company, announced today that it has successfully raised $28.5m in a Series B funding round.

Facing the challenges: Cyber Insurance market could rival major P&C lines by 2030

Howden, an international insurance broker, has launched its third annual report on cyber insurance titled 'Coming of Age'. The report forecasts the potential for the cyber insurance market to balloon to a hefty $50bn by 2030.

InsurTech leader Qover secures $30m in Series C funding round

In the increasingly competitive InsurTech market, Qover, a pioneering firm specialising in the orchestration of embedded insurance, stands out as it successfully wraps up a $30m Series C funding round.

Insurtech giant wefox fuels GATE’s electric vehicle rentals with customised insurance solutions

Leading InsurTech firm, wefox, and GATE (Green & Advanced Transport Ecosystem), a ground-breaking digital service founded by the Iveco Group, have announced a strategic affinity partnership. This alliance will leverage digital solutions and a pay-per-use formula to shape the future of long-term rentals for electric commercial vehicles.

Cytora and Aircraft Bluebook Join Forces to Revolutionise Aviation Insurance Risk Assessment

Cytora, a leading digital risk processing platform, and Aircraft Bluebook, renowned for providing aircraft valuation and data solutions, have recently revealed a strategic collaboration. This alliance is poised to enrich aviation insurance underwriters' capabilities with an amplified understanding of aviation risks.

Howden’s grand play: Acquires Media Insurance Brokers to boost media and entertainment offering

International insurance broker, Howden, has recently announced its acquisition of Media Insurance Brokers International Limited (MIB), a leading independent UK and Irish film and television broker.

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...
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