FinTech News

insurtech-qover-teams-up-with-volta-trucks-for-all-electric-fleet-insurance

InsurTech Qover and Volta Trucks teams up for all-electric fleet insurance

Volta Trucks, an all-electric commercial vehicle manufacturer and services provider, has partnered with InsurTech Qover and Helvetia International Automotive to provide its customers with an all-electric fleet insurance.
Co-buyer-platform-nestment-selects-obie-as-insurance-partner

Co-buyer platform Nestment selects Obie as insurance partner

Obie, an InsurTech startup that offers insurance risk management for real estate investors, has been selected by Nestment as its insurance partners to streamling the insurance process for co-buyers.
Lloyd's-lab-reveals-13-insurtechs-joining-innovation-hub

Lloyd’s Lab reveals 13 InsurTech joining innovation hub

Lloyd’s, the global marketplace for corporate, commercial and speciality risk today announced the 13 InsurTech firms joining the 10th cohort of its innovation hub, the Lloyd’s Lab.
Chubb-names-obrien-as-vp-and-chief-risk-officer

Chubb names O’Brien as VP and chief risk officer

Chubb, a publicly traded property and casualty insurance company, has appointed Frances O'Brien as executive vice president and chief risk officer.
Green-shield-opts-for-INSTANDA-to-bolster-insurance-offering

Green Shield opts for INSTANDA to bolster insurance offering

Chicago-based Green Shield Risk Solutions has partnered with INSTANDA to enhance Green Shield’s product and service offerings.
Zurich-insurance-cost-of-living-pressures-driving-up-insurance-fraud

Cost-of-living pressure driving up fraudulent claims, Zurich says

Zurich Insurance Group (Zurich) has reported a 31% increase in fraudulent property insurance claims in 2022 and a 7% rise in fake casualty claims.
insurity-attestiv-team-up-to-support-P&C-carriers

Insurity teams up with Attestiv to support P&C carriers

Insurity, a provider of cloud-based software for insurance carriers, brokers, and MGAs, has partnered with Attestiv to accelerate automation initiatives, increase fraud protections, and reduce expenses for P&C carriers.
Corvus-insurance-names-new-president-cyber-underwriter

Cyber underwriter Corvus welcomes new president

Corvus Insurance, a cyber underwriter powered by proprietary AI-driven cyber risk platform, has named Prashanth Gangu as president of the company.
Shift-Technology-renews-partnership-with-direct-assurance-french-insurer

Shift Technology renews partnership with French insurer Direct Assurance

Shift Technology, a provider of artificial intelligence-based decision automation and optimization solutions for the insurance industry, has renewed its collaboration with French insurer Direct Assurance.
Texas-farm-bureau-and-arity-launches-insurance-to-reward-safe-drivers

Texas Farm Bureau Insurance and Arity to launch insurance that rewards safe drivers

Texas Farm Bureau Insurance has partnered with mobile data and analytics company Arity to launch an insurance programme that rewards safe drivers.

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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