FinTech News

Arbol

Arbol’s unveils new blockchain parametric reinsurance platform

Arbol, a climate risk coverage platform, has released the first-ever parametric reinsurance solution powered by blockchain technology.
Intelligent AI’s novel platform: A remedy for the £340bn commercial property underinsurance predicament

Intelligent AI’s novel platform: A remedy for the £340bn commercial property underinsurance predicament

The InsurTech industry is witnessing a significant transformation with the launch of Intelligent AI's novel Intelligent Rebuild Cost Validation Platform. This data-driven solution is set to confront the persistent issue of commercial property underinsurance, a problem that costs the UK market £340bn in annual premiums.
Unpacking the MOVEit data breach why cyber risk management is non-negotiable

Unpacking the MOVEit data breach: why cyber risk management is non-negotiable

The shocking MOVEit data breach has left global businesses reeling and exposed the hard truth of our digital era - cyber threats are an inescapable reality. The enormity of the breach's impact, and the sensitive nature of the data now in the hands of hackers, has served as a sobering reminder of the catastrophic implications of cyber attacks and the spiralling chaos they can induce in the corporate world.
bolttech

Insurtech giant bolttech forms strategic alliance with Taiwan Mobile

bolttech, has unveiled a strategic partnership with Taiwan Mobile, a leading telecommunications provider in Taiwan.
Revolut

Qover partners with Revolut for disruptive trip cancellation insurance

Revolut and Qover have announced their second collaboration, providing embedded insurance for a new trip and event cancellation cover.
CyFi

Intangic MGA revolutionises cybersecurity with new CyFi dashboard

Intangic MGA, a data science-focused MGA, has announced the launch of a cutting-edge early warning tool, the Intangic CyFi Dashboard.
Speed or quality: The AI dilemma disrupting the insurance sector

Speed or quality: The AI dilemma disrupting the insurance sector

In the dynamic landscape of insurance, artificial intelligence (AI) has emerged as a game-changing element. The central subject of many debates at recent forums, such as the #everywoman insurance forum, is an AI-powered chatbot, Chat-GPT. InsurTech company distriBind has explored the role of ai and chatbots in insurance. 
Blink

Blink Parametric and GetCover revolutionise travel insurance with real-time solutions

Blink Parametric has partnered with Newpoint's GetCover.com, a pioneer of online direct-to-consumer travel insurance.
WTW

WTW introduces revamped Cyber Quantified model to change risk management strategies

Willis Towers Watson (WTW), a leading global advisory and broking firm, has launched its advanced Cyber Quantified model.
ESG

Greater Than’s AI amplifies eDriving’s ESG commitment with EcoDrive feature launch

Greater Than, a provider of driver crash probability has announced a collaborative venture with its partner eDriving.

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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