FinTech News

cover-whale-insurance-teams-up-with-nexar-netradyne

InsurTech Cover Whale joins forces with Netradyne and Nexar

Cover Whale Insurance, a commercial trucking insurance provider, has partnered with Nexar and Netradyne to more precisely price policies and offer discounts to safe drivers.
Hippo-insurance-selects-opterrix-to-optimise-claims-workflows

Hippo Insurance selects Opterrix to optimise claims workflows

Hippo Insurance has selected Opterrix, a provider of risk intelligence or the property & casualty insurance industry, to optimise claims workflows.
Lloyd's

Lloyd’s unveils £250m sustainability-focused private impact fund

Lloyd’s has launched a private impact fund with an initial £250m allocation aimed in sustainability-focused assets.
IAG-firemark-ventures-backs-insurtech-planck

IAG Firemark Ventures backs InsurTech Planck

IAG Firemark Ventures has invested in Planck, a global InsurTech platform that provides real-time answers to underwriting questions to the global Commercial Insurance Industry.
pet-insurtech-kanguro-officially-launches-health-insurance-plans-for-pets

Pet InsurTech Kanguro officially launches health insurance plans for pets

Pet InsurTech Kanguro, which is on a mission to reinvent the world of pet insurance, has officially launched its health insurance plans for pets.
Verisk--launches-solutions-to-help-insurers-develop-commercial-lines-products

Verisk launches solution to help insurers develop commercial lines products

Global data analytics provider Verisk has launched a Rating-as-a-Service (RaaS) solution to help insurers develop new commercial lines products.
civil-unrest-reducing-risk-appetite-in-political-violence-insurance-market-howden-says

Civil unrest reducing risk appetite in political violence insurance market, Howden says

A report from insurance broker Howden has revealed that an increasingly unpredictable threat landscape has elevated strikes, riots and civil commotion (SRCC) risks and hence reduce risk appetite in the political violence (PV) insurance market.
Canada-life-to-acquire-IPC-to-expand-wealth-management-reach

Canada Life to acquire IPC to bolster wealth management reach

The Canada Life Assurance Company is to acquire Investment Planning Counsel (IPC) an independent wealth management firm from IGM Financial.
Vouch-and-startupOS-to-bring-insurance-solutions-to-startups

Vouch and StartupOS to bring insurance solutions to startups

Vouch, an insurance provider re-thinking business insurance for the technology industry, has partnered with StartupOS to bring insurance to early-stage startups.
Canopius-and-falvey-to-offer-inland-marine-coverage-in-US

Canopius and Falvey Insurance Group to offer inland marine coverage in US

Canopius, a global specialty (re)insurer, has partnered with managing general agent Falvey Insurance Group (FIG) to offer inland marine coverage in the US.

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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