FinTech News

Cover Whale to improve commercial trucking safety through Nexar

Cover Whale to improve commercial trucking safety through Nexar

Cover Whale Insurance Solutions, an InsurTech focused on commercial trucking, has teamed up with video telematics company Nexar.
Insurer-Berkley-One-launches-product-portfolio-in-more-states

Insurer Berkley One expands in more states

Berkley One, an insurance provider for modern individuals and families, has launched its product portfolio in Nevada and Idaho.
At-Bay-insurance-provider-digital-age-acquires-specialty-insurance-company-excess-and-surplus-lines

Insurer for the “digital age” At-Bay acquires licensed P&C carrier

At-Bay, which stylises itself as the insurance provider for the digital age, has acquired At-Bay Specialty Insurance Company, an excess and surplus (E&S) lines property and casualty insurer.
Baobab

German InsurTech Baobab lands €3m investment

Berlin-based cyber insurance platform Baobab has scored €3m from UK-listed FinTech fund Augmentum.
The-Hanover-Insurance-Grou-launches-specialty-general-liability-offering

Hanover Insurance launches specialty general liability offering

The Hanover Insurance Group, a holding company for several property and casualty insurance companies, has launched a specialty general liability offering.
Tesla-Insurance-reports-strong-growth

Tesla Insurance reveals strong growth

Tesla Insurance has reportedly revealed its Q4 2022 results which indicate that the business is growing.
Floodbase-climate-adaptation-technology-compant-launches-parametric-flood-solution-and-raises-$12m-funding

Floodbase launches parametric flood solution and bags $12m

Floodbase, a climate adaptation technology company, has released a flood solution for parametric hurricane policies and raised $12m in Series A funding.
Eazy-Digital-Thai-InsurTech-closes-oversubscribed-seed-funding-round

Thai InsurTech startup Eazy Digital closes oversubscribed round

Eazy Digital, a Thai InsurTech startup that provides digital platforms for insurance companies, has raised $850,000 in an oversubscribed seed funding round.
AI-tools-such-as-ChatGBT-to-drive-digital-transformation-of-insurance-industry

AI tools such as ChatGPT to drive digital transformation of insurance, COVU says

Generative artificial intelligence (AI) tools, such as ChatGPT, will play a significant role in the digital transformation of the insurance industry, according to COVU.
Encora-acquires-Excellarate-to-strenghten-capabilities-insurtech-fintech-healthtech

Encora acquired Excellarate to strengthen InsurTech, FinTech and HealthTech

Encora, a global next-generation product engineering provider, has acquired global technology solutions provider Excellarate to strengthen its capabilities in InsurTech, FinTech and HealthTech.

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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