FinTech News

chubb-launches-first-of-its-kind-greener-underwriting-criteria-for-oil-and-gas-projects

Chubb launches first-of-its-kind greener underwriting criteria for oil and gas projects

Chubb has unveiled new underwriting criteria for oil and gas extraction projects that will require clients to reduce methane emissions, a byproduct of oil and gas production that are among the most severe greenhouse gases.
securian-financial-to-acquire-enspire-to-bolster-its-insurance-and-retirement-offerings

Securian Financial acquires Enspire to bolster its insurance and retirement offerings

Securian Financial, which offers insurance and retirement solutions, has acquired Enspire, an employee communication and engagement platform headquartered in Austin, Texas.
home-insurance-company-kin-pulls-in-extra-$15m-for-series-D-round

Home insurance company Kin pulls in extra $15m for Series D round

Kin, a direct-to-consumer home insurance company has raised an additional $15m in Series D funding, bringing the total raised in the round to $109m.
Compsicence-nationwide-swiss-re-team-up-for-workers-compensation-policies

CompScience, Nationwide and Swiss Re team up for workers’ compensation policies

CompScience Insurance Services has entered a managing general agent (MGA) agreement with Nationwide and Swiss Re to underwrite, bind and service workers’ compensation policies.
procure-construction-launches-construction-insurance-brokerage-to-empower-builders

Procore Technologies launches construction insurance brokerage

Procore Technologies, a global provider of construction management software, has launched construction insurance brokerage to empower builders.
InsurTech-novidea-selected-by-jamaican-insurance-broker-AIB

InsurTech Novidea selected by Jamaican insurance broker AIB

Cloud-native insurance platform Novidea has been selected by Jamaica-based insurance broker Allied Insurance Brokers (AIB) to implement its born-in-the-cloud, data-driven insurance management platform for Managing General Agents (MGAs).
generali-uk-selects-supercede-as-reinsurance-technology-provider

Generali UK selects Supercede as its reinsurance technology provider

Generali UK has partnered with reinsurance software provider Supercede, as its reinsurance technology provider.
cyber-disaster-recovery-firm-fenix24-bags-$5m-in-funding

Cyber disaster recovery firm Fenix24 bags $5m

Fenix24, a cyber disaster recovery firm that is transforming the post-breach restoration process and impact, has raised $5m in funding.
continued-claim-pressures-for-P&C-re-insurers-as-inflation-persists-swiss-re-says

Continued claim pressures for P&C (re)insurers as inflation persists, Swiss Re says

Analysts at Swiss Re have predicted that although inflation is easing in 2023, many cost pressures will still underpin elevated claims.
German-fintech-moojo-launches-insurance-for-freelancers

German FinTech Moojo launches insurance for freelancers

Moojo, a FinTech startup which helps freelancers and creators streamline their invoicing processes, has launched a new product in partnership with Hiscox Germany.

News Stories

Financial institutions are not short on data. If anything, they are overwhelmed by it. The real challenge now is turning that data into something usable for pricing, underwriting, and risk decisions, quickly, consistently, and at scale. That is where most organisations are still falling short. With Elevate Data now generally available, Earnix is focusing on a different problem, not how to store more data, but how to make it decision-ready.

Why data readiness is now the real bottleneck in insurance analytics

Financial institutions are not short on data. If anything, they are overwhelmed by it. The real challenge now is turning that data into something...
Laka, a UK-based InsurTech specialising in micromobility cover, has acquired the bike insurance business of VeloLife to expand its distribution network and strengthen its position in the European cycling insurance market.

Laka strengthens dealer network with VeloLife deal

Laka, a UK-based InsurTech specialising in micromobility cover, has acquired the bike insurance business of VeloLife to expand its distribution network and strengthen its...

Aventum buys Post & Co to strengthen European presence

Aventum Group has acquired Post & Co to establish a foothold in continental Europe and deepen its marine insurance capabilities. The deal gives Aventum immediate...
OCTO, a global telematics and analytics specialist, has partnered with Sedgwick, a leading provider of claims management solutions, to integrate telematics data with claims services and reshape how insurers handle motor and mobility-related claims.

OCTO teams with Sedgwick to enhance insurance claims data

OCTO, a global telematics and analytics specialist, has partnered with Sedgwick, a leading provider of claims management solutions, to integrate telematics data with claims...

Kidbrooke: fixing the personalisation gap in WTP comms

The Dutch pension sector has a communication problem and it is hiding in plain sight inside a document that looks entirely correct, according to WealthTech company Kidbrooke.
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