FinTech News

ai-trust-defecit

AI trust deficit in advanced digital economies: Insights from Swiss Re Institute

Swiss Re Institute's recent analysis reveals that countries leading in digital advancements are likely to harbour lesser trust in artificial intelligence (AI) technology.
scanbot-ai-manufacturing

The rise of AI in manufacturing: Streamlining processes through machine learning

According to software provider Scanbot, machine learning is ushering in a new era of efficiency and innovation in the manufacturing industry, playing a pivotal role in the fourth industrial revolution.
verisk-morning-data

Verisk’s acquisition of Morning Data: Upgrading the global insurance industry

Verisk, a forerunner in data analytics and technology, has joined forces with Morning Data, a leading supplier of cutting-edge software to brokers and managing general agents (MGAs) worldwide, with a strong presence in London.
akur8-tokio-marine-enhanced-insurance-pricing-asia

Akur8 partners with Tokio Marine for enhanced insurance pricing in Asia

Akur8, a pioneer in insurance pricing technology, is partnering with Tokio Marine Insurance Group (Asia), a leading insurance company with a strong footprint in the Southeast Asian market.
sapiens-absa-life-team-up-digital-transformation

Sapiens chosen as Absa Life’s partner in a major digital transformation initiative

Sapiens International Corporation, a leading global provider of software solutions for the insurance sector, and Absa Life, a foremost life insurance provider in South Africa, are teaming up.

UNest and Wysh to boost financial security for families

UNest, a family investment app, and Wysh Life and Health Insurance Company, an innovator in the provision of life insurance, have partnered.
harnessing-the-power-of-big-data-a-new-era-in-insurance-and-insurtech

Harnessing the power of big data: A new era for insurance and InsurTech

In the rapidly evolving world of insurance and InsurTech, the term "big data" is gaining significant traction. With implications for risk assessments, policy pricing and customer interactions, insurance industry professionals explore how it is driving innovation.
cloud-insurance-customer-experience

Revolutionising health insurance: embracing technology for superior customer experience

With the increasing digitalisation of the healthcare sector has escalating customers' demands for convenient access to their insurance details and policy management, integrating advanced technologies is more important than ever for health insurance providers. 
NZIA

Major insurers back out of NZIA amid US political pressure

A group of significant insurers have publicly declared their discontinuation of membership with the Net-Zero Insurance Alliance (NZIA).
atidot-launches-new-ai-platform-for-life-insurance-sector

Atidot unveils AI platform transforming life insurance analysis

Atidot, an innovative leader in the InsurTech sector, has released its new, advanced AI platform as a response to a growing need for more optimised, intelligent solutions within the life insurance sphere. 

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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