FinTech News

Maximising MGA’s capabilities with technology in the global insurance landscape

Managing General Agents (MGAs) are becoming increasingly instrumental in the global insurance market by targeting niche or underserved sectors. With approximately 600 MGAs in...
Beazley-streamlined-medical-liability-product

Beazley’s streamlined MiscMed product set to revolutionise medical liability insurance

Specialist insurer, Beazley, known for its operations in Europe, United States, Canada, Latin America and Asia, has launched its updated Miscellaneous Medical Liability insurance product, dubbed MiscMed, into the US and London markets.
we-fox-raises-funding-to-enhance-insurance-distribution

wefox raises $110m to enhance insurance distribution and tech platform

Berlin-based InsurTech firm, wefox, has successfully completed a funding round that has solidified its position as a leading force in the insurance technology industry.
JAB-acquires-pumpkin-pet-insurance

JAB acquires majority stake in Pumpkin Insurance, expanding its pet insurance leadership

JAB Holding Company, a major investor in consumer-focused industries, has acquired a majority stake in Pumpkin Insurance Services Inc., a top-tier preventive care and pet insurance provider.
catastrophe-exposed-sage-sure

Catastrophe-exposed insurance provider SageSure secures $250m investment

SageSure, a leading independent managing general underwriter specialising in providing catastrophe-exposed property insurance, has closed a $250m equity financing round.

Revolutionising health insurance: EFU Life and dacadoo partner for wellness program

EFU Life Assurance Ltd, a front-runner in Pakistan's life insurance sector, has announced a collaborative venture with dacadoo, a trailblazing Swiss tech company.
roots-automation-insurgpt

InsurGPT: Roots Automation’s breakthrough AI model set to transform insurance

Roots Automation, the pioneer behind AI-powered Digital Coworkers, has unveiled its latest innovation, InsurGPT.
federal-life-partners-with-siss-re-insurtech

Federal Life, Swiss Re, and Reframe Financial join forces for digital-first insurance solution

Federal Life Insurance Company, a provider of insurance and annuity products, has partnered with Swiss Re, a global reinsurer, and Reframe Financial, a top InsurTech company, to introduce Reframe LifeStage.
Akur8

InsurTech Akur8 successfully completes SOC 2 Type II audit

Insurance company Akur8 has recently strengthened trust in its offering with the completion of its SOC 2 Type II audit.
Firemark-ventures-backs-RavinAI-for-vehicle-inspection-technology

Firemark Ventures backs Ravin AI for vehicle inspection technology

Ravin AI, a provider of deep learning vehicle inspection technology, has secured an investment from Firemark Ventures, to provide its technology to retail customers and commercial fleets.

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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