FinTech News

Duck-creek-technologies-completes-acquisition-vista-equity-partners-for-$2.6bn

Duck Creek acquires Vista Equity Partners for $2.6bn

Duck Creek Technologies, an intelligent solutions provider looking to define the future of property and casualty (P&C) insurance, has completed its acquisition of global investment firm Vista Equity Partners.
insurtech-tractable-renews-partnership-with-covea-to-boost-policyholder-claims-auto-insurance

InsurTech Tractable renews partnership with Covéa to boost policyholder claims

Tractable, which offers an AI-powered tool to improve auto claims, has renewed its partnership with French car insurer Covéa to accelerate policyholder claims.
enigma-and-noble-team-up-to-bolster-business-underwriting

Enigma and Noble team up to bolster business underwriting

Enigma, a data science company, has partnered with Noble, a FinTech infrastructure company that powers verification, credit underwriting, and decisioning for companies embedding financial services.
mapfre-and-vittoria-assicurazioni-to-form-entity-to-serve-italian-insurance-market

MAPFRE and Vittoria Assicurazioni form entity to serve Italian insurance market

Global insurance company MAPFRE has partnered with Italian insurance company Vittoria Assicurazioni to serve the Italian market.
Relay-platform-launches-digital-quoting-solution

Relay Platform launches digital quoting solution

Relay Platform, a provider of multi-carrier solutions to the insurance industry, has launched a digital quoting solution for retail agents and wholesale brokers.
warranty-inspection-teams-up-with-truepic-to-support-auto-insurance-providers

Truepic and Warranty Inspection to support auto insurance providers

Warranty Inspection Services, an automotive inspection company, has teamed up with Truepic to leverage virtual inspection technology to support insurance providers.
nationwide-and-waffle-join-forces-for-auto-and-home-coverage

Nationwide and Waffle join forces for auto and home coverage

Insurance carrier Nationwide has teamed up with consumer InsurTech solution Waffle to offer instant online auto and home coverage.
builders-and-tradesmen-insurance-services-launches-constractor-insurance-product

Builders & Tradesmen’s Insurance Services (BTIS) unveils contractor insurance product

Builders & Tradesmen's Insurance Services (BTIS), an insurance intermediary focused on serving small businesses, has launched an exclusive contractor insurance product.
oscar-health-insurtech-names-new-CEO

Health InsurTech Oscar names CEO

Oscar Health, a health insurance company built around a full-stack technology platform, has appointed Mark Bertolini as CEO.
american-equity-underwriters-selects-Clara-Analytics-workers'-compensation-insurance-waterfront-employees

Workers’ comp insurance American Equity Underwriters selects CLARA

The American Equity Underwriters (AEU), a provider of workers’ compensation insurance for waterfront employees, has selected CLARA Analytics to leverage technology for better results.
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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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