FinTech News

carpe-data-teams-up-with-duck-creek-to-boost-claims-and-underwriting

Carpe Data teams up with Duck Creek to boost claims and underwriting platform

Carpe Data, a next-generation online data provider for insurers, has partnered with intelligent solutions provider Duck Creek to integrate Carpe Data’s ClaimsX and Minerva products into Duck Creek’s claims and underwriting platforms.
tourism-fuels-travel-insurance-sector-report-reveals

Tourism fuelling travel insurance sector growth, report reveals

A rise in tourism travel is fuelling the growth in the travel insurance market, a report from Research and Markets has revealed.
antarctica-capital-to-acquire-life-annuity-platform-midwest-holding

Antarctica Capital to acquire life and annuity platform Midwest Holding

Midwest Holding, a technology-driven life and annuity platform, is to be acquired by international investment firm Antarctica Capital in a transaction valued at $100m.
insurity-and-atmecs-to-accelerate-cloud-based-software-for-P&C-carriers

Insurity and ATMECS to accelerate cloud-based software for P&C carriers

Insurity, a provider of cloud-based software for insurance carriers, brokers, and MGAs, has partnered with ATMECS Global to accelerate cloud-based software implementations for P&C carriers.
digital-wallet-for-insurance-marble-bags-$4.2m

Digital wallet for insurance Marble bags $4.2m

Marble, a digital wallet and loyalty platform for insurance, has raised $4.2m in funding and launched new features.
how-can-automation-and-AI-help-P&C-carriers-serve-customers-in-severe-weather-adverse-weather

How can automation and AI help P&C carriers serve customers better in severe weather?

This year has already seen high levels of severe weather events, but according to Ushur such events are an opportunity for carriers to reach out to their customers to help them avoid a claim.
insurance-could-improve-gun-safety

Insurance could improve gun safety, report suggests

According to a ValuePenguin survey, 75% of American consumers believe gun owners should be required to have liability insurance on their firearms.
assurant-partners-with-updater-to-become-renters-insurance-provider

Assurant partners with Updater to provide renters insurance

Assurant, a global business services company that supports, protects and connects major consumer purchases, has signed a multi-year partnership with Updater, to become the preferred renters insurance provider.
american-international-group-finalises-MGA-deal-for-hgih-net-worth-markets

American International Group finalises MGA deals for high net worth markets

American International Group (AIG) has finalised its agreement with funds managed by Stone Point Capital to form an independent managing general agency (MGA) to serve high net worth and ultra-high net worth markets.
insuritas-teams-up-with-crdit-one-bank-for-its-digital-insurance-agency

Insuritas teams up with Credit One Bank for its digital insurance agency

Insurance agency Insuritas has been engaged by Credit One Bank to install its full-service digital insurance agency platform.

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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