FinTech News

European insurance giant Talanx has initiated a €300m capital raising effort aimed at expanding its free float.

In the evolving landscape of insurance, there is a stark need for adaptation. The rampant shift towards digitalisation has impacted the very core of how insurers operate, but the data-driven wave hasn't been smooth sailing. Underwriters and actuaries, key players in the industry, voice discontent with contemporary processes.

Mobile app development has evolved significantly since the advent of smartphones in the late 2000s. Initially, developers had two main approaches to consider: native and hybrid development. Native apps were built using the platforms' specific programming languages, while hybrid apps were web applications housed within a sandbox browser.

Authentic, a turnkey insurance platform that specialises in captive insurance, announced the close of a $5.5M seed round.

Founded in 2005, Ascent has a key mission: help insurers and reinsurers become more profitable by accelerating their ability to transact. We recently spoke to CCO George Earp and Principal Architect Konrad Pfeffer to find out more.

Leading cyber underwriter Corvus Insurance has revealed that it is expanding its existing relationship with Travelers, in a bid to bolster its existing suite of products.

Vivante Health, dubbed as the frontrunner in the world of digital digestive health, has successfully wrapped up a significant $31m Series B funding round.

Kayna, the embedded insurance infrastructure platform, has successfully secured a €1 million pre-seed funding round. 

The Lloyd’s Market Association (LMA) has announced the launch of its Environmental, Social and Governance (ESG) Academy, designed to educate professionals within the global re/insurance sector.

Independence Pet Group (IPG) announced plans to acquire Felix, advertised as the only pet insurance brand just for cats in the US.