FinTech News

Cyber risk analytics provider KYND, a specialist in identifying and assessing organisational cybersecurity vulnerabilities, has revealed that almost nine in ten firms exposed to cyber risks remain vulnerable for six months or longer.

Insurers face growing cyber exposure as firms delay fixes

Cyber risk analytics provider KYND, a specialist in identifying and assessing organisational cybersecurity vulnerabilities, has revealed that almost nine in ten firms exposed to...
Akur8, a next-generation insurance pricing and reserving solution, announced the acquisition of Matrisk, an AI-driven platform that transforms unstructured regulatory filings into actionable market insights, strengthening Akur8’s AI capabilities and pricing offering.

Akur8 expands insurance pricing with Matrisk acquisition

Akur8, a next-generation insurance pricing and reserving solution, announced the acquisition of Matrisk, an AI-driven platform that transforms unstructured regulatory filings into actionable market...
Mantas, a cloud risk-focused InsurTech start-up, has emerged from stealth with a $1.77m seed funding round to introduce parametric insurance covering cloud outages.

Mantas raises $1.77m to insure cloud outages

Mantas, a cloud risk-focused InsurTech start-up, has emerged from stealth with a $1.77m seed funding round to introduce parametric insurance covering cloud outages. The funding...
SuperAgent AI, an InsurTech innovator, has announced the world’s first Quoting AI Agent, a breakthrough tool designed to automate insurance quoting, optimise rates, and deliver bindable quotes in seconds.

SuperAgent AI launches world’s first quoting AI agent

SuperAgent AI, an InsurTech innovator, has announced the world’s first Quoting AI Agent, a breakthrough tool designed to automate insurance quoting, optimise rates, and...
Kin, the direct-to-consumer digital home and auto insurance and finance provider, has launched auto insurance for its customers in Florida and Texas, enabling homeowners to bundle their policies for simplified management and cost savings.

Kin introduces bundled home and auto insurance savings

Kin, the direct-to-consumer digital home and auto insurance and finance provider, has launched auto insurance for its customers in Florida and Texas, enabling homeowners...
Mantas raises $1.77m to bring parametric insurance to cloud downtime

Mantas raises $1.77m to bring parametric insurance to cloud downtime

Mantas, a company focused on insuring modern digital risks, has emerged from stealth alongside a seed funding round to introduce parametric insurance designed to cover cloud service downtime.
For many insurers, pricing remains a complex and time-consuming function. Teams rely on fragmented systems, manual processes, and traditional modelling techniques that slow decisions and limit accuracy. Misaligned data and disconnected workflows can hinder both operational efficiency and strategic insight.

How Akur8 is shaping next-gen pricing at Idaho Farm Bureau

For many insurers, pricing remains a complex and time-consuming function. Teams rely on fragmented systems, manual processes, and traditional modelling techniques that slow decisions...
Apollo, a Skyward Group company specialising in specialty insurance, and ZenHedge, a US-based InsurTech start-up, have partnered to launch a parametric solution protecting shippers from rising freight costs caused by trucking carrier tender rejections.

Apollo and ZenHedge unveil parametric freight insurance

Apollo, a Skyward Group company specialising in specialty insurance, and ZenHedge, a US-based InsurTech start-up, have partnered to launch a parametric solution protecting shippers...
Techficient, an InsurTech provider focused on AI-driven insurance solutions, has announced the launch of Forthright, a new fraud detection platform designed to help insurance carriers and distributors proactively identify and mitigate fraudulent activity.

Techficient unveils Forthright to tackle insurance fraud

Techficient, an InsurTech provider focused on AI-driven insurance solutions, has announced the launch of Forthright, a new fraud detection platform designed to help insurance...
Marsh Risk, a global insurance broker, has expanded capacity for Nimbus, its dedicated large-scale data centre construction insurance facility, increasing available limits to $2.7bn for major developments across multiple international markets.

Nimbus insurance facility grows to $2.7bn capacity

Marsh Risk, a global insurance broker, has expanded capacity for Nimbus, its dedicated large-scale data centre construction insurance facility, increasing available limits to $2.7bn...

News Stories

Producer licensing is one of those parts of insurance that tends to stay in the background until it starts slowing everything else down. As carriers expand their agent networks, the process of onboarding producers, managing appointments, and maintaining compliance records often still depends on fragmented systems and manual intervention.

Fixing the producer bottleneck in insurance distribution

Producer licensing is one of those parts of insurance that tends to stay in the background until it starts slowing everything else down. As...
Simply Business, a digital insurance marketplace, has launched a business insurance app on ChatGPT in the US, alongside a separate rollout in the UK.

Simply Business brings small business insurance pricing into ChatGPT

Simply Business, a digital insurance marketplace, has launched a business insurance app on ChatGPT in the US, alongside a separate rollout in the UK. The...
Cytora, a digital risk processing platform, has announced a strategic relationship with LexisNexis Risk Solutions to embed advanced data and analytics into its platform for US commercial insurers.Cytora, a digital risk processing platform, has announced a strategic relationship with LexisNexis Risk Solutions to embed advanced data and analytics into its platform for US commercial insurers.

Cytora partners LexisNexis to enhance US commercial underwriting

Cytora, a digital risk processing platform, has announced a strategic relationship with LexisNexis Risk Solutions to embed advanced data and analytics into its platform...
INSTANDA, a no-code insurance platform provider, has partnered with DataCrest, a workflow solutions firm, to enhance submission intake and quoting efficiency for insurers and MGAs.

INSTANDA and DataCrest team up to streamline insurance submissions

INSTANDA, a no-code insurance platform provider, has partnered with DataCrest, a workflow solutions firm, to enhance submission intake and quoting efficiency for insurers and...
Openly, a tech-enabled homeowners insurance provider, has secured a growth investment round led by existing investors Eden Global Partners, Advance Venture Partners and Gradient, with strategic participation from Allianz X.

Openly boosts expansion plans with funding and Allianz Re deal

Openly, a tech-enabled homeowners insurance provider, has secured a growth investment round led by existing investors Eden Global Partners, Advance Venture Partners and Gradient,...
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