FinTech News

CCC-intelligent-solutions-and-verisk-team-up-to-prevent-auto-insurance-fraud

CCC Intelligent Solutions teams up with Verisk to prevent auto insurance fraud

CCC Intelligent Solutions (CCC) has partnered with global analytics provider Verisk to leverage the two providers’ market-leading technologies to prevent auto insurance fraud.
Percipience-partners-with-AI-insurtech-concirrus-to-expand-data-capabilities-for-insurers

Percipience teams up with AI InsurTech Concirrus to expand data capabilities for insurers

Percipience, an insurance data and analytics platform provider, has partnered with AI-powered InsurTech Concirrus to expand data capabilities for insurers.
Mututal-benefit-group-selects-SPLICE-to-enhance-customer-experience

Mutual Benefit Group selects SPLICE to enhance customer experience

SPLICE Software, a customer engagement company specialising in automated communication workflows and opt-in management, has partnered with insurance carrier Mutual Benefit Group (MBG) to enhance the customer experience during the claims process.
swiss-re-britam-and-oxfam-to-protect-small-scale-farmers-in-kenya-with-parametric-flood-insurance-solution

Swiss Re, Britam and Oxfam to protect small-scale farmers in Kenya with parametric flood...

Global reinsurer Swiss Re has teamed up with Britam and Oxfam to launch an index-based flood insurance solution in Kenya to protect small-scale farmers.
barkibu-pet-health-insurer-bags-$4.5m

Pet health insurer Barkibu bags $4.5m

Barkibu, a pet health insurance and preventative coverage provider, has raised $4.5m in funding to take advantage of the “booming” pet insurance market.
north-american-pet-insurance-sector-exceeds-$3.5bn

North American pet insurance sector exceeds $3.5bn

The North American Pet Health Insurance Association (NAPHIA) released its 2023 State of the Industry (SOI) Report showing the North American pet health insurance sector grew by 23.5% in In-Force GWP over 2022.
Akur8-to-enhance-next-insurances-pricing-processes

Akur8 to enhance NEXT Insurance’s pricing processes

Akur8, the next generation insurance pricing solution powered by transparent machine learning, has been selected by NEXT Insurance to help scale pricing capability framework.
Sunnova-energy-teams-up-with-amica-insurance-for-energy-and-insurance-services

Sunnova Energy joins forces with Amica Insurance for energy and insurance services

Sunnova Energy International, a US Energy as a Service (EaaS) provider, has partnered with Amica Insurance to expand the reach of its clean, affordable and reliable energy services.
insurtech-obie-teams-up-with-marketplace-homes-to-better-manage-risk

InsurTech Obie teams up with Marketplace to better manage risk

Obie, an InsurTech startup that offers insurance risk management for real estate investors, has partnered with Marketplace Homes to better manage risk for its properties.
cognisure-and-innoveo-team-up-to-support-commercial-insurers

CogniSure and Innoveo team up to support commercial insurers

CogniSure AI, a provider of insurance document extraction and analytics, has partnered with no-code platform provider Innoveo to drive underwriting efficiencies and pricing accuracy for commercial insurers.

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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