FinTech News

direct-line-in-by-miles-take-over

Direct Line in By Miles take-over

Direct Line has acquired By Miles Group, a Managing General Agent (MGA) and provider of real-time pay-by-mile insurance policies.
goosehead-insurance-and-vivint-smart-home-team-up-to-enhance-home-insurance

Goosehead Insurance and Vivint Smart Home team up to enhance home insurance

Goosehead Insurance, an independent personal lines insurance agency, has partnered with Vivint Smart Home, a leading smart home company in the US, to enhance home insurance solutions.
insurance-broker-howden-secures-$1.1bn-in-debt-and-equity

Insurance broker Howden secures $1.1bn in debt and equity

Insurance broker Howden Group Holdings has raised over $1.1bn in debt and equity, which it intends to use towards M&A initiatives.
ushur-launches-ushurx-to-solve-customer-engagement-issues-in-insurance-and-healthcare

Ushur launches UshurX to solve issues in insurance and healthcare

Ushur, an AI-powered customer experience automation platform, has launched UshurX, a line of pre-packaged solutions focused on solving the most common customer engagement issues in healthcare, insurance and other highly regulated industries.
canopoius-to-offer-auto-coverage-in-us-virgin-islands

Canopius to offer auto coverage in US Virgin Islands

Canopius Group, a global specialty reinsurer, and Theodore Tunick and Marshall & Sterling, a broker for all lines of business and personal insurance, will offer admitted auto coverage to personal and commercial insureds in the US Virgin Islands in agreement with Samsung Fire and Marine Insurance (SFMI).
aviva-commits-extra-£150m-to-aviva-ventures-to-invest-in-early-stage-businesses

Aviva commits extra £150m to Aviva Ventures to invest in early-stage businesses

Aviva has committed a further £150m to its corporate venture capital fund, Aviva Ventures, which will focus on investing in early-stage businesses in emerging technology and customer trends.
betterview-launches-roof-age-solution-for-P&C-insurers

Betterview launches AI-powered roof age solution for P&C insurers

Betterview, an InsurTech that provides property risk intelligence, has launched an AI-powered roof age solution to support property and casualty (P&C) insurers.
insurity-launches-underwriting-solution-for-london-market

Insurity launches underwriting solution for London market

Insurity, a provider of cloud-based software for insurance carriers, brokers, and MGAs, is launching its Sure Underwriting Workbench in the London market.
zesty-ai-and-ibhs-research-re-examines-catastrophic-losses-from-storms

ZestyAI and IBHS research re-examines catastrophic losses from storms

ZestyAI, a provider of climate and property risk analytics solutions, and the Insurance Institute for Business & Home Safety (IBHS) released new research examining catastrophic losses from severe convective storms, particularly hail.
Revolutionising insurance data entry with the EHIC Scanner SDK

Revolutionising insurance data entry with the EHIC Scanner SDK

In the fast-paced InsurTech landscape, enhancing user experience and data accuracy are paramount. An ever-increasing number of insurance providers are embracing mobile apps and digital client platforms to facilitate a smoother transfer of sensitive data.

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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