FinTech News

regions-bank-backs-insurance-solutions-provider-orion180

Regions Bank backs insurance solutions provider Orion180

Orion180, a provider of insurance solutions, has closed an inaugural $42.5m senior secured credit facility led by Regions Bank.
universal-api-for-insurance-developer-axle-nabs-4m

Universal API for insurance developer Axle nabs $4m

Axle, which aims to bridge the gap in insurance through a universal API for insurance data, has secured $4m in a fresh funding round.
Swiss-insurer-helvetia-acquires-mobile-garantie

Swiss insurer Helvetia in Mobile Garantie take-over

Helvetia Insurance has acquired Hanover-based provider of auto insurance solutions Mobile Garantie.
kin-insurance-closes-$100m-catastrophe-bond-transaction

Kin Insurance closes $100m catastrophe bond

Kin Insurance, a direct-to-consumer home insurance company, has closed a $100m private placement catastrophe bond transaction.
insurtech-bolttech-and-tune-protect-group-to-offer-insurance-products-in-malaysia

InsurTech bolttech and Tune Protect Group to offer insurance products in Malaysia

Singapore-based InsurTech bolttech has partnered with digital lifestyle insurer Tune Protect Group to offer device protection solutions in Malaysia.
schaefer-city-technologies-launches-product-to-protect-insurers-from-nuclear-claims

Schaefer City Technologies launches product to help protect insurers from nuclear claims

InsurTech Schaefer City Technologies has launched its first software product designed to help insurance companies identify which claims have the potential to “go nuclear”.
P&C-insurer-sompo-grows-footprint-in-switzerland

P&C insurer Sompo grows footprint in Switzerland

Sompo International, a global provider of commercial and consumer property and casualty (re)insurance, has expanded its operations in Switzerland.
akur8-teams-up-with-helvetia-italy-to-take-pricing-to-the-next-level

Akur8 teams up with Helvetia Italy to “take pricing to the next level”

Akur8, the next generation insurance pricing solution powered by transparent machine learning, has partnered with Hevetia Italy to take pricing to the next level.
home-insurance-rates-to-continue-to-rise-insurify-reports

Home insurance rates to continue to rise, Insurify reports

Home market volatility will likely continue as home insurance rates are expected to continue to rise, a report my insurance comparison platform Insurify has revealed.
Ushur-teams-up-with-virtusa-to-bolster-automated-platform

Ushur teams up with Virtusa to bolster automated platform

Ushur, an AI-powered customer experience automation platform, has partnered with Virtusa to expand the capabilities of its automated experience 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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