FinTech News

Aspect-insurance-exits-stealth-poised-for-growth-in-UK-and-Europe-D&F-startup

Aspect exits stealth to focus on small to mid-market property (re)insurance across the UK...

Aspect, a direct and facultative (D&F) startup, has exited stealth mode to focus on writing hard to place small to mid-market property (re)insurance across the UK and Europe.
insurtech-bolt-partners-with-choice-to-enhance-household-coverage

InsurTech bolt teams up with Choice to enhance household coverage

Property and casualty (P&C) InsurTech bolt has partnered with Choice Home Warranty, a US-based home warranty service contract provider.
Pinnacle-pet-group-acquires-animal-friends-to-drive-pet-insurance-innovation

Pinnacle Pet Group acquires Animal Friends to drive innovation in pet insurance

Pinnacle Pet Group (PPG), a pan-European pet insurance provider with JAB Holding Company as controlling shareholder, has acquired Animal Friends to drive innovation in pet insurance.
Kin-insurance-expands-in-mississippi-home-insurance

Home insurance company Kin Insurance expands in Mississippi

Kin Insurance, a direct-to-consumer home insurance company, has expanded its home and property insurance solutions to Mississippi.
Blink-parametric-partners-with-awaycare-to-take-off-in-the-US

Blink Parametric partners with AwayCare to take off in US

InsurTech Blink Parametric has expanded its partnership with AwayCare, a Managing General Agent (MGA) providing travel insurance products in Canada, to launch in the US.
Arch-insurance-acquires-small-business-insurtech-thimble

Arch Insurance acquires small business InsurTech Thimble

Arch Insurance has acquired Thimble, an InsurTech platform for small business customers and agents.
IMT Insurance picks Akur8 to transform insurance pricing

IMT Insurance picks Akur8 to transform insurance pricing

P&C mutual insurance company IMT Insurance has deployed the Risk and Rate modelling solution of Akur8, a next generation insurance pricing solution.
amwins-insurance-launches-specialise-wildfire-product-for-california

Amwins Insurance launches wildfire product for California

Amwins Access, a nationwide binding and brokerage platform for small P&C and personal lines accounts, has launched an Excess Wildfire Product for California Residential Properties.
HawkSoft-teams-up-with-Cover-Right-to-introduce-new-revenue-opportunities-for-P&C-agencies

HawkSoft teams up with CoverRight to introduce new revenue opportunities for P&C agencies

HawkSoft, a provider of management systems for independent insurance agencies, has partnered with CoverRight to introduce new revenue opportunities for P&C agencies.
sprout-sets-out-to-reshape-life-insurance-distribution

Sproutt sets out to reshape life insurance distribution

Sproutt, a life insurance company, has launched Sproutt SmartLife for Agencies and acquired full-service life insurance brokerage The Reder Agency.
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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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