FinTech News

Instabase achieves $2bn valuation post $45m Series C round, announces AI Hub platform launch

Instabase, the enterprise sector leader in Applied AI, today revealed the successful completion of its Series C funding round and the inauguration of its AI Hub. The firm specialises in crafting advanced AI applications and generative AI tools tailored for modern businesses.
Enfuce

Guidewire to Elevate QBE North America’s Operations with Innovative Cloud Claims Management

Global insurer and reinsurer, QBE North America, a branch of QBE Insurance Group Limited, and Guidewire, a trusted platform for property and casualty (P&C) insurers, have revealed a strategic partnership.
owit-global-canopius-team-up-to-streamline-data-management

OWIT Global and Canopius US Insurance team up to streamline bordereaux data management

OWIT Global, recognised as the leading cloud-based InsurTech firm focused on digitalising the international insurance industry, has announced a successful implementation of their Bordereaux Management Solution by Canopius US Insurance. 
nealthy

Braemont Capital injects $125m into premier insurance firm, Incline P&C Group

The premier insurance program market services firm, Incline P&C Group, has announced it has secured a significant investment of $125m.
Amsterdam-based InsurTech Insify attracts $10.7m

Amsterdam-based InsurTech Insify attracts $10.7m

Amsterdam-based InsurTech firm, Insify, has successfully sealed its Series A funding round by amassing an additional $10.7m.
japan-post-insurance

Japan Post Insurance partners with KKR and Global Atlantic to diversify growth strategy

Japan Post Insurance, KKR & Co, and Global Atlantic Financial Group, have publicly announced the formation of a strategic partnership. Furthermore, Japan Post Insurance plans to substantiate its investment in a reinsurance co-investment vehicle, pioneered by Global Atlantic.
cover-whale-AI-capabilities

Cover Whale bolsters AI capabilities with Darien Acosta at the helm

Cover Whale Insurance Solutions, an innovative commercial trucking insurance provider and leading InsurTech, has announced the appointment of its chief artificial intelligence Officer (CAIO), Darien Acosta. Acosta will take the lead of a newly-established AI Transformation division within the company.
next-insurance-gusto-expand-partnership

NEXT Insurance and Gusto Embedded expand partnership to revolutionise small business protection

NEXT Insurance, a digital InsurTech player revolutionising small business insurance, has announced an intensified collaboration with Gusto Embedded, a significant developer platform and support infrastructure.
hub-digital-insurance-capabilities

Hub International ramps up digital insurance capabilities with EINSURANCE acquisition

In a groundbreaking move, Hub International Limited, a leading global insurance brokerage and financial services firm, has acquired the assets of E-Insure Services, a pioneer in data-driven insurance marketing.
cyber-risk-expert-sets-foot--US

Cyber risk expert KYND makes a splash in the US insurance market

KYND, a pioneer in cyber risk management technology and services based in the UK, is excited to announce its expansion into the US insurance market.

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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