FinTech News

Willis teams with Qover for embedded insurance solutions

Willis teams with Qover for embedded insurance solutions

Willis, a WTW business, has partnered with Qover, a European embedded insurance orchestration platform, to expand its GB Affinity technology ecosystem and deliver faster,...
For years, artificial intelligence has quietly tiptoed in the background of insurance claims, surfacing information, flagging risks and helping humans make decisions, but rarely taking action itself. That is beginning to change. Those stealthy steps are now becoming bashful plods, as AI's impact on the decision-making process surges.

Insurance claims rewired: The rise of agentic AI

For years, artificial intelligence has quietly tiptoed in the background of insurance claims, surfacing information, flagging risks and helping humans make decisions, but rarely...

Willis and Qover launch embedded insurance partnership

Willis and Qover have formed a strategic partnership to expand the GB Affinity technology ecosystem and support the delivery of embedded insurance solutions across...
Certua Life becomes first new UK life insurer in 20 years

Certua Life becomes first new UK life insurer in 20 years

Certua Life Limited, which claims to be the first new protection-focused life insurer to be authorised in the UK in nearly two decades, has...
Gangkhar secures $4.25m to power AI-native protection platform

Gangkhar raises $4.25m seed round to scale embedded insurance

Gangkhar, an AI-native embedded protection infrastructure platform, has closed a $4.25m seed round to accelerate its global expansion and deepen its AI-driven capabilities. The round...
Neptune Flood, a U.S.-based digital flood insurance provider, has launched a flood insurance quoting app in ChatGPT, allowing property owners to receive real-time preliminary quotes through a conversational interface.

Neptune Flood brings real-time insurance quotes to ChatGPT

Neptune Flood, a U.S.-based digital flood insurance provider, has launched a flood insurance quoting app in ChatGPT, allowing property owners to receive real-time preliminary...
Markel International, the global insurance division of Markel Group (NYSE: MKL), has appointed Maureen Tomlinson as Head of AI and launched an AI Centre of Enablement to support responsible AI adoption across its operations.

Markel International unveils centre to boost AI development

Markel International, the global insurance division of Markel Group (NYSE: MKL), has appointed Maureen Tomlinson as Head of AI and launched an AI Centre...
Clearcover, a Chicago-based AI-native auto insurance carrier, has launched Dearborn Labs, a forward-deployed AI practice designed to build and operate production AI systems inside property and casualty insurers and managing general agents (MGAs).

Clearcover launches Dearborn Labs to deploy AI inside insurers

Clearcover, a Chicago-based AI-native auto insurance carrier, has launched Dearborn Labs, a forward-deployed AI practice designed to build and operate production AI systems inside...
The U.S. International Development Finance Corporation (DFC) has appointed Chubb to lead its $20bn maritime reinsurance plan aimed at restoring commercial shipping through the Strait of Hormuz and surrounding Gulf routes.

Chubb to underwrite DFC’s $20bn Gulf shipping insurance plan

The U.S. International Development Finance Corporation (DFC) has appointed Chubb to lead its $20bn maritime reinsurance plan aimed at restoring commercial shipping through the...
UK InsurTech Loxa has raised £2.7m in seed funding across three tranches to support European expansion, grow its retail partner network, and broaden its embedded insurance platform.

UK InsurTech Loxa closes £2.7m seed funding round

UK InsurTech Loxa has raised £2.7m in seed funding across three tranches to support European expansion, grow its retail partner network, and broaden its...

News Stories

PremFina expands funding base with £400m Lloyds facility

PremFina expands funding base with £400m Lloyds facility

PremFina, the UK-based insurance premium finance provider, has secured a £400m senior debt facility from Lloyds as it expands its funding capacity to support...
Joybuy adds Allianz Partners insurance to EU checkout

Joybuy adds Allianz Partners insurance to EU checkout

Allianz Partners, a global heavyweight in B2B2C insurance and assistance services, has entered a strategic European alliance with Joybuy, JD.com's newly launched online shopping...
Foxen and Chubb's Healthy Paws launch pet cover deal

Foxen and Chubb’s Healthy Paws launch pet cover deal

Foxen, a PropTech firm specialising in multifamily solutions that lower risk and support financial wellness for owners, operators and renters, has unveiled a partnership...
Over 80% of MGAs modernising pricing, Optalitix finds

Over 80% of MGAs modernising pricing, Optalitix finds

Optalitix, an underwriting and pricing InsurTech offering a low-code platform for insurers, reinsurers and MGAs, has released new research showing that managing general agents...
KwantSure tests embedded insurance in construction SaaS

KwantSure tests embedded insurance in construction SaaS

Willis, the WTW-owned broking business, and its embedded insurance infrastructure partne Kayna have teamed up with construction workforce platform Kwant to launch KwantSure, a...
227198

60,000+ InsurTech leaders get exclusive insights delivered every week