FinTech News

guy-carpenter-to-acquire-israels-top-reinsurance-broker-re-solutions

Global risk specialist Guy Carpenter acquires Israel’s top reinsurance broker, Re Solutions

Guy Carpenter, a leading global risk and reinsurance specialist and a Marsh McLennan business, announced its acquisition of Re Solutions, the foremost independent reinsurance broker in Israel.
hdi-seguros-akur8-partner-colombia-colombian-market

Akur8 and HDI Seguros partner to streamline pricing process in Colombia

HDI Seguros Colombia, a trailblazer in the insurance sector in Colombia, known for quality service and innovative technological products, and Akur8, a machine learning-powered insurance pricing solution, have announced a partnership to enhance HDI's pricing process in the Colombian market.
akur8-rising-inflation-impact-on-insurance

Rising inflation and its impact on insurance pricing: coping strategies for actuaries

Rising inflation rates are presenting an immense challenge to insurance companies globally. In this high-inflation environment, insurers face escalating costs and have the daunting task of predicting the influence of future inflation on their business, while setting prices today.
insurtech-as-service-platform

InsurTech-as-a-service platform unveiled by Gainbridge

Gainbridge Insurance Agency, a distinguished part of Group 1001, recently publicised its forthcoming business-to-business (B2B) "insurance-as-a-service" platform.
latin-american-insurance-sector

Talanx secures top spot in Latin American insurance sector through Liberty Mutual acquisition

Talanx Group, a significant European insurance entity, has cemented its position as one of the leading insurers in Latin America through the purchase of Liberty Mutual Insurance.
reimagining-digital-transformation

Reimagining digital transformation: the strategic approach by Ushur

Simha Sadasiva, CEO and founder of AI-powered customer experience automation platform, Ushur, unveils a novel perspective on digital transformation, arguing for a customer-centric, gradual and cost-effective approach to modernisation.
sompo-expands-global-presence-candian-branch

Sompo International expands global presence with new Canadian branch

Sompo International, recognised globally as a leader in commercial and consumer property and casualty (re)insurance, recently announced its first foray into Canada with the inauguration of a new office in Toronto.
Harnessing data and analytics: A game changer in the insurance industry

Harnessing data and analytics: A game changer in the insurance industry

In the realm of insurance, data and analytics aren't newcomers. However, the surge of digital technologies and the rise in both structured and unstructured...
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Mulberri unveils AI-powered Risk Engine, revolutionising workers’ compensation underwriting

Mulberri, an innovative artificial intelligence (AI)-driven embedded insurance platform, has introduced the Risk Engine, a risk assessment solution specifically designed for workers' compensation underwriters.
Majesco-property-insurers-insights

Closing the gap: Majesco report outlines growth potential for property insurers

Global cloud insurance software solutions provider, Majesco, has revealed the potential for growth in property insurance through its new report, 'Bridging the Customer Expectation Gap: Property Insurance'.

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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