FinTech News

chubb-korea-partners-with-korean-air-for-travel-insurance

Chubb Korea partners with Korean Air for travel insurance

Chubb Korea, a publicly traded property and casualty insurance company, has partnered with Korean Air to bolster travel insurance offerings.
OCTO-telematics-and-ford-motor-company-to-exntend-data-partnership-into-europe-telematics

OCTO Telematics and Ford Motor to expand data partnership in Europe

OCTO Telematics, provider of telematics and data analytics for the insurance sector, has partnered with Ford Motor Company to extend its data streaming partnership into Europe.
MAPRE-in-latin-american-alliance-with-BUPA-health-insurance

MAPFRE and Bupa enter Latin American alliance

Global insurance company MAPFRE has partnered with Bupa to offer international health insurance in Latin America.
hx-and-supercede-join-SaaS-platforms-for-rapid-reinsurance-dealmaking

hx and Supercede combine SaaS platforms for rapid reinsurance dealmaking

hyperexponential (hx), a SaaS pricing platform for insurers, has partnered with Supercede to combine SaaS platforms to enable rapid reinsurance dealmaking.
cloud-native-insurance-platform-novidea-experiences-strong-growth-in-2022

Cloud-native insurance platform Novidea experienced strong growth in 2022

Novidea, a creator of the data-driven, cloud-native insurance platform that enables brokers, agents, and MGAs to reduce costs and drive growth across the distribution lifecycle, has achieved significant growth milestones in 2022.
uk-insurtech-whenfresh-launches-cladding-data-set-to-support-insurers-and-mortgage-lenders

UK InsurTech WhenFresh unveils cladding data set to support insurers and mortgage lenders

UK-based InsurTech WhenFresh, a supplier of data to UK insurers, lenders and other big data users, has unveiled a new cladding data set to enable insurers to better understand property risks.
guardian-life-launches-all-in-one-financial-protection-solution

Guardian Life launches all-in-one financial protection solution

The Guardian Life Insurance Company of America has launched SafeGuard360, solution that offers essential financial protection for consumers in one product.
fintech-focused-venture-capital-firm-altai-ventures-closes-new-fund

FinTech-focused venture capital firm Altai Ventures closes new fund

Early-stage venture capital firm Altai Ventures has closed its second fund on $53m, as it targets InsurTech and FinTech founders.
carbon-credit-insurtech-specialist-kita-bags-£4m-carbon-removal-projects

Carbon credit InsurTech Kita bags £4m

Kita, a London-based carbon credit insurance specialist, has raised £4m in funding to leverage InsurTech solutions to support carbon removal projects.
core-platform-for-insurers-socotra-embarks-on-european-expansion

Socotra embarks on European expansion

Socotra, a modern core platform provider for insurers, is planning a European expansion following the growth in demand for its API-driven, cloud-first technology, which increases insurers’ speed-to-market at lower cost .

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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